New-York tribune., 1922-02-16
$4,000 Lost
BY Victim of
Stock Fraud
Continual from page cne)

figure 6 "'s"
The next day Mr.. Gardiner appeared
at 1ne once with his stock. There was
nothing to arouse his SUSPICION he
SAID, that he was being lurcd into a
trap. ihe office, consisting Of two
rooms, mad every appearance Of being
mat OF prosperous brokerage cstab
hshment. The furniture was new and
expensive In one conner stock ticker
poured out its tape. Three girls were
busy at ,typewrtcrs. Messenger boys
came and went. and "Salcsmcn" hustled
about talking in the phraseology Of
the street. Through window bearing
the gilt sign. ''cashicr," Mr. Gardiner
saw spectacled young man tapping
an adding machine as he turned over a
pile of checks
Stranger Enters Into Deal
Mr.. Gardiner was greeted eTusivcly
by bland youth. who identified him
self as the telephone caller of the pre-
vlous day. He was taken into al inner
room and introduced to "the head Of
the firm Mr.. Gardincr was informed
that he could trade in his oil stock for
Federal Adding Machine. which "thc
head of the firm said was selling at
$40 and going up big. After many as
81 e'h>tN tut HullIlOlldllC lcll nlS OIL
securities and said he would call again
/ the following day.
AS he passed through the outer hall
way Mr.. Gardiner ran plump into
smiling man he had never seen before.
/ The man slapped him on the shoul-
der. gushing: "W ell, well. Mr. Gardi-
ner; how arc you? Haven't seen YOU
since was a neighbor Of yours in
Eighty second Street. What are you
doing down here?'
Although he did not recognize the
stranger, Mr. Gardiner said he was
doing some business with Franklin
Taylor & Co. in Federal Adding Ma
chine.
"Franklin, Taylor e. co.." exclaimed
the new-found ncighbor. "Why, that's
the best firm in the street. but don't
know about Federal Adding Machine
! Come back with me"
Mr.. Gardiner returned to the Office
with the stranger, who Immediately ad-
dressed pompous individual new
figure in the deal
What do you mean, Taylor" shouted
the stranger hotly, "trying to sell this
stuff to my friend 90
"Mr. Taylor" apoloeized. on fire
that salesman" he said in an angry
voice referring to the head of the fl rm.
"Les ne stralshten this thing. out"
q
few minutes. he said, he had given his
check for $25,0O0 for 500 shares of
! United Whistle Bottlng to be forth
coming tho next day.
When Mr.. Gardiner called at the Of
/ fee the following day he was informed
that purchaser had been found for
900 shares of United Whistle Bottlinc
at S57 share.
"You better take another 500" said
I.lI- -lO1-
the telephone at Greenwich, Conn., and
confirm it."
A call was put in for Greenwich and
presently the partner came on the wire.
Mr.. Gardiner now believes the partner
was in the other room.
Customer Scents Danger
That's Q X said the voice. "Ill
send the check tomorrow"
And SO on the following day Mr..
Gardiner came again to the Office In
the office he met his stranger neigh
bor
II tore up the check" said the
stranger "Why, this stock is now
selling at SOL
"Yes, that's right" said Taylor.
"We've got another offer at this figure.
but it is for 400 shares. You'd better
come in"
Mr.. Gardiner says he then turned
over checks. amounting in all to
$4,000. for the additional 500 block
and two blocks of 200 shares each.
Before going to the Office day later
to get his check for the turn over Mr.
Gardiner called on his attorney. who
Immediately scented that something
was wrong.
Together, according to the story told
the District Attorney, they went to the
office. Mr.. Gardiner received a check
Tor the amount of the sale at So1
share.
Firm Suddenly Departs
a; the bank Mr. Gardiner and his at
torncy were Informed that Franklin |
Taylor & Co. had no account, but that
an Evans" who signed checks for
the firm, had about $500 on deposit. |
They hastencd back to the Office and !
found it closed. For several DAYS de- |
tectives have been waiting at the Office
for the members of Franklin, Taylor & /
co. and their staff to show up. but !
none has come near the place
"Thcy folded their tents and de-
parted a week ago." was all that could
be learned about Franklin, Taylor
Co. at CT Exchange Place Yesterday
Miniter and Stanley, the brokers ar
rested yesterday, were indicted on the
of Joseph Kaiser, chemical
of Newark. Kaiser al
legged he was fleeced out Of $500 in
Liberty bonds and $500 in cash
The cases in which indictments were
yesterday included the com
plants Of two men, who alleged they
were swindled out of about $4,000
each, and of woman, who alleged she
lost $4,000.
Greenburg, who was convicted by
jury before Judge Rosalsky, was ac-
cused by Murray Goldman, a merchant.
Of 658 Broadway, Of having swindled
him of 1928 in a deal in Emnire Run