Show t tI r r I TART OIL It fRA FRAUD D N 1 More z r Than rhan 1 I- I fI laken From Public fed Federal ral A Agents gents Say Many Firms Indic Indicted ed NEW NEV Ew YORK June Juno A 24 A Au drive all d misrepresentation mis mis- y u p aga against alleged gc rePresentation representation in the sole sale of or oil securities was started today by federal officials hero with an- an of ot Indictment of ot four oil I companies several stock selling c concerns concerns concerns' con con- n- n cerns cerns' and fifty my Individuals by a grand Jury In In- In tl the e United States district court Use of ot the mails In a scheme to defraud w was s' s charged Federal of officials oto ot- ot o claimed they h had d evidence that the public public- has been defrauded of ot more than thai through the schemes Involved ln In the Indictments NATIONWIDE PROBE P Inspectors were working today from Maine to California federal officials announced rounding up men mentioned In the Indictments I Several Wall street brokerage firms were were ere among the accused j The first Indictment was against I the Ranger Hanger Oil on company of ot Texas the Curtis Packer company Wall Wallstreet Wallstreet street t brokers and officials of ot the two two- concerns concerns Federal Feder l officials al alleged al- al this company was capitalized at and shares of ot stock here were Vere sold Th United Securities company a a. Connecticut concern was also accused of ot having used the mails to defraud in ts t's t s indictment I The second indictment accused the theW W W. P P. Williams company a Delaware corporation owning Kentucky oil la land d stocks oI officials of the company and J Joseph seph Bird Blyd Lexington K Ky prom promoter ter Also mentioned in this indictment is the Day comp company nY how itow now under ing-under l the name of the H If Morgan Morgan- organ organ- compa compan i a New York concern owning Texas oil land and the brokerage brokerage brok brok- rage company of ot Stickney Rawlinson Colclaugh of Bost p. p a and officials r of the concern NEW YORK BROKERS The Indictment also m mentions the following New r York brokers H. H Kent Holmes Co Thomas James Co E E. Heffron Sher Crossman-Sher- man man Co f e eThe The rhe third indictment Is against the Crown Oil on com company an a a vare Bele DeI w recon recon- concern con con- cern cern owning Kentucky oil on ll lands linds t ds the El kl M. M M r. r Fuller Co Nall street brokers brokers brok brok- ers B B. X Davs Dawson n. n Ne New v York broker B R BV V Hole Burlingame me Cal pr president of the Crown Oil on C C D D. Pratt J Lexington ton and W IV P P. WIl Williams l ms ErIne Er Er- ErIne Ervine Ine vine Ky y The broker firm qt v Greenbaum BIgelow Greenbaum Is acc accused sed of using the m mill mail ll to defraud in the sale sal of the Charles United Oil On and Gas company com corn pany parry in the fourth Indictment The officials of ot the oil company did not know knout of the alleged misrepresentation federal agents said The company was to toh have ha sold shares ve of stock The Great Western Petroleum corporation corpo- corpo ration 1 with offices in Chicago and andr r wells wells' in n Kansas and Kentucky and the Gedrge A A. Lamb Co of ot New NewYork York were accused in the fifth indict indict- mc merit ment t. t The George A A Lamb company Is alleged to have purchased stock for I 1 1 a share and sold it for for 5 35 5 |