Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1922-02-22
BISCHOFF LID
TILTED BY LANDIS
Chicago Judge Finds Wizards
Cache; Ties Up Money.
~PoHzI' BLAMES HIS LAWYER
Tries 20 Sniff the Guilt 20 an
Attornsy-Ssys His Failure Came
as Result % Alleged
sDouble Cross"

@N@Aa@
Chicago. Feb. 14.-In addition 10
forcing from Raymond J. Bischon and
his associates the remarkable story OF
how De had started out two years ago
with virtually nothing and ended up
with liabilities estimated az S5.Opo.oo0
judge lands succeeded In locating six
safety-deposit boxes. which may help
solve the question al what became
q the money. The investigation fol-
lowed appointment ~ receiver.
That wasn't all. The judge also
tarrs-f from the financial wizard" the
admission that be was deserter from
the United States army and, finally. he
issued restraining orders preventing
Bisch0f-s relatives. in whose hands he
appears 20 have placed much Of his
business. from disposing q two Hat
buildings. two houses. n farm. four
automobiles and the contents OF the
safety-depoSit boxes
Bischcff Shifts Blame.
BischOtT. himself. under questioning
b. counsel for the Central Trust COM
Iauy. receivers. charged that the fall
ure - his personally conducted con-
Germ. the \. -. OF company II Denver,
Colo. came as the result ~ an alleged
double cr0ss" by Attorney Emil {.
Wvtten. who. he says. was retained as
counsel and chief adviser az 500 a
month. but who withdrew from the
company ut "a critical stage.
Before bringing Mr.. Wegten into the
tangled web Uf the inquiry Bischon.
under questioning by Judge lands,
had admitted that half a dozen of his
.teld agents" Ur solicitors were pres
emf In court. These were ordered
taken into custody aud sworn as wit
ues-es by the iurist.
The examination. which started out
with an attorney questioning BischoG,
quickly turned into a f0ur-cornered af-
fair. with Judge lands shooting ques-
tions nj the twenty-five-year-Old
pluu-er: his blind stepfather. +. ..
Davis. and his mother. Mrs. Davis.
Aruaueufly the old people originally
had been Innocent victims II conf
dence In their sons WONDERFUL IIoney-
making schemes. and had not appre-
clated until now that somebody would
have 60 pay.
Don't you realize that the sealskin
coat yUU are wearing came from the
pockets uf these people out In the
yards districtF- the judge demanded {
Mr.. Davis when she pleaded 60 retain
5000 ~ her own money which. she
said had gone into one 81 the apart
rnput buildings. Don't you realize
that "a least eleven-twelfths Of what
you own was realized by this swim
dleT-
TIE wuunu bowed her head and put
q handkerchief Co her eyeSe.
Il realize 60 now" she said. "rm
sorry. TIM willing 20 de- everything
can 60 help them get q back"
Makes Lawyer Pay Back Fee.
Previously Davis had recovered his
memory sufficiently to recall the exist
ence 81 "a $4,000 emergency fund In
the safety deposit boxes ~ the Univer-
sity state bank. and % recall that last
Saturday be- had visited the Office 81
Attorney james ]. Kelley. counsel for
BiSchoT. and had turned over TO the
latter $500 In Liberty bonds nj the
direction ~ his siepSon. Attorney
Kelley admitted receiving the bonds In
lieu ~ a retainer Zee and agreed re-
iuctautIy 90 turn the securities over TO
Attorney james J. Rosenthal 81 coun-
81 Tor the receiver. after he had been
ndmnuIshed hy Judge lands that the
rcceirt ~ the retainer" had followed
the filing Uf the bankruptcy petition in
the forenoon - February II.
TIE stepfather. who has been blind
Tor years. admitted that Bischoff had
usrsf his name to cover up some of the
assets uF bis money.
Z thought Go was all right" he said.
= had confidence in him.~
"H1ve yuu stIil confdenceT' asked
IuEee lands. EDO you believe. for IN
sfaree--rrfeTrlug Co statement
li~ehaT taI Just made-'that. given
the chance he would pay - cents on
tire dollar lu six morthsgr
-No.- said the blind man. Il don't
think ~ could
Il don't think he could. either. :"
snCrged lands.