Los Angeles herald., 1905-11-29
CHARGED WITH
S256,00O SW|NDLE
NEPHEW OF NELSON MORRIS,
PACKER, ARRESTED
Samuel N. Hoffhemer Is Held on
Complaint of S. w. Strauss G. Co.,
Mortgage Bankers in
Chicago
BY Associated Press.

oy ASSOCldlSu ITeSS,
CHICAGO, Nov 2S.-Samuel N. Hoff-
heimer, nephew of Nelson Morris, the
millionaire packer, was arrested here
tonight charged with having swindled
S. w. Strauss & Co.. mortgage bank
ers at ia La Sale street. out of $256,0O0
Being unable to furnish bonds fixed at
$15O,000 by Justice Cochrane, who is
sued the warrants for his arrest, Hoff-
helmer was taken to the Cook county
Jail.
The alleged swindle operated by Hoff-
helmer extends over a period of Is
months. His relations with the Morris
Ialnlly, 1t is said, made 1t possible for
t1ofthe1mer to carry out the scheme for
such a long period without detection.
TWO years ago, while the young man
was carrying on a small commission
business in buying and selling cattle
feed, 1T is alleged he went to S. W.
strauss 4 Co. and explained that he
was buying large quantities of cotton
seeu ana cotton seed hulls, which he
disposed of to Nelson Morris a. Co
In order to carry On the bust
ness, 1t is alleged, he explained that a
large amount of money was necessary
10 take up the drafts which were made
daily on him for the feed and TO take
up the bills of lading made with the
shipments He, it is said, requested S
w. lStrauss to finance the deals which
he agreed to do.
From ieG that time on. it is alleged
1ofthelmer delivered the lists ~
Strauss & Co. daily of carloads ot
cattle feed which he said he had
bought from various concerns and had
sold to Nelson Morris & 20 Ue
would obtain checks for the amount
or his purchases from S. w. Strauss
& 90, and at the same time he
would deliver to the bankers a draft
on Nelson Morris 6, 90. for tbf
amount for which he had informed
them he had sold the feed to the nani,-
ing company. p''N IA
Inc draft taken by the bankers was
deposited in their banks in the usual
course of their business. '''''
AT the beginning, according to th,
bankers, Hoffheimer carried on onIy
small sales, but the amounts of The
transactions grew so that sales tc
Nelson Morris & Co, as reported b>
HoHheimer amounted to more thar
100000 day. Until the first of this
month the supposed sales continued
and then it was learned, it is said, tha.
all the sales We're fictitious. InsteaC
OF taking up the drafts which he ha6
.o'Nt WIZ OuI StSdlllSl MN WnAI
ne bought the supposed feed, Hoff
heimer took up the drafts which he
gave to S. W. Strauss & Co. against
Nelson Morris & co. In this way hc
continued from day TO day. increasine
his supposed sales and taking up Tho
| larger drafts against the packing corn
pany with the larger check given him
by the bankers on the following day
making a small gain each day on tho
use of the bankers money Knowl
edge of the drafts did not reach the
packing company until November l
when Nelson Morris accidentally dis.
covered one check while it was in the
bank at the stock yards An investi
sation followed, and Hoffheimer is al.
| legged to have made a complete confes
sion to Strauss of his operations, ad-
mitting that for eighteen months II,
had been carrying on the scheme
which had made him a living and al
| the close had netted him $256,00O tht
amount of the check received from tn.
banking concern to take care of tn,
| days business.
Hoffheimer declares he has lost tn,
money in investments. He will be giver
a hearing before Justice Cochrane on
| December 8.