New-York tribune., 1913-09-22

on IL. Another time, when he went 10
Albany TO get out our incorporation
papers for the Annex Homes, ne de-
manded 5000. We were down so low
that we borrowed the 500 from our
emploves in the office. and sent clerk
running down TO the train with SO
more that he demanded.
THE next day we got a bill against
the company for $500 for services in
this matter. This man placed many
mortgages on the property. once he
lent 5000 and cleaned up Handsomely
on il for his own clients. Two thou
sand Of this was in his wifes name
Yet when $4,000 would have saved us
from going into bankruptcy this man,
an officer in the company, put the
meetings off until saw the crash was
coming and could not face those peo-
pie out there. so ! left the city.
THE men in the company renigged
on every proposition TO carry us
through" said Rose HALEY. They
broke faith from the beginning. They
never raised the $1,000 they promised
to raise. Why this same man, of whom
my sister spoke, used 10 bring us the
last sheet OF affidavits and tell me TO
sign them. and | did without knowing
what | was signing. He had us so
much in his power that he would send
me out 10 get signatures on notes"
I Mrs. Francolini fatty contradicted
the testimony OF Isaac w. Goodhue,
treasurer of the Annex Homes, when
he said before the United States Com
missioner in the bankruptcy proceed
ings that he insisted on a sinking fund
10 take care Of mortgages on the prop
erty she had sold.
She denied his testimony that when
he called for a list Of persons who had
made final payments but received no
deeds she sent n sheet with only ten
names. Mrs. Francolini asserted she
sent a complete list of those fully paid
I'D. but who had no deeds because their
homes were plastered with mortgages.
Mr. Colligan has a large number OF
affidavits from persons who swear that
when they bought their lots II was
represented that the land was entirely
free from any membranes.
"Whv. I mortgaged even my own
, home for $4,000 10 get money to make
good" says Mrs. Francolini dld
everything TO pay interest and over
balances at banks. so that they would
not foreclose. l even took 500 out OF
nv little nephew's toy bank TO help pay
off something or other.
"When the men in the company VINO
had been advancing money on mort
cages suddenly stopped and began
nutting off a meeting that was to take
nm the affairs Of the company, l real
tied that they had shut down 10 reap
the harvest. So l said goodby and
loft did not want to become a vic
rim Of other peoples cunning"
Rose HALEY told Colligan she and her
sister were ruined financially by the
trickery of the men in the company
She described how, panic stricken,
they broke open savings hank con-
tanning $50 because they were afraid
70 take 1t down to the savings institu-
ton to have it opened, lest they might
be recognized and perhaps arrested.
With this $50, she said, they travelled
in several Western cities, ran out "
money and one day Jared on crackers
and water.
Wilmer ]. McAllister, the women's
attorney. got in touch with the de-
throned realty queens" through their
brother, Solomon HALEY, dentist in
New York. and induced them TO return
and make a clean breast OF what they
knew about the speculatons which