Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1921-07-29
HELD ON Blue
SKY CHARGES
c. w. BROCKMAN ARRESTED
IN SPOKANE, WAVES IN
TTIAI. EXAMIN ALTON.
(Free Press)


moter, of Spokane, and at the
time a resident OF Grangeville,
was on Tuesday bound over to
the district court of Idaho coun-
ty OH a charge of failure to COM
ply with the terms of the Idaho
blue sky law in the sale of stock.
Brockman was arrested in Spok-
ane ON telegraphic information
by the authorities of Idaho coun-
ty, and came to Grangeville, in
company with his attorneys,
Monday night.
Held on $4,000 Bond.
When arraigned before Pro-
bate Judge J. L. Byron, Tues
day morning, Brockman waived
preliminary examination, and
was held to answer on bond OF
$1,000, which he later furnished.
Brockman was represented by
Attys. N. T.. Nuzum and H. n.
Nuzum, OF Spokane, and Eugene
A. Cox, Of Lewiston. His at
torneys pleaded with the court
for release of Brockman on his
own recognizance, declaring he
had voluntarily come to Grange
vile when it was known he was
wanted here and that Brockman
would return for trial when de-
sired. Counsel declared Brock
man had suffered heavy finan-
cial losses through decline in
prices of oil and limited Brock
mans arrest was brought about
by persons who sought to injure
him for personal reasons.
Prosecuting Attorney B. Au-
ger maintained that Brockman
was charged with violation of
the blue sky law of Idaho, in
that he was alleged to have sold
stock without a permit, and that
he should not he released with
out furnishing a sufficient bond.
Ailshie Takes Floor.
Judge James F. Ailshie, who
was among the spectators in the
courtroom, arose and declared
that, while he was not an at
torney in the case, he was a citi-
zen of the state of Idaho, and de-
sired to be heard in the matter.
Judge Ailshie flayed Brock
man for his activities in selling
oil stock in Idaho county, and
asserted that vast sums had been
taken from the county by oil
spectators who had sold stock
of doubtful value to local people.
The judge said he was interested
in seeing the practice stopped
and he suggested that the court
fix Brockman's bond at a sub
stantial sum. Ten thousand
dollars was the amount which
Judge Ailshie said should be the
bond.
Brockman was arrested or
complaint of Walter McAdams
of this city. The complaint was
filed July 15, and alleges that
Brockman, OIL or about Nov. l6
1920, "in the county of Idaho
and state of Idaho, did commit
the crime of selling stock with.
out compliance with the law
regulating Investment companies
which said crime was committed
in the following manner, towit:
Texas Oil Company.
"That at said time and place
the said C. w. Brockman ther
and there did sell stock in tbs
Texas and Northwestern Oh
company, an Idaho corporation
and which corporation had no
compiled with the provisions o.
the law regulating investment
companies, and the said corpora
tion then and there not having ;
permit authorizing it to sell it
stock within the state of Idaho
and he, the said c. w. Brockman
not then and there having a per
NIT authorizing him to sell stool
within the state of Idaho"
Brockman, whose home has O
recent years been in Spokane
has been active in promotion o
oil property, and is said to hav
sold much stock in the vicinit,
of Grangeville, as well as at Lew
iston, and elsewhere in the mort
west.
IN. 4. - L. ...x. <....... = ....-..... L. 1,