Show Board Chairman Breaks His Silence SAN FRANCISCO June 12 UP UP- UP James ames A. A Talbot former board chair man of oC the tile RichfIeld Oil company today oday broke the silence he has i n main main- ain ain- tamed since the concern became sub sub- to attacks by state officials and e. e expressed pre cd confidence that every share of Richfield stock held by the public is valid vaUd Talbot who last Tuesday filed med a voluntary petition in bankruptcy here said he could make no detailed statement regarding the charges of Corporation Commissioner Raymond Haight until he had analyzed the Jatter's later's tatters tatter's tat lat ter's ers report One point mentioned d In the press reports however demands immedi ate te clarification Talbot said Some Question has been raised regarding the rte validity of or the issue of certain stock tock of the thc company I am conn conf 1 dent ent that a thorough investigation will ill disclose that all aU shares in the hands lands of f the public will be found valid alid u The differences in present and former Cormer ormer valuations applied to the thc com corn pany's any's assets are arc reflected today in every very industry and are largely matters mat mat- of expert and individual opinion One thing is certain that the corn com pany any has a a. most valuable asset with the he public the result of years of or hard and earnest effort through the advertising ad ad- and sale of its products and which under anything approaching normal ormal conditions should reflect Itself itself it- it self elf in good earnings |