Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1916-05-30
WOLF Of WALL ST."
ARRIVES IN ATLANTA
To BEGIN SENTENCE
David R. Lamar Famous Ma
nipuIator of Finance and
Politics, viii Serve Two
Years in Federal PSiSon

David b. Lamar. shrewd promoter of
many schemes, who has been dubbed
1.-THE Wolf of Wall Street" arrived in
Atlanta Saturday afternoon to begin the
service of two-year sentence imposed
in the federal courts when he was con-
victed on a charge of impersonatins
CONGRESSMAN A Mitchell Palmer in
telephone conversations with members
of the J. p. Morgan banking firm.
Lamar, handsome. heavy set, gray
haired man, suave and self-possessed did
not appear at all broken by the prospect
of two years in the federal penitentiary,
and according to one of the deputies,
who brought him here the wolf had
preyed on Wall street for several hun
dred thousand dollars in the past three
months, winning that amount on war
baby" stocks.
When the bars of the federal prison
closed behind Lamar about O'CLOCK
Saturday afternoon a Wallingford-like
career in many cities, including Atlanta,
was brought at least to temporary
close. -
Asked about his case he replied. 1
barded with questions of various sorts.
Several times he would carefully ask a
reporter to repeat his question. After
the reporter had done so several times
he would invariably say: my answer
to that is 1 have nothing to say
please quote me correctly"
is REMEMBERED HERE.
Lamar refused to admit or deny his
former residence in Atlanta. However
DR.. Jacobs, II. C. Crosswaite, Sam Hail
and a number of others remember him
we'll
DR.. Jacobs says that he thinks Lamar
is the man who originated street car
advertising. At least, DR.. Jacobs says,
he had never seen advertising in street
cars or heard of Ii until Lamar Sc
cured on option from Joel Hurt, who
was then the head of one of the street
railway companies here, to place adver-
Using in the trolley cars.
However. before the car advertising
scheme had materialized, the man was
out of the city and with him went
DR.. Jacobs investment in the scheme.
DR.. Jacobs was more fortunate than
several other Atlantians, for some years
later he saw a picture of Lamar, stand
ing by his trotting horse which had
just won a famous race.
GETS INVESTMENT BACK.
With the picture as the basis of his
Investigation. DIR. Jacobs says he plac-
ed his claim against Lamar in the
hands of a New York lawyer friend,
William Cune, and in a short time the
amount of his investment was return
ed.
Many of Lamar's schemes are said to
have been good ones and some of the
companies he organized are still sur
vfving.
Lamar" said one of his Atlanta bus
mess victims, has great business
head on him, but when he was here he
had too many irons In the fire, and in
addition he was often on the inside of
the law by partition as thin as lace
veil"
'David Lamar, said an acquaintance
who was closely associated with the
Wall street Wolf, "came to Atlanta in
1892.
"A handsome man of unusually pleas
ing address he quickly made many
friends. He hadn't been here long when
with Sam Hall, then a social leader, he
started a society paper" 1t went 70
the wall and Hall sued Lamar, but the
case against him was dismissed by JUS
tice of the Peace Landrum, who is now
dead, Lamar turning the tables neatly
on his associate at the time of the trial
insurance company, a part Of whose in
flated stock he sold to II. c. Crosswaite
soon after the sale, Lamar, who was
then living at the corner of Cone and
Fairlie streets in one of the most hand
some and pretentious residences boast
ed by the city at that time, was arrested
on Mr. Crosswiate's complaint
1.-The warrant was served by a de.
tective named Grim. Grim went to the
residence and asked for Lamar, vino
came to the door.
MOST EMBARRASSING.
"He didn't bat an eye, when told OF
the warrant, but said: Captain, this
is most embarrassing just this min
ute sat down at the table with Mrs. La
mar for luncheon-surely you won't
embarras us by taking me before 1 finish
lunch
THE detective was so taken back by
the mans manner that he took a seat on
the front porch and waited for Lamar
to finish his lunch. Lamar then appear
ed and on the walk to police station
stopped by a telegraph office.
"The mans quick insight into human
nature is shown by the fact that, while
the officer was glancing out the window,
he handed a clerk a package of papers
with the request that they be held in
the safe for him.
1.-THE man did hold the papers, al
though he had never seen Lamar before,
until Lamar arranged to have them de-
livered to his wife, very handsome
woman, who was with him during all
of his stay here. Those papers, Lamar
told a friend, would have meant peni-
Tertiary sentence if the police had
found them.
THAT warrant, like the first, was dis
missed, this time without a trial; but
Lamar, soon after his release, left
here.
'The next 1 heard of him was a press
dispatch stating that Mobile was pre-.
pairing for a business boom, as David 3.
Lamar, New York capitalist, had just
purchased the electric railway, street
lighting and several other franchises.
l never heard the end of his Mobile
career
Later his pictures appeared i'm pa