The New York herald., 1921-07-14
GEO. GRAHAM RICE,
OUT ON BAIL HERE,
OPERATING IN utah
Sought by California Au-
thOrities, He Evades War
rant Across the Line.
STOCK ROCKETS AGAIN
Violations of Blue Sky Laws
Charged in Sales, to
Public.
HAS CRIME RECORD HERE
Nat Goodwin Drawn Into One
Of His Spectacular Mine
Schemes.
las CRIME RECORD HERE

George Graham Rice. the blue sky
stock exploiter, has just jumped from
California into Utah few steps ahead
Of a warrant charging him with the
same sort Of stock swindle for which
he is under sentence In New York city
He is not in Sing Sing now for the
simple reason that the New York
courts last year admitted him to bal
pending an appeal from his sentence
of three years.
Dispatches from Salt Lake City
have it that despite the New York SEN
tence and the California warrants
which have not been served because
of legal technicalities, Rice is devotine
himself to floating the stock Of the
Bingham Galena Mining Company.
He left California when his opera
tions on the San Francisco Stock Elk
change-manipulati Broken Hill:
stock a Nevada prospect-attractec
| the attention of the State Corporations
| Commission. On the coast, the des
patches say, Rice made no effort to be
conservative when he scented a sale
of Broken Hills stock. 1t was certain
to produce fabulous wealth.
| Although Rice was admitted to bal
! here in Manhattan in February. 1920, hs
has since been at large. At that time
! 1t was said his appeal would be taker
Immediately. That he was not worried
he demonstrated by moving to California
and plunging into his favorite pastime-
selling mining stocks. Now, chased ou
of California, Rice has associated him.
house of Child. Barclay Co. in the
interests OF Bingham GaIena- z. c
Bellows, State Corporation Commissioner
in California, has announced his de-
sire to extradite Rice and the members
of the brokerage firm for having cir
cularized the purchasers of Broken Hills
Rice Stalls OF Arrest.
However, service OF these warrants /.
being held up by E. c. Hicks. secretary
Of the Utah Securities Commission, whC
was appealed to by Child. Barclay & Co
Mr. Hicks purposes investigating tn,
status OF Rice and his associates as wei
as their activities before slgnifying hi
| willingness TO have California seek L
prove that Rice and Child, Barclay 4
, Co. have violated the blue sky laws o.
that State.
Rice is conducting a sensationa
propaganda. Bingham Gslena stock sole
| for 3s cents last week. 1t is now dor
| mant at 22.
ON July 20, 1918. Rice was arrested ii
| his office, 27 William street. on a war
rant issued by United States Commits
sioner Hitchcock upon the complaint o
r. w. Hartman OF Mansfield. Ohio, VIII,
charged that Rice had accepted from
him s720 for the purchase of ten share
of the common stock of the American
Car and Foundry Company and had ap
/ propriated the money to his own use.
Before he was brought to trial on thi
| charge he was rearrested on two indict
monts charging him with grand larcen.
and assault. John c. Hendra Of Bethle
| hem was responsible for the forme
! charge. saying that he had siven Ric
| $4,000 with which to purchase stock an,
| had received nothing for his money
The assault charge was preferred by r
A. Mcdowell OF Perth Amboy. y. ].
who claimed that he was battered Will
seeking information in Rice's William
street offices.
In January. 1920. Rice was convicte'
of appropriating Hartmans 1920 an,
sentenced to Sing Sing for three years
| But his lawyers procured from Suprem
Court Justice Erlanger a writ of reason
| able doubt and he was released from th
Tombs on bail. He since has been a
liberty pending the appeal from tn
judgment OF conviction.
Long Career of Crime.
That constitutes the latest chapt II
! the New York career OF one OF the mos
! spectacular swinders the United state
| has developed. Rice's real name
! Simon Jacob Herzlg. He was born Il
| New York In 1870. He began his caree
by stealing funds from his own father
and the latter, In sheer despair, saw hi
son convicted of grand larceny in 1888
and sent to the Elmra Reformatory.
| One night In 1901 In the old Metropol
Hotel. then the centre of the univers
for the Broadway sporting element. Ric
received a hot tip from New Orleans
II bade him play Silver Coin in one O
the races scheduled for the followin
/ day Rice possessed just s12 at tn
moment Any other man In a millio
would have played Silver Coin for SIX
harvesting the other two against pos
sible disaster and inevitable hunger
| But Rice hurried over to the Office OF
managing editor OF a New York newe
paper and that Journal produced th