Jasper County Democrat, Volume 17, Number 10, Rensselaer, Jasper County, 9 May 1914 — NOW PURTELLE WANTS $200,000 [ARTICLE]

NOW PURTELLE WANTS $200,000

From Traction Line Promoters Roberts, Love, et al. CONSPIRACY TO DEFRAUD HIM In Suit Filed in Chicago Monday Against Six of His Former Associates, According to Chicago Papers. Eugene Purtelle, he of savory financial reputation and erstwhile electric railroad promoter, well known in and about Rensselaer to the sorrow of several people who at last reports held some of his protested checks, filed suit in Chicago Monday, according to Tuesday’s Chicago Tribune, to recover from six of his former associates >200,000. He also announced his intention of starting receivership proceedings in the federal court in order to procure an accounting. The defendants are Thomas S. Roberts, of Evanston, Burton O. Smith and Attorney Edward N, Sherburne, of Chicago, and Horace J. Wilson, Valentine Zimmerman, Jr., and Addison N. Love of Milwaukee. They are officers' of the LaSalle corporation, the concern that is now promoting the Indiana Northwestern* traction line and the Chicago Heights and Eastern Electric railroad.

Tho Tribune says that Purtelle sold for a big consideration his interest in the Indiana Northwestern and the Chicago Heights enterprises, and alleges that when work was temporarily suspended on the Frank-fort-Tipton line the defendants refused to settle with him for the two roads they purchased. He also asserts at least one of the defendants placed obstacles in the way of his success. In view of the fact that the Mr. Love above mentioned, has filed suit in the federal court at Indianapolis against several Jasper county citizens for >50,000 damages for slanderous J statements alleged to have been made by the latter against his company, aA stated in Wednesday’s Democrat, the filing of this suit by Purtelle is of considerable interest here. Many people over about Remington seem to think that Roberts and his associates will not do anything further toward seepring a Carpenter and Jordan townships in view of the fact that some 361 voters of Carpenter and 80 voters in Jordan have signed their names to a remonstrance to the commissioners asking them not to call another election, and that the whole project is now uead so far as these promoters are concerned. None of H moters are in Rensselaer at this writing anu therefore we are unable to interview them regarding tueir future plans. The petitions filed for the third election in Carpenter and Jordan were continued to the June meeting of the county commissioners, on agreement of parties, as stated in Wednesday’s Democrat.