Daily press. [volume] (Newport News, Va.) 1896-current, 1910-10-14
MANAGER OF CONCERN
TAKEN INTO CUSTODY
Warrants for Arrest Of the Men In
Charge OF the Huge Business Charge
Use of the Malls in Scheme to De-
fraud-Minister Is Prominent and
Has Strong Endorsements.
,sy Associated Press)

tBy Associated Press)
I BOSTON, MASS. Oct. i3.-Federai
authorities visited the extensive Offices
OF the Redcemabie Investment Com
pany. al So Devonshire street, today
and came away with Manager Charles
II, Brooks, the books of the company
and several thousand dollars In cash.
all taken under warrant charging
the company with the use of the mails
in schema to defraud.
Ofiicers Tonight were hrnting for
Rev. Norman Plass. the PRECEDENT OF
the company. who has the alleged en-
dorsement of Secretary OF the Interior
Richard A. Ballinger, the late A:'so-
ciate Justice David J. Brewer, of ths
United States Supreme Court; Sem
ator Charles Curtis, of Kansas. and
several local Congregational ministers.
Rev. Mr. Plass was seven years pas
tor OF washburn College at Topeka.
Kans.
The raid on the officers OF the COM
pany In the Devonshire street building
was of great interest to thousands Of
Investors ir ,Nsy r;c.sne ss~s sth
sections.
Workings OF the Company
The Redeemable Investment Cor
pany was organized three years Al
as holding company, with a cap;ts
OF siO.0o0.000. Circulars found In III
Office say that the company promotes
only those properties of which It Ia the
owner, or Of which II has controh and
that tho stock Is not listed az the COM
pany's redemption fund furnished q
market for the stock on demand at Q;
price In no case less than the prizes
paid the company. together with ~
least per cent for the time it had I
been issued.
The circulars also say that the com
panv controls the Santo Domingo
Mining Company, which Is said to own
SIS per cent. OF the mines of Jalassos
Santo Domingo, and a ranch OF 70,- !
900 acres IN the same state: the Norss
man PIass Lumber Company. which
claims to own $4,000. 900 feet OF tim
Der in British Columbia: the Bcston
and Canada Wheat Land Company,
81. 900 acres OF land In Canads, and
ihe Okenogan Development Company
Of Washington.
Minister Of Note.
Rev. Mr. Plsss, the president OF the
company. Is a graduate OF William
College and the Yale Divinity School.
He has held pastogates at Detroit:
Lincoln. Neb.: Media, o.: Cincinnati.
and harrington. r. ]. In 1897 he was
state superintendent OF the Rhode
Island Anti-Saloon League and Iatsr
agent for the Congregational National
Home Missionary Society.
The literature contaids endorse
ments OF Mr. Plass from many prom
inent persons, including Secretary
BalIinger who says In his letter that
he has known Piass for many years:
that he is worthy OF confidence ana
respect. and adds hat he lie sure Piass
would not knowingly misrepresent
business matter.
Manager 10 Ex-Conviet.
Mr.. Brooks was born In Council
Bluffs. thirty-nine years ago. Accord
ing to the federal cfiiciais. Brooks
was arrested In st. Louis six years
ago. tried and convicted In CONNECTION
with the land frauds Of the Risito In
vestment Company. Of St Louis. ana
sentenced to eighteen months in JAIL
but was pardoned BY President Rocse-
Welt on the ground that he had fur
nlshed valuable evidence for the gov
eminent IN the trial Of United States
Senator Burton.
The officers OF the Redeemseie In
vestFnens comDauv are ss follows:
President. Norman Plsss. Boston:
wee presidents. ]. Austin Pharaoh
worcester: George A. B'arvelt. 81 New
Work ana wfIlixm n. BRYAN. of Se~
York. Secretary. George 2. Grzn. OF
po~iou: treasurer. J. l. Trappsgcn. Of
Boston.
Manager Charles ". Brcoks vas ~
raIxned late TODAY before Unisef
states Commissioner Waves AMI lister
released o. giving ss.nca bail ne vac
expected 70 appear for hearing on
October 70,