Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-12-16
BIUCKE'TSR0P HAUL.
Capital Investment Co,
Of Chicago Raided.
Great Excitement in Financial
District Caused al Time.
Fifty Clerks and Managers in the
Secret Service Net.

Chicago, Dec. 15.-Federal agents to-
| night prepared to swoop down early tc-
| morrow upon &c branches of the Capt.
| tai Investment Co., scattered through
eight middle Western states. Follow
| ing the Sational raid on the main
| Offices and four branches of this COM
pany in Chicago and branches in Jo-
liet and Aurora, H., today, this round
Up will mark one of the most extern
sive movements in the history Of the
governments war against alleged get
rich-quick concerns. Action tomorrow,
it is said, will be taken in the follow
ing cities:
Milwaukee. Racine and Green Bay.
Wis; Detroit Grand Rapids, kalama-
zoo and Lansing. Mich; Davenport and
Miscatine. Ia: Rockford, Elgin, Mon
mouth, Galesburg. East st. Louis, Bel
who're, Ills, indianapolis. Anderson,
kokon1o, .Muncie and Lafayette, Ind;
Louisville, KY. and Cincinnati, Ohio,
and st. Louis, Mo.
According to agents of the depart
ment of justice the Capital Investment
co. controlled 5000 miles of leased
wires to supply these branches with
news of the New York Stock Market,
and was doing a business of more than
/ $40. COG, 900 annually. 1t is said on one
TO point break in the market, the con-
hcern melted 5000, 600 in q single day.
Chicago. Dee 15.--Unitcd States sec
ret service officials today raided the
offices Of the Capital Investment Co.
The main office and four of its branch
es We're visited and papers and records
contiscated Sidmon Nellie. is said by
federal officers to be chief owner OF
the company He is believed to be in
Florida.
Charles +. DeWoody, head of the
secret service of the department of
justice, had charge of the raiders. who
swept into the Rookery building, in
the heart of the financial district, just
at noon, and created great excitement.
A warrant has been obtained for the
arrest Of Nellie by the government Of
ficials. AS soon us the contents of the
office had been secured, q telegram
from Aurora and one from Joliet, both
in Illinois, announced that simultane-
Gus raids there had been successful,
from the governments standpoint,
many papers and records being seized.
The firm is said to have SO branches
in the middle West and to have done
an extensive business in the buying
ana selling of stocks Government Of
1icials said their efforts We're part
OF the general movement to stop oper-
atoms CT get rick quick concerns"
Thirty policemen and IL agents of the
department of justice made the raid. Tel
ephonc and telegraph instruments We're
torn out and blackboards and books
We're piled in heaps to be removed to
the federal building. The concern occu-
pied nearly a quarter of the floor and
about 50 clerks and managers hard at
work when the raiders came. were ar
rested.
Load after load of the prisoners was
hauled away through the crowds and
they were divided between three police
stations to facilitate their being "book-
ed" on charges filed by the federal Off
Gals. Besides the Rookery building Of
flee the following alleged buck shops
were raided: ~s'
f. J. Holzaphel. 235 Fifth avenue;
Campbell &, Co, Postal Telegraph build
ing; Murphy & Co., 81 La Sale street;
Sanderson & Co, 3S335 The Rookery build
ing.
Those raided outside the city are: NJ.
j. Mason & Co.. Joliet, Ill; J. L. Dickes
& Co, Aurora, III.
kilograms received here say federal
agent left Jacksonville Fla, today to
arrest Nellie.
Although the offices other than the So
called main office were doing business
ostensibly as Individual concerns, the
government officials charge hat they
were in reality branch offices Of the
Main concern. Among the prisoners
taken was r. II. Nellie, a brother of
Sidmon Nellie. Others were: Frank G.
Williams, Michael Murphy, Charles +.
Rckell. NJ. F. Evans, Frank Holzaphel.
C. c. Caldwell, ]. w. McChesney. James
Southard, l.. w. Lewis, Otto kronzen-
berg, William Talcott, Thomas A. Kent,
William p. Herbert, r. l.. Green and W.
]. Sanderson.
All these names are more or less famil-
lar to those who deal in stocks in Chi