| Show STOCK RIGHTS ARE PUT OUT TO flEECE PUBLIC Subscription Plan Used to Sting Stockholders ol of Legitimate Cor Cor- Corl Cor- Cor CorL Corporations l pora By J EDWARD RD 8 81 Cider National e and amI Business roi toi lal s Po pt In-pt lion NEW YORK Feb reb One b-One One ot of the I conceived rich get rich get scheme which v lc ha has bee been immensely l I is on vil l lion tion rights lUI luie 1 Suckers tb in HI n t i Schema have been 1 fro f r o m I stockholders I In n 4 1 sell ell known j II mite companies T Among those re 1 re c victimized r rale ale ate stockholders ers In I some of oC Americas America's H largest lawt t companies w f ta The rights ruse rue Is ne new ne and It 1 has a aI aSS I SK strong sales appeal i because dh di paying dividend I paying corporations ons with strong finan- finan finanE K E A AB SCHWAB cial records some some- sometimes sometimes times limes allot valuable rights to their stockholders rake Fake promoters of or subscrIption rights right start oy Dy organizing a promo promotion tion company compan under a name that looks of Jt a well well-kno ell ell- and sounds like the name Th knon yn established Is 11 to cleate contusion confusion In the mind ot of the careless reader ot of o letters and PIOS- PIOS pios i oS LIT LIST OF or By Dy some devious means a list or of orthe othe the corporations s stockholders Is ob obtained tamed The Thel 01 aie ae e canvassed with sith n it aletter letter announcing that they have base ha e the tight right to subscribe to a certain allot allot- allotment allotment ment of ot stock berol c a 11 gh given ghen en date A right certificate is sent ur- ur urging ing jog the stockholder to It promptly properly endorsed with nith Ith re remittance attached co covering erinI the thc num nurn- number number ber of ot shires shu-es sub subscribed to This is h isto isto to create a false Calse l Idea ea ot of the value alue of the rights and that the stockholder holder cull nill III lose a R golden opportunity It if he doe nt buy Immediately The sucker Is contused by this hurry up canvass lIe He buy buys the false belief bellet that as a stockholder In an s Cs- es established corporation he lIe has an op- op opportunity op opportunity not open to the general pub pub- public pub public lic to buy additional stock In his 0 n company or shares probably just as valuable In what he thinks Is a legitimate legitimate legitimate mate subsidiary subsidiary- Ia fake ke subscription rights tock stock u usually is sold at 1 a share with the promIse e that It will soon be on the thc curb at which lO 10 which never happens Reloading 00 |
