Ogden Standard-Examiner | 1927-10-01 | Page 6 | New Issue in Julian Case

NEVI iw ISSUE IN JULIAN JULIA CASE I I I Bicak Brcak Develops clops Between I Berman and mul Rc- Rc Receivers I 1 LOS ANGELES Oct 1 my I.-my By The I Associated Press The The Times says an an op-n op break between the receivers of or the Julian Petroleum corporation and Jacob Herman Berman alias allas Jack Bennett so- so o- o called key man in the Julian pe petroleum pe- pe petroleum financial debacle has Disclosed that th the company will go Into bankruptcy If Is not notraL raL raised cd within three weeks While statements last night flew thick and fast between the receivers and attorneys for Bennett It was re revealed re- re revealed resealed sealed that although althou h millions of dol dol- dollars dollars doh- doh lars were ere said to have been paid out In usurious Interest on oil stock pools and loans only of this has hasben ben been b en returned to the corporation in spite of Indictments and warnings di directed dl- dl dIrected reeLed at it the leaders by the district attorneys attorney's office John F F. Murphy counsel for Ben Ben- Bennett Bennett nett replied to charges char es that his hl client cli cli- client client ent had failed to t. t keep his promise of recovering 1 in ten days by declaring the receivers ers Joseph Scott and H If L L. L Carnahan were wert to blame He said that in some Instances the re receivers re- re receivers have ha settled with money lend lend- lenders ers era for sums that were only a a. drop in the bucket compared with their asserted gains In usurious interest had hadIt It to not been for Bennetts Bennett's s Interference The report of the difficulty between Bennett and the receivers ers was said to tolie tolie tolie lie In a 11 difference of opinion as to procedure in recognition Interest paid on the stock pools and loans of the corporation and Ben Ben- Bennett nett nelt Attorneys s 's for the former leader header in Julian Petroleum stock operations Insist that he he- first should receive the moneys returned and In turn submit these sums to the receivers s.