The Life and Adventures of Ben Hogan, the Wickedest Man in the WorldHogan, Ben (Benedict)
History
The Life and Adventures of Ben Hogan, the Wickedest Man in the World
Hogan, Ben (Benedict)
Hogan, Ben (Benedict), 1841?-
It was in the town of Indiana, at the same time during which the
counterfeiting game was in operation, that there occurred an incident
which serves to illustrate Hogan's readiness to help those in distress.
One of those financial sharks who manage to keep within the letter of the
law and at the same time to swindle everybody who has dealings with them,
held a mortgage on a poor man's house. The hard times had made it
impossible for the man in question to meet the demands of the
mortgage-holder, and the latter had therefore entered a foreclosure. This
left the man homeless, and without a dollar in the world with which to
support his family.
In some way the facts of the case came to Ben's knowledge, and he resolved
to save the unfortunate man's property. With his accustomed shrewdness, he
hit upon a plan which completely outwitted the money-sharper. The mortgage
upon the property amounted, with interest, to three thousand dollars. It
was generally believed that the property at that dull time would not bring
much more than enough to satisfy this claim. Of course it was for the
interest of the holder of the mortgage to get as much for the property as
he could.
Ben had it circulated about the town that he was a real estate dealer
from New York, who had come on to Indiana to buy up all the land that he
could get hold of. His confederate, George, who was with him at that time,
went to the broker who held the mortgage, and told him that this New York
agent would pay any sum for the property which was about to be sold.
George advised the broker to bid against Ben, so as to run the figure up
as high as possible. In his greed to get all that he could, the broker
straightway fell into this trap.
[Illustration: _THE FORECLOSURE SALE IN INDIANA, PA._]
When the day of the sale arrived, a goodly number of people assembled,
some to bid, but more to look on. The broker was on hand early, with
George at his side, who professed to be most loyal to his new friend. Ben,
also, was there, with the man who had given the mortgage. The auctioneer
mounted his box and the sale began.
"What am I offered for this property, gentlemen? You all know what it is
worth, and the circumstances under which it is sold. What do I hear to
start it?"
"Five hundred dollars!" said Ben.
"Five hundred and ten!" said the broker.
"Fifteen hundred!" continued Ben.
The broker was cautious in all his bids, and raised this last amount only
ten dollars.
"Three thousand dollars!" exclaimed Hogan.
"Three thousand and ten!" exclaimed the broker.
"Four thousand!" cried Ben.
At this point the auctioneer had to dwell some time. The broker began to
get a little nervous, but George was on hand to spur him on.
"Why, man alive," said the latter, "don't be a bit afraid; this New Yorker
will give ten thousand dollars rather than not get it. I heard him say so,
myself. Raise him again!"
"Four thousand and ten!" said the broker at last.
Public-domain text, read in full here on John Shaqi.
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