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Show PROMOTERS ARRESTEE. Frank and John Jaeger Accused of Using the Mails in Scheme to Defraud. Chicago, Jan. 5. Frank Jaeger and John Jaeger, well known throughout the United States as mining stock brokers and promoteis, were arrested today on the complaint of Postofflee Inspector William M. Kelcham. on tho charge of Using the mails In a scheme to defraud,. The arrests were ordered by the Governments Gov-ernments officials after an Inquiry had been made Into the business methods of the Model Gold Mining company and tho Jaeger Oil company, of which concents Frank Jaeger Is president and treasurer and John Jaeger secretary. More than $S00.0(O Is Involved In tho caso and tho Federal authorities declare that sensational sensa-tional revelations will be made when thu prisoners nro arraigned In court. The brothers were taken before a United States commissioner. Their bond wore fixed at SCCO0 each and they were released on ball. At the request of Frank Jaeger, who said ho Intended leaving Chicago Chi-cago a fow hours later with a party of stockholders to attend the annual meeting meet-ing of thn company at Prescott. Ariz., Commissioner Foolo continued the hearing hear-ing of tho caoe to January ICth According to the Federal officers tho following mines and oil wells are included in tho list of those fraudulently represented repre-sented In advertising matter sent through the malls: McCabo Model. American .Gold and Copper, Jessie Helen No. 3, Gold Bug, Sink to Rise. North Model. Alia. McKlnley, Helen No. 2. Copper Queen, Liberty Boll, Bruce, Monopolls, llerrou, Bachelor, Tom Reed. Copper Crown. Belmont. Jaeger Oil company. Model Oil company. Smokeless Briquette company. Standard Briquette company. Inspector Kctcham said today that ho did not make the claim that the proper-tics proper-tics arc of no value, but that the representations repre-sentations as to the earnings of tho properties prop-erties are fraudulent. President Ftank Jaeger said: "The arrest ar-rest of myself and brother Is purely spite work. A couple of dissatisfied stockhold- i ers wished to disrupt the company. We have, made no minr'opresentallons and wo will bring heavy;, damage sulto against somcbody.''- - . |