, 1935-07-17
COUGH POSTS
$500 BOND
Copy of Indictment Lists
% Defendants And
Claims

J. d. Corvh, elderly Harrington
bookkeeper, was released from
custody here Tuesday afternoon
when he posted 8 $500 bond on a
Drake Estate" indictment return
ed against him by a federal grand
Jury in Chicago several months ago.
SuretieS on the bond posted be-
fore u. s. Commissioner Carlos
Watson are Jacob Fossler OF Mer-
ctdes and +. w. Lever OF Raymond
vile The bond is for appearance
n Chicago at the call Of the dis
trict attorney for the northern dis
trict Of Illinois.
The certified copy of the indict-
E1ent, which names a total OF 43
defendants including oscar HartzeIl
who Is now in prison IN another
here Monday and the warrant was
served on Cough at Harrington Tues
day morning.
The government alleges the fol-
lowing claims were fraudulently
made:
THAT persons contributing would
receive a share OF the estate"
THAT settlement OF the estate
might occur within q few days"
That all contributors would re-
eeive so much that you cannot be-
lieve it,"
THAT the settlement Of the es-
tate would have been made sooner
II Hoover had been elected"
tWThat cfr0a pnNnnuaIf 1880 g.
Hartzells work had to be explain
ed to the new high leaders Of the
government"
Many Claims
That they, said defendants, we're
conducting a legitimate business.
supervised by the department Of
justice and secret service Of the
United States government"
That the government Of England
had appointed five trustees who
were then In possession and con-
troll o. a trust fund comprising the
alleged estate Of Sir Francis Drake
and TO which said defendant, Oscar
M. Hartzell. held an assignment ap-
proved by the highest court in Eng
land"
Numerous letters from Delmer G.
Short OF Chicago to contributors TO
the Drake Estate" are set out In
the indictment.
Among the defendants named In
the indictment are Oscar NJ. Hart
xell. now serving q long term In
federal penitentiary on another
Drake Estate" case, Garfield Hart
gel. Otto q. Yant, Lester Ohmart.
former resident Of San Benito. Del
me G. Short and Clair Hartzell.
Shorts correspondence with 'in-
v%estors," are incorporated in the in
dictment.
Letters Are Revealed
10 one letter. he leads a Sioux
City matron to believe that she will
be able to pay for needed medical
attention from the Drake Estate"
payoff. II reads in part: "'"' I am
truly sorry to hear Of your misfor-
tune and sincerely hope you will re
cover without III effects. Now Mrs.
x do net worry any more about u
deal, II Is going TO be settled and
paid Just as sure as the sun will
rise In the morning. We cannot tell
you the exact day. but we have
every reason TO believe II will be set
lied early this fall. My advice would
be for you to employ the specialist
for your leg II you can get his SER
vices upon an agreement to pay him
later. MY personal opinion is that
you will be able to pay him as soon
as he Is finished or shortly there
after ess"
In another he intimates TO a Des
Moines resident that the Ramsay
Mcdonald Coalition government In
England was set up for the purpose
OF paying off the Drake Estate" II
reads: Everything is coming fine.
Lots OF money. We are all posted UP
70 June list, and Monday w are GO
ing 70 start posting the June bust
ness. Have all the transferring done.
have to run three transfer files now.
The total on the books up to June 1.
is Sl.022. 595.S9. Oscar (HartzelD is
feeling fine about the way things
look. Before he left England they
told him that the coalition ..overn-
ment With Ramsay Mcdonald at the
head was set up for the express pur-
pose Of settling this deal and that
when II was finished Baldwin would
take his place go"
A Spencer. Ia, investor" evident
" became confused between Huev
Longs share-cur-wealth-w ith-a-
81. 900. 00O-limit plan with the "Drat-e
Estate" Shorts reassuring letter 10
him read. II have your good letter
Of the 2lst and in reply win say that
I think YOU have been misinformed
REGARDING this million dollar limit
whether o had donated SIS or S.
600. II viii be paid Sc much per dol
lar REGARDLESS OF the amount donat-
"A ecu