Salt Lake Telegram | 1937-01-14 | Page 13 | Public Cash Misuse Laid to Rail Heads |

Type	issue
Date	1937-01-14
Paper	Salt Lake Telegram
Language	eng
City	Salt Lake City
County	Salt Lake
Rights	No Copyright - United States (NoC-US)
Publisher	Digitized by J. Willard Marriott Library, University of Utah
ARK	ark:/87278/s6740sxp
Reference URL	https://newspapers.lib.utah.edu/ark:/87278/s6740sxp

Article Title	Public Cash Misuse Laid to Rail Heads
Type	article
Date	1937-01-14
Paper	Salt Lake Telegram
Language	eng
City	Salt Lake City
County	Salt Lake
Page	13
OCR Text	Show Public Cash Misuse Laid to Rail Heads WASHINGTON. Jan. 14 UP Chairman Wheeler D, Mont) of the senate railroad investigating committee charged today that the late Van 8weringen brothers "used public funds to bail out one of their privately owned companies" shortly after the 1929 market crash. Committee records showed that General Securities corporation, a Van Sweringen firm, sold 600.000 shares of stock to Cleveland Terminal Termi-nal Building oompany, another Van Sweringen enterprise, at $1,200,000 abov th market price.
Reference URL	https://newspapers.lib.utah.edu/ark:/87278/s6740sxp/18464420