The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-04-21

the allegations as to the artifice or
scheme to defraud were not suthclenl
and clear enough and that the facts
by which Tucker converted or IN
tended to convert the proceeds from
the sale of stock to his own personal
use were not sufficiently set out
People Believe in Him.
That H. H Tucker still has a large
following who believe in him i'm
plicitly enough to hand over $139,OOO'
is the statement made by Russell r
Goodwin, assistant attorney general
for the postoftice department, VINO
filed additional charges and findings
against the promoter of the Uncle
Sam Oil company.
He says: ''It is amazing to receive
the admission made by Tucker that
since his indictment and the publlc
exposure of his promotion of the con,
Germ as fraudulent. he has obtained
from these investors about $139,O0O
on account of the defense and assess
ment funds. He did not indicate now
much was given to the one fund or
the other. He states that he is now
receiving money on the assessment
circular at the rate of 1900 a day.
The size of the return indicates that
the circular has been very per-
sausive" He states that most of the
statements contained in the circular
are untrue as regards the present
financial condition of the company.
He continues the assertion that
Tucker kept no adequate system OF
accounts and that he himself does
not know to certainty how many
stockholders there are in the com
pany. That the two dividends de-
clared on the Uncle Sam oil stock be-
fore the bankruptcy proceedings were
based on figures turned in by the
stockholders themselves. Tucker hav-
ing kept no record of the payments
made on the stock.
From the time that the affairs of
the company were taken by the court
of bankruptcy said Mr.. Goodwin,
"out of Mr.. fuckers hands he has
continually been appealing to those
whom he induced to buy stock in the
corporation with respect to which he
is now under indictment on the
charge of having used the mails to
conduct a scheme to defraud. asking
those persons for money as SO called
defense fund. In January of this
year he caused to be prepared and
circulated among the 5000 stock
holders of this concern a circular
soliciting those persons to send
through the mails to HIM personally
at Kansas City, Kan, for the corpora
ton, four cents for each share of the
capital stock of said corporation held
by the said persons as an assessment
| levied by upon the stock of the cor
poration by the stockholders thereof,
and representing that said assessment
was necessary among other things TO
pay the debts of the company and
| take it out of bankruptcy and to COM
pIete it's plans and place it upon full
operating basis, by completing at an
expense of about $15O,000 the pipe
| line of the company to it's refinery at
Atchison, Kan, and by erecting at an
expense of about $4,000 certain wax
works at that point. These circulars
represent that if the assessment is
| paid there will be issued to the per-
son so paying further capital stock in
the company at the rate of one share
of stock for each ten cents of as
sessment, but threatened on the other
hand that if the assessment is not
paid the stock held by the person SO
failing to pay the same will be for
feited to the corporation by action of
it's directors
Judge Amidon said this afternoon
that his action in the Uncle Sam case
is informal and he will hand down a
formal decision later.