The sun. [volume] (New York [N.Y.]) 1916-1920, 1917-06-05
IA INDICTED FOR
MOTOR FRAUDS
OF F$1,5OO,O0O
Emerson Corporation Ac-
cused of Nisusing Nails
in Stock Deals.
ASSETS MOSTLY MINUS
Investors From All Over Coun-
try Attracted BY Lurid Ad-
vertising Campaign.
ASSETS MOSTLY MINUS

Tho Emerson szsetors buhl,ie burst YES
teroay when q Fete-ai Grand jury iu-
esrfed an ne executive ersosrs Of The
oonpaoy. several Of its directors ana a
number 81 other persorls who have been
i-ssrrnental in smoothing the way be-
tween the cockets of careless or lrrorznt
investors ana II. pockets Of the
promoters
The EDeTsoa eEbf,se 10 enc @. he
largest erer yr5ckes ey the Poss es15cs
Department Nearly yl.seb.etp g.
Sucker money 10 sad 10 have found
Us way into the EDerson COMPANY
cr1erx siDce III organisation q Eftle
over . year aga Newer d5d Western OF,
LANDS or gold mining ventures prove
seoa sllnring hair as the yr'Tperrire
pro1s Of The concern vhsch se. OCT az
s'erdf,sg 10 its broadcast advertising
campaign n many States. with ne tp-
tenijcu Of ouifonding Ford.
Ne1 and women II srerr e-itr an IN.
land had read os the r-oHia Fcrd had
mace knd Of The other rniricna res
tseAieo Almost over night &y the rise of
ne motor industry cr every Ffrees
they csdged the seemingly trsdless lirles
% motor cars There must tie millions
IN the making of AHtoTnossies. they res-
sorieo-f such mental processes can be
called faAsonIrE-sDd lhen they bought
Enersor Motors stock
CspitalireA st sIe. e.eee 900.
They we're burfng STOCK Il the Gov
ern,n>rzss aleEKb lions are proved In a
Email factory IL Kingston. which hAd
turned OH eiB CARS by May ] 81 q loss
y~U 40
were Fprc< with changed bodies aro
Identification rlnrEs erAcicnted AID in
such good VIII as had bee, created br
expensive adrertisine--his hAndtnl Of
Assets being capitalinsd AZ sll.bee,et
Yesterdays tndicrnent. which cors-s
VFpewrsr1en pages includes
the nArnes ct fourteen desencAris-
Nichois r. Wilson. Willis Geerre Erner-
rcn- Theodorf A. Campbell. Retsers g
Huyp, Georxe N Campbell, George "A.
Gf6ort Henry 3. Hunphre William A
MorEnn- Osborne p. CAknsy. Prank Il.
stur.ker. William Loernn By1~n 4
Riess, Robert p. Matches sne Willis N
r StetsarL Al are charged with using
fhe nEfls - Stfrsot and conspt--nr no
TO da- The Emerson MerDrf Company.
Inc e. p Berry 4 Co. Inc. K B.
Hrrnyihfvy Company. Inc. and Robert P
case They win he Hrrhiened for u
hearing Tomorrow nsr1tng before
United STATES Cornruissioner GiichriE
The mos. in.eresSnr charter IN IN.
comparatively brSe. e,ui very much in
volved corporate AistorT which has e,sen
elpcidsted 10 the Grand jury through
the efforts O, James W. Ossorne "a
Assistan; rnited States Arlu-r-.y
charged With the prosecution q the case.
lies IN the relEnurs Sf Wilson with the
affairs Of int corporation Although no.
an oricer ur director Of the corzpany
Wilson WIS the chief rnetiurn oetweer
the thousands o. trus-ful irresia,f and
the ysrcrnpiers i wEf Wlisnn who
undertook TO dispose pt the csrrr-hny's Q
stock and u-hs did actually sncnee6 in
pinct1r .4h. ppb shares 9. Il 3; prizes
ranging from - 10 81 share a por-
fior Of this stock was purchased from
the corporation ht 81 a shBrs fur tbe
remainder ne p4id ss. il it alleged
Cot MIIIlss. 1t Is Said
Ee accomplished tins result. according
20 the tnaic-neri, through {. p Berry
& Co. q sock selling concern which he
whf operating before he hech-ne con
nertso early Inst year with the pro
terwI-t through Robert p Matches. Enc,.
Louznsf 4 Riggs snt o. P. Chhney L Co,
tine partners @. which Arms Ill 4Eurs il
the indictment The hrrHage-nsIr: with
Wilson was thai he recsiree the stock
from the cunyE.nys treasury IN return
far Ills npte- which. however. WIS only
10 he paid IN the ever. thai he succeeded
N rese-1inS the securities- Altocethe'
the onrnpkny receire6 about sSbo .tpf and
Wilson RIla the other promoters are n
rusea O. yeclet.nr close 10 q million for
their services IN introducing the shares
tp al unsnspsctlng yublic-
wilson's pRsi history presents II )eRst
une interesting chapter. IN the years
bsrween 1906 and 1910 there operated IN
this city q notorious firm ~ Eet-rich-
uiick experts who had ofioes IN the
Flstirun Euiiding undur the name @.
Burr Bros They SOLD 20 the grileless
investors o. thoBe dsys shares IN every
imaginable sort Of fake, from Calt.urnis
on companies TO trHnsccnttnentsl rail-
roads and II vks largely through The
EFFORTS cf THT STF ttiBt they were ffnblly
driven frpn busineHs
Wilson whs then the controlling tRrtor
IN q California trust company which
actec ~ fiscsa agent tor fhf Burn and
20 which the dpuhtinF Tbornasef ErnonF
inc concerns -chenteie were referred
for references The concern Nhs finally
clpsed by pET uffice inspectors Ano the
tvo brothers and twe nf their associates
were sentenced TO year IN. the penn
tenrinry Another indictment charging
Wilson with using the nRfit 90 oetrEut
is Bt present pending against him il
the Tinted atRtes Court for the South
ern District of California.
Bsw Company Started.