Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1912-07-30
CROESUS OF LOAN
SHARKS IN JAIL
TolIman, Tricked Into Admit
ting Ownership, Arrested
in Raid on 10 Shops.

NEW YORK. July SO.-Thirteen
loan shark establishments were raid
ed yesterday by detectives under
the command of Captain Mckinney,
acting for Assistant District Attor-
ney Franklin Brooks, and in the net
was taken the most important and
richest money lender of this class in
the United States. D. H. Tolman. For
months an effort has been made to
catch this man of millions, but he al
ways hid behind the skirts of girls In
his office. permitting them to be ar
rested rather than being taken him
self.
Two weeks ~ his books were
taken in a raid. All the records,
containing the names of scores of his
victims, were landed in the Office of
the district attorney, and Mr.. Brooks
began a study of them. Tolman, vir-
tually driven from business by such
action, was frantic. He had his law
yers sue out a writ of replevin to re-
cover the books.
To do this he had to sign an affi-
davit In which he swore that he was
the owner of the books and business.
That was the technicality that Mr..
Brooks awaited. He had no other way
of actually proving that this loan
shark owned the business run under
his name. The affidavit was suffici-
ent. Mr.. Brooks then began work on
the numerous complaints he had
against Tolman and found one which
he considers conclusive.
The prisoner was taken to the
Tombs and locked up. This. so far
as known. is the first time the rich
est loan shark in the United States
has been behind the bars.
One of the persons arrested in the
raids was Miss Nan Bauman, who
gave a Newark address. She was
taken on a warrant charging that
she, in the employ of Burt Brothers
100 Fifth avenue, was aiding in lend
ing none at usurious interest.
Detectives Trojan and Bauern-
schmidt had the warrant. Trojan
had never seen Miss Bauman before
and when he saw her through the
open door he got only a short glance
for Nan acted quickly. She slammed
the door of the partitioned office in
which she stood and it locked will
a bang. The partition was sever
feet high. Trojan mounted the bacl
of a chair and looking over the par
tition saw Nan hurry to a safe and
lock it.
Trojan got to the top of the parti-
ton and there he lay. Nan picked UP
a feather buster and tried to tickle
Trojan into falling back to the other
side of the partition. The detective
fell. but into Miss Bauman's slender
arms, and as she could not hold hin
he vent to the floor.
Sitting with the detectives in thu
Tombs Police Court. she said in add
ton to her remark about having beer
with the Burt brothers since she left
school:
"Why. I'd be awfully sorry to lost
this job. I never had another one apl
I don't know where I'd get another
one. I'd have to start all over again
wouldn't II"
She was not nervous then. She die
not seem to realize her position unit
she was arraigned before the magis.
trate, and then her fingers kept NOV.
ing nervously. She was near tears
when she was held in $500 bail for ex.
animation tomorrow.
Business was going on as usual to-
day at the local office of Daniel H
Tolman, 612 Metropolitan building
Market and Washington streets. Tht
concern has been in this city for more
than a dozen years. The younf
woman in charge said that the Office
would remain open.