Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-12-07
PANBOLFO GUILTY;
ASSOCIATES NOT
CINCHED BY JURY
Promoter of Pan Motor Is
Convicted on Four Counts
of Misuse of Mails forsPur-
pose OF Fraud.

Chicago, Dec. 6.--S. G.. PandOlfo,
convicted today in federal district
court on a charge of using the mails
to defraud in the promotion of the
Pan Motor company Of st. sC'oud,
Mimi, through his attorney. filed mo-
ton for n new trial and hearing was
set for 10 o'clock December IS His
twelve associates were acquitted.
Pandolfo, president of the company,
was convicted on four counts of the
eleven returned against him by the
grand jury. Two counts were dis
missed early in the trial.
Il guess it might have been worse"
was Pandolfo's first comment,
The counts on which he was found
guilty We're the first, second, third
and fifth.
Pandolfo was the promoter of the
company of which he became presi-
dent and fiscal agent,
The other officials and directors
who were acquitted are:
Charles D. Schwab, Peter Thielman,
G.. E. Hanscomb, bankers; Hugh
Eve IS, wholesale grocer; Fl. c. Erwin,
j. l., Miller Fred Schilplin, publisher;
NlldlltS ., bulllltll4 ttui estate NtdltI,
all directors; Charles f. Ladner. vice
president John Barritt, secretary. all
of st. Cloud; Norman A. Street and
George Heidman, Chicago patent at
torneys, and II. S. Wigle of Spokane,
Wash. former vice president and
chief stock salesman of the company.
The men were indicted on eleven
counts ten of which charged misuse
of the United States mails and the
e eventh alleging conspiracy to use
the mails to defraud. The court had
instructed the jury to disregard the
first five counts against Schwab,
Hanscomb, Evans, Erwin,
Schilplin, Bunnell and Ladner.
The jury reached the decision after
deliberating for eleven hours. In dis
missing the jury Judge Lands ex-
pressed his appreciation for their
services.
Worn by the long trial. some of the
defendants wept when the verdict of
mot guilty" was announced.
I'm glad you fellows got Off" said
Pandolfo
Pandolfo will be under his old bond
of $4,000 until the hearing of De-
Cember 10.
The counts on which he was found
EulltS are all concerning HClS IN NlO-
lation of the mail laws and he was
found not guilty with the other de-
PENDANTS on the conspiracy charge
"The problem now Is to handle the
Pan pant in the best way to make n
success of it," the st. Cloud directors
of the corporation declared.
Defendants who had been acquitted
shook hands with Benjamin Epstein,
assistant United States district attor-
ney and declared that his prosecution
had been fair one.
Organization of the Pan Motor
of st. Cloud, MINI, began
in New Mexico in 1916 when S. C
PandolfO, who had been in the in
surance business in New Mexico and
Texas. decided to build up an automv-
bile corporation.
He sold some stock in the south
west, came to Chicago, Incorporated
early in 1917 and decided to build the
plant in St Cloud. He secured eight
business men for his board of direct
ors and sold much stock of the new
all over the western half Of
the country, using the money above
commission to build a plant and to
promote and advertise the company
1t is in these stock selling opera
tons that he and his associates ran
afoul of the United States postal laws.
The prosecution charged he took Il so
per cent commissions.