The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-10-01
FICTITIOUS CORPORATION
SUPPOSED TO HAVE HEAD
QUARTERS IN WILAlA NGT0N.
NABBED BY The Postal AUTHORITIES
A Post-0fTice Department Detective Here Look
ing up the Records. Sec etary Of State
May be Summoned 10 Give
Testimony in Case.

One of the snloothest swimlliny
schemes rmcarthed in many day came
to light here yesterday when Il United
States postal detective, Mr.. Fulton,
called i'm the secretary OF States office to
find if a charter had ever been granted
concern known as the Alaska Klomlyke
Improvement Company, with Il supposed
capital stock Of 100000 and Ifln-
dreds of Claims in the land of Snow AMI
gold, every one of which was an Ell
dorado.
The records DO not show that North
Carolina has ever Gathered The Aiaska-
klondyke Company, and Mr.. Il. III.
Morse, who has been showing off blocks
of beautifully engraved stock in a con-
cern hat hath no "aocal liabitaticn and a
name Will have, or ratr VI has, a warm
controversy with an umfeeling depart
ment that charges him with using the
mails for fraudulent purposes. And while
the department is leisurely Investigating
Mr.. Morse is left in wearying suspense
in the jail in Kansas City.
1t was pretty game was this of Mr..
Morse. His PLAN Of campaign was very
simple, or the plan of the men for whom
he operated. A name was selected, as
above; an engraver was commissioned to
prepare plate fer shares of stock that
should be seemly and good to look upon:
an impressive looking seal was secured
Then the promoters of the Alaska Ion
dyke Improvement Company waited for
some man OF means to die. When he died
his widow shortly received batch OF
stock, duly signed with the name of John
Mitchell, as president, and John Il, Nor
rison, as secretary. The stock had all
ways been bought by the dear departed
who had paid part of the purchase price,
burt left a balance due. The stock was
worth any where from 10S to 150-wouid
the widow pay the balance and accep1
lit! Usually the widow would, and Mr.
3. III. Morse walked fat.
When Inspector Fuller arrived yester.
day morning, though the Secretary of
State was sure no such corporation as
the Alaska Klondyke Improvement Com
pany had been chartered in This State,
the records were searched. No trace
could Oe found. The men in the schem ,
represented that the corporation had It's
headquarters in Wilmington, n C., anil
dlltt dSCtil lutlt WI no
such corporation here as named Mr.. Full
Ter left for Wilmington to see if Jolln
Mitchell, the alleged president, and
john b. Morrison, the alleged secretary,
could be found The postal authorities
already feel sure that they have a clear
case against Morse, but the matter win
be looked into fully.
Mr.. Fuller told Secretary Thompson
that it was probable that either he or one
of the clerks inp the office would be sum-
moned to testify when the ease comes
mp for trial, the object being to show
| THAT there is no such corporation as that
whose name appears on the stock.
When Morse was arrested he protested
that he Thought the corporation was duly
and illegally chartered. He said he had
been acting as its district agent since
| 1893, and supposed the stock was all
right The amount of fraudulent stock
| sold and whether amy haas been sold in
| thiS St.ltn * not knpVn