The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1907-04-11
OIL TRUST HATE
TURNED TO CASH
ARREST PROMOTER FOR FORM.
ING $5o,ooo,ooo OIL COMPANY
ON NOTHING.
DUpES IN Every STATE
Who Eagerly Bought Stock In the
Uncle Sam Concern of Kansas
Made $t,2oo,ooo, Say Fed.
eral Officers.

| Kansas City, Mo-, April 10.-H. II
Tucker. Jr., secretary and promoter O
the Uncle Sam Oil company of Kan
sas City, Kas., and Cherryvale, was
arrested here last night by United
/ States marshal on three counts, charg
ing him with using the mails to de-
| fraud.
II. j. Jones, United States District
Attorney, says the investigation of the
federal authorities shows that Tucker
sold 81 200 worth Of stock leash
lvalue) to each of about 10000 per.
sons flcm New York TO California
through extensive newspap rs adyer
| It's ng III which he misreprcsented con
ditions
Tucker in q statement says the
prosecution is instlgated by the Stand.
ard Oil company because he was an
independent retner. He says the
money received from stockholders was
expended in betts ring the properties
If the company. fuckers bond was
fixed at $4,000 by Judge Polloela in
Topeka today
Forms $5o,0oo,ooo Company.
With James IngersolI, J. III, Richie
Ind man named Cooper, Tucker q.
gan red the Uncle Sam Oil a. II tinery
company. with acapital stock Of $50
GOO 100. This was in February, 1905,
There were s0.o00.o00 shares of a par
valre of 81 each. lettle later Tuck
er amended the charter making the
capital stock $1o,000oo0.
All the preferred stock was allotted
TO Tucker He made no payment for
this except to charge himself witt
10000 Cd. lie books CT tn company.
BY iilis arfWss Il iiient Tucker had All
300. 900 v0lSs gIF fiss Affairs of ille com
RAINY. as against 100000 votes III
those who hold the treasury stock
Az Tucker acquired oil property. he
magnified the Importance of his holt
ings, and represented that the Uncle
Sam company was doing large and
business. As matter Of
fact, the Uncle Sam company, accord
ing to II. J. Bone. the United States
District Attorney. was never profit |
able from the moment Of its inception |
Uses Standard Oil Enmity.
Tucker III his advertisements from
The very first represented thai a small |
sum invested in treasury stock would |
IN a short time make profit of sey |
eral hundred per cent. He also repr
sented that profitable dividends were |
Being declared and paid frequently. In
each advertiser Mt he exploited the
fact that the great state of Kansas |
lad passed an characterization law |
against the Standard oil and that the
state was making vigorous fight
against the oil trust generally
In July 1906. Tucker Induced the
same persons who had incorporated
he Arizona company. Mckinley, his
fuckers wife and two
Jerks. to Incorporate the Uncle Sam
Dill company in Kansas. The capital
vas $4,000, with shares at 81 each.
Of the 10 600 shares 100 went TO
Fucker and IN remainder to his wife
and Mckinley Tuc%nr, conf Hing
bsoy tely the Arizona Uncle Sam
turned all the property, in
the treasury stock, to the
Kansas company. II was sort Of
contract of lease for n.nety-nine
ears.
100000 Collected on Stock.
Up 10 the time of the organization
4 the Kansas company. Tucker kept
III the money on deposit TO his own
redit After the organization Of the
Iansas company the money that came
u was credited TO the Uncle Sam com
ANY. II was estimated that Tucker
objected from his sales of l2.000000
hares of easurv stock sl.2e0000. or
his amount s245.00O went for adyer
ising. The United States District A.
orney says that he operated his
lans al an xpcnse Of $9J. 900 and his
ojal tlcome fro mthc sale Of oil
-as only $4,000.
In the two years tlhal he had been
d business IL is conteuded that be had
aid only one dividend In cash. That
mounted 10 $40 900. This dividend
as paid ont Of remittances for sab
criptions Of stock, as tn COMPANY
as never made any money. accord
lg 10 the District Attorney.
During all the time he has been in
usiness the District Attorney says
ticker has never sold one dollars
-orth If the pref rred Ct voting stock
( either the Kansas or the Arizona
cnIany.
Tucker played upon the prejudiees
I the people against the STANDARD
ii company and in the east he called
tiention TO tn successful fight ihe {
tate OF Ksusas was making against