Jasper County Democrat, Volume 18, Number 29, Rensselaer, Jasper County, 14 July 1915 — To Investigate Alleged Swindle [ARTICLE]

To Investigate Alleged Swindle

* Yesterday’s Lafayette Journal * * contained a “scarehead” first- * * page article regarding the alleg- ♦ *ed sale of worthless stocks to ♦ * Mrs. Elizabeth Stockton, 85 years ♦ * of age, a resident of Shelby town- * * ship, Tippecanoe county, by two * * former residents of Benton coun- * * ty, D. Allen and A. J. O’Connor, * * and that the authorities are now * * on the trail of the alleged stock * * swindlers. * * The O'Connor brothers are al- * * leged to have sold Mrs. Stockton * * 110 sares of absolutely worth- * * less stock in the Historical Feat- * * ure Film Co., and. received from * * her SIO,OOO in bank and insur- * * ance stock that was worth 100 * * cents op the dollar. * * “Daniel'O'Connor was associat- ♦ * ed with O. L. Brown in pro- * * motion of Brown’s proposed in- * * terurban line from Lafayette to * * Kankakee and it was Eg and his ’ * brother A. J. O’Connor who sold ♦ * most of the bonds to farmers in * ♦the vicinity of Round GroVe. ♦ * “puring the summer and fall * * Months they worked north from • ♦Montmorenci and made sales of* * the railroad bonds to Herman * * Christopher, John Raymond, ♦ * Jesse C. Stockton and many oth- ♦ * ers. Later they endeavored to ex- ♦ * change stock in the Tippecanoe ♦ * construction company for the • * bonds which they had sold, stat- * * ing that the stock “was worth ♦ * seven to one over the bonds.” It ♦ ♦is said their efforts in this di-* * rection were not crowned with ♦ * success to any appreciable de- ♦ * gree,” says the Journal. * * •• • * * • ««