The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1914-02-13
CHARGE Is FALSE;
BROKER In DENIAL
From Mondays Daily.

From Mondays Daily.
p. II. Finnegan, the local hay, grain
and stock broker, who was recently
placed under arrest by federal OF.
flcials ut Des Moines, Iowa, was in
Mankato yesterday en- route TO Min.
neapolis, Mr.. Fnnegan is under in
dictment on the charge of using the
United States mails to defraud by
the sale of worthless stock. He de.
clares that he is absolutely innocent.
He is charged with having sold
stock OF the Kelyin-Arizona Copper
company and the government alleges
that that firm long ago went out of
existence.
Confusion Of Names.
There Is a confusion OF Names"
said Mr.. Finnegan to a Free Press
representative. II never sold stock
in the Kelvin-Arizona Copper company.
know nothing about that company
or its affairs. ! never had anything to
do with II. But do represent Kelvin
Sultana, Arizona Copper company.
have examined its mines three diff.
ferent times for stockholders. My re-
ports have been printed In various
papers and circulated throughout the
country The Kelvin-Sultana-Ari-
iona Copper company Is still sound
Its property is considered a good
mine that will eventually pay out
well to all investors.
misprint on Order Blanks.
1T is true that the order blanks,
with which / have been selling the
| stock Of this company, were printed
wrong. The word, Sultana, was left
| out OF the name, SO that IL read
Kelvin-Arizona Copper company. |
, instructed my clerk always to write
In the word, Sultana, in filling out
these blanks. Sometimes, he did not
do so. think the governments case
IL based on that error. ] can readily
show. however, by the stock certifi-
Gates, that the stock that | actually
sold was that of the Kelvin.Sultana.
Arizona Copper company.
Think Arrest Spite Work.
Il think my arrest and prosecution
has been the result of some spite
work on the part of a certain indi-
vidual. That man has an old grudge
against me. I once represented his
| syndicate I'm Calumet, Mich, where I
took orders on behalf OF that syn.
dictate for n-Sultana- Arizona Cop.
per company stock. I sent this man
the money | took in for the stock.
| Instead of handing over stock that
! belonged TO the company itself, he
Is reported to have handed over stock
that he owned and with which he had
been paid for representing the com.
pany, and II is said that instead OF
turning the money over to the treasury
OF the kelvln-Sultana-Arizona Copper
company, he retained the money. In
other words he made my sales, sales
Of stock belonging to him. instead of
sales of stock belonging to the com.
pany. The money that should have
gone to develop the company's bust
ness remained with him, so Il Is
said.
Ceased to Represent Concern.
Il ceased to represent him or his
syndicate and many investors re-
fused to have anything further to do
with him.
"Of course he was sore at
me after that. He afterwards pub
lished a libelous article about me in
the paper he runs in Chicago. |
sued him for $4,000. did not get
anything like this amount, but was
the winner and was fully indicated
I suspected this very man of being
back Of this present prosecution"
Mr.. Finnegan will appear before
the federal court at Marquette on
April II for trial He Is out on
bonds in the sum OF $4,000.
From Mondays Daily.
Judge Pau today fled a decree
in the divorce suit of Emma NJ.
Eygabroad versus George ID. Eyga.
broad. The suit was brought on
the grounds of deserti0n, and cruel
and inhuman treatment. and absolute
divorce was granted.
The judge also decreed that a per.
manent alimony of 100000 should
be paid the plaintiff. payments to be
made monthly in sums of si16.66, un-
till the full amount Is paid. There
Is also an order that the defendant
shall pay $4,000 which shall be kept
in trusteeship fer the two children,
Margaret aged fifteen years and
John. aged thirteen years until they
are OF legal age. The trustees are
John A. Regan and George ID. Eyga-
broad. The interest on the $4,000
is to be paid to Mrs. Eysabroad
during the minority OF the children.
The defendant shall be allowed to
see and to communicate with the
children.
from monuay's Daily.
Fire. resulting from the explosion
II a kerosene stove in a bedroom
endangered the residence OF Mrs.
Isetar uartu,on late caturdoy altar