Salt Lake Herald | 1893-07-16 | Page 1 | Building Associations Alarmed

UCIIA > ING ASSOCIATIONS ALA hillED 1 Tae Secretary of Six St Louis Socictic Has Disappeared ST Louis July 15The stockholders J of sir building and loan associations known as the Western Union Nunbers 1 f to 6 with a capital of f 600000 each are alarmed It has been discovered that T JEJogard secretary of all of them and one I of the largest real estate dealers in the i city has given warranty deeds for all his property tt a money lender who exact I high rates and has disappeared The stockholders have taken possession his books but they are sg complicated that 1 it will be impossible to unravel them forT for-T a long time His bond is only 15000 I Further investigation of the books of I the six associations show developments J still less unfavorable to the stock herders and 10 the good reputation of Bogard 1 The trustees are very reticent but it is learned that several instances ofprgery and embezzlement were found