Another "Welching" Case Comes to Light, Daily Racing Form, 1917-08-12

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ANOTHER "WELCHING" CASE. COMES TO LIGHT By Ed ColeO Saratoga, N. Y.j August 11. One ; of the biggest welching cases, or, speaking in a milder term, "long-time payment men," has come to light at Saratoga, though the transactions took place at Empire City. A much-advertised Wall street man who, a few years ago, was a skyrocket speculator and adviser on the turf and in the money market, returned,. to., the turf :. and bet thpusands. For . a time he made good, but when the blowoff was in sight he manipulated so that lie received two or three days grace. When the day arrived for" settling, the layers cqmpared accounts and, to the surprise of the group, it was discovered the gentleman had made a 00,000 ten-strike. This, is naturally split UP among a host of the clan. .Some claim tlie deficit Is nearer 30,000, but it is enough. A few have confidence that he will make good some day, but there are .others who wpuld willingly take fifty per cent and transfer fbp actfUtiitvjilhp defaulter is the same manwhp Georgei Boles, onee said could be left stranded on the desert of Arizona with only a pair of overalls at six oclock in the morning and at night he would be talking to the Indians in ,Beau Brummell attire or decked out in a full dress suit and a diamond studded fob.


Persistent Link: https://drf.uky.edu/catalog/1910s/drf1917081201/drf1917081201_2_11
Local Identifier: drf1917081201_2_11
Library of Congress Record: https://lccn.loc.gov/unk82075800