The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-09-28
JAMES MOFFITT
RECOUNTS TALE
OF STOCK LOSS
Seeks Injunettvr Against 8. L.
Fink and Others In Move to
Regain $4,000.

Bowling township, who secured the
indictment of s. l. Fink, a Rock
Island broker, on charge Of oper-
| ating confidence game, today
sought by injunction to regain pos
session Of several hundred shares
of stock alleged to have been fraud
| ulent1y taken from him The order
| is asked to prevent the transfer of
| the stocks from Moffitts name,
| either on the books of the Illinois
and the Illinois Refining company,
or to any other person The court
| Is asked to cancel notes which
Moffitt claims he was induced to
| sign
| Included m the list of defendants
with Fink, are Fred Schatz, Donald
De Spain, Josephine Knorr, A r
Thompson, Frank H Repetto, Nor
timer B. Flynn, American Mani
copy Typewriting company, A H
KohIhammer, Bankers Mortgage g.
Discount company, Illinois Oil and
| Illinois Refining companies. The
| defendants, exclusive of the ILL
nois Oil and Illinois Refining COM
panies are alleged to have been
complicated in the deal, or to have
| had knowledge of what was trans
piring The two Rock Island cor
poFations are named in an effort to
prevent further transfer of the
stocks to the present holders. The
others, with the exception Of Fink,
are Chicago residents
According to the petition, Motif
lost control of 1850 shares of I'LL
nois Oil and 3S4 shares of Illinois
Refining stocks, having a market
value of $35, 900, between Sept 1
and Sept. 10, and in return was
given shares in the Manicopy Type
writer company of Chicago, which
are alleged to have been and are
now without any market value.
An Auto Trip to Chicago.
Fink, Schatz, Josephine Knorr
and De Spain are alleged to have
been the ones who seemed chiefly
interested in gaining Moftids
stocks. The petition relates that
during the first 10 days of Septenl-
Der, these four had frequent con-
versations with Mofitt, concerning a
were conferences in Chicago. The
negotiations were first opened at
Moffitt's home il Bowling. Later
he was taken to Chicago by Fink
in the Iatter's automobile, where
he was introduced to SchatZ, JOS
ephine Knorr and De Spain at the
home of Schatz in Chicago During
his stay in Chicago and up to the
time of his return, MOfft declares
he was never without company.
He alleges that the four agreed to
give him 1885 shares of stock IN
the typewriter concern in ex-
change for his holdings He
charges that the typewriter stock
was represented as having a mar
ket value of $1,000 in excess of
what he was giving, and that he
was induced to sign promiSSory
notes to cover the difference.
He asserts his signature to the
notes was secured in manner IN
known, and neither does he know
the amount of each, the rate of in
terest or the date of maturity One
note is believed to be in possession
of the Bankers Mortgage & Dis
count company, not incorporated,
of Chicago, of which A H Kohl
hammer, one of the defendants, is
manager. Kohlhammer is alleged
to have acquired the note in
knowledge of a fraud being COM
mitted-
The officers of the Manicopy
Typewriter company, who are also
alleged to have had knowledge of
what was transporting, are given as:
b H Repetto, president; NJ B.
Flynn, vice president; Donald De
Spain, vice president; A r. Thomp-
son, secretary.
Mofitt declares that he has been
in a nervous and weakened coRdf-
ton of health for several months, |
and because of this has been IN
able to transact ordinary affairs of
business properly and at the time
was entirely unable to ascertain |
the terms and conditions of the |
transaction.
All Holdings Gone.
1t is set up in the petition that |
the original transaction involved |
the transfer of SS5 shares of Hi
nois Oil and 2SS shares of Illinois |
Refining, but that Motifs entire |
holdings have been secured in a |
manner unknown to him
The petition specifically asks |
that the Illinois Oil and the ILL
nois Refining companies be re-
strained from transferring the |
shares of any part thereof now |
held in Months name, and that the |
defendants be enjoined from as
signing or transferring to any per-