New-York tribune., 1905-02-24
CATCH "COME-ON" MEN.
HAD MANT STOCK SHARES.
Bat Com panies Did Not Eaist. Say
POlice-Scheme NoUel.

Central Office detectives yesterday arrested
two men charged with taking part in a clever
come on game. in which stock certificates of
gold mining company which does not exist were
used. and in which the victim" was Detective
Sergeant McKenna. He with Detective Ser
geant Casa, of Acting Inspector O'Brien's staff,
made the arrests.
One prisoner. in cell. said he Frank
B. Montez, living at the Metropolitan Hotel.
Broadway and 27th-st., this city. The other
prisoner is held by the police of Jersey City. He
said he was Horatio B. Clayton, also living at
the Metropolitan Hotel.
On Feb. II there appeared in a morning news
paper this advertisement;
Anv one with $1,000 cash can make 80 per
cent on same in short time Legitimate busi-
ness deal. Handle own money. Appoint inter-
view.
This notice came to the attention of O'Brien.
He put McKenna and Casa the case. Nc
Kenna wrote letter like this:
\ A-Sir: Please send me particulars in ref
erence to advertisement in to-day's paper and
oblige Richard Morris No, 627 East 13Sth-st.
New-York City.
Morris" McKenna- A meeting at the
Metropolitan Hotel was arranged between Nc
Kenna and the man. who. the police say, is
Montez. but VINO called himself Clayton The
two prisoners, according to the police, inter
changed names.
Montez, it is alleged, went over the details Of
the scheme for making 30 per cent on the 5000
basis. He said he had met a man somewhat
aged and very III. who had a number of shares
of the Eagle Gold and Copper Mining Company.
Being i'll, Montez said. this would sell the
$500 shares dirt cheap" If he could get an
immediate purchaser.
Montez the police assert, told McKenna that
it was possible for the sick man to be induced
TO sell his twentysix hundred shares for $1,000
and for profit of half that amount to be real
lied. The sick man. Montez said was in hote!
in Jersey City. McKenna expressed himself as
pretty we'll satisfied with the proposed deal
The plans were that the two men should visit
Wall Street together investigate the stock and
then go TO Jersey City and try to induce the
sick man to SELL Yesterday morning they met
at the Metropolitan Hotel and proceeded leis-
urely to the Wall Street district
What are they shouting?" McKenna asked
innocently In the Stock Exchange.
They're shouting Eagle Gold and Copper"
Montez gleefully replied. See man! See!
What did 1 tell you? Selling for So T5 a share
and we can buy for 81. Everybody is shouting
Eagle Gold and Copper. "
Montez. it is said by Inspector O'Brien. even
took McKenna into the Office of j. s. Bache &
Co. No 30 Newest, and pretended to learn that
Eagle Gold and Copper was hard to get No
one at Bache & Co.'S offices knew him. but he
pretended he was acquainted there
Then they went TO the Washington Hotel
in Westinghouse. Jersey City. and met Claw
ton. Finally McKenna said he would come back
to this city and bring $4,000 back with him.
Montez accompanied McKenna. At FuIton-st
and Broadway, on the way up Broadway, Nc
Kenna turned to Montez and said: THE game is
up, old man. L am detective. You are under
arrest" The prisoner would not be convinced
until he was taken TO Police Headquarters The
arrest of the other followed. Montez had
a letter apparently written by Paderewski to
him. in which the pianist speaks in apprecia-
tion of Montezs ability to tune pianos
Shares of stock in many companies which the
detectives say. do not exist were found in the
rooms of the two prisoners.
Inspector O'Brien said that from obituary"
notices found on the men. they had worked
relatives of persons who recently died TO get
them interested in fake" bonds, saying that
the dead persons had subscribed to the stock