Richmond Palladium (Daily), Volume 45, Number 196, 25 June 1920 — Page 2

PAGE TWO

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND., FRIDAY, JUNE 25, 1920.

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OIL PROPERTY IS WORTHLESS, CHARGE IN U. S. INDICTMENT

(By Associated Press) ' NEW YORK, June 25 A dozen or more of the 50 persons caught In a pet spread by postoffice Inspectors lor operators suspected of using the malls to defraud through the sale of worthless oil stocks were expected to appear in federal court here today for arraignment on Indictments returned yesterday. The indictments, five in number, charge four oil companies, ten brokerage concerns and 50 individual defendants in various cities with having used the malls to circulate "literature" which resulted in the purchase of aluless stock by hundreds of customers. Federal authorities said the total of sales would run into the millions. Further indictments are promised. Lewis C. Van Riper, formerly secretary to Thomas W. Lawson, was the only one of the Indicted men Tho appeared in court yesterday He appeared voluntarily and was held" in $20,000 bail. ' The Indictment against Van Riper names also the United Securities company' of New York and Boston, In which he is said to be heavily inter

ested; the Ranger Oil company and Curtis Backer and company. New York brokers. All are charged with promoting the sale of Ranger company etock which, the indictment alleges, "represents no more in assets than one dry well". In one case, the indictments charged, salesmen disposing of stock of the Crown Oil company falsely represented that a son of former President Roosevelt was an officer of the company, which, it was claimed, soon would rival the Standard Oil company in volume of business. Shares of this company, according to one of the indictments, were sold to investors in Chicago at $2.25 a share, and to "evade the western Slue aky law" later was disposed of here at $3 after costing brokers only seven and a half cents a share. Oil Companies Named The companies involved are the

Ranger Oil Companies, W. P. Williams Oil company, Great Western Petroleum corporation and Crown Oil company. The indictment against the Ranger Oil company and others charges that Curtis, Packer & Co., by misrepresentation, sold to investors at more than f 1 a share, 1,000,000 shares, which they are said to have bought at 20 cents. It also is charged that a brokerage firm, of which Ashley L. Holbrook was Baid to be the president and with which Louis C. Van Riper, Charles R. Morton and John L. McLean "were connected," represented that new wells were being drilled on the Ranger property when efforts to procure oil there had been abandoned. The United Securities Company, of which Van Riper was said to be president, is charged with disposal of ?300,000 worth of Ranger stock. According to the indictment George A. Lamb & Co. bought Great Western Petroleum stock for from $1 to $2 a share and then disposed of it to investors at $5 on false representation that the oil company was paying dividends of 12 per cent. It was misrepresented, the indictment charges, that its wells at Erie, Kan., were the fourth largest owned by an Independent corporation in the United States and that it had pipe lines. The indictment says it further was misrepresented that at Burk-Bur-nett, Texas, a gusher had been developed yielding 1,000 barrels of oil a day, while the company was said to have had only a fractional interest in town lots on which were no oil wells.

IT'S ALL OFF WITH SILK STOCKINGS AT ATLANTIC CITY

I If 111 ? W$ V

CITY TO TAKE EXTRA NAP ON JULY 4; NO CONCERTED ACTIONS

Celebration of Independence Day In Richmond on July 6, will be Impromptu. The only concerted action is the closing of stores, factories, postoffice, banks, newspapers and all other forms of activity, except railroading, police and fire department. Inquiry among oficers of the Amer

ican Legion, Sons of Veterans. D. A.

R., G. A. R., and the Women's Auxiliary of the American Legion, disclose that none of these patriotic organizations have plans for a formal observance of the signing of the declaration of independence. The last time when the city got together for a general Fourth of July celebration was in 1918. Lawrence Handley was marshal of the monster harade that went from the court house to Glen Miller Park. He said that parade was the biggest ever held in Richmond. Those who will chiefly enjoy the Fourth are the employes of Richmond business houses, etc. These will have

a two day vacation and hundreds are planning days of rest, picnics, fishing trips or visits. Junior Richmond will have Its annual big noise. Plenty of racket can be made with the fire crackers permitted by the city fathers. The taboo on balloons will be felt by junior Richmond.

BLACK

FLAG

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as where files are trouble

some and in ten minutes

very fly will be dead or

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ffliea. No toison. no

mess. Ask for Black Flag in the sealed glass bottle at

drug, department, grocery

end hardware etoree. Three elxee, 15c, 40c. 73c. Black Flag, Baltimore, Md.

K. (1

FRECKLES Now Is the Time to Cet Rid of These Ugly Spots. There's no longer tfie slightest need of feeling ashamed of your freckles, as O thine double strength is guaranteed to remove these homely spots. Simply get an ounce of Othine double strength from any druggist and apply a little of it night and morning and you should soon see that even the worst freckles have begun to disappear, while the lighter ones have vanished entirely. It is seldom that more than an ounce is needed to completely clear the skin and gain a beautiful, clear complexion. Be sure to ask for the double strength Othine as this is sold under guarantee of money back if it fails to remove freckles. Advertisement.

H. C. CLOUSER will open the McCoy Meat Market at642 North Tenth Street with a full line of FRESH AND CURED MEATS Saturday Morning. June 26th

Left to right, with their painted hose, are: Annie Greene. Vera Colbirrn, Ruth Grey, Myra Cullen and Adele Christie.

The high cost of silk stockings isn't going to worry the younger class of girls at Atlantic City

any longer. These maidens have taken to having imitation stockings painted on their er limbs

with cil fluid, which is guaranteed not to run. The picture shows some of the fair ones.

SEEK FAKE LIGHT CO. INSPECTOR IN CITY

Officials of the municipal light plant Friday, were seeking the identity of a man who professed to be investigating the electric lighting equipment of residences. Superintendent Dillon said meter readers and employes of the plant carry badges showing their identity. Housewives are asked to make persons desiring to make an inspection of electric wiring and meters prove their identity. He was unable to learn whether the person about whom complaints were received at his office was trying to sell accessories or was trying to obtain data for burglarizing purposes.

ing that the I. W. W. be permanently enjoined from maintaining an organi

zation in Kansas, was granted.

A temporary writ

Central Labor Council Building Its Own Home Delegates to the Central Labor Council were instructed Thursday night, to present at the meetings of their vai--ious councils, tentative plans for building a permanent home for the Central Labor Council. The delegates were also instructed to explain before the individual unions, that locals" would meet in the permanent home as well as the C. L. C. A. J. Davis and Frank Irwin, were nominated for president of the council at Thursday's meeting. Nominations will be closed on July 8, when elections will be held. Other nominations were: Clarence McCormick and Harold Salters, ' vice-president; L. C. Martin, corresponding secretary; C. W. Snodgrass, treasurer; J. D. Smith, sergeant-at-arms. K. T. Holliday, Edward Helmich, Gilbert Henn, John Burlough and Vern Pentecost -were nominated for the board of trustees.

The Forum

(All articles for this column must

not exceed 300 words. Contributors ;

must sign their names, although the name will be withheld by the management at the request of tt writer. Articles having no name attached will be thrown into the waste basket.)

KANSAS DENIES I. W. W.S RIGHT OF ORGANIZATION TOPKKA, Kas., June 25. Charging that the Industrial Workers of the World Organization advocates acts in violation of the Kansas anti-syndicalism law, an injunction suit was filed In the District court at Eldorado, ask-

Your Summer Comfort

Whether you are going away or intend to stay at home, no matter if you plan on working' or playing, you want Cool Clothes for the Warm Weather. And you can come here to choose what you want with the assurance of finding what you want in Quality, Style and Price. You will be surprised how little it will cost to outfit yourself complete for Cool Comfort.

To the Editor: Few cities still permit the use of fireworks, especially the large cannon crackers, in celebration of the Fourth of July. Those that do, however, compel the persons celebrating to confine ihe discharge of fireworks to the Fourth. In Richmond, the bang of firecrackers has been heard daily for more than a week, much to the annoyance of men who work at night and must sleep during the day; to the irritation of old and sick persons and to the disturbance of babies. It should not be the work of the police to prevent the use of fireworks for two weeks before and for two weks after the Fourth. The police have other and more important work. It is the duty of the parents. Parents should have enough respect for their neighbors and for the laws and peace of the community to see that their children confine the use of fireworks to the Fourth. A VISITOR.

VIGRAN'S LADIES' SHOP 923 Main Street

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HOWARD A. MOORE, Tailor Dry Cleaning and Pressing Altering, repairing and relining of Ladies' and Men's garments a specialty Our pressing is all done by hand work delivered promptly and guaranteed! 921 y2 Main St. Over Bartel & Rohe's

PLEASE NOTICE My dental office will be closed the month of August. Dr. E. J. DYKEMAN.

OBREGON LEAVES CAPITAL (By Associated Press) MEXICO CITY, June 25. General Alvaro Obregon left the capital last evening for Sonora. intending to make the trip by way of Guadalajara and Manzanillo.

CANDIES Fresh Stock Always "Phil" Zuttermeister Now at 1103 Main

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Ladies' White Canvas Colonial Pump, with buckle, Louis heel

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Ladies' White Canvas Lace Oxford, Louis and military heel, at $2.95

Ladies' White Canvass 2-Eyelet Tie, with Louis heel, at $4.45

Ladies' White Canvas Theo Tie, covered Louis heel, at $4.95

Bowen & Fivel

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610 Main St.

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H. C. HASEMEIER CO.

HOSIERY & UNDERWEAR DEPARTMENT One of the most complete Btocks in southeastern Indiana. Goods that give perfect satisfaction. Complete lines of Muslin Undergarments in Corset Covers, Skirts, Drawers, Bloomers, Gowns and Pajamas. All the new novelties for summer wear are shown. Come and see the lines. They will be of more than special Interest..

KNIT UNDERWEAR FOR MEN, WOMEN AND CHILDREN Union Suits and separate pieces. We call special attention to women's Vests in flesh and white in both hem and bodice tops. See the silk top Union Suit for women at S3.25

CORSETS A NEW NUMBER in pink brocade with elastic top, extra value S2.25 Brassiers and Confiners FULL LINE in pink and white, open back and open fronts, plain and fancy, t0 S2.00

HOSIERY

LARGE LINE OF LADIES' LISLE HOSE in all the leading shades black, white, brown; special at 50 SPECIAL IN LADIES' THREAD SILK HOSE Good Quality in black, white, brown, grev and navy; special S2.00 FULL LINE OF CHILDREN'S PONEY HOSE in white, black and brown; priced from 40 to 75

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"VACUUM CX.EANE8. More Eureka Vacuum Cleaners are sold today than any other cleaning machine of its type. A new factory with an output of 1,000 machines a day was necessary to meet the demand. Housewives the world over, by their preference for Eureka, have created this demand. They appreciate theEureka because it is an air cleaner and air is an ideal cleaning agent. Study the small drawing below and you get anideaofwhytheEurekahasthepreference. Brooms and brushes get only surface dirt. With the Eureka air is forced, or "sucked," through the fabric into the machine; carrying all the dirt with it.

The Eureka supremacy lies in the fact that its motor draws a larger volume of air at a greater velocity,

hence it cleans deeper and more thoroughly. A demonstration will explain this clearly. Easy and Convenient Terms 3-Day Free

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Comparison With Others Sells Eurekas

3TENTH AND MAIN l z ii RICHMOND, IND.C