Mitchell Stock Sale Bonafide in Tax Evasion Trial
In New York on May 28 UPI reports counsel for Charles E. Mitchell challenged that his 1930 sale of 8,500 Anaconda shares to W. D. Thornton, financed by a Morgan loan, was a legitimate business transaction. The defense argued the stock was repurchased later with Thornton receiving dividends and a loaned share count, while evidence showed Mitchell repurchased part of the stock and Ryan lent additional shares. The case centers on whether the deal concealed tax liabilities and if there was an agreed repurchase on demand.
MENTIONED IN THIS ARTICLE
New York
Charles E. Mitchell
Mitchell
W. D. Thornton
Max D. Steuer
Walter P. Adams
John D. Ryan
Copper King
Ryan
Thornton
J. P. Morgan & Co
Steuer
Guaranty Trust Company
Cattleman Refuses To Discuss Murder
Eldon Missouri May 26 A 70 year old George Thompson was held in jail awaiting prosecutor action after a coroner's jury found neighbor farmer Charles T Babcoke 62 shot to death The body was found buried behind his barn after disappearance earlier this year Sheriff Lafe King said 17 cattle and the victim's watch were found in Thompsons possession Thompson refused to discuss the case saying he would speak only after he gets a lawyer
MENTIONED IN THIS ARTICLE
Eldon
Moo
George Thompson
Thompson
Charles. T. Babcoke
Babcoke
Lafe King
Pastor's Faith to Be Given Hearing
In Montreat North Carolina on May 26 a complaint about the faith of Rev Hay Watson Smith of Little Rock Arkansas was ordered heard by a Presbyterian Church judicial commission. The Rev J E McJunkin and Rev Algernon Killough filed the charge. The assembly previously heard the case two years ago with no charges sustained. The report, led by Judge Bam Wilson, was adopted without debate.
MENTIONED IN THIS ARTICLE
Bam M. Wilson
Lexington
Relief agencies aid 43 295 families in St Louis area
In the first four months of the year relief agencies spent 2 371 542 assisting 43 295 families and individuals in St Louis City and county. The number of cases rose 449 percent and spending rose 87 percent from the previous year. April saw 36 035 cases and 678 964 dollars spent as activity shifts.
MENTIONED IN THIS ARTICLE
ST. Louis
Citizens’ Committee
Maron
E. G. Stever
Senators Seek Facts On Van Sweringen Deals
Senators probe a web of holdings and mergers tied to the Van Sweringen interests. The inquiry lists a network including Cleveland Interurban, Cleveland & Youngstown, Cleveland Railway, Traction companies, holding outfits, and various rail, freight, and utility concerns.
MENTIONED IN THIS ARTICLE
van Sweringen
Cleveland Interurban Railroad Co
Cleveland & Youngstown Railroad Co
Cleveland Railway Co
Cleveland Traction Terminal Co. Traction Stores Co
Shires and Adair Held on Bond After Fight
Arthur Shires and Jimmy Adair two American Association baseball players were held on $1000 bond each for malicious assault after a knockdown drag out fight at the Deacon home in Louisville. Injuries included a compound leg fracture to Jack Deacon and multiple cuts and bruises to Shires Armstrong Potts and Adair. The scene involved a claimed attempt to steal $125 for Adair and a blackjack used by Deacon according to Shires. Shires is Columbus first baseman, sent by St. Louis Cardinals this spring. Adair is Louisville second baseman.
MENTIONED IN THIS ARTICLE
Louisville
Arthur (the Great) Shires
Jimmy Adair
South Third Street
Stanley Briel
Starck
Jack Deacon
Shires
Adair
City Hospital
Deacon
Robert Armstrong
Carrie Potts
Armstrong
Potts
Columbus
St. Louis Cardinals
Boston Braves
Pecora warns on United Corporation securities probe
Pecora explains examination into United Corporation operations and securities under a Senate inquiry. He notes hundreds of millions in securities issued, 1,000,000 warrants at 27.50, sold to Morgan and company, with stock soon trading higher, raising concerns about benefits to a narrow investor group.
MENTIONED IN THIS ARTICLE
Virginia
Morgan
Cacus
George Howard
United Corporation
Conporation
Pecora
Morgan Company
Mohawk
Hudson Power
United Ffas Improvement Company
Public Service
New Jersey
J. P. Morgan and Company
Howard
Ferdinand Pecora
Harlier
J. P. Morgan Company
Great Banking House
Senate
Counnsel
J. P. Morgan
George Whitney
7. P. Morgan
Glass
Feecora
Michigan
Couzens
Washington
Jelke divorce trial testimony disputed by witnesses
In Newport Rhode Island on May 26 AP reports testing of payments by 5200 dollars said to be made through agents of F F Jelke in a divorce suit. Eugenia Woodward Jelke seeks evidence to support against Mrs Ike Ethle Hartman former operator of a Birmingham Alabama apartment denies involvement. Hartman testified she believed Mrs Effie Wagner Bailey is a close friend and Bailey testified she met Jelke with a man known as the major at Hartman’s apartment.
MENTIONED IN THIS ARTICLE
Newport
F. Frazier Jelke
Eugenia Woodward Jelke
Ike
Ethle Hartman
Birmingham
Ala
Jelke
Sino-Japanese Peace Truce Believed Signed Near Mi Yun
Shanghai reports May 26 that despite censorship and denials a provisional Chinese Japanese truce was signed at Miyun. It provides for a demilitarized zone, Chinese withdrawal to an agreed line, and control against anti Japanese actions. The move signals de facto acceptance of a large Manchukuo sphere.
MENTIONED IN THIS ARTICLE
Shanghai
Miyun
China
Great Wall
Peiping-Mukden
Paiping-Suiyan
Peiping
Tientsin
Nankow
Peiping-Suiyuan
Ninghohsien
Manchuria
Jehol
Chihar
Suigyuan
Showmen's Ball Ends in Free For All in St Louis
A chaotic melee at the Showmen's Ball in the Missouri Hotel injures at least six after 3:30 am. Police detained Cecil Richeson, 26, amid broken furniture and overturned chairs as the scene devolved from an orderly gathering to violence. Nearby reports reference a separate note about a large telescope at Perkin Observatory.
MENTIONED IN THIS ARTICLE
ST. Louis
Missouri Hotel
Toyohara
Saghalein
Maygeland
Cecil Richeson
Alleged Confidence Man Is Extradited
Kansas authorities extradited Millard F. Cheek from Joplin to Bourton County to face a charge of cheating by false pretenses tied to a stock transaction. Governor Guy B. Park honored the requisition, following a Missouri Blue Sky Department cease and desist against Cheek last December for offering Continental Utilities, Inc. stock to Farm & Home Savings and Loan Association.
MENTIONED IN THIS ARTICLE
Kansas
Millard F. Cheek
Joplin
Bourton County
Guy 3 B. Park
Missouri
Blue Sky" Department
Cheek
Continental Utilities, Inc
Farm & Home Savings and Loan Association
Continental Stack
Roosevelts move on gold standard repeal shocks markets
President Roosevelt moves to repeal the gold standard provisions, redefining legal tender and coinage rules. He met with economic deputies and Secretary Woodin, signaling a broad hand in negotiating currency terms with world powers. The action follows earlier shifts away from strict gold parity.
MENTIONED IN THIS ARTICLE
United States
Federal Reserve
Federal Reserve Banks
Federal Reserve Banks and
National Banking Association
Woodin
Washington
Roosevelt
Array of legal talent in Missouri restitution case
In Cole County Circuit Court an array of counsel for Aetna Insurance and 135 companies, led by Robert J. Folonie, argued against Ben C. Hyde’s 1922 fire insurance rate reductions. The state seeks roughly 27 million dollars in ill gotten gains for policy holders. Judge Sevier overruled a jurisdiction challenge as W. C. Martin was examined.
MENTIONED IN THIS ARTICLE
Cole County
Aetna Insurance Co. Et al
Ben ©. Hyde
Missouri
Robert J. Folonie
Chicago
America
William T. Ragland
Missouri Supreme Court
Homer H. Berger
Kansas City
State of Missouri
John T. Barker
Lloyd Jacobs
Gilbert Lamm
Glenn G. Weatherby
Insurance Department
Ben C. Hyde
Judge Rejects Beer Possession Plea In Tulsa Case
Tulsa Oklahoma May 26 AP Municipal Judge Melton refused Glen Redmond of Joplin a plea on charges of possessing 48 bottles of 3.2 beer. He withheld judgment awaiting Oklahoma voters approval on state legality of the brew.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Melton
Glen Redmond
Joplin
Oklahoma
France Must Pay First as Paris Hears Roosevelt Payment
Paris learned exactly when President Roosevelt paid the $19,300,000 war debt interest due last December marking an essential condition for future settlement. Edouard Herriot, France's special envoy for Roosevelt economic talks in Washington, told the Chamber of Deputies during today's debate.
MENTIONED IN THIS ARTICLE
Paris
Roosevelt
Edouard Herriot
France
Washington
Chamber of Deputies
President backs quick move toward gold standard
After talks with foreign representatives, the president and foreign spokesmen pressed for an early return to the gold standard. Secretary Woodin said the aim is not merely to lower the dollar’s gold content. Congress recently empowered the move. Steagall hinted at a secretive measure drafted with urgency, noting its final text was approved today. He refused to explain the rationale or details, directing questions to the president.
MENTIONED IN THIS ARTICLE
Woodin
Congress
Steagall
Gods Show Anger At Exploring Party
London May 26 Up Everest gods angered by man’s attempt to invade their peak send unprecedented bad weather to keep the Ruttledge expedition in base camps. A Darjeeling dispatch reports the party is high on the 29 141 foot mountain as natives blame the weather on the gods. Three expeditions have failed before, with tragic results. The current team faces worsening conditions that may push success beyond reach.
MENTIONED IN THIS ARTICLE
London
Filme
Farmers Seek Aid in Crop Replanting in Missouri
Farmers in Southeast Missouri and Northeast Arkansas, struck by the St. Francis River flood, seek aid from Red Cross and government agencies to replant. Only about 10 percent of affected farmers have seed remaining for replanting across roughly 100 000 acres. Karl Blanchard, head of the federal seed loan office, expects government leniency on loan collection for destroyed crops.
MENTIONED IN THIS ARTICLE
Kennett
St. Francis
Missouri
Arkansas
Red Cross
Karl Blanchard
Federal Seed Loan Office
Washington
Also Mentioned on This Page
Mitchell Stock Sale
Bonafide
Iwal Its
Gov't
BLUES
Kansas Cit
Ick Allen
St. Paul
Geneva Corporation
Virginia Transportation
Chesapeake Corp
Pere Marquette Corp
Aissolven
Pittston Company Fuel Supplies, Inc, U.S. Distributing Corp
F Trucking Corp
Barge Corp
Oris
P. van Sweringen
General Securities Corporatio
Allegheny . (Corporation
Cleveland ‘Terminal Properties Company
Senate Banking and Currency Committee
van Sweringen Brothers
Cleveland
Corporation
Oral Securities Co
Allegheny Corporation
van Sweringens
Cleveland Transportation and Realty
Arthur Shires
Bond
Jjelke
Uminese
Itis
Capita
Chingwangtao
Perkins Observatory
Delaware
Rougevelt
Atge Gage
Ilve Te
England
Waere
Magnesia
West
Horaks Drug
Shtbinsky Bros. Theatres
Mickey Mouse Cartoon
Mickey
W. C. Fields
Paramount News
GEM Foday
Rios
Mary Mason Rosco Ates
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