Show BALDWIN RADIO DEFENDANT DEFEND IS GIVEN HEARING Fred R. R W Woolley olley Held Under Unde 2500 Bond After Action Before U. U S S. Official l Wheels of justice began to move in the Baldwin radio stock ck deal Wednesday Wednesday Wed Wed- nesda and Fred red R. R Woolley S Salt it Lake stock broker wa was ordered held under 2500 1500 bond f following ll wing a preliminary pre pro pre hearing b before United Stat States Commissioner Gould B. B Blakely Woolley wa was one of ot eighteen defendants defendants de do indicted by a federal grand Jury at Butte Mont on ch charges oZ of using the malls mails to d defraud fraud in ii c connection con connection con con- n wi with h the sale of stock la in Nathaniel Baldwin aldwin Inc lne Salt Lake radio radIo manufacturing concern which h went bankrupt 1931 in 1931 Following the he hearing ring he was ordered or or- dered t to appear before Federal Judge Federal Judge Tillman D. D Johnson Thursday at 2 p p. m. m for hearing bearing on his removal to Montana to stand trial DENIES AFFILIATION On Ori the witness stand under examination examination exam exam- exam exam- by his hir attorney Harley Hadey W. W Gustin Woolley denied h he ever wa was affiliated with Nathaniel Baldwin Inc or with the Intermountain Sales corporation a subsidiary tion He testified that in August 1929 he h had d made a pe personal loan of 20 to Frank Keller Jr Jn and another defendant and nd that the loan was secured secured se- se cured by shares of stock in Nathaniel Baldwin Inc which at at that time had a market value of 3 a ashare share Keller and another were named in the indictments as defendants In the case Keller is at liberty on bond in Portland Ore I awaiting trial on n the the- charr charges r I I i The m loan Joan according to b Woolley's testimony was negotiated through N. N G G. G Hall of Columbia Trust company for six months and the the- defendant had never contacted Keller Keller and nd another defendant subI sub sub- paid on the loan Woolley testified and added he conferred con con- erred with the men in April 1930 at which time tune th they y admitted they were unable to pay the remainder but provided him with notes valued a at 1300 GIVEN BY lIT STOCK B BUYERS IS The notes according to Woolley's story were found to have been given by purchasers of Baldwin stock in Montana and other states He lIe declared de de- de dared he did not know the notes secured stock purchases at the time he accepted them The other witness ss during the hearing hear hear- ing fag was J. J S. S Swenson postal Inspector inspector Inspector in In- of Seattle who Identified Woolley as one of or the defendants defendants- named in the indictments The indictments specifically charges Woolley with sending a letter through the mails maUs to the Rev John B. B at Anaconda Mont on July 25 25 1930 seeking payment on ona a 2000 note Other defendants in the case who are scheduled for preliminary bearings hearings hear bear ings on Friday are Nathaniel Baldwin Bald Bald- win Harvey Penney W. W H. H Haueter Floyd Dixon and Einar Brown s |