He also dealt in the repudiated bonds of Southern cities and States, which can be purchased for practically nothing almost everywhere.
His principal line of goods, however, was the bonds of companies that he incorporated himself and disposed of at cut rates to a clientele all his own.

These companies all bore impressive names, such as Tennessee Gas, Heat, and Power Company, the Mercedes-Panard- Charon Motor Vehicle Supply Company, the Nevada Coal, Coke, Iron, and Bi-product Company, the Chicago Banking and Securities Company, the Southern Georgia Land and Fruit Company, and so on.

He had an impressive office in a marble-fronted building on Wall Street, doors covered with green baize inside and gold lettering outside, and he wore a tall hat and patent-leather shoes.

He also had a force of several young lady stenographers and clerks, who acted as the officers and directors of his various concerns, all of which were legally incorporated under the laws of West Virginia and New Jersey.

His clients were the gilt-edged "con" men of Wall and Nassau Streets, who, when they needed them, could purchase a couple of hundred engraved one-thousand-dollar bonds of imposing appearance, in a real corporation, for a few hundred dollars in cash.
Our client did not act as an officer of these himself, but merely took a power of attorney from the president, secretary, and treasurer, authorizing him to sign their names to these bond issues.