Soapy Smith gambling house. Legend has it that above the entrance of the stairway leading upstairs to the gambling games was a sign that read "caveat emptor", Latin for "let the buyer beware". Smith's younger brother, Bascomb Smith, joined the gang and operated a cigar store that was a front for dishonest poker games and other swindles, operating in one of the back rooms. Other operations included fraudulent lottery shops, a "sure-thing" stock exchange, fake watch and bogus diamond auctions, and the sale of stocks in nonexistent businesses. Because of bribes, some of the police officers patrolling the streets would not arrest
Caveat (horse) Caveat (horse) Caveat (March, 16 1980 – February, 1995) was an American Thoroughbred racehorse. Bred in Maryland) by Ryehill Farm, he was sired by Kentucky Derby winner Cannonade out of The Axe II mare Cold Hearted. To date, Caveat is one of eleven Maryland-bred colts to win a Triple Crown race. Caveat was owned by the partnership of August Belmont IV, Robert Kirkham, and his breeder, James P. Ryan. He was conditioned for racing by U.S. Racing Hall of Fame trainer Woody Stephens. As a two-year-old, Caveat placed second in the Grade II Lane's End Breeders' Futurity Stakes with Eddie