Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-23
OTHER CHARGES
AGAINST BROKERS
TO Be INVESTIGATED
B. r. Buck, Proprietor OF
Buck & Co., Held for Grand
Jury Under $4,000.
EVIDENCE SUPPLIED
BY ATTORNEY VERNE
Commissioner Turnage Hears vir-
ginia Farmers Story of Al
legged $4,000 Fraud.

Evidence in several other cases in
volving the same brokerage firm will
be turned over to the grand jury this
week when the case of B. r. Buck,
proprietor of the firm of Buck g. Co.,
Evans Building. 1920 New York avenue,
is laid before the jury, Assistant Dis
trict Attorney William A. Gallagher
stated today.
Buck was held in $4,000 bond for
the action of the grand jury, following
preliminary hearing today before
United States Commissioner Needham
@. Turnage, on a charge of embeZZle-
nnent Of more than $4,000 from z. As
bury Gill, farmer, of Rehoboth Church,
Va.
The evidence of alleged fraudulent
dealings in connection with stock trans
actions has been supplied Gallagher,
who Is handling the general investiga-
ton Of alleged bucket shop" operations
In the Capital. by c. v. Verne, an at
torney with the Virginia Better Trade
Association; Representative Frank L.
Bowman of West Virginia. and the Bet
ter Business Bureau of Washington.
Amounts Not Stated.
Just how much these cases involve
Mr.. Gallagher does not state. He has
stated that there is under investiga-
ton evidence of alleged fraudulent
stock transactions in the Capital to the
extent of $4,000.
Gill was the only wintess at the hear
ing this morning before Commissioner
Turnage. He told the court he started
stock dealings with Buck e. Co. early
last Spring, losing considerable money
- ekn krav -
said, he deposited. a total of $1,000 with
Buck g. Co. to cover margin account
dealings in stocks, and on July Is had
a balance of $9,048, of which he de-
manded $1,000 cash, Offering to leave
the balance TO cover further stock deal
ings. He declared Buck g. Co. offered
to pay him per cent interest on the
balance and promised to send him the
$4,000 he asked for in few days.
j :, Gill said he waited several days and
did not receive the money. He said he
then telephoned the firm from his viz
ginia home, and was told that the
money would be- sent him in short
time. With the failure of the money
to arrive, Gin said, he made several
more telephone calls. but was put of
each time.
Other Demands Futile.
Becoming uneasy, Gill said, he came
% Washington and visited the Offices of
Buck & Co., demanding delivery of the
money due him. There, he declared,
he was referred to Harry Barger, at
torney for B. r. Buck. He visited Mr..
Barger, he said, and did not receive the
money, and from there he went to the
Better Business Bureau and laid his case
before the officials of that organization.
There he met Mr.. Verne of the Vir-
ginia Better Trade Association and the
upshot'o his conference was the swear
ing out Of warrant for Buck charging
him with embezzlement of his money.
Gill said that earlier dealings in
stock through Buck & Co. involved a
loss Of an amount in the neighborhood
of $4,000. This account was regularly
closed out, and was reoponed, he said,
when he was offered credit agree
ment of SIT share on 200 shares of
Bethlehem Steel Corporation stock to
reopen his account. He did not further
explain the nature of this transaction.