The Birmingham age-herald., 1911-10-21

the purchase of stock would aid them in acquiring a license, was a false rumor, and advised them, in case they bought stock under that impression, to recover their notes.
 No Witnesses Seen
 T desire to state that I have never spoken to q witness who has appeared concerning this investigation, and l have not asked anyone 10 appear with testimony. I desire to state, also, that Mr. Oakley was never in room 2l5 during any meeting in which stock was sold or offered for sale 1 believe the stock is good stock and l would ad- vice my friends now to buy it. l also desire to state that a. a result of the investigation I have no hard feelings against anyone. We want the investj- gation to proceed"
 On cross examination MT. Bowman said: Yes, l investigated the Alamo Gas and Oil company, and found it to be all right. l agreed to take stock in the sum of 5000 and intend to do so. I have never made d promise to use my influence in the matter of selling stock, heard no other man make such | Q promise. and do not believe that any | such promise was made.
 q was not present when Seay told Fields to get the buyers. l advised ] Altman to make the agreement across | the face of his notes, and advised oth- CTS to do so. The only discussion I know of concerning the sale of stock occurred in Montgomery, as I have stated. Incidentally at that meeting, we had a letter from Judge J. J. May field of the supreme court, indorsing the project and expressing his regret l that he was unable to take more of the stock than he did take
 McCOrd Explains Points
 Leon McCord testified in part: "I arn 1 the president of the Alamo Gas and Oil company. I occupied and slept .n room 215. the Morris hotel, at and about the time spoken of by the Wit- nesses Bowman, Fields and Seay are personal friends of mine and the in- terest taken by them in the corpora tion through friendship for me con l sisted of the following: Bowman prom 1 ised to take 5000 worth of stock; Seay 1 S500 worth of stock Fields has no! promised, but permitted me to use his name as one of my directors without promise or hope of reward. In my pres ence none of the men concerned made promises about the granting of saloon licenses
 In the company l own $20,000 wort h of stock and have expended another 5000. Not penny in cash has been received in payment for stock sold, and every note tHkcn was on cOnulllOn ln1 Tuscaloosa raise a sum sufficient to pipe the gas from the fields to that lefty.
 The company was organized in Ari' zona and it's headquarters are in the Bell building. Montgomery. A pros pectus has been mailed out in every direction and the statements in the prospectus are true.
 Metts was introduced to me, l think by Dr. Fields. put the proposition to Metts, telling him of the condition in reference to the city of Tuscaloosa 1 most positively did not say If you scratch my back l will scratch yours ] did not say anything to that effect did not say that Bowman would have
 in charge the appointment of the melu- bers of the excise commission. l asked that members of the liberal element be brought to the hotel. because l knew that on account of the political atti- tude that 1 had assumed in this ccun- ty the prohibitionists would not buy The total amount of notes taken ir this county is between s1500 and $2000 J. <. Ireland offered to pay for his stock in cash. I declined to take thi money tating that the notes were noi due and might never he due.
 The C0mpany's Assets
 The company owns 320 acres, fee sincent wells. We have been offered s5o,oe0 in cash for the property, which