Norfleet: the actual experiences of a Texas rancher's 30,000-mile transcontinental chase after five confidence men. Page: 26 of 369
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son, Pete, went on to Plainview in an automobile. I was
to follow on the afternoon train.
On his way to Plainview Spencer told my son for
a certainty that he would purchase our stock farm.
Upon my reaching Plainview I went to the bank ana
borrowed twenty thousand dollars, picked up Spencer,
and we left that night for Dallas. As we boarded the
train, I again saw Ward getting into one of the coaches.
He rode in the same Pullman car with us. When Dallas
was reached, Spencer and I went to the Cadillac Hotel.
Early the next morning I received a long distance
call from Stetson, advising me that he had been transferred
to Fort Worth to operate on the Exchange there;
that all of our money, business, etc., had been moved to
that point. He asked tllat Spencer and I come to Fort
Worth and meet him at the Terminal Hotel.
As agreed we went to Fort Worth and met Stetson,
who explained that he could not get rooms for us at
the Terminal. He then called a taxi, directing the driver
to take us to the W\estbrook Hotel. Due to the oil boom,
we were compelled to wait almost the entire day before
we could get accommodations there.
That evening Stetson took us to the Cotton Exchange.
"\Ve will operate here tomorrow," he said.
The next morning we went to the Terminal Hotel
to see Stetson. As usual he was deciphering code
messages. He would often give stock quotations before
they were printed in the daily papers, and without a
single exception, lie always quoted them right, thereby
convincing me that he had advance information.
He advised us his Company had instructed him to
sell "Mexican Petroleum" that day at a 2-point margin.
Spencer took the money we had raised together with
the due bill for sixty-eight thousand dollars and a margin
slip Stetson wrote out to sell Mexican Petroleum at
2-point margin, and left for the Stock Exchange.
A little later Spencer returned to the room, his face
Here’s what’s next.
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Norfleet, J. Frank, 1864-. Norfleet: the actual experiences of a Texas rancher's 30,000-mile transcontinental chase after five confidence men., book, 1924; Ft. Worth, Texas. (texashistory.unt.edu/ark:/67531/metapth5864/m1/26/: accessed August 22, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .