Twenty Years a Detective in the Wickedest City in the WorldWooldridge, Clifton R. (Clifton Rodman)
History
Twenty Years a Detective in the Wickedest City in the World
Wooldridge, Clifton R. (Clifton Rodman)
Crime -- Illinois -- Chicago; Police -- Illinois -- Chicago
I hand you ---- Dollars to be used by you in speculating
for me, according to your TWO-HORSE WIRE plan of Turf
Speculation. You are to play one-fifth of the amount of
capital on each special, placing the money to win and also
for place. You are to mail for me your selections each
day, mailing the same NOT LATER than 1 P. M. You agree to
operate the account, MAKING NO CHARGE until winnings equal
capital invested. After that 20 per cent of all winnings
you are to deduct, and send me the balance by money order,
with statement, each week. I can close my account and
withdraw any balance due me on demand. My liability is
strictly limited to above amount.
THE POLICE, AROUSED BY TURF SWINDLERS, RAID AND CLOSE UP THEIR PLACES.
Detective Wooldridge led the officers on February 23, 1900, when the
following concerns were raided and closed up:
Co-Operative Trust Company, 80 and 84 Adam street.
Turf Investment Company, 84 Adams street.
Inter-Ocean Commission Company, 66 Wabash avenue.
Security Savings Company, Madison street and Fifth avenue.
Investors' Protective Association, 510 Realty Building.
D. W. Moody, 182 and 184 Dearborn street.
The papers, books and "big-dividend" circulars of these concerns
filled several wagons. The police estimated that over $500,000 had
been lost by the investors in these concerns, which, notwithstanding
some of the high-sounding names adopted by them, were all turf
swindlers. Raid after raid has resulted in practically ridding Chicago
of these vampires, but they seem to thrive wherever they are permitted
to exist.
FAKE TURFMEN INDICTED.
Gambling and Bookmaking Charged Against the "Get-Rich-Quick"
Syndicates, Including Bennett's.
True bills were voted against proprietors of "get-rich-quick" turf
concerns by the grand jury. Indictments were returned in court, and
capiases for the arrest of the accused persons placed in the hands of
the sheriff. Those against whom bills were voted are:
Frank E. Stone, alias Eddie Dunne, Security Savings Society, for
bookmaking. W. R. Bennett, Security Savings Society, for bookmaking.
W. I Bennett, Security Savings Society, for bookmaking. D. W. Moody,
Security Savings Society, for bookmaking. Louis Morrison, alias L. M.
Morrison, Co-Operative Trust Company, for bookmaking. Edwin E. Farley,
for keeping a common gaming house and poolroom. Charles Carroll, for
keeping a common gaming house and poolroom. J. W. Turner, alias J. W.
Taylor, for keeping a common gaming house and poolroom. Miss S. Beck,
stenographer for W. R. Bennett, for bookmaking.
Public-domain text, read in full here on John Shaqi.
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