Evening Republican, Volume 17, Number 116, Rensselaer, Jasper County, 15 May 1913 — ALLEGE FRAUD IN CASUALTY WRECK [ARTICLE]

ALLEGE FRAUD IN CASUALTY WRECK

Stockholders of Defunct Company at Lafayette Demand Money Back From Responsibles.

Stockholders of the defunct Columbia Casualty company of Lafayette held an indignation meeting in that city Wednesday and demanded that they either receive their money back or that they will proceed at once to the prosecution of Edward J. Tousey and Gerry Haynes, who are alleged to be responsible for the wrecking of the company and the defrauding of the stockholders. The receiver for the company is James Bingham, of Indianapolis, who has many evidences of fraud. The two men bought real estate as officials of the company for $33,000 and sold it to the company for SBO,OOO, using the company's funds to make themselves $43,000. Haynes is now in Texas and Tousey can not be lo*cated, and thus the possibility of recovery is small. Dr. M. G. Traugh, formerly of Remington and Goodland, was one of the promoters of the company. He recently left Lafayette and returned to Arizona; .