davidaulloa/AmericanStories huggingface dataset:
Evening star., 1955-01-19

Wilson's Mems Store
31IS Queens Chapel I'd. wa. 7-3f6S
<.AAsNsAN<4>Ae%sAAAsNAAsANA<
Rockville, Md.
ACKNOWLEDGEMENTS
Abode Hardware Co.
Open sunday 10 I'll 2
3 w. Middle Lane 70. %-6l4O
Albee Shoes
tshoes for ths Family
Is n. Washlngton st. 70. 2-9SS0
Greta Stevens
tWomen's Wearl
. N. Waehingt0n o. 20. e-A1O0
Jaye'S ROOtery
tshoes for the Pamilyl
TOO Commerce Lame 20. e-66lA
Medley & Co.
tJewelers- W atchmskers OpticiansD
aso ea'' rs. rSocnssssass' asssSs avenue
NOrman's Youth World
the STORE For childrenl -.
n. Washingten 81. 20 R-62S9
Worth's Dept. Store
twemen.s 9 Mems Esady.te,wsas'
= Mon'sGTsrs pC' s.sa7a 3 sasssss -
&%%sANA~ASSHseSesSseeAe%AN&
Silpey Spring, Md.
&Ass%eNHAAA%e%%%NNseeeASNN$
A q A Hardware Co.
tSPRED SATIN PANTY
tOpen SUNDAYS 10 to %
0441 GeorgiA Ave. Ju. $3.50
Boys Vile Boys Shop
!outflttine, Boys Is Our Bnsinsssl
$500 Georgia Ave. JU 1-51I1
Bradley's
s6a0 Georsia Ave. JU. $4,000
Capitol Appliance Co.
Appliances b Teievision,
Capitol Motor Co.
e2s PhiIsdeiphis ave. JU e-Se00
Darling Dress Shop
s032 New Hampshire Ave, -.
East-West Motors
tChrysler Plymouth Sales a. Sefyicel
11O8 East-West Halfway JU. 5-f333
Gl0ria's
ladies' sportswsa, 3 L,ngsriss e..
KOpy Kat
ladies Ready-To- Weafl
8307 Georgia Ave. II. 3-22S2
Langley Mems Wear
fTeenage Boys Apparell
903e New Hampshire Ave. He. 4-sOi0
Matt Ogens
Ladies' Ready to- Wesrl
1851 Fenten 81 JU. 0-ll60
Montgomery Hardware
Housewares, Paint d Hnrdwarelr
S64b Ge0rgis Ave JU. 0-6bo0
Mt. Vernon Cycle b
Sport Shop
sees Georgia Ave. 10. B-3232
Nan tkichar0s
86S6 Celesville Road ~. 6-6B3e
Paymer II Phillips, Inc.
tAuto Tops and Seat Covers
Auto Painting and Body Work.
1850 Ripley Street JU, 9.3T35
Evening star., 1955-01-19
Connecticut ADe.
ShoDDine Area

~&AAAAA&%&%sAsA>ee%%%s%Ns%
English Pomcroy
Corset Shop
troysets apa arassts-es,
i7fp Cenn. Ave. NV. NO. f-Sf@0
Tvalyr's
sss Conn ave Wv no a-ass7
Farrswnrth Reed. Ltd
iclothfert q Haherde.hers,
sl6 tTtb st NV Ma 2, Sa@N
vhe ssa---n-v ShOn
Records. Sheet Music, phonograrhs,
III Can, Ave- Wv FW . "ttt
'acrws-s.vun
rsiT'fnerv q. rsistinr..ou
s3tD Cenn. Ave. NV. Az. 1-sOi4
lean Mafnu tuc.
,.s conn a'e A.. Nv Va a.a7as
The .yeunv Sheu
uMdierp Ftea6v.ta- wears
YeA Conn Ave wv M 2 t7ab
saan Roherts
traAtps R~-ev Ia. we.t,
ii90 Conn. ave NV. ~ afK7h
'sne'da Jewellers
...s Isvelry wassnss D'amcnds ssssss, &c
~ahinSOn'S
fvoner.. Rs.av-te "'-eBs
tG30 Tenn. ave. NV NO 7-ARSS
Shoe Fair. the.
Iahtes' Better r<anseilattrn ahnest
sase Cenn Ave NV TX a-aSRf
Ted Lewis Restaurant
-yust wnuaerfui Pocd'-
9AHB .Cepu Ave.
Reputef for Popular Priced
Pun Cnurre Quality ninners
VanderioO
Hadaes Auuarels ~
Evening star., 1955-01-19

Quality Shoe Store
tEsed Goose shoesl
tt4ih Georgta Ave. 10 b-ExSo
Seegreen's Toy Fair
Toys Wheei Goods school 6uppiiesl
ltSO3 Geergia Ave. 10. 6-446S
Viers Mill Hardware
fOper p-3O TO Q.tC: sundays
a;30.t.3f
vieFs Mill Shepping Center 10. b-SSeS
%NN%eAsesss&sAsA%N%<sAAAAAk
w. HyattsUille, Md.
SeA@AA@%%NeA%A&%ANeA%AeeAA&
CARROTS Dress Shop
Especially ehopl
SSO6 Hamilton st. UN. A-6SS1
Glen Lyle Fashions
LADIES Ready-to- Wearl
Sa0S tsamilten 81 Wa 5-1&8s
The Henrietta Shop
Nationally Advertised Ladies' ADD
3026 Hamilton 81. UN. $-9S0o
LebOW'S Kiddie Wear
t9hoes infants and Children's Wesfi
Queens Chapel Shopping Center
3102 Hamilton 81. On. 4-6S50
Mel Ron Fabric Shop
Sa20 Queens Chapel Rsaa UN. A-5el9
Suburban Shoe Shop
tPoll Parrot shoes,
Queens Chapel Shopping Center
3ile Hamilton 50 UN. 4-O1S9
Evening star., 1955-01-19
Alexandria, Va. !


x AkCSSt8tk9AS e&4A e8s
ACKNOWLEDGEMENTS
Rendall Motor Sales
,sas ssns..' Ps,ns. 81. s'''' = s;5y,s;I ov s,eos
Fagelson Hardware q
T0yland
~. open u. . Every NlgEs, ...a
f3l1-i6 King g. kt 0-D4SS
Herby's,, Inc.
,soo Dsp, iESrs {; sales ana ssrxifr'Ib xf Ib-os,.
Lees Kiddie Shop
,oe 'Ipssnts Ksas (. = childrsnsr ny wesrss ssrrsss,,
Linda Lee Shoppe
Ladies. Apparel and Accessories, also
n, ,pscislisins r Tan women'sT T Fashionsss alsTsss
Market Tire Co., inc.
fTires Batteries and Seat Ccyerss
339O Jefferson Davis Highway
TE 6-6so7
PalO
ladies Ready TO. Wear--special
..o x,n. 4aternisy ss Dept r. e.esse
Priscilla Fashions
Ladies Apparel and AccessorteaI
Hantins TsSsrs shcgpins center
Rosenberg's Dept. Store
!appsTel ..p for Men wonsnn childsrsnl
Singers jewelers., inc.
RcT Jsweisrs Amer Gen eeesssyas
&%&%%A~A~~s%~seses~%s%s$%~t
Arlington, Va.
SsAANANe%ANAAe%eeS<NAAs%AsA&
Alma Shops
sTs%ip9,n's sss 9S',..., Aeisss2ris' . sgortsy"sss1T
Curtain q Drapery Shop
q scSstom ;S ,g,,. slip &c cerer' 4 prapsIis.l.
Father & Son Shop
sfS2 Wilson blvd. ia. f-sssa
Handles Dept. Store
2810 Celnmbia Pike IA. sim
The Hub Mems Shop
Mems Clothing a Furnishingsl
tl30 N Highland 81 IA. 5-42le
Lady Hamilton
ladies Ready-to- Weert
2fO6 Columbia Pike IA. b-60Ho
Mort's B0otery
Name nrant shoe. for th. rsm,lyt
252 n. GIebe Road IA. B-e7As
Saltz r. Street
ses'' S'ssIa.s SSlessI,ass . 'ur9,sh'ass, s.s,.s
Staley's Mems q Boys Shop
Mems CLOTHING b Furnlelingsl
ESQ N GIebs Road IA. $500
The Wardrobe
fwomen's Wsari
3Isf wilson Blvd. IA, s-6000
Wales Decorators
1850 N. Kirkland IA. 7-6300
Wynn's Feminine Apparel
Shops
eais'N. Glebs Reas "a. 7-eI0o
xNs&e%&%S%e%sAAs@&%&NesA%%x
s Falls Church, Va.
AS%e&SSAAe%s%%%%s|%sA%sAA1
Alma shops
twomeD's Wear q Shoes for the
,ss ,ss { w.:sinsi'' s.s.s Il % 4 s.s7ss s:s7ss
n. B. Clark Motor Co.
csp.:. ssyse: 3 sfl' n w.. sss
ga Washington 81 yB 3-ttee
Greta Stevens
107 " Bread ~ IN. 1-1919
jefferson Village Hardware
8i0ts Arlington BIva u. 7-t8se
Juvenile Fashions
'o''fitssr' g e chils,ysn ,s, from sirss
ea3s Ariingtsn Bivt. ~. s-244s
Kresin Kasuals
cwomena AppareI ..sportsveas.
Maternfty ciothes, -.
6f37 All, blvd JE 4-e0sA
Lord Fairfax Clothier
.....r w ssi:s sss..,s. =. c...., Y Y sssss sssss
Rogers Toy Shop
-. twi,,stor shnneins csntsrt -.
Shirts Ladies Shop
s.cs sliinsss. asa.ss s;ssy''wssr, siss. a. s.se4.
StaIey's Mems d
Bove' Shop
sas .s,ss.,,- ss..s.,. r,S. sr.srtis'e 1-a sss.-,
Town y Country Ladies shop
gls Lsesh1rs fiks ~ s-issa
Wynn's Feminine
AnUarel Th0iD
23g W. BYeaa ~. "a. T-6t9a
The Yarn a Fabric Center
a4fs sstbnsfer Rtv6 W R.3Sae
xsAnAAAAaAAAaNAAAsAaAAAe%Nex 4
: Annand0ie, Va.
NaA%e~>>@@AANs&eAeA4@N%s@&
AnnandaIe Hardware q
Supply Co.
Gftfie Riser Tafnpike ~ 4s74aa
Bergen's Mems Shop
Next Dcsf - Pest once 20 4-47ep
IsANseAAAeAANNAAAeNeAAAAeN@k
Vienna, Va.
<seesAe~1s%A%e%sseesess4ee<
Buddy's style Shop
fsatlenaily Known Mems Wear
ana Ghoesl
3apls Assnus uDukirt s-sIle
d
Evening star., 1955-01-19

n
A%Ns%AAsHstN%A%ss%%SA%N%NN
Bellies Dress Shoppe
4sIs Gesrsia Ave NV IA s-seeo
Bowman Motor Sales
tStudebeker Sales a eervieel
1880 Georsia ave NV VIA $4,000
Dolls q Danes
s4a4 oeorsia Ave NV IA s-4s4s
Handley Motor Co.
632s Georsis Ave NV "a $4,000
Lad q Lassie Shop
,.n Infsnss = csildssp' 81 sApDsrsls Ds..
Meyers Shop
ladies, Wearins apparel
3O61 NJ St. NV, AD. A-2741
Mt. Vernon Cycle q
Sport Shop
slfa Wisconsin Ave. NV EM, S-7B24
Peake Motor Company
tDe Plymouth Sales a Servicel
4506 Wisconsin Ave. NV EN-. 2-2OO0
Royal Motors, Inc.
tChrysler- Plymouth Sales q servicel
A1OO GeerEiR Avenue NV.
IA, 0-2000
Town q Travel Casuals
Ladies' Casual Weari
3434 wis. Ave-. NV. EN-. 3.6B44
Vincent ct Walter
Hairstylist
130 Kennedy 81. NV. To. 2-l01S
Virginia Loor
tEadiess AppAreil
1884 Eastern Ave. NV. To. o.0206
Evening star., 1955-01-19

8SNSNNNSOWVNNNS
NE. Shopping
Districts Z
S%e%s>AA%~$ssseS<SeN>~s%es@
The Children's Shop
tChildren's Weafl
1882 Minnesota Ave NE 10 4-3sBs
Fran's Smartwear
a,as Ia taasiis. 3. Rs:dy-so- Tssr, HsA s-.e,a
Mardfeldt's, inc.
fwearins Apparel fof the FamiISl
20IR Rhode Island Ave. NE
,ss, sss a.me ' Ave- W. L.ssi., h ears
NO 5-3e9A
Market Tire Co, Ltd.
Tires 5sttsriss t and Seat See. cSysrs'
Michigan Drugs
drugs q foysl
1907 eairhisap ave NE IA 81 tR0n
Ss~ess%1esA%%s&&s~%~%%se>s$
Z An0costia Sc.
SseseN%>%ss%%e%Nsse%eS%s4S$
Francis d Parsons
Dodge. Plymouth safes q service.
Service On all maks cars
Julian's Mems Shop
,s4i Gses asss ssnIs IA Tisr ~ 10. .-s.ss
Moe Berg's Paramount
Shoes
tShoes tel tns Entire ramny.
ig21 Coed Hepe Rd G.E To t-tBf1s
Quality Clothes Shop
,sss Coed Fiesr ~ Til i.aaaa.
WaifheT's Dent Store
tL.nens FsmtIy Rrvev h. wers
xs>e%~AAsA%AAe%seAeNsAsA%sz
: SOufhe0sf Areas
OBSERVATION-DISCLOSURES
RriusSield's Drug Store
3035 8 Capitol 81. s.E. 20 , ssee
ChfIdren's Corner
se,s 'gsaps WINS. ss:ts r: gurn 10 lsss sssoa
The Chilaren's Shop
tCfildfep't WEAR
The Clothes Mart
tMen'A Wear,
saei q GaSisss 4. an 10 a-sess
Darling Dress Shop
roo sss d wDns s.k W'a u s-asae
Grand Paint q Hardware
fPaintn Haraware Housewares Ete.l
Evening star., 1955-01-19

Beyda's
.,.s ssp9Ttswssi 9r.E Z. 4 = s childrsns Wear
Crosby Shoe Stores
tFeaturins Mary Jane Shoes
3i24-26 t4tb et NV NO 10000
Ida Seigel
Feminine Appsrel and Aceessoriesl
3O36 14th ct. NV. AD a-e342
Irving Music q Radio
fRecords-Music--R Radios
30A2 1Ath 81. NV. co. 5-4s00
Irving Shop, Inc.
MEMS Weafl
KrasneF'S
feminine Apparell
2940 i4th st. NV. DE. s-l596
Levitan's Mems Wear
Mems Furnishings q Clothing,
3O44 t4tb st. NV co 5-iI94
Perry Nelson
.,GE sEem,nins 1.n Appsrs' . LG L,nssris, s,.
Renay,s
aMaternitZ Fashions,
33O6 Hath 50. NV. NO. 5-07so
The Sally Shops
tFeminine Fashionsl
3324 18th - NV AD. 4-2S2O
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06

commission, the organization
planned to divide its $l0-a-share
stock into two classes.
Glass A. which will be the
Ivtoing stock, will have 1000
shares with a par value of $4,000
each, or a total Of $40 million,
he said.
This will constitute the mem
bership stock. Glass B stock will
consist Of / million shares with
a par value of $40 each. or a total
of $40 million. and 1t will con-
stitute the associate membership
stock"
Since the two oil companies
were the only subscribers of the
membership stock. 1t appeared
that Metropolitan Transit Co.
operative would be a two-oil
company cooperative.
The associate members" Mr..
Hankin said, will be able to vote
only on recommendations to be
made to the members. to the
board of directors, or to the Of
flcers."
Describing Kaye, Mr.. Hankin
said he spent a number of years
in operating his own banking
firm in Wall street. -"
BY telephone from Newark,
Kaye later told The Star that
this referred to Orvis Bros. g.
Co. IA Wall street. He made no
reference to Kaye. Real & Co.,
Inc. Kaye has told the SEC his
only connection with Orvis Bros.
& Co was as a customer broker
from May to August, 1916.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06

day waived preliminary hearings
In Municipal Court.
Codero, William j. Mahathey,
%, Of Fifteenth and q streets
NV, and Alan v. Burke, 90, Of
the $500 block Of Perry street,
Mount Rainier. Md, will appear
before a grand jury. Codero In
under $4,000 bond, Mahathey,
$4,000, and Burke. $1,000.
Codero told police bandits en-
tered the restaurant on Noven-
Der 26. forced him to open Q safe
and fed with $4,000 after tying
him in a chair and gagging his
mouth.
Detectives noted flaws in CO.
dero's statement and later gained
an admission from him that i'm.
plicated Burke and Mahathey.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06
Testimony Quoted

"As regards the indebtedness
due Kaye, Real g. Co., Inc, from
John A. Kaye, he testified under
oath on November 6, 1853. that
his only assets consisted of STAN
wood Oil stock, and that insofar
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06
Needs
0fAirmen Cited

Sustained community interest
in the ff-duty needs Of armed
forces personnel last night was
cited by an official of the Air
Force Department as essential in
maintaining the strength of the
services.
Sherwood Gates, director of
the Office Of community services
of the Air Force. told a meeting
of the District Armed Forces
Hospitality Committee:
when you reach our people in
their off-duty time and help
them to participate in the best
parts of your community life,
you are helping us to make the
military life a better and more
attractive way of life. And, in
turn, you are helping to turn the
tide of large numbers leaving the
service"
Mr.. Gates pointed out that last
year the Air Force alone lost
about 100000 airmen of its total
300. 900 strength. In 1856, he
added. the department expects
to lose one-half of all officers
whose contracts expire.
This, he emphasized, is dam
gerous to the Nations safety, as
well as expensive to the tax
payer.
Civilian society shares the re-
sponsibility with the military
Mr.. Gates said. and could play
Ia "vitally meaningful" role in
looking after the servicemen's
of duty activities.
He pointed out that members
of the armed forces, married and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06
DIxON-YATES
Continued From First Page

"a legal opinion that there is
"a substantial question as to
whether there we're material
violations Of law and public
policy"
Senator LANCER filed six reso-
buttons, insisting that he did so
entirely on my own" and with
out consulting fellow members.
He proposed that Mr.. Summer
field be asked about any utility
contributions to the 1852 Re-
publican campaign fund made
with 1.-The Dixon Yates contract
in mind"
Mr.. Adams should be asked.
Senator LANCER said. about any
Dixon-Yates contributions to his
earlier campaign for Governor
of New Hampshire. and "in all
fairness. Mr.. Mitchell should be
asked about possible Dixon-Yates
COutItuut1b1o w IAIC AooS CdAlI~
paign Of Adlai z. Stevenson for
President.
He proposed also that all off,
Gals Of the First Boston Corp.
a New York financial firm which
arranged financing for the
Dixon Yates contract, be called
to tell "of the part played by
them. II any. in the last Republic
can and Democratic election"
Two other resolutions also
dealt with campaign contribu-
tons.
Senator LANCER acted after
both Acc Chairman Lewis l..
Strauss and Budget Director
Rowland Hughes had declined to
tell the subcommittee whether
they had discussed matters con-
corning the contract with White
House officials.
But Mr.. Hughes contended
there was nothing phony, or
dishonest. or any conspiracy
with anybody" #
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06

tees in Wall Street, which CO.
ordinated financial planning
with the House of j. P. Morgan
Co. He received a commission
as lieutenant under the direction
of Mr.. Sproul.
Transit Operator
"In 1943, the control of Third
Avenue Transit was taken over,
and he served as executive vice
president in charge of operations.
During this period through 1915.
Sill million worth of buses were
financed and the lines were con-
verted to motor bus transporta-
ton. During his period of adj
ministration, substantial econ
omies were effected and 463
million passengers Carried by
the Third Avenue Lines) re-
ceived subs tantial benefits
through his planned, efficient
services and as a result of the
economies. The equities of the
common stock had risen from
$3.50 per share to $40 per share
in the period of five years.
HE spent number of years
in operating his own banking
firm in Wall Street and in 1850
became president of the STAN
wood Oil Corp. and several affili-
Iated companies, including South
tern Metals Co., which has de-
Iyeloped a very substantial min
Ieral mine in Georgia, Of which
he is now president and OF which
Mr.. John B. Stewart. president
Iof the Farmers Bank in Georgia
serves as treasurer.
"He has made a very intensive
study of the Capital Transit Co.
has made a complete analysis Of
their transportation problems
and has also spent considerable
time in Washington studying anc
inspecting the entire structure
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06

pecially impressive because of the
size of the machine. 1t is longer
than the twin-eigine DC3 air.
liner. and practically the same
size as the Convair airplant
which its body shape closely re-
sembles.
The helicopter was flown by
Piasecki test pilot Harold w
Peterson of Media. Pa. with
George A. Callahan of Bridge
water Farms, Pa, as co-pilot
There were no passengers aboard
for this first demonstration show
ing.
The onlookers included Army
1t. Gen. James Maurice Gavin,
chief of Army research and de-
velopment. Marine 1t. Gen.
Christian F. Schilt, aviation di-
rector and assistant commandment
Of the Marine Corps for Air. and
Air Force Brig. Gen. Hoyt
Prindle. deputy commander of
the 18th Air Force at Green
Vile. S, C..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06

in New Jersey up to the present
time.
HE graduated from Battin
High School in Elizabeth. and
then graduated from the Whar-
ton School of Business and FL
nance with a B. S. degree. His
graduate work consisted of a
series of courses covering rail
transportation, corporate financ-
ing, corporate accounting pro-
cedure and general finance at
the Institute Of Finance spon-
sored by the New York Stock
Exchange.
Other Courses
He completed a course in
accounting at the Pace Institute
in New York and a series of
courses at Columbia and New
York Universities toward a mas
ter's degree in economics.
I'm 1929, he was employed by
the Drive Yourself Transporta-
ton Co., and in 1880 operated
for a period Of five years the
Plainfleld rive-Yourself Trans
portation Co.
During this time were ini-
tiated methods and programs
covering transportation facilities
for field operations, for such
companies as the Bell Telephone,
Western Electric, Westinghouse
and other large industrial cor
porations.
This operation called for
dealing with the transportation
problems of employees living in
outlying districts, connected with
the corporations as mentioned
above.
Sold Out Interests
Subsequently Mr.. Kaye sole
out his interest in the transpor-
tatlon company and served al
principal of a secretarial schoo
and vocational adviser to DR.
Schaefer OF the State Teacher:
Normal School in Jersey City.
During the outbreak of the
war in 194l, he served as division
chief of the Finance Committee
in the United States Treasury
Department and received 81,
Icitations from the Treasury De-
ipartment for outstanding per
Iformance in connection with tn,
various financial campaigns.
| He served on several commit
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06

miles an hour faster than the
official record.
A Sikorsky XH39 hehcopter set
the official mark of 1856 miles an
hour at Dayton, Ohio, last year.
The YH16A. which weighs
more than Is tons. has flown
only 20 hours to date-an aver
age of two hours a week for the
last three months. 1t also has
been flown at attitudes up to
$4,000 feet.
Mr.. Berlin told 200 guests. in
vited to the first air demonstra-
ton of the machine, that it was
paced on its speed dash by an
Air Force airplane equipped with
accurate timing devices. In its
demonstration today. the YHl6A
lowered a few feet of the ground,
turned sideways. moved from
side-to-side and backward, and
climbed at the steep rate of 1000
feet a minute.
The accomplishment was eS-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06

single alike, often lead lonely
and emotionally and socially
rootless existences."
Those who help them get
started and become a part Of the
community are doing a valuable
service to the Nation" Mr.. Gates
asserted.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06

defendant John A. Kaye was
elected president of Stanwood
Oil Corp, Pennsylvania cor
poration engaged in the oil bust
ness. This corporation had in
terests in certain properties in
the State of Pennsylvania. AS a
result thereof the defendant
Kaye. Real & Co, Inc. COM
menced to deal in the common
stock of said Stanwood Oil Corp,
within and from the State of
New York.
IN that connection the de-
PENDANT corporation sold many
thousands of shares of Stan
wood stock to the public within
and from the State of New York
at prices of 81 per share and
more.
The operation Of Stanwood
had not been very successful to
that time. Their success in the
drilling and production Of oil on
their Pennsylvania properties
was no greater after Kaye was
elected president of the corpora
ton.
LAS a matter of fact, the
financial report of Lift e. Prayer,
certified public accountants for
Stanwood Oil Corp. as of March
81, 1858, indicated that Stanwood
Oil Corp. had sustained an ag-
gregate operating deficit up to
that date of 1891 ,631.66.
Says Losses Continue
THE losses since that date
have continued so that the ag-
gregate operating deficit exceeds
that figure at the present time.
las a result of the foregoing.
Kaye, Real 81 Co., Inc. COM
.menced to advance moneys to
IStanwood Oil Corp. Such
moneys apparently resulted from
profits made by Kaye, Real & Co.,
Ines acquisition of Stanwood Oil
stock at low prices and from sub
sequent sales to the public at fig
ures greatly in excess of the
prices for which the stock was
acquired
* rye, Real g. Co., Inc. as
of September 80, 1853 was
then insolvent The major
reason for such insolvency oc-
cured from the fact that some
S250,000 of the corporations as
sets resulted from. an indebted
ness of approximately $4,000
due to Kaye, Real & Co., Inc,
from Stanwood Oil Corp. and
some $4,000 then due Kaye,
Real & Co.. Inc, from John A.
Kaye.
Examination during the
course OF this investigation clear
lily indicated that the debt due
Kaye. Real g. Co., Inc, was sub
ordinated to all other claims
against Stanwood Oil Corp, and
that Stanwood Oil Corp. at that
time was unable to meet any of
its obligations from current as
sets.
This was evidenced, in addi-
ton, by the fact that Stanwood
Oil Corp. could not meet current
payrolls and had, together with
Kaye. Real g. Co., Inc, received
papers in a summary proceeding
to dispossess Stanwood Oil Corp.
and Kaye, Real g. Co., Inc. from
its Offices at 70 Wall Street, New
York City, for non-payment of
rent.
THE cash position of STAN
wood Oil Corp. is presently nil,
according to the sworn testi-
mony of one of their directors
Testimony Quoted
"As regards the indebtedness
due Kaye, Real g. Co., Inc, from
John A. Kaye, he testified under
oath on November s, 1853. that
his only assets consisted of STAN
wood Oil stock, and that insofar
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-12-06
3 Waive Hearings
In False Robbery

Pedro M. Codero. 29-year-old
Of a Northeast Hot
Shoppe, and two co-defendants,
charged with making a false
robbery report to police. yester-