The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-07-06
EX,MAJOR HYLLESTED AGAIN
FORMER SALVATIONTST rs STILL
PEDDLING MINING STOCK.
Literature in italian ana Croatian Which
Reads Mighty We'll; In Fact Better Than
the Major TaIks-Ils Pal. Ex-t'Ol.
Brewer. some uhkins I'm G:oldneid Now

Brewer, some Puhkins IN :oIdneid Now
The American Investment Company,
with office room in the Vanderbilt Building.
1872 Nassau street. is one of the newest COM
panies To sit into the mining stock game
and take "a bunch of chips, In this case
il happens that while the company ia new.
the head Of il has been heard from before.
He il Carl Christian Hyllested. who was an
officer of the Salvation Army and assistant
editor of the War Cry until he was elected
by order of Gen. William Booth. along with
Col. William J. Brewer, in charge OF all the
Salvation Army publications. and two other
army officers for selling questionable min
ing stock to their brother and sister officers
in The army.
Hynested's company, which is not to
he confused with another company OF the
same name. il entitled TO credit for giving
some of our naturalized citizens a Chance
TO get rich along with native born Amer
leans who have been hoRging most of the
opportunities up TO the present time. Lit
erature of the Bullfrog Columbia Mining
Company is being sent out in Italian and
Croatian and the optimistic words Of Mr..
Hyllested. who said he wrote the literature
originally in English. seem to lose little Of
tDt9I ~ Wntl uob' v INV anu VI
Croati8n.
A few words Of introduction may he necee-
sary for those who haven heard before Of
Mr.. Hyllested or his friend ex-Col. William
J. Brewer Along in 1902 Commander
Booth Tucker. then head Of the Salvation
Army in this country. had published this
statement concerning them:
My attention has been called TO the fact
shat 90 narannS xxhn bu Va hppu fnrmprlV
connected with the salvation Army. namely.
William J. Brewer. Carl Hyllested, W. Halpin
and W. Winchell. are carrying on business
under the name of the Albert W. Han Com
pany. They have dealt from time to time
in the following stocks. international Zinc
Company, Great Republic Gold Mining Com
pany and Consolidated oil Lands. and have
sought To persuade Salvationists and Others
20 purchase the same. promising large profits
and dividends.
desire to say that these ransactions have
our utmost disa pproval. and that. as nearly
as We can learn. they are an absolute i'm
position upon the purchasers.
inasmuch As these persons appear to he
trading on the credulity of members Of the
salvation Army, IA king advantage OF their
former credit and certificates VIII en- they were
in good standing with ~. | have felt IL my
duty to warn all concerned against them and 90
state that they have been compelled to sever
their relations WIN tne SdlNdllOn ARMY VI
are in no way associated with us.
The founder and principal member of the
firm, William J. Brewer. began his operations
about eighteen months ago, and was at first
assisted by william Halpin. They were at
that time officers in the salvation Army and
carried on their stock schemes secretly and
unknown to their headquarters. The moment
the discovery was made they were summa rily
dealt with and told that they would be dis
missed Immediately unless they abandoned
these ira nsH Ctions and gave their word OF
honor never to renew them.
To this they agreed. and these pledges we're
violated after all possible persuasion and for
bearance had been exercised in their behalf.
Albert T.. Han. who was formerly a PR inter-.
employed in the publishing house Of the
salvation Army eadquarterS, il only Il
dummy or ngurehead in the firm.
IL was said at the time that Brewe had
organized the Albert +. Hall company
nearly a year previous and that ms con-
nectiOn with the company was discovered
through a telephone message which Com
mander Booth Tucker overheard. The
commander then got Brewers pledge hat
he would quit the get rich quick business,
hut the literature OF the Albert r. Hall
comIsany still continued TO he sent out
broadcast. Just about that time one of
the headquarters officers reported that
Brewer had got 81 900 from him for in
vestment and had refused to return it
on demand WHICH nHu Detn pTOtnlhtu
when the deal was made.
Commander Booth Tucker compelled
Brewer to refund this money and to give
up all his profits, as well as "A house in Boston
purchased out of the proceeds. by way OF
restitution TO other army officers. Brewer
then bought back a lot of stock from the
Salvation Army officers. but not to their
profit. 1t wasn't long after that that In
ternational Zinc went ot smash, while the
Great Republic Gold Mining Company never
natA ANY, liutnnnHR
The Albert f.. Hall company also sold
stock of the Ollala Copper Mining and
Smelling Company, which was not sue
cessful, even though the services OF Brewer
were finally dispensed with
After Brewer had been fired from the
Salvation Army and didn't have to devote
any more time to getting out the Wdr Crp
he thought up the Provident Home Build
ing Society. and made himself president
and Hyllested secretary. This company
soon vent into liquidation, after which
Brewer removed from 5 Beekman street
TO AZ Maiden Lane, where he organized a
brokerage firm called William j.. Brewer,
again making himself president and
Hyliested secretary. Hall had quarters
in Brewers office, and offered stock of the
Royal Gold Mining and Milling Company.
Of which Brewer was president and Carl
Christian Hyllested secretary. This com
pany ia now dead.
The William j. Brewer Company had
offices on the tenth floor of the building at
47-4e Maiden lane. On the floor directly
below is the Office Of the Union Watch
Company. which does a mail order business.
The head Of IL In Domenick Melillo. The
newly organized American Investment
Company was registered with the County
Clerk as the business name for Christian
Hyllested and Domenick Melillo, and was
later Incorporated with an authorized
capital stock of $40. 600. with Hyllested,
Melillo and Joseph II. Palmer as directors.
There il nothing 10 indicate that Brewer
has anything to do with this company,
although he still has an Office at ~ Maiden
Lane.
For PERSONS who can't read the LATHAM
or Croatian prospectus OF the Bullfrog-
Columbia Mining Company Mr.. Hylleeted
has provided one in English. which says
that the company vas Incorporated under
the South Dakota laws with 1900 900 OF
par value 81 shares. There IL said to he
81. 500 In The treasury after paying for the
property. which IL alleged to cover 100
acres on the outskirts OF the rich Builfrog.
New. district. II says hat there are no
shares Of promotion stock and tina no.
body gets any commission for selling
stock.
A translation of some of Hyllested's
-A,~oul l., I.ola.~ aIN,,s Ia..,,- n,nR---