Salt Lake Telegram | 1923-04-08 | Page 32 | Warning Given by New to Oil Stock Venders

1 4 4 i s 's WARNING GiVEN BY NE BY-NE NEW TO OIl STOCK VE DERS r w Postmaster General Declares De- De clares Those Using Mails Jo t o Defraud Will Be Yigo Vigorously Prosecuted j j WASHINGTON April 7 The The 1 mc dep department will move moxe in int Toj nr T n oj r t te e o vigorous Ig rou and persistent nt 4 0 mannor manner manna possible against oil stock pr promoters who are declared by poi pos r t tal Inspectors to have robbed th the of p bJ c. c ot more than In Inc c operations in the tho state ot in 1 last LIve five y- y Jr ThIs warning wa was wa served lIen on fraudulent oil all stocK promoters In InS S S statement yesterday by PostS Post rost- S n ter General New 1 Investigations of at postal S tors in the tho state already havo re- re In cases being placed beOTe bet before be- be t fore OTe re the tho grand Jury now sitting at J. J 5 F Fort brt rt Worth said a report from department de de- de Agents agent there thero made mado public by b the postmaster general Wild cat Promoters Mr M New said uld aid have escaped prosecution by tho the state authorities by operating MIS a-a a common law Jaw trusts o er which over the state statutes provide no sup sup- LETTERS S GRAND JURY FORT J-FORT WORTH Texas April J DelUge e of at letters J. and telegrams from an all parts t. t of the country and andA I A Canada P poured Jred in n upon United States Commissioner Parker and the tho th federal Jury today following I publication of or Fort Worth dispatches dispatches dis dis- dis- dis patches of ot th the round up of ot oil aU oilS S promoters S Some of at tho letters give tips Ups Upson on oil oU men mon not netted in the round jp P And nd enclosed oil literature in corroboration Many rany ask whether hether tho t t grand Jury 3 Is going to get so and so The communications come como from San San Francisco Philadelphia Van Van- couver B. B C. C and numerous other points Some of them enclose As- As Associated Press dispatches S I j 1 was separated by this birdS bird S from a sma small ono flum-ono man writes I as ho he gives tho name of ot an oil oU promoter Dont Don't overlook o this party a styled self member of the Sucker list in giving the name of ot a promoter pro pro pro- moter long departed from realms Df of oil and speculation I The grand Jury letters were were- turned turn turn- ed Cd over o to J. J H. H Burroughs fore fore- man