| Show iff WIRELESS TELEGRAPH GOI CO inspectors Raid Office President and Vice And Arrest President of Concern CHARGED WITH SWINDLING I 1 L t Jr I ir It ItI I iirI JUrn Jn 1 e tI York raided mille tho tta hand i In pe Ices fhe flIer of ot tho the United d D company and T I 1 nf of f Christopher C td tM 11 Clu or of the uie iLau pr i ln ue a H nr t vice W 1 n I nj rJ J which Ph vew ew York olk or fInK agency t f 1 til t It li COlli I U II I ny R n RII nIll o M rI t II F mp i in I a gell Ill tIr I M I UI 1 t I i J i irv i Jr In Iri chirt iier I i I In be b ri fl rv eu U t II fl ini 1111 n the th C he company lIft hUll him been boon running at a 11 lu Iou Ion the price of o It II Iii him advanced by to tu values and 1111 that Individual I 1111 1 of u th lila company ha o sold roid 0 hi out their stock to tu 14 tho tilO Ken gen oral public nt ut n a In III one olle Instance at ot between live flo and 10 JO million minion dollars dollar Una 1111 on bali and smi on 1100 0 bull ball tor for appear appearance juice ance un n July 12 when n a 1 further furl her hear hoar Ing ng will be bc held before a n federal coin COlli missioner was III arrested at ut athis his hll farm near N Y Yand Yand and hero tnt for 11 could not nUl ball lind spent tho the night In the Tombs Tho The lit nt if use of ot tho the malls Is l I given an all tint tho of ot a n on Mardi I 3 I 1810 1010 to Michael of III Waterbury COlin Conn Thorn lire are of tt the company throughout tho the country mild Inspector Iti Mayer In III his hi ninny ot of whom linIn have placed their say sayIngs R trill Ings In the he elock of the Iho through tRIo taIs by IJ byus ItH us II Tile Tho real nelll assets of ot the company connoting consisting ot of land sinuous and real teal estalo of or nil flu kinds appear to bo be worth at nt u a 1 estimate e or an actuAl worth of ot two to cents n a share Tow million shares hay hn ben bren Issued l 1 nt III a n nr alun of lit 10 but tut the tho HI nek linn has b put up ni I to 10 DO 50 5 n a ashare share Thus This Dm thu Inspector In Ills hili statement by II taking the lant amount quoted of nt actual its IM H sets Irta nt nL tO ro a n the 1111 stock lOlk Is worth milty I II as 11 Ii Is III to lu or n a arlit Tim fh In tn Inspector portor says nays 1 11 the company was us originally Incorporated af as tile the III Amal Amalgamated In III HOI 1904 In lit 1901 It took over the tho im us sets and business of ot the thu After Amer American Iran ican Ic 11 1 I 1 Forest Ii Telegraph company CampOli which won then running at nt it II loss exchanging It its own as e on all a 1 10 to 10 1 t busies basics At t this thia tune time sa nj the tho statement whet when offIcers nf of o the Ihn Do De Forest company II were conniving ing III to in abandon It II mitt anil leavo lelo the tho stockholders stock stockholders holders hoMers a 11 mass Ut of if worthless worthIes Its 11 tuck stuck had hun forred fored to 10 an nil alleged S vii I u ti of ot 11 a 1 share or 1210 above I par Ir Another hum Horn In Ilia statement Rent out OH L to 10 a wits nR S patents anti anil patent rights M Tho 1111 Tim of 01 the Iho company were wAn recently audited by bya b bya a n unit firm of it who hn place the th bonk hO values of till at lit 2013 The Tue of ul the 1111 th have hass sold old to tn the public nt ot shares nil the while that they the WHO wera holding their own shuns ant putting tho money received trout from this the public Into tho th plants of 01 the company One Oft of ol th iii Is III believed to have cleaned tilt lip and possibly nt lit prices ranging front from 10 0 lo to o The Tho other have profited In proportion tion |
