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Show uu ON !1C01MS Does $10,000,000 Business in Year Under Name of Geo. Graham Rice. NEW YORK, Aug. 5. Jacob Herman Her-man Herzig, who under tho name of George Graham Rice is said to have done a stock brokerage business of $10,000,000 during tho past year, was indicted today by a federal grand jury on a charge of using the mails to defraud. de-fraud. Herzig had previously been indicted in-dicted by a county grand jury on five charges of grand larceny. The latest indictment contains sixteen six-teen counts and alleges eight nets of receiving money from investors for stocks he never bought. James W. Osborne, II, assistant United States attorney in charge of the federal case said there were a hundred complaints against the defendant. de-fendant. Herzig was arrested last week and is under ?22,500 bail. Arraigned today on tho earlier charges. Herzig pleaded not guilty to falling "to deliver $1600 worth of stock to a customer. His lawyer said he was in correspondence corre-spondence with more than 54,000 persons per-sons all over the country, and urged a reduction of ball but the court deferred de-ferred action. |