The Washington times., 1907-10-23
HUNDRED INVESTED
IN MINING SCHEME.
DAVIS IS MISSING
Official of Concern Can
not Be Found-Re-
ceiver in Charge.

An Investigation into the affairs OF
the Capuzaya Mining Company. whose
vice president Eugene Davis, anc
treasurer, Edward Z. Bryan, were N
dicted yesterday on a charge OF EN-
bezzlement. indicates that the records
viii show a hundred or more Washing
tonians have invested IN the project,
and that their funds have been sQuan-
dered. 4 NeH-known official OF the Dis
trict states that 1t is generally known
that the company had disposed OF
large quantity Of stock in Washington
Following the indictment yesterday,
all Efforts of the 0IarshaPs Office 10 To-
cate Davis have been in vain. and today
his whereabouts is still unknown to the
District Attorney. Bryan, who was ar
rested at the Office OF the company, OH
Colorado building, gave bond last night
in the sum OF $3.50. Nathaniel NJ. Am
bTcse furnishing the security.
Following the arrest, Attorney John
Z Iaskev was appointed receiver for
the company by Justice Gould on petit
tion Of District Attorney Baker 10 this
eject. Mr.. Laskey took charge OF the
bCCKS and papers OF the company this
morning and by noon had force OF
clerks engaged in examining the records
TO unearth the alleged frauds
Specific Charges.
one Of the counts in the indictments
against Bryan and Davis charges them
with embezzling a check for $500. dated
November p, 1904, signed by Clarence
D. Nourse. and made 10 Bryan as
treasurer, being the property Of the
mining company. Similar embezzle-
ments are charged as TO checks Tor
Se.jUO dated November e, 1896, and one
fog 5000. ali OF which money it IS
alleged the defendants appropriated 10
their own use. The fourth count o.
the Indictment charges that the addi-
tiOnal sum of SgO.OOO, belonging TO var
ioUs stockholders, has been emuezzled.
Bryan is also accused Of false pre-
tenseS in that he obtained 500 from
William 7. Redman, IN November, 1904
on the representation that the company
owned valuable mines in Mexico which
were paid for. The false pretense charge
against Davis is that, in October, 1894
he obtained $500 from Redman on sim
liar representations.
Hundred Washingtonians Involved.
Mr.. Laskey said that it was his under
standing that thAre were possibly a hun
dred or more Washington investors who
had put money into the scheme. The
total number OF shareholders is given
at 700 II is asserted in the petition filed
by District. Attorney Baker, asking for
the appointment of a receiver and an an
nulment OF the company's charter. that
Davis and Bryan have sold far in ex-
cess Of the capital stock of the company
and have not made an accounting OF the
proceeds.
Several stockholders. of the company.
appeared before the grand jury yester-
gay, and II was upon their testimony
that the indictments were returned bur
IL Is tie intention Of the District At
Iorney TO have in readiness a large num-
Der Of witnesses when the cases are
called for trial. who will tell of various
subscriptions made to the stock.
Declares Bryan Innocent.
Attorney Henry E. Davis. employed
by Bryan Immediately after his arrest.
said this morning:
Just at this time there IS nothing
we can say, except that these charges
are anfounded and viii be refuted at
the proper time am personally
familiar with the aIafrs of the com
papy' and my clients viii prove their
innocence when brought TO trial-that
IS, If they are ever brought 20 trial.
II was said at the offices Of the com
pany that Vice President Davis had
peen IN Washington as late as Satur-
Awell-known citizen Of the District.
VINO Is familiar with the location of the
Cdpuzaya property, but who is not in
IeIested II the project, said:
Thinks Property Valuable.
4 have seen the Capuzaya mine. and
there IS no doubt in my mind that had
the affairs Of the company been prop
erly managed the property would be
paying well. and the stockhoIders re-
ceivlng dividends. 1t is located near
the Alvatdo mine. noted as being one Of
the richest in Mexico, and I am salts
hed, from q personal inspection. that
the property Is a good one. / under
stand lhat there are several hundred
subscribers TO the stock in washington,
VINO have not received anything on their
investment. simply on account of a NAL
fairs"
District Attorney Baker in his petit