The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-11-22


More Raids to Come.
'"rhc results already accomplished pre-
sent only the beginning The work of
investigation and prosecution VIII pro-
ceed."
The specific charge against Vaughan,
Robinson, postal Inspector. is that on
June {. 1910, he devised a scheme to
defraud Walter ~, Altman of 2oo1 Clay
street. Topeka. Kan, and divers other
persons" by fraudulent use OF the mails.
1t Is alleged he falsely represented that
the Continental Wireless was TO operate G
and control other companies. and would
be in a position TO obtain immediate
Carter r, Keene, postal inspector. told
the story OF Continental Wireless Ihe
Arizona. on October I. 1909 with capi-
tai OF IS. 900. 900. but did not begin opera !
tons on A large scale until MAY OF this
year, II obtained control OF the Collins
Wireless Telephone company. the Pacific
Wireless Telegraph company. the Clark
Wireless Telegraph Telephone company
and the MaSsie Wireless Telegraph COM
pany.
The Columbia Finance corporation was
organized to market the stock, and an
ambitious selling campaign was carried
on all over the country,
The Collins Wireless company was or
ganized in the District of Columbia with
capital of s1.0oo,0o0 The capital OF
the Clark company was S25. 600 900. that
Massic $500. 900.
The purpose OF the consolidation. as
announced III a booklet issued by the
Continental company. WAS TO give the
company a wide field or operation and
to give investors an assured investment
in "conservatively capitalized corpora
ton
'.One of the statements, said Inspec-
tor kcene. read that by taking over sta
tIons already established and adding 9TH
ers at Pittsburg, st. Louis. Omaha. Den
yer. Salt Lake City and Reno Il trans
continental service would become possi-
BILE
List of Companies.
After the raid the postoffice depart
mcnt gave out Il memorandum concern
ing the Burr Brothers. whose company
was organized several years ago, ana III
1907 was Incorporated with capital OF
100000. but later increased 10 s30o,ooV.
The memorandum states that among
other companies. the Burr Brothers are
selling the stock of the Buick OIL COM
pany a concern with $5,000,000 capital.
The memorandum further states:
They have also organized the follow
ing oil companies: Carolina Consou-
dated. capitalized at 81 600 900; Coalinga
Aladdin capitalized at slD00,0OO; Kern
Western. capitalized at $7500o0; New
York Coalnga. capitalized at $500 600.
Coalinsa Crude OIL capitalized al s4Oo
600; Peoples Associated OIL company.
capitalized AT $1,000. 900.
Most of Stock Sold,
"All the stock in these companies has
been sold except portion OF the two
first named aud the greater portion OF
the money evidently has gone into the
hands OF Burr Brothers, incorporated.
"While all the companies are still III
existence, none save the first four named
is doing any work at the present time,
THE Burr Brothers have also organ
lied, promoted and sold the stock In ne n
TarantuIa, capitalized at Slooo'oo
Montezuma Mining & Smelling company,
capital 81 900 600 Golden Fleece Mining.
Milling G. Refining company. capital $500
900.
: Practically the entire stock Of these
companies has been sold to the pubic
and at the present time all have gone
out OF existence.
"The Burr Brothers have also organ
lied. promoted and sold the stock OF
the following companies. Ellesmere farm
of Michigan; California EUCALYPTUS TIM
New Amsterdam Securities company with
a capital of 100000. which was later
merged with the Burr Brothers. Inc
Many Other Companies,
They have also sold large amounts
Of stock In the Red Top Mining & Lcas-
Beach, Mexico & Arizona Mining com
pany. capital s1.50o.00o; Nevada Gold J.
field Mining, Milling & Smelling COM
pany. capital $4,000. 900; United States
StlnQdrn ledo G. MuS S'.,'P'lHS tsnpse'
81. .oOO. 900: Florence Consolidated Minins
& Leasing company. capital $1,000 600;
Round Mountain Central Mining com
pany. capital 81 900 900; Cobalt Portage
Mining company, capital sl,000.00o; Brit
ish American Copper Mines d Smelling
company. capital $1,000, 900. Arizona Cop
| per Gold Mines company, capital sl.ooo-
600: Scarchlight Cananea Gold Mining
company capital $1,000. 900; Holcomb Au-
tomato Engine company, capital $4,000.
600: Cottonwood Copper company. capital
81 900 900 All these companies are out ol
existence.
TThcy have sold stock in the Happy
Jack Copper Mining & Development
company capital $1,000 Yukon Basin
Cold Dredging company. capital $1,000:
road company, capital $4,000. 900: Chi
caEo New York Electric Air Line rail-
road capital s2.oo0.000. in connection
With the Cooperative Construction com
pany. capital 81 Slo00,000."