Show TWELVE GUILTY GUll TV IN MAIL fRAUD HEARING Prominent Defendants Sentenced to Terms in Leavenworth a arid and d Ordered Ordered Ordered Or Or- dered to Pay Fi Fines es ALL PRISONERS J JI I TO MAKE APP APPEAL AL Conspiracy and i Illegal Use of of Mails I s Proved Against Promoters of Guaranty Companies I O OMAHA AHA Neb l May lay ay 17 After Atter After a a. hearing e extending te ing over an an eight weeks' weeks period and a jury delibera delibera- deliberation tion of ot over twenty-six twenty hours all allbut allbut allbut but one t Of f the thirteen defendants In fn the Guar Guaranty nty Securities mall mail fraud c case se In federal court here were found guilty Wednesday after atter- noon Due to the prominence of ot the defendants the trial attracted nationwide attention while the jurys jury's verdict came rome as an unexpected unexpected unexpected blow which left a a a majority of the defendants momentarily speechless Vogel 28 Charleston W. W 1 I Va accountant was was- the only one acquitted I HEAVY SENTENCES Immediately ely after atter the return of I the verdicts Federal Judge J. J W. W sentenced the defendants defendants defendants' defend defend- ants ants' who were co convicted as I follows fol ol- ol I lows 3 Th Thomas mas H. H Om ha at attorney t torney five Leay Y Kan federal peI rY and fine and fine of ot im 0 Walter L. L StIck 1 Kearney Neb millionaire lumberman two years lh lil federal and fine Willard V. V Mathews Omaha former former former for for- mer president of t the e Guaranty Securities Securities Se Se- companies five years in the feler federal l penitentIary an and t. t 10 fine tine N Ralph Br B Sun erland former cm Omaha ha one year and andone andone andone one day in iii federal p penitentiary and fine Harold R. R Cozier Omaha ac accountant accountant accountant ac- ac countant fined tined 1000 I George L. L Ro Roach ch Denver Colo Cole accountant fined 1000 D. D Eykelboom Denver banker fined 1000 Homer Molyneux Denver banker fined 1000 John F. F H Hecox cox Omaha banker fined 1000 LucIan B B. Fuller examiner Kansas City and his Is brother Harne Harris Harris Har Har- ris ne L. L Fuller accountant Lincoln Neb and the Rev Charles H. H Rogers Rogers Rogers Rog Rog- ers Congregational minister who were also found guilty were Vere not sentenced yesterday but will learn their fate when the federal court convenes today at Lincoln ALL TO APPEAL Matters Mathews Sunderland Sunderland Sunderland Sun- Sun derland L. L B. B Fuller the Rev Mr Rogers Cozier and Hecox were found guilty on nine counts of ot an indictment charging actual use of the malls mails to defraud and on a tenth count charging conspiracy to de de- de fraud The others were found guilty on the count charging con con- Immediately after the verdict verdict verdict ver ver- dict was made maie known all defendants defendants defend defend- ants made an announcement ement declarIng declaring declaring ing that an appeal would be made Judge announced in turn that twenty wenty days would be given by the court for the filing flUng of ot new petitions and h heavy avy super super- P I bonds ranging from to were made Trial of the so called Guaranty case was started in federal court here March 20 20 and during its time one ninety-one witnesses were called by bythe bythe bythe the government and thirty-nine thirty for forthe forthe forthe the defense Yesterdays Yesterday's victory for the government is expected to have an Important bearing on several several sev sev- eral other similar cases throughout the country which the government has under study stud The Guaranty case was an in inQuiry inquiry inquiry in- in into the promotion of the Colonial Timber and Coal corporation corpora corpora- corporation corporation tion organized by several of the defendants defendants' and with headquarters at Charleston W. W Va It claimed a a. title in fee simple to approximately approximate approximate- ly acres of ot rich lands in that state rich in timber Umber oil coal and gas The rhe corporation bonded acres of ot the tract I in Id the tho sum of ot marketing a portion portion portion por por- the Guaranty Guaranty Guar Guar- tion of an issue through anty Securities companies of three states and several subsidiary banks which included the now defunct Continued on page 10 |