The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-09-02

vice-PresldeRt MeGlnrc Explains NE FinaB-
elAl CnDdlfAmn.


csAt Conuhtt@n.
To THS EDITION 6V TRR sUN-Sdr' l notice
In q recent sdItion Of TINE BUN q chicago
despatch saving that a number Of Mexican
companies In which Messrs. Bushmill. Mark
ley and Miller are interested are being invss-
tIgated by the police because Of Allegations
Of fraud. and that the authorities have
formation on the subject. You were kind
enough 70 say that the international Lumber
and Development Company, with headquarters
In this city. has In IT, board Of directors "soLAe
or the most prominent men Of the country"
! am vics-preshdent of that company. and In
the absence Of President Armstrong In Europe
IL 10 my duty 20 give the public through your
Oolumns some Information ~ to the Mexican
comDanlea which. Al Won saw. are directed by
men of DromIrsnSs
TkS ~ - 49, - L.
me nst OF MEXICAN corporations gwen IN
BushmIl. MarkIsy and Miller has many
Inacour.cIsa Ths M.Tic.n pIaDt.1ior Tom.
pany has the same Ohirf officers as the
International LUMBER and Development Com
pany: it is now in lts seventh year Of existence;
It's stock was all sold I'VE years ago. since
when ! nave not known a share Of it to De
SueIeu o. me mareet' enu "s s~eocknoioeIs
investment An dividsnSs aIth"u1h n. De,.
800, Oson Nv 49, .~-n IA
The Mexican Construction and D~ev.Iopment
Company. as given In your Chicago despatch,
"A simply a partpsrrhIp aasoclation orxanixed
,,.d.r ~. -. "a vVy~oJ- - ~. 80 -
an1st me avs o. i1inois ey the men VINO
and they hsve discharged their duty with
nc TS.
., w,ussmnrs = u Lumoel Compsns
q wiaamsport. Pa. Is q close CORPORATION
men :, @, Who nascS Sr % SSs n nroOss.r ,- %mT Mr,
Msrhlsv .stsr h.v,n. .sr, ,bs,r -, .rn.r;
Inspector. 70 examine the timber on Il. Not
q share Of stock has ever been offered to the
public and II the property can be purchased
ron ING o.nsrs ~ wnat tney paid Ior IT,
with interest and expenses adueu. ! can as
sure q very liberal percentage on the pur-
on&se.
Company ia . SUCCESSOR OF the San Pablo
Company, and the International Land and De-
velopment Company. as quoted in the de-
spatqh,, has no existence and evidently is a
multiplication OF the. International Lumber
S sne Ss.n Pp .aSos os%Paa oy.r Ihis company com
years; tcs recelpts for purchase Of stock have
ranged from $50. 200 70 $3.50. 900 q month during
market, ~ "' y" On Tue
believe l may safely say that no large
company has ever been organized, 80 ex-
was this company; Not a dollar Of the money
Paid oy tns stockno'ders has been deceived
Dy tnc pIomoter9 or orRanl1ere OF the COM
pany, and not a single oflcer Of the company
has received one dollar OF the s~tockholders'
money IN payment OF salaries. All OF them
prefer the stock as an Investment and have
made large investments In II beyond their
saiaries
dLvldeno OF per cent. 10 gusrsneeed TO the
Miller Tor the deVslopment Of the property,
by whlcn u theX TAIL 70, odu legitimate
pronte from the products OF the COM
pany 70 pay the per cent. they areIeduired
70 tuTnlsn the dencit themselves. The fact
mar tney receive from the company nearly
every month more thar any Of the fixed
dividends amount % Etyes the best guarantee
OF the dly1dendg. Extra dividends have been
pald curing eocn OF the Two years OF the COM
penys existence. and all have been paid out
OF Iegltlmats pTogEs, while u has 2 large
surplus In tne olyldend account to-day in
cIualng cAsh end Immedlately convertible
oesn esse.S IN the shape OF lumber cut ana
on the matneC;
JONI " MAskley tne mead OF the contract
mk nIm tneL euar Hntees tnese dividenue:
mas oeen engaeso IN tne oeVeiopment OF
ttopicAI 1cxioo curing tne Last DOZEN years
nAs AoquMeu n nDerai fortune ana mas or
ksnIzeo mVL9 snterprises IN mat eection
SnAn ny oshS. msn In we country nave
Usen BE- dssocisteo WIZ ann In tne
49, st1 49,, hno I nSve yet 70 learn OF =
sAnsie Inseance " Snlcn ~ ihvestor mas lost
ntIv "pnsy ~ ~ MexIcAn enterprleeel
nj, mansr' Ia cSsSOSIa1S, Mas FTestnentla,
POsSnIsST anu Novnvy LL1asuLer IN kansas
oelpTS ocamg nte.este 81 Il troplcal MeSlco.
nnu ~ 800 .D DetifvS Ia nc "
Sc 'Nnf