The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1909-07-11
Concern That Promises Profit Of
S77O,OOO,OOO Refuses to
Return $50 for Stock
Congo Lumber Company Gives
Out Wonderful Figures to
Gather In Easy Money
Ray Moore ClamOTs for Return
OF Coin and May Burst New
Panama Bubble
President Talks Chilly of Vast
Tract on IsthmuS, but
Can't Show Title

AOAlON
O EVEN hundred and seventy mil
lions of dollars in net profit on
an investment OF 100000. the
latter to be advanced by the public.
IS the most glowing promise ever
made to those who love to fit about
the FIRE in the realms of frenzied
finance, and the Congo lumber com
pany, a corporation with palatial Of
noes in San Francisco, is the institu-
ton which intends to enrich the poor
people who buy its stock and do away
with the time despised vocation of
work. The old process of getting
gold from water, which has proved
such favorite hitherto with the
eminent scientists and alchemists of
Wall street, will soon be obsolete be-
cause within very short time the
trees on the isthmus of Panama are
going to bear newly coined $50 gold
pieces instead of leaves, and the stock
holders of the Congo lumber company
are the only ones who viii be allowed
TO stroll about the enchanted forests
and pluck the shiny blossoms.
Ready to Turn Trees Into Gold
Grants from long dead Spanish
kings, enveloped in romance because
of the fact that the present owners
take them on faith. are features of the
new system of making presents to the
public There are also other attrac-
tive features too numerous to mention.
but the only Sthings necessary to enjoy
the fruits of the big enterprise are to
pay in your money and have faith in
the officers of the concern. who, accord
ing to their own statements. have al
ready safely disposed of such trouble
some matters as the majority of the
stock and similar Inconvenience. Ev-
erything is in readiness to commence
Panama into gold by supplying the
worlds demand for mahogany and
other timbers. Another great feature
| is that the interior department need
no longer trouble with the preservation
of the forests because there is enough
timber in Panama to supply the world.
There is only one thing which stands
in the way of a quick and full realiza-
/ ton of this beautiful dream. and that
| is the obstinacy of Ray Moore. who
bought $50 worth of stock in the
Congo lumber company. became skep-
teal. finally shouted. and is now clam
oring for the police 10 get his money
| back. Neither the reassurances Of the
philanthropie promoters nor the entrea-
/ ties Of friends have been effective in
quieting the suspicious member of the
flock, and ne is running amuck among
the young plants. breaking them down
before they can reach the stage where
they will bear the nice. new shiny gold
pieces.
Cries He Is Swindled
I've been swindled." bleats the lamb
who has been shorn- They told me
would get all kinds of dividends. and
showed me the company circulars.
which said We would make S77O.O13. 900
in profits; but 1 have not seen any and
do not believe they have any timber
at all
Ray Moore. member Of the building
trades council. who lives at the Hotel
Brilliant. appeared at the central po-
lice station yesterday and told the desk
sergeant a most pitiful tale of how he
started to become a inancier. but met
with obstacles. He said that he had
/ bought 1000 shares of stock in the
/ Congo lumber company. which had Of
! fees in the Humboldt bank building.
for $3.50. but that he had become con-
WINGED that the concern was wild cat
scheme and he wanted his money back.
Moore produced the prospectus OF the
company, which showed that it was in
/ corporated under the laws Of Arizona
/ with capital stock of $4,000 O00 di-
vided into 100000 shares with a par
value of 81 The officers of the con
Germ are: &C. E. Campbell OF Palo
Alto. capitalist. president; Fl 8. Van
Horn. secretary adjutant general Sac
ramento. vice president; E. C. Anis
and n. A. Harris. san Francisco. and
DR.. H c. Reynolds of Palo Alto. d.
rectors-"
Lure of the Figures
Moore showed figures IN the circular
which held out the lure Of s77O.o13OOO