The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-14
CHICAGO TURF
JOINTS RAIDED
Men and Women clamor For the
Return of Their Money.
MANY ARRESTS WERE MADE
LETTERS SEIZED SHOW DUPES
ALL OVER THE COUNTRY.

Chicago, Feb. I3.-Three turf invest
u1eFt company offices were raided here
this afternoon by detectives and a num-
Der OF attaches were arrested. The
head of fourth concern. warned Of
the proposed movement, made his es-
cape before the detectives arrived
Inc nrfGs visited by the police were
the H Brolaski company, 1856 Dearborn
street; Benedict & Co., room 70S, 225
Dearborn street; the SIid-continental
Investment Co., 1876 Dearborn street
and A. J. Morest & Co. on the eighth
moor OF the Temple Court building
Dearborn and Quincy streets. When the
detectives reached the Demorest place
the president of the company, A ].
Demorest, could not be found. A num-
per OF patrons were in front of the
locked doors clamoring for payment.
Inc raids followed a general police
order to close all fraudulent exchanges
IN Chicago. Three squads of det6ks
tlyes started out simultaneously to
round up the alleged offenders. The
first place visited was the offices Of
Brolaski & Co, where Brolaski and FIVE
other persons were taken in charge.
Women Clamor For Money.
Brolash declared that he had been
doing nothing wrong and that he was
carrying on a business for the benefit
of his investors. IN the Office at the
time were two women, however, who
SAID they had made investments, but
| mad been unable to get their money
back when they called for it,
George H. Vincent OF Davenport, Ia.
also appeared at BrOIaSti's office while
I, the raid was in progress, and declared
that he had lost SLIGO. He said that
he had invested his money on the
promise of heavy gains, but he had not
received cent in dividends.
During the raid at Benedict & Co.'S
offices number of men called to ask
that the money they had entrusted with
the company be returned to them. One
man said, that he had 81 COO invested
with the company, but was unable to
get out. A collector for the collection
department of the American Express
company, AID one for that department
of the Continental National bank also
called. Each had claims aggregating
several thousands of dollars, all of
which had been made OUT by out-of-
town patrons.
Employees Never Saw Employer.
The letter heads of the company gave
the name OF John w. Benedict as sec
rotary and treasurer, and w Curtis as
manager. All persons at work in the
office said they, had never seen Bene-
dict, but that he was probably at the
main office at South Bend, Ind.
At the office of the Mid-continentaI In
Vestment company the stenographer. a
woman. was taken into custody. but the
manager could not be found. The desks
in the place were broken into and certifi-
Gates of stock proprietorship and lists of
investors were taken in charge.
Just how much money Demorest took
away with him when he left his office to-
day is not known. but the place was be-
sleged all the afternoon by dozens of pa
irons, who said they were heavy invest
OrS. so
Dupes the Country Ger.
The circulars seized :n the offices raided
today reveal. tt is said several new
schemes Lettefs from men. women and
boys in nearly every town throughout the
middle west were found with hundreds
of communicate from Chicagoan
Although no definite estimate of the
amount lost to investors can be made q
present, it is said the total will run into
hundreds of thousands