Newcomer Perpetrates Swindle in 1901

(02/16/2002)

Transcribed by Norma Knotts Shaffer from microfilm of the Calhoun Chronicle dated 12/17/1901.

Last Wednesday morning when the word became circulated that L.J. Peters had left for parts unknown, leaving behind a bunch of creditors, quite a little bit of excitement was created.  All kinds of reports were made; some alleging that he had swindled Grantsville parties to the extent of several thousand dollars.  The truth, so far as we have been able to learn it, is about as follows:  Mr. Peters came here last Spring well recommended, and built a livery stable, and after a short while sold a half interest in the same to H.H. Swentzel, Propr. of the Hotel Willard.  Everything went along smoothly until within the past two weeks, when Mr. Peters began to collect all outstanding debts and selling several teams and other livery supplies.  After doing this, and making a bank note of $500.00 to the Calhoun county Bank, with J.P. Swentzel and C.H. Craddock as sureties he left, presumably for Ohio to purchase some draft teams, since then nothing has been heard of him.  Mr. Swintzel followed him as far as Harrisville, where he ascertained that Peters was married and had absconded, and Mr. Swentzel returned home Wednesday night.  Rumor first had it that the deal would ruin Homer, but we feel safe in saying that was the swindle twice as large, he would still balance his account on the right side of the ledger and do business at the old stand.  It is hard enough, though, as it is, as he will lose pretty heavily by the transaction.


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