The Paducah sun. [volume] (Paducah, Ky.) 1898-1906, 1905-06-26
Reported That Former Mana
ger Bordeaux Has Skipped.
$500 Deposited by W. e. O'Bricn ~
Bond for Bordeaux. Ordered
Held by the Receiver.
FURTHER ACTION TALKED or

The affairs of the Home Pur-
chasing company seem to be more
muddled than ever j. s. Bordeaux,
formerly general manager and one
of the originators of the scheme. is
said to have skipped. He was not in
police court. today when his case was
called, and the attornev" e the
prosecution then moved that the
warrant be dismissed, and instead
took out one against Bordeaux for
being an agent for a concern that
had no license to do business in the
state
This was done in order to prevent
the $500 bond from being forfeited
TO The city. When Bordeaux was ar
rested several days ago on a charge
of failing TO take out license for
the company as required by law, he
gave $500 bond for his appear
aace, w. c. O'Brien, the real estate
man. and formerly himself in the
Home Purchasing company, deposit
ing check for the amount
The check was cashed and the
money held and this morning Mr.. f.
G. Rudolph, one of the receivers, APP
peared before Chief of Police James
Collins and demanded that the pro-
ceeds of the check, $500, be held
pending the courts settlement of
whether or not the money belonged
10 the Home Purchasing company.
Attorneys for the stockholders of
the company claim that they have
evidence that the money put up by
O'Brien belonged to the Home Pur-
chasing company, and they will have
the money held until the question is
lecided.
Chief Collins stated that he would
hold the money. When the case
against Bordeaux wascalled and de-
PENDANT was not present, 1t was fear
ed that the bond would be forfeited
and the $500 taken by the city, so
the case was dismissed, and the new
warrant has not of course been serv-
ed, ana there is now no bond for
Bordeauxs appearance.
According to report Bordeaux left
the city Saturday morning on boat.
Late Saturday afternoon Circuit
Judge w. NJ. Reed appointed two
receivers, Cecil Reed and +. c. Ru-
dolp, for the Home Purchasing Co.
company's affairs One of the attor-
leyS for the stockholders today said
that a very peculiar thing about the
company is that not single person
connected with 1t can or will tell
where the company's assets went
They every one disclaim all knowl-
edge of where any funds are orwhat
went with them and the attorneys
believe that at least some of them
are telling the truth.
There are only few thousand
dollars in assets turned over to the
eceivers. Some of the $4,000 assets
given in the assignment here are in
Georgia and the receivers here have
nothing to do with them, as they are
outside this courts Jurisdiction.
There are hints of other actions
In a day or two, II is rumored that
he affairs of the company may yet
be taken into federal court. but not
certain II is doubted IL It can be
lone, but an effort will likely be
made TO get them there.
Mr. Henry G.. Snidor, of Lexington,
counsel for the Southern Mutual In
vestment company of that place, ar
rived in the city today. and made a
statement in regard TO the report that
the Home Purchasing company of Pa
iucah had sold out To his company.
He says that man was sent here to
look into the Paducah concern, but
that no idea ever existed In the minds
Of the officials OF the Lexington com
pany TO assume any obligation of the
Home Purchasing company. The in
'ention was simply to switch the
Home Purchasing. contracts with the
consent of the holders, to the licking