Indianapolis Times, Volume 42, Number 5, Indianapolis, Marion County, 16 May 1930 — Page 7

MAY 16,1930.

SNIPING HERMIT DRIVEN TO OPEN BY TEAR BOMBS Suspected Cattle Rustler Holds Posse at Bay for 24 Hours. B a United Press RAY, Ariz., May 16.—A spectacular battle of the old west ended Thursday after a tweny-four-hour siege, when a hermit, suspected or

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cattle rustling, was driven from his tiny rock cabin by modem weapons of war—tear bombs. Heavily bearded and worn after holding a large posse of ranchers and peace officers at bay throughout the night, the man staggered into the open after a futile effort to avoid the fumes by swathing his head in a blanket. He gave his name ar Ed Mitchell, his age as 37 and said he was a stranger here. The siege began when a Gila county deputy sheriff and a cattle inspector attempted to arrest the "hermit” on charges of rustling cattle, which he butchered and sold to a ~ *'--i r-’ng. Mitchell fled to his cat . a *" tu. .. bu'oughold, commanding the enure canyon, aud me tvm called upon Sheriff Alfred Edwards for help. Throughout, the night a half

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circle of men directed a pistol barrage toward the cabin. It was planned to keep Mitchell in and starve him into submission. The task would have been a long one, fs the barricaded hermit had food for several days, it was discovered later. Several possemen dodged from boulder to boulder and into a snaliov.' ravine, Mitchell sniping at them from the cabin. From the ravine the possemen tossed the tear bombs into the cabin. The second barrage drove him into the open without his several rifles. Mitchell was brought to the Ray jail and later was moved to Florence. The maximum penalty in Arizona for cattle rustling is twenty years.

THE INDIANAPOLIS TIMES

SWEDISH MATCH KING TO RETIRE FROMJUSINESS ‘Mystery Man of Finance’ Is Bachelor; Among World’s Wealthiest. Bu United Press CHICAGO, May 16.—Ivar Krueger, Swedish match king and one cf the world’s richest men, was back in Chicago today where he made

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SSO in his first business transaction thirty years ago. Krueger announced his career as the ‘‘mystery man of finance,” is ended, and that he plans to resign from the directorship of his several hundred million dollar industries. Included in his holdings is the Swedish Match Company, the products of which are sold to 75 per cent of the world’s match users.

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In one of the few speeches he ever made, Krueger addressed the Chicago Industrial Club on world finance problems. Os his own meteoric career, the international financial leader said nothing. He did not speak of his visit to Chicago in 1900 when he dealt briefly in real estate and made his first SSO by selling a lot. Krueger’s profession as engineer

took him to New York, Mexico, Canada, South Africa and, shortly before the war, to Sweden where he organized his gigantic match Industry. A bachelor. 50 years old, and with more money than any but a few men, Krueger declined to tell to what activities he will turn in his retirement.

PAGE 7

OIL COMPANY IS SOLD Bu 1 nlitJ Press ST. LOUIS, May 16.—The Pierce Petroleum Company, the oldest oil concern in the United States, valued at $25,000,000, has been purchased by the Sinclair Consolidated Oil Corporation, it was announced here today.