Rensselaer Semi-Weekly Republican, Volume 41, Number 26, Rensselaer, Jasper County, 11 December 1908 — HERE’S A RINGER FOR WARREN SPRINGER. [ARTICLE]
HERE’S A RINGER FOR WARREN SPRINGER.
Chicago Judge Grills Him Severely and in Reversing Decision He Charges Springer With Fraud. Warren Springer, owner of the big Springer ranch near Kniman, was handed a hot one by Justice Adams, of the appellate court in Chicago Monday. Springer is an extensive land owner in this county and is quite well known in Rensselaer. The following account is taken from the Chicago Tribune, which also published Springer’s picture: Justice Adams, of the Appellate court, in an opinion filed yesterday, grilled Warren Springer, a real estate dealer, in reversing judgment in a suit by Gertrude A. Kouechle against Springer for damages. The lower court instructed the jury to find for Springer. Justice Adams, in reviewing the case, said: “The evidence discloses a deliberate, premediated, malicious, and cunningly devised scheme by the defendant, Springer, and his confederates. to defraud, by means of the worthless notes of an insolvent person, unsecured by anything of value, any person whom they could induce to purchase the notes or take them in payment for anything of value, and the plaintiff fell a victim to this scheme. The fraud, beside being proved by the plaintiffs evidence, is impliedly admitted by the defendant’s failure to produce any evidence in contradiction of it.” In 1897 the plaintiff and her husband were living at 4727 St. Lawrence avenue. Each owned a half interest in Council Bluffs (la.) property valued at SIB,OOO and incumbered for $3,500. Mrs. Kouechle also owned 36 acres of farm land at Merrill, Wis., Incumbered for $3,500. Her husband, acting as her agent listed the Wisconsin property for sale with a man named Silver, a real estate broker known to Springer. The latter visited Kouechle and said he would effect a trade for the farm land. Kouechle was to receive $4,000 face value mortgage notes on property at 588 Monroe street in return. The Monroe street property was represented as worth SIOO,OOO and having an annual rental value of $9,000.
Before making the trade Kouechle was introduced to a man who said he represented a Methodist church fund and had $400,000 to loan, and that he was ready to, buy Jhe mortgage notes tor cash from Kouechle. After signing an agreement for the trade Kouechle learned that the notes were without value. He brought suit in Wisconsin and recovered that property, and his wife then filed action in the Superior court to recover damages from Springer. From the evidence offered the court it appears that Kouechle was taken to Silver’s office, where he was introduced to a man named Baddeaux, who said that he was willing to produce a person that would pay cash for the mortgage notes. Baddeaux introduced one McKinnon, who said that he represented "the Methodist church fund” and was willing to buy the notes if Kouechle had them with him. Kouechle hadn’t the notes, but gave John E„ Maginnis, brother-in-law of Springer, a warranty deed for the Wisconsin property.
Kouechle then obtained the mortgage notes and went to Silver to obtain cash for them. Silver referred him to Baddeaux, who referred him to McKinnin. The latter declined to cash the notes on the ground that he had learned they were secured only on the leasehold of the building.
State of Ohio, City of Toledo, Lucas County, 88. Frank J. Cheney makes oath that he is senior partner of the firm of F. J. Cheney & Co., doing business in the City of Toledo,' County and State aforesaid, and that said firm will pay the sum of ONE HUNDRED DOLLARS for each and every case of Catarrh that cannot be cured by the use of Hall's Catarrh Cure. FRANK J. CHENEY, Sworn to before me and subscribed in my presence, this 6th day of December, A. D. 1886. ( (SEAL) A. W. GLEASON. Notary Public. Hall's Catarrh Cure Is taken internally, and acts directly on the blood and mucous surfaces of the system. Send for testimonials free. F. J. CHENEY & CO., Toledo, O. Sold by all Druggists, 75c. Take Hall's Family. Pills for constipation.
