The news-democrat. (Providence, R.I.) 1906-1909, 1907-07-25
HOME co. PROBE
BRINGS TO LIGHT
QUEER METHODS

persons had called to consult with him
because OF his connection with the credit
ors committee. which is q purely advisory
one. concerning the stability of their
claims as owners OF homes which we're
built under contract and upon which they
have been making payments
He found, he said, that some OF these
persons were holding receipts which we're
signed In some~instances with the name
of two of the corporations affiliated with
Isaac L. Con & Co. and the Home Realty
company, and In other instances with
the names of Ave of those corporations.
That Is to say. persons who called TO
make payments on account OF interest
and principal received at the hands OF
the same bookkeeper receipts In the
names OF different companies on different
calls made by them at the office. Col.
Quinn says that perhaps this was all
right and perhaps the money went to the
right company or person holding the
mortgages at the time OF the particular
payments. This fact. he says. he will en-
deavor 10 determine.
At meeting of the property owners OF
Lincoln park. Tuesday night TO determine
what action might be taken to protect
their interest. In view OF the collapse OF
the Home Realty company message was
received through Mr.. Logan. which pur-
ported to come from Col. Isaac L. Con-.
The home owners were told not to worry,
that all would come out right Above all.
they were requested not to have anything
to do with lawyers.
COL. GoFF QUITS.
II developed today that Col Con had
for some time previous to the Insolvency
OF the concern intended to give up the
home building business.
A letter dated July gives as a
reason for this contemplated change Col
Gon's continued hl-health.
Owing to the unfortunate career of the
Home Realty company. the men associa-
ted with Col. Isaac L. Con- have decided
to eliminate the home building business.
Plans for the reorganization OF the busi-
ness will not be completed until Col Con-
is able to aid in the work.
As soon as the public excitement over
the Home Realty tangle has subsidized
somewhat the company will send out let
ters to It's customers. II Is understood.
announcing the conditions under which
the Con companies will do business.
A copy OF the letter the company was
preparing to send out. but which did not
reach the public owing to complications
following the insolvency of the Home
Realty company is said to be as fol-
lows:
providence, July g. 1907.
health has been far from good and am
advised that the former strict attention
to business which / have heretofore for
many years given must be relieved.
IT appreciate the fact very fully my
self and am making arrangements 30 far
as possible to withdraw, for a time at
least, from active participation In busi-
ness matters; before doing so. however. I
desire to apprise my business friends OF
my Intention.
1.-The real estate and insurance business
will be continued and the business will be
conducted more particularly under the
supervision Of my son, William d. Con.
and Mr.. Mosher. and under the name OF
Goff- Mosher company.
''Your past patronage is highly appre-
ciated and trust your clientage may be
continued.
VERY truly and respectfully,
ISAAC L. GOFF."
Col. Con- suffered a slight relapse last
night.