The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-04-28

first of March. 1907. that the company
owed him $4,000 in commissions for
selling stock and that he was going
to get it," said Robertson.
HE was going to get it or a part of
| it. That he had been working hard.
That he was going to get some, some
stocks and some of the bonds. be-
| cause the bonds, he thought, were
good investment
did he ever tell you what he ex-
| pected to make out of the company"
''At Cherryvale, I think it was, he
said, that he had 100000 shares and
that he expected them to be and would
work to try to get them worth 81
share and then he would be worth
81, 900, OOO.''
Robertson asserted that Tucker had
said further that if someone came
along and offered him that sum he
would sell out.
Robertson accompanied Tucker when
he went to Washington, D. c.. at the
time a fraud order was first issued
Judge Goodwin and he stated that
Tucker had at that time told Judge
Goodwin that about 40 per cent of the
stockholders money had been expend-
ed in advertising and that the 10 per
cent commission to Tucker for stock
sales would come out of the funds of
the company in addition. Robertson
stated that Judge Goodwin stated that
the postoffice department could not
permit the commission to continue
Robertson did not know whether Tuck
er still continued to draw the 10 per
I cent commission after this or not.
| He also stated that previous arrange
| ment under which Tucker kept all OF
| the funds of the company in the name
of H. H. Tucker Jr., checking on them
| in that name was changed after this
interview with the government official
! under the direction of the government
| and that the funds thereafter were
banked in the name of the company.
| Did he tell you that he had the
money on hand to meet these divt-
| dends, the last dividends for instance?"
| He said he didn't have anything and
| that he would date these checks pay
able five months ahead
| Did he say for what purpose he de-
| clared these dividends?"
He said it was for the purpose Of
| helping the sale of the stock and for
| the completion of his plans and that
after it was finished he expected to be
| making money"
! A large number of advertisement cir
| culars as we'll as extracts from adver-
| tisements appearing in newspapers
were read to the jury by H. ]. Bone,
United States district attorney, to illus
| trate the character of some Of the
claims made.
Included in these were statements
that the pipe line would save 900
| yearly to the company, that the stock
| would be selling shortly for from rs
cents to 81, from $3.50 to S. $22 ,000.-
900 was conservative estimate of the
value of the company's assets after
the sale of the bonds had been made
and improvements completed, that the
| bond issue commencing within three
years from February. 1908, would be
entirely paid off, the bonds being retir-
ed quickly.
ssrTbora ic obonoa Of
loss. only gain
THE people have just been waiting
to build up monument against the
criminal oil trust"
When We talk about the stock going
to $3.50 to $500 we mean it,"
These were some of the expressions
quoted from the advertisements. The
scheme of floating oil in barges down
the Mississippi river to the gulf and
! from there on steamers to Norway
| which was said to afford a good mar
ket because no duty existed upon kero-
sene was said by Robertson to have its
inception from the visit of Norwegian
to fuckers office and to fuckers in
quiry replied that good market ex-
listed over in Norway and in reply to
further questions stated that he
, thought 1t probable that the people
would buy and that site for depot
In Norway could be secured. few
. days later the circular unfolding this
Scneme came out. tucker gave the
man 800 in check. said Robertson
to see the consul at Chicago to
look up the matter in fuller detail but
nothing further was ever heard from
the man, was the belief expressed by
, the witness.
H. G. James, of the independence
Reporter. was placed on the witness
\ stand this afternoon.
Girls Held on Swindling Charge.