The San Francisco call., 1910-11-22

and refining company. capitalized
at S500,000
Practically the entire stock in
these companies has been sold to
the public and at the present time
al! have gone out of existence.
The Burr Brothers have also or
stock of the following companies:
Ellesmere Farm of Michigan, Cali
fornla eucalyptus timber company.
capitalized at s1,000,000, and the
New Amsterdam securities COM
pany, with a capital of 100000,
which was later merged with the
Burr Brothers, Inc.
They have also sold large amounts
of stock in the Red Top mining and
leasing company, capital S1,000,000
Other stocks they sold were:
Long Beach. Mexico, and Arizona
mining company, capital s1,500000;
Nevada Goldfield mining, milling
ssnd sdoo smelling Snn company; capital
and zinc company. capital $1,000
600; Florence consolidated mining
and leasing company, capital
s1,000,000; Round Mountain Cen
trail mining company, capita
s1,ooo.oOo; Cobalt Portage mining
company, capital S1,000.000: Brit
ish American copper mines and
smelling. company, capital $4,000
capital sl,500,00O; Searchlight Ca
nina gold mining company. capital
S1,000,000; Holcomb automatic en-
gine company, capital s5,000,000;
Cottonwood copper company capi-
tai $1,000 .000:
All of these companies are out of
existence.
They have sold stocks in the
Happy Jack mining and develop
ment company, capital 100000;
pany, capital s1,OO0.O00; Toledo,
Wabash and St Louis railroad
capital $4,000. 900. Chica go New
York electric air line railroad,
capital 100000. in connection with
the Cooperative construction COM
pany, capital s1.000,000.
The latter named companies are
in existence at the present time.
They also sold the stock of the
vitak company. s1.otoO.0oO,, cor
OF receiver, and thye now are
also negaged in the sale OF lots in
Lincoln, n. j.
1t can safely be said they have
stold stock at par valu efrom $40
10000 to $50.000,000 in the various
companies: have an extensive suite
of Offices in the Flatiron building,
IN this city, and at times have had
Offices in Cleveland. Chicago, Los
A9Eees sSeidon sna S,,rr San Franeiseoi ,,nase u
and F. Harry Tobey are the only
mmbers of the firm in New York
at the present time.
In every instance they have
promised large dividends on the
stock in addition TO an Increase in
the valu eof the stock, of which
In not single case have any COM
panies paid dividends as stated
above; practically all of them have
been complete failures.
The department has received
several hundred complaints from
people who hav ebought these
stocks and lost their monye.
The specific charge against Vaughan
set forth in the complaint of Williar
B. Robinson, postal inspector, is tha
On June 4. 1910, he devised a schem
% defrsud Walter N. Altman of 200
clay street, Topeka. Kan. and diver
other persons" by fraudulent use o
he mails. 1t is alleged that he falsel
represented that the Continental wire
ess was to operate and control othe
companies and would be in a positio
o obtain immediate revenues.
Carter H. Keene. postal inspector
old the story of Continental wireless
rhe company was organized. he said
IN October 1. 1909, with capital o
100000, but did not begin operation
IN a large scale until May of this year
1t obtained control of the Collin
wireless telephone company, the Pacifi
wireless telegraph company, the Clarl
wireless telegraph telephone compan,
md the Massie wireless telegraph com
,anv.
"one of the statements" said In
'pector Keene, read that by takinj
'Ver stations already established an
Idding others at Pittsburg, st. Louis
Omaha, Denver. Salt Lake City an,
Reno, transcontinental service woul,
,ecome possible.
Samuel d. Bradford. one of the pro
noters of the Pacific company. wa
given as manager of the Pacific coas
department.. Other members of tn
'oard of directors were:
Frank Ford, banker of Detroit; n
Hawkins, business manager of
Detroit automobile company; A. c
Tessup, a New York steel man; A. J
sauer. secretary of a brewing compan,
# Auburn. N. Y; Fred Shoemaker o
seattle. General Joseph f. Stepplebeil
II Atlanta; Max Loewenthal of New
FORK, Henry w. Lee, Chicago pub
isher; Sylvester Sullivan of New York
George M. Davis OF Wilmington, Del.
saac Cans of Washington and Judg
edwin r. Cochran of Wilmington, Del
President Burr of Burr Brothers wa
lot in his Office when the raid wa
made. Inspectors found him later. an,
when arrested he remarked, quietly
It's all ended"
None of the prisoners could furnisl
'ail, and spent the night in the Tombs
Assistant District Attorney Dorr sal
hat under the new law, In effect oil
January l of this year. the maximum
penalty for single fraudulent use o
he mails is five years Imprisonment
md that the offender could be charged
With violation for every letter prove,
O. have been sent by him.
Former Official Arrested
PORTLAND. Ore, Nov. PIE. w
'reston was arrested here tonight OF
warrant charging him with using