Ogden Standard-Examiner | 1926-08-16 | Page 5 | Fraud Charged in Florida Sale

FRAUD CHARGED IN FLORIDA SAL SALE Real Estate Commission Cites False Promises of Firm FirmI I ORLA- ORLA ORLANDO DO Fin Flo Aug By iS-By The The Associated Press Press false promises falso false advertising and Improper and fraudulent dealings the Florida real estate commission has hs filed flied a complaint the T City corpora corpora- corporation tion hero and asked that the tho red real estate license of or the tSe corporation be revoked re The Tho Textile City corporation proposed to establish a manufacturing turing city In Volusia county One factory was started and was blown down n by bythe the wind the petition charged complaining that the tho cor- cor corporation corporation sold approximately SO- SO worth of lots without filing a 5 plan with the city clerk Ot Of 0 this money was spent on the property and the rest on er adver- advertising the commission lon allege alleged The corporation was ur organized with the tho stipulation that It should have a capital of or but only was paid Into the treasury and only was as placed d In trust Instead of the agreed the tho complaint sta stated ted 00