New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-24
MiIIer's Scheme. Promising $40
Per Cent. 0verShadOWed by
One Offering 42,200
Per Cent.
C. A. T0WNE ONE VICTIM
MANY Others in Net of Man
haitian Mutual Realty Com
pany Hoping to Harvest
S4,220 from a
Ten Spot"

\ new Napoleon Of finance. who has
been hiding his light under "a bushcl for
many years. is presented to the public
for the first time by The Tribune. He
is John Linton. president of the Man
haitian Mutual Realty Company. of No.
940 Broadway Three weeks ago he
was arrested on complaint of John
Schneider. Pittsburgh business man.
WHO accused him of misappropriating
SlO4. Linton spent night in the
Tombs II vas bailed ont next morn
ing. He was finally discharged. the
complainant falling To appear against
him.
Lintons hid for fame. however. is not
due To anything so commonplace as
aprearinS i'm police court as defen-
dant i'm any larceny complaint. In
stead il is due to sort of endless
chain scheme whereby a possible profit
Of - 2o0 per cent is promised to those
who invest in one Of the Home Con-
tracts" Of the Manhattan Mutual Real
~ Company The only thing required
If one to make this enormous profit.
according 10 Linton. is to invest at
least so i'm home contract Then.
even if one stops paying. and the near
endless chain IS completed i'm year.
the investor receives Si.2.c out of Lin
tons bank roll. But more Of Linton's
bank roll later.
The Manhattan Mutual Realty Com
yany describes its activities as "a work
Of supreme benefaction." But this
work of benefaction, and it's director.
Linton. will to-day bc the subject Of
an inquiry by the Richmond County
Grand Jurv. Albert {. Each. District
Attorney of Staten Island. has sub
pocnaed the books of the company and
some of its present and former en-
ployes. as well as several persons on
staten Island who have had dealings
with Linton or his Manhattan Mutual
Realty Company.
Doing Land Office Business.
This corporation has been doing
land office business on Staten Island
lately. When its activities were brought
to the attention Of District Attorney
Each he at once started an inyesti-
cation, and as n result issued batch
Of subpoenaes on Saturday. which were
served by attaches of his office.
But the Manhattan Mutual Realty
Company has not confined its work OF
supreme benefaction'' TO Staten Island.
1t has had its agents working daily in
New Jersey. Manhattan and Brooklyn,
and i'm Long Island 1t has Induced
hundreds Of persons. mostly working
men and working girls, to part with
their money through these home con
tracts"
These agents Of Linton were all
smooth takers They were all trained.
and each was supplied with copy OF
Instructions by Linton. one Of these
sets Of instructions is in the hands OF
District Attorney Each. II shows the
agent how 70 paint glowing pictures
lnct cannon ldll 10 pIiHS HN'i' '
coin Prospective investors are told
how by investing 81 week until SIC"
Is paid they bind the Mutual Realty
Company to build a home for them af-
ter plans drawn by the company ana
on a site selected by them.
Not only this, but the agents talk'
when Il follows the printed instructions.
describes the scheme as having all the
advantages Of a wealthy real estate
company, a savings bank. life insur-
ance company and further, that II mas
80 per cent Miller's" idea OF FRANK
lin Syndicate notoriety beaten 10
frazzle in one hundred different ways
o. course. these instructions. beauu-
fully typewriter on Linton s best s'a-
Continued on fourth page. sisih c"'"'n"'