The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-06-20
E. J. ARNOLD SURRENDERS;
GOES TO CHICAGO FOR DERBY.


and said that the bond was fixed at $500 or
each count. AS quickly as Clerk Adam
Doerr could prepare the bonds. Attorney
Rowe signed them.
CASES ARE SET
FOR JULY IS.
Discussion followed as to the setting OF
the cases. The State was represented by
Andrew ]. Maroney. Assistant Circuit At
torney. as Circuit Attorney Folk was en-
gagged before the Grand Jury in connection
with the State boodling investigations. The
date decided upon was July IS.
AS quickly as these arrangements could
be perfected. Mr.. and Mrs. Arnold and
Rowe departed. Driving direct to the
United States courts, they Were there a
brief interval. and then lunched at down.
town cafe. conference was held early
In the afternoon at Mr.. Rowe's office. after
which the carriage was again summoned.
Arnold went to the races at the Fair
Grounds, where he spent the remainder Of
the day.
After a short but flourishing existence.
during which more than half a million
dollars was taken in. the Arnold bubble
company exploded February 9. The in
vestors paid their cash. expecting high
weekly dividends. The money. intrusted to
the judgment Of the company heads was to
be wagered on horses which were sure
winners. E. ]. Arnold had accumulated
vast deal OF racing knowledge. and it was
this which was to lift all his customers to
riche,.
Maintaining fashy exterior. he managed
to gain the confidence Of many persons as
TO his stability to pick the winners. and the
widespread literature" soliciting business
of the country generally, attracted many
others. who were magnetized by the prom
Use of an enormous interest.
GET RICH-QUICK"
CONCERNS PROFITABLE.
Arnold having hit on 4 good thing"
others of his kind were not slow to enter
the field against him. Each new entry bid
the market up. A sudden drain was placed
upon the Arnold company by the rush of
it's investors to get their money to place it
with other companies at more advantageous
terms.
The consequence was that Arnold & Co.
finally We're compelled to refuse payment.
The Ryan company had almost 100000
in Its custody. The affairs of this concern
have been closed. and in final settlement
Ryan paid out $4,000 The Arnold company
is still in the United States Court. but it
is said that he can pay only per cent, or
$4,000
When his company went under Arnold
was in Hot Springs. The February Grand
Jury took up the matter. and Chief of Po-
lice Kelly sent out circulars calling for the
arrest of Arnold and Lumpkin.
The latter disappeared about this time
and Arnold left Hot Springs. Arnold de-
clares that he at no time since February
has been out of the United States
CLAIM LUMPKIN
GOT THE ASSETS.
Attorney Rowe says that Lumpkin. not
Arnold. got away with the assets of the
firm. The lawyer declares that Arnold was
badly treated by his former cashier and
manager. Nothing is volunteered as to the
amount which Lumpkin is supposed to have
realized but 1t was maintained emphatical-
ly that Arnold came out with nothing.
The surrender of Arnold at the instance
of his wife adds another to the list of sim
liar incidents which have occurred in con-
nection with sensational fugitives from st.
Louis courts. The first was John X. Murrell,
whose sudden temperance from Mexico
was largely due to his wife.
Charles F. Kelly was moved by the ap
peal of a wife, who had just witnessed the
death of a child Mrs. John Barbaglia had
great influence over her HUSBAND In inducing
him to turn States evidence in the natural
iZation cases