The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-08-11

pah Securities Company. Well, il wasn't
Formed especially TO indorse the stock
Of the Tonopah- National Gold Mining
Company. Ii will indorse anybody's stock
If it's good. Tonopah National Is good.
That's why the Tonopah Securities Com
pany indOrses it.
DO you know William II. Coe?"
Yes"
He is selling Gold Mountain Tonopah
stock, isn't he?'
Il guess he would sell anything said
Mr.. Holden.
well, the Tonopah Securities Company
indorses his stock, too, doesn't it?"
II don't know. Does III"
at is SO advertised.
We'll" said Mr.. Holden, maybe il
does"
William II. and A. D. Coe have an Office
in the Atlantic building, room 1872. The
Atlantic building ia on the corner of
Wall and William streets. The front en-
trance is 81 Wall street. The rear entrance
entrance to 81 Wall street" If this
rear entrance had William street adj
dress, it would be 81 and &c. but it has
no such address, and hence there are no
such numbers as 81 and 80 William street.
The Gold Mountain Tonopah Mining Co,
the Tonopah Securities Company" adj
vertises its address as 81 William street, and
mail so addressed goes to room 1872, At
lantic building. The following advertise
ment has lately been appearing;
FREE 900 boxes gold ore from Tonopah mines;
GOLD ORE, room 1872 30 william street
You are not doing anything in oil stocks
now, are you?" Mr.. Holden was asked.
No." he said Il have gone in for
mining I'm busy on this Tonopah bust
ness, l think SC, well Of the property I'm
now exploiting that III develop it myself
II can't raise enough money to do It sell
ing stock"
Mr.. Holden first attracted attention
here as promoter Of oil stocks. He
brought out the Sand Fork o IL and Gas
Company, the Sand Fork Petroleum Com
pany, the Sand Fork Extension Oil Com
pany, the Standard Petroleum Company
and some others
Il can show you by the books" he said
that these stocks paid dividends when
we put them out
On Oct 49, 1901, when f. r. Holden &
Co. We're floating oil stocks, there appeare d
in the Sand Fork Extension Oil Company =
advertising matter what purported to he
a facsimile letter from the Rev Joseph
B. Keegan, rector of St Mary's Church at
! Crown, Clarion county, Pa, saying that
on the advice of Joseph Seep, purchasing
agent of the Standard Oil Company. he
keegan, enclosed check for 500 for 200
shares of Sand Fork Extension Oh stock
There also appeared on that same date
the following personal statement from
Mr. Seep
There is absolutely not word Of truth
in what the Rev Joseph b. Keegan says in
his letter to f. II. Holden h Co. about the
sand Fork Extension Oil Company, or any
other. | have never had any conversation
with this man Keegan about the Sand Fork
Petroleum Company. the sand Fork EXten-
sion company, or any other company.
, Ng,,.ly E'N,t., aiS fpTT,-
pany's stock was being sold dividends at
the rate of ~ per cent. month were prom
ised. Several were paid, but dividends
have been long since discontinued. Mr.
Holden says all of his oil companies We're
swallowed up in the National CONSOLIDATED
Oil Company, formed by "a man named
Russell out in Ohio" The reason no divi-
dendS are now being paid, he says, is that
The money is needed to develop the proper
ties. I.e is very haZy about these old oilpro-
motions, being so much preoccupied with
the Tonopah National Gold Mining Com
panv