Evening Republican, Volume 17, Number 303, Rensselaer, Jasper County, 20 December 1913 — GERRY HAYNES IS NOW UNDER ARREST [ARTICLE]

GERRY HAYNES IS NOW UNDER ARREST

Man Alleged to Have Wrecfleg Columbia Casualty Found in Fashlonablo Chicago Hotel. Lafayette, In<L, Dee. 17—After a pursuit that began in Texas and ended in Chicago, Gerry Haynes, who is said to have been the archconspirator in wrecking the Columbia Casualty company, was arrested in a fashionable hotel in the windy city Tuesday afternoon at 2 o’clock. The arrest was made by L A. Lyons, of Crawfordsville, who was selected by a committee of the defunct company to hunt Haynes down.

Detective Lyons followed Haynes from Texas to Toronto, Canada, and then to Chicago. He was not sure that he had located the man for whom he had looked so long, and communicated with Charles McCabe, who has been directing the search, at Crawfordsville. Mr. McCabe sent Homer Kron, who is acquainted witfl Haynes, to Chicago to point out the fugitive to Detective Lyons. Tfle men found Haynes at the Blackstone hotel and be was placed under arrest. Detective Lyons started at once for Indianapolis with his prisoner and traveled by way so Lafayette. He came down on the milk train Tuesday evening and took Haynes to the Bohemia cate, where they had supped. The officer and his prisoner, who has now gained a national reputation, left at 9 o’clock Tuesday night for Indianapolis, where, Haynes will face indictments for grand larceny and embezzlement, returned by the Maron county grand jury. Haynes is a citizen of Texas and did not have any official connection with the Columbia Casualty Co. He was not an officer and was not employed to sell stock. The part he had in the wrecking of the company was in the purchase and transfer cf some property. A flat building in Indianapolis was bought for $33,000 and was sold to the directors of the company for SBO,OOO. It is alleged that Haynes and his confederates pocketed the difference between the purchase price and the amount for which the property sold and then left the state. ' ■ •„ -

Haynes went to Texas after he left Indiana and is reported to have lived in luxurious style in that state. Edward Tousey, who was under the contract by the company to sell stock and who lived in this city for some time, joined Haynes in Texas. The same charges that now confront Haynes are hanging over Tousey, but he has managed to escape arrest. Tousey and Haynes spent money like, water during their short residence in Texas and attracted a great deal of attention.

The Columbia Casualty Company was thrown ihto the hands of a receiver on the application of Horace Fletcher, of Indianapolis, one of the stockholders, who claimed that the company had not invested in the right kind of securities. One of these Investments was a house that was sold to the company. After the receiver took charge, it was discovered that the books had been falsified and that other offenses had been committed by the men who had conspired to Absorb the money that was paid in by scores of stockholders, not a few of them citizens of Lafayette.