Co-Operative Trust Co., L. M. Morrison, Chicago 150,000 Edward L. Farley & Co., Chicago 75,000 Inter-Ocean Commission Co., J. T. Mitchell, Chicago 75,000 Hugo Morris & Co., Chicago 50,000 Al Fetzer & Co., Co-Operative Turf Pools, Hammond, Ind. 500,000 Co-Operative Investment Association, L. H. Myers, New York 150,000 American Stock Co., W. M. Nichols, New York 100,000 Mutual Security Co., C. Dudrey, New York 100,000 Henshall, Bronner & Co., New York 75,000 W. W. O'Hara & Co., Cincinnati 50,000 Crawford & Co., New York 35,000 Paul Pry's Investments 70,000 The Belt Company, N. S. Goodsill, Hammond, Ind. 150,000 Drake, Allison & Co., Hammond, Ind. 175,000 McClellan & Co., John McClellan and John Murphy, proprietors, New Orleans, absconded 50,000 New York Co-Operative Company, New York 20,000 W. J. Keating Company, New York 20,000 The Fidelity Trust, Wm. J. Young, San Francisco 25,000 C. E. Cooper & Co., Cincinnati 15,000 C. E. Cooper & Co., Covington, Ky. 10,000 C. E. Collins & Co., George D. Jones and Charles Thompson, New York 30,000 ------------ Total $10,162,000 GIGANTIC TURF SWINDLE. Among the first of the get-rich-quick schemes into which the public poured millions was the "turf investment" concern. The "literature" of probably no other class of swindle was so plausible as this. The promise was to pay 5 and in some cases 10 per cent on the investment each week. The method by which the promise was to be fulfilled was this: The money invested was to be placed in a pool and used as capital in playing the races. A standard bet of a certain amount was to be made. If this wager was lost, enough money out of the pool was to be bet on the horse picked by the managers of the concern in the next race, to recoup the loss on the first race, win the amount set out to win on the first race, together with a like amount on the second race. If this wager was lost, the process was to be repeated on the next race, and so on until a wager was won. Each time there was a winning, a large enough sum would have been bet to recoup all losses on previous races and win a fixed amount on each of the races played. Some concerns claimed to play the favorite horses in the betting, others the second choices to win and others to bet according to "inside information" derived from horse owners and jockeys.