Perth Amboy evening news., 1910-12-17
FOR
USE OF MAILS
Alleged Get Rich Quick Pro-
motors Caught IN Raid.

Philadelphia, Dec. 17.-In a sweep
ing crusade against alleged get-rich-
quick concerns and others who use the
mails to further their schemes post
office inspectors, working under the di-
rection of Chief Inspector ]. S. Cortel-
yon, made twenty-five arrests III this
city, other sections of this state and In
New Jersey. The smaller cases were
not made public until the larger raids
were completed. The prisoners are all
accused Of using the malls TO defraud.
some being said to have conducted
stock and land swlndles, while others
are accused of selling goods for which
they never paid or obtaining money
for articles never sent TO the would be
purchasers.
Perhaps the most important arrests
were made in Philadelphia when for
mer officials of the Chain Shoe Store
syndicate, a concern which the posta,
inspectors describe as a rival of the
National Public Utilities company,
were taken Into custody and later held
In 81 1000 bah for a further hearing
Jan. g.
Not Much In Assets.
The postal officials say former off
ciais of the Chain shoe Store company
has as assets n handsomely furnished
office in the Franklin National bank
and a cohbler shop. described in liter
allure of the company as a factory
able to turn II 900 pairs of shoes a
day"
The company said Its scheme was to
own and control shoe stores and facto-
ries In various parts of the country.
The company was formed In 1909 with
a capitalization of s2.o0o.oOO author
lied. Issued In shares Of par value of
a dollar. AT the start the price per
share was 10 cents. This. the postal
officials say. was arbitrarily increased
to Il dollar to mislead unwary invest
ors. About $4,000 in stock, 1t is said,
was sold. Last October a reorganiza-
ton of the company was demanded by
some Of the stockholders who had be-
come suspicious. and old officials were
forced to resign and three new ones
elected. The prosecution IL based on
the conduct of affairs by the old off,
cIals.
Another company whose officials
were arrested was the Pine Heights
Land company, with offices In this
city. The officials arrested are Harry
F. Stanton. builder and real estate
man, a former councilman of Ocean
City, N. j., and Robert G. McMorris of.
this city. The company had a tract OF
land near Tuckahoe, N. ]. The postal
officials say 1t was represented to be
improved, but In reality covered with
scrub oak.
A Doctor Is Held.
Dir. J. B.. H~orinstein was taken into
the dragnet Of a charge of misusing
the mails by mailing circulars claim
Ing he could effect the cure of certain
diseases. ~~ ~
J. ii. Lepsch, a prominent jeweler of
Ridgway. Pa, is held. Lepsch pressed
Il claim against the Adams Express
company for $1,000 worth of jewelry
alleged by him to have been lost or
stolen in transit. The consignment
or jewelry, sent to q Philadelphia firm
for appraisement, was not sent at all,
1t is charged, but en- empty package
went in its place.
The charge of sending obscene mat
ter through the mails was made
against Ira G. Webster of Newark,
N. j., and Oscar G~ustafson of Jersey
City. Mrs. Laura Steen OF Fern Sta
tlon. near Pittsburg, was held by'Com-
missioner Lindsay charged with or
dering embroideries of various kinds
under different names and after they
were ent to her denying that she had
received them.