How Fake Oil Promoters Counted Investors Into Loss
A 1923 NEA Service article explains crooked oil promoters in Texas Oklahoma and Arkansas used deceptive ads and sham promises to sell stock. They hid profits by draining drilling funds and funding personal uses while promising large dividends and hiding nonproducing wells.
MENTIONED IN THIS ARTICLE
Roy J. Gibbons
T. Worth
Tex
Yuem
Texas
Arkansas
Oklahoma
Ponajde
Hia Onvne
Guy
Sin
Methods Used STOCKHOLDERS PROTEC
A distorted scheme operates without legal authority. An association pretends to protect investors by sending notices to firms' investors about unsound concerns and charges fees. It conducts a yearlong wait then mails a generic report, yielding profits from mailing costs and inflated margins.
MENTIONED IN THIS ARTICLE
Tle “Association
Association
President Coolidge eyes brief message on taxation relief and rail reforms
Washington May 24 President Coolidge plans a concise congress message with concrete recommendations on taxation agricultural relief and transportation. He has nearly finished drafting with input from many but will send a brief document to press early next week.
MENTIONED IN THIS ARTICLE
Washington
Coolidge
Congress
White House
Cummins
Senate Interstate Commerce Committee
Senator Cumming
Musele
United States
Vies
Presitone
Madden
Minoiss
Warrier River
Aliabama
Gorgas
Alabama Power Company
Coolidge weighs Muscle Shoals nitrate options and shipping laws
President Coolidge favored securing a reliable nitrate supply and supported extending experimentation with either government or private operation. He also considered extending coastwise shipping laws to the Philippines inadvisable at the moment.
MENTIONED IN THIS ARTICLE
Coolidge
Muscle Shoals
United States
Hard boiled public man must stay say Dr Sawyer
Washington Nov 24 Brigadier General Charles E Sawyer personal physician to President Harding and key figure in the veterans bureau investigation told the Southern Homeopathic Medical Association convention that a public figure must be hard boiled to survive in public life. He said it is safer not to talk and noted he has never figured in a newspaper controversy, which required moral courage. He added he stands for a principle and honest convictions despite attacks.
MENTIONED IN THIS ARTICLE
Sawyer
Washington
Ufe
Charles E. Sawyer
Harding
Veterans’ Bureau
Southern Homeopathic Medical Association
Man on trial dies in Austrian court during cross examination
In Bregenz Austria on November 24 a man on trial for murdering his wife cried out may Almighty God punish me with instant death and collapsed. He died before doctors arrived and was later certified to have died of heart failure during the heated cross examination.
MENTIONED IN THIS ARTICLE
Bregenz
Austria
Woman accused of poisoning beer in Denver case
Pittsburgh dispatch reports T F Sullivan, a Washington secret service man, dying after allegedly drinking beer poisoned with strychnine. He claimed a Denver woman and a companion lured him to a cabaret to obtain information. A postcard addressed to the U S secret service chief was found among his effects.
MENTIONED IN THIS ARTICLE
Pittsburgh
T. F. Sullivan
Washington, D. C
Sullivan
Denver
United States Secret Service
Wil
E. Z. L. Nyom
EL. P. Collir
Toledo
Ohio
Bancroft to Manage Player Next Spring in First Boston Playing Lead
When Dave Bancroft takes over the Player next spring it will be the first time in several years that either of the Boston major league clubs has had a playing manager.
MENTIONED IN THIS ARTICLE
Dave Bancroft
Officers Ambushed in Kentucky Mountains Fatalities and Wounding
In Knox county Kentucky on Stinking Creek two officers, Janter Charles West and Deputy Sheriff Foster Messer, were killed and Deputy Daniel Allen was seriously wounded when an ambush opened fire as they approached Tete Bailes' home to serve a warrant. Bailey reportedly escaped.
MENTIONED IN THIS ARTICLE
Kentucky
Harboursville
Janter Charles West
Foster Messer
Daniel Allen
Stinking Creek
Knox County
Fintlick
Tete Bailes
Baileys Home
West
Messer
Aller
Also Mentioned on This Page
Rivers of
Ceacups of
Oif
NEA Service, Inc
Lexpect
Tive Association
Secret Service
TOE Army
Frederick
Narcissus
Freesias
Greenawalt’s
Poplar Terrace
Harry Ray
Baughman’s
Ray
Mary Gambrill
Chicago
City
W.N. Jolliffe
West Church Street
Maryland
WM. E. Darner
Modern Pharmacy
N. Market St
Square Corner
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