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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (July 20, 1907)
'10 TIIE OMAIIA DAILY BEE? SATURDAY, .TTJTAr 20, 1907. OMAHANS SEER THEIR MONEY Local Inreitort in Tucker Oil Con ( cerni Trying to Eeccup. 7. W. AUHEUSER OATHEES DATA roursa of time; but It will be a lorn time and tha d!Yldnds will be small. Aa Aaat tor Other Storkhwld ra It Re tame from Tomt ot Inrrh for Evldeaaa ia Kiawa. After pndln two wwOts In niitomobllMi, fcuffflrs and on th train In Kansas hunting for evidence, Fred W. Anheuner ha- r turnrd to Omaha from a trip In the Inter est of Omaha creditors of the Uncle Bam Oil company of Arlaona, the aliened 'fake" concern of which H. H. Tucker. Jr.. of Kanaat City, Kan., wn at the head. According to the statements made by Mr. Anheuaer after Investigating the ense In detail, the South Sea bubble waa child's play compared with the plana of young Mr. Tucker, who graduated from the repor torlal ataff of a email Kansas new-paper Into the field- of high finance. The atory ha been told In court of the development of the Uncle Sam company, but It re quire some analyst- to bring the points of the deal to light. After falling to "make good" aa a reporter. Mr. Tucker became Interested In the oil fields at the time the Kansas producers were taking up the cudgels against the discrimination of the Standard Oil company. He formed the Publishers OH company, the majority of stockholders being newspaper men of Kan sas and Oklohnma. Gets NmbiT of t,eaeea. This company secured a number of leases and did some work, but Its principal out put was stock which was sold until It be came a drug on the market. Then Mr, Tucker organised the Farmera' Oil com pany, which went through the same course, The Uncle 6am company of Kansas Quickly followed the same route and then the big company, the Uncle Bam OH company of Artsona, waa formed. This waa In the nature of a holding company and a large part of the stock of the three other com panies waa held by It and through It Mr, Tucker controlled the affairs of the three corporations. Btock was sold In this com pany at prices ranging from 4 cents to 20 cents for a share having a par value of II until such sales amounted to more than 1,800.000. The company maintained large offices at Kansas City, Kan., having an entire floor of the Wyandotte building and employing scorea of clerks. The directorate of the company dominated by Mr. Tucker, whose father and wife, with himself, formed a majority, One of the plana of the manager waa to deduct from each remittance from stock subscribers 10 per cent, which In course of time waa declared to be a dividend on the stock and would be returned to the sub scriber. This generally produced another subscription. Coarse In II lab Finance. When the stock sales fell off until they became unprofitable Mr. Tucker started a course In high finance. He first bought from the company 100,000 shares of stock at 1 cent a share; then he decided that the Company should Issue bonds In place of stock. He then passed a resolution by whloh he was to have 10 per cent commis sion on sale of stock and bonds, the com pany to pay all expenses. He then traded bis 100,000 shares of stock for bonds, the , sharea being taken at 36 cents and the bonds on a basts of 12 cents, although they were being sold to the public at 60 cents. After he had placed 1270,000 of bonds cred. Itors began to push him. He decided to go , Into voluntary bankrupt oy. When he found he could not name the trustee In bank ruptcy he tried to stop the proceedings, but creditors made the proceedings Involuntary and ha was taken Into court Ha refused to obey the process of court and Is now In prison for contempt. Appeal to "toekboldera. While this litigation was pending Tucker Issued an appeal to the stockholders, say Ing the proceedings wore instigated by the Standard Otl company, which was seeking to drive a competitor from the field. A . large number of the shareholders believed this and In response to his offer to make I them safe with stock in one of the con earns, they sent him considerable aums of money and soma stock, the aggregate amount of cash being In the neighborhood of 140,000. This money creditors of the Unole Sam Oil company of Aiisona tried to else, hut have not been able to find It. In , court Tucker declared the money thus paid 1 mmm a trnat fund to be used In him AfAn. ;or returned to the contributors as they TOfylATO nigm arm ana. ' When this statement waa made isniffjti of Omaha creditors decided they would Ilka to sea their money again and Mr. Anheuser was aent to Kansas to get It, Tucker made , fair promises, but never produced the cash and the result was Mr. Anheuser waa eonv pelled-to make cause with other creditors. Satta to Probe Sttnattoa. An attempt Is now being mads to got at the bottom of all of Tucker's transactions and In pursuance of this Involuntary bank ruptey proceedings will be Instltutod against the Unole Sam Oil company of Kane, the Publishers' Oil oompany, the Farmers' Oil company and II. H. Tucker, jr., lndhrtdu ally. This may bring all parties and all cash Into court where the affairs of all may be settled. One of the main difficulties tn the settle rrtent of the estate la the unknown value of the assets. In the palmy days ot the vari ous concerna the most liberal contracts were made wtth owners ot oil lands. In many cases they provided for a f per cent royalty and forfeiture of the least of opera tions should be suspended for mora than a week at one time. Such suspensions were common and a large number of the leases may be declared forfeited. The city of Topeka gave the company a refining plant in consideration of the refining of 100 barrels of oil a day. No such volume was ever refined and the city Is talking of for feiting the grant. These grants and leases are said to be worth about 11.000,000 by Tucker, but not by the creditors or the trustee. The trustee Is managtng the business at present and Is said to be clearing about put a day from the business If all the property can he held together under con servative management, tn the opinion of Mr. Anheuser. It can be made to pay and creditors may receive their money In the BOY'S LONG TRIP TO OMAHA Little Benjamin Meyeraon Rnronts from Minsk, Raaala. to Parents. NEW TORK. July 19 Adorned with a motley array of tags, which were pinned on his coat, shirt and trousers In many cities on the route from far-off Minsk, Russia, to this city, 7-year-old Benjamin Meyerson Is quartered In the Hebrew home for Immigrants In this city. He Is bound for Omaha, where his parents, who left Russia several years ago, now reside. The boy remained with his uncle until recently, when his parents sent for him, and he was started alone on what prob ably has been the most remarkable Journey ever taken by a little feflow of his age. Benjamin's uncle tagged him so that the railroad men might know where to ship the tiny human freight. He also ap pended to the boy's coat a request that wherever the wee Journeyer stopped he should be bathed. The child has been scrubbed In a score of cities. At each point where the boy changed cars he waa retaggeU, until when he ar rived two days ago on the Etrurla he looked like a misshaped trunk that had gone through the grand tour. From his parents It la learned little Ben jamin Meyerson left Mltou, Kurland, In Russia, near the Oerman border several months ago with his parents, Mr. and Mrs. Levin Meyerson, when they set out for America with four of their children. The two oldest boys, Samuel and Herman, have been In Omaha for several years and the family came to find them. At Liverpool Benjamin, who Is the youngest, fell sick, and for a time he was not expected to live. When he began to recover the others left htm In the hospital in care of the authori ties there and continued the Journey. They arrived In Omaha about six weeks ago and are living with their two Americanised sons at Twenty-fifth and Bprague streets. The two boys are employed aa drivers by an Ames .avenue grocer. They were In formed by a telegram Thursday that Ben jamin reached New York, tagged like a package of express, and would be sent on as soon as possible. His father sent trans portation and he is expected about Sunday. He haa never been to school and can speak nothing but small boy German, but his brothers declare very proudly that he Is a bright little fellow and can get to his desti nation without any difficulty. BRILLIANT B0YMAKES MONEY Wins with Rnttermllk After Vain Ef fort to Rain Competition in Lemonade. This Is the tale of the commercial en terprise of a small boy and Its success. The hero, a 10-year-old youngster of Bellevue. brought a five-gallon can of lemonade to the plcnlo of the Omaha Real Estate exchange, which was held at Bol levue Thursday. Business prospects looked dark from the first, for It happened that the realty nam brought lemons along and made two barrels of lemonade and natur ally refused to pay 6 cents a glass for what they could get for nothing. For about an hour the boy yelled his ware In vain. Finally a happy thought struck him. "HI there, mister," he shouted to E. A, Benson, who was passing, "please "watch toy lemonade a minute. I want to seo what kind of stuff you fellows have In them barrels." Mr. Benson obligingly stationed himself near the can and the lad went to a barrel and took a long draught. Thanks, Mister; tastes pretty good to me," he said, as he returned. In less than a half hour It seemed that all the boys In Bellevue were swarming about those two barrels. They drank and ran away, and seeing that no one objected, came back and drank again. When they couldn't hold any more, they took slpa of liquid and threw cupfula on the ground. About the middle of the afternoon the young merchant went to the barrels and looked In. 1 "Huh," ho grunted, "them kids Is no good at all. Them barrels is half full yet." He went away, taking his can of lemonade with him. Ha returned to the picnic grounds tn fif teen minutes with a five-gallon can of buttermilk. "Buttermilk, E cents a glass," he yelled. Lemonade will give you the stummick ache." Lata In the afternoon he went home with an empty can and pocket full of nickels. asnWsjasmajsiisiPSjasMSs aaafJaaaWawaaaOTa A New York Manufacturer s Samples Wome5noc Neckwear- 0c These are the very newest novelties in silk and embroidered ties white and all colors and one ol the biggest bar gains ever offered em- broidered muslin ties, lace trimmed silk ties, etc, actually worth up t 50c, at, each women s Msg 10c 25c Neckwear at 5c Gigantic clearing sale of women's, men's and boy's all silk and satin string ties and bat wing ties in all colors, worth 28c each, at, each w a a a 5 c Women's Elbow Length Silk Gloves ngth Milai Milanese 49 Made of extra heavy silk, 12 and lG-button length and Tricot weave, in black, white, tan and pearl, worth tip to $2.50 a pair, at, pair Ladies' Two-Clasp Gloves at 10c a Pair Lace lisles in newest patterns black, white, tan 1 g and gray all sizes, worth up to 50c at, H n 1 pair JLVr V Hosiery SaJe Ladies' Hosiery in allover lace lisle and lace boot effects, also gauze lisle 25c quality and splendid value at, 15c ISc Imported Hosiery novelties in lace boot patterns allover lace to the toe many styles, plain lisle and black, includ- g ing tans and browns, at, 2 5 C "3 5 C "49c M. PATCH A FORTUNE Men's and Children's All over Lace Hose, in all sizes, black, white and tan worth up to 35c pair, pair. . . . 15c Men's Hose Silk finished, mercerized, plain and lace effects black and fancy colors all sizes worth 25c pair, at, pair I5c SUMMER UNDERWEAR 1 6 Vac Ladies and Children's Ladies' Swiss ribbed vests, light weights, taped nfiflk nnd arms. at. each Ladies' fine Swiss ribbed vests, in extra sizes and ladies' umbrella pants, lace trimmed special at, C ff Misses' and children's sum- 3f mer underwear, all kinds and all sizes. pair Children's knit under waists Nazareth style, all sizes, at, each. 8c 100 CALLING CARDS XQ ANY STYLE TYPE PRINTED IN EAST ARCADE. . la TntrtywThre Yean B. Hfnrtcha Finds Qardea Worth Quarter of a Million. "When I first saw Omaha. In 1873 some mighty Una tomatoes wars arrowing; In a garden patch at Sixteenth and . Farnam, where the Myers eV Dillon drug store now stands." said B. Hlnrtchs. who visited Omaha this week for the first time slnoo ir when he left the Gate City after a year's residence. "An by the way, I understand that tamoto patch Is worth $200,000 or 1300,000," he added. In U7t Mr. Hlnrtohs was In the smploy of Hlnrtchs A Bonntag- of Chicago, crockery Importers. This firm Imported the first wholesale stock of toys ever delivered In Omaha and It went to the Goodrich oom pany, whloh had a store on ths south side of Parnam street. Juat west of Fourteenth. Mr. Goodrich didn't know anything about toys and all the Mils and price marks were In Oerman, whloh he didn't under stand. Bo he asked ths Importing firm to give htm a man to handle his business until he got a start Mr. Hlnrtchs came and took charge of ths toys. His employer liked him and he stayed a year, then left to go Into business for himself. Mr. Goodrich's lack of experience In the toy buatnesa became apparent to him as wen aa others, when he found just how many toys 14,000 would buy. That waa ths else of the bill. Mr. Hlnrtchs ts a brother of A. FX Hln rtchs of the Omaha Crockery company. He left Friday. KIN WANT TO BREAK WILL DF Relatives ot Mrs. Mary Oomtaa Left Oat Assert Saa Wn M tally Derail sen. "0WL"WIDE AWAKE We wish to announce that our OWL DRUG STORE at 16th and Harney li wtd open tor business. ' The Bchllta fire did not harm ua with either fire or . water and the small smoke damage was promptly adjusted by out Insurance people. The store was only closed about six hours. The beautiful -O.NYX KIN a" Soda Fountain la pret tier thaa ever. Our prescription de partment at 16th and Harney, like that at 16th and Dodge, Is In the basement and la equipped, amply, with men and material, t do the highest grade of compounding promptly aad correcUy. HERMAN & McCQXKELL DRU3 CO" COR. lath AND DODGE. Sftl DRUB CnilPANT fX7&, iOth. AKQ IIAXIXET. Relatives of Mrs. Mary Gorman, who by frugality and bard labor had amassed a fortune of over $11,000, are trying to break her will tn county court, asserting aha waa mentally Incompetent when aha made bef legacies. In the will she gives tXOOO to her brother, Tom Gorman; 11.000 to her sister, Mary Brown, and the same amount to Francla Brown, her nephew; 1600 to Tom Carmody, her nephew, with a further provision that ha shall receive the residua of ths aetata. She also gave 1 500 each to BL Patrick's Cathollo church and St. James Orphanage. Under ths residua clause Mr. Carmody will receive the bulk of the estate. The relatives who were left out charged Mrs. Gorman waa of weak mind and was unduly influenced. One of the Incidents related by ths wit nesses to show her mental condition was that a week before her death last January she wanted to go bathing at Lake Manawa aad afterward, to taks an automobile tide. It ts also asserted she failed to recognise relatives who had been ber best friends en4 ofics bad told a relative Ihuy would Wliei to Mew Read The Bee For ttvle at the following news BROADWAY THEATER NEWS STAND IMPERIAL HOTEL NEWS STAND KNICKERBOCKER HOTEL NEWS STAND HOFFMAN HOUSE NEWS STAND GRAND UNION HOTEL NEWS STAND ' HOLLAND HOTEL NEWS STAND WALDORF-ASTORIA HOTEL NEWS STAND NEW PLAZA HOTEL NEWS STAND BELMONT HOTEL NEWS STAND MURRAY HILL HOTEL NEWS STAND MANHATTAN HOTEL NEWS STAND ASTOR HOUSE NEWS STAND aaa ST M is a aBMaBBA-amBBBBaBBBaB, b mama's Xfvnm roo enwnr ! in Pwlss Cheese, Special Sale g per pound JOc per lb.. t., soo 59 New York Cream Cheese X Imported French Sardines, tin, L-i Case of 100 tins 111.00 Fruit Jars, pints, per dozen. .... .450 M Fruit Jre .ntiaxtfl. rinittin ........ 6BC jk Fruit Jars, H gal., dosen 5o t U Jelly Glasses, per dozen 10c Meat Department fj 6,000 lbs. Pork Loins (pig pork), per $ pound Ic ti Lamb's Tongue (cooked and pickled) j ready for the table, regular price C per pound, J6o; special for Batur- M day, per lb 150 A Dacon (sugar cured), 4 to (.pound 25 P'ces, per pound 15o fcj 1,000 lbs. Boiling Beef, per lb., lo ft Liquors ii Direct sf? Omaha. from Europe, In bond wine ever received tn the west. SS Forts and ShArrys, per gallon. ej rrora 12.50 to fj Rhine Wines, per case, at from' $ at. 8 s oo W A nn S3 $3;oo u I'M a . T" Jl . - - - ....... TPf,r SS' frm 8 00 t $36.00 - o""u e a a a . fl.VU R i Peaches 8 e ft . Fancy Elberta Peaches, per basket, $ 8 Thrini1' Y "WVlV "each "li H 1 T,lePean "n la short and this O nmy be the bent opportunity to set R your peaches for preserving. 0t Q 17th and Douglas Bta, Tat. Benglas ear Private Kzcaaase . vapi i1 91 For That Boy- YOUR BOY Vacation Is the season of the year when shoe leather is put to its hardest test We have Boys' Shoes that are well worth buying because they are good worth wearing because they are comfort able. All the "pinchy" parts are left out and every pair Is guaran teed. They are right la every way. $2.00, $2.25, $2.50 According to size. Drexel Shoe Co. HIS raroam SI. omca nours, g:w to :30 a. m.. 12 00 to 2-ao p. m. Telephonu Harney 6S9. OMAHA VETERINARY HOSPITAL 2N10 Mason Street, Omaba, Neb. H. I Ramacclottl, D. V. 8.. Deputy State and City Veterinarian, Food Inspector, Chief Surgeon. 1. C. Scott, D. V. S., Hos pital Surgeon. HOTELS AND SUMMER RESORTS Stratford Hotel (1 (European Plsni Chicago, Ills. Offers you refined, quiet end slegant so commodatlona. Located cornet o( city's two flneat boulevards, II It conveoleot to entire busineas center and eloae to beat theatre anil shopping district. 224 rooms. 150 private baths; luxurious writ Inar snd reception rooms; woodwork Buhorsnr throughout! brass beda and oil modern comforts ; telephone in every room, beautiful dining rooms the best of everything at moderate prices. Mlfrildnn and Jackson Blvds, Chicago all dance when her brother Tom died. Her mind Is said to have been turned by the death of a favor' W niece In Ireland. TEN CENTS 0NTHE DOLLAR rata taat Awaits tke Creditors at J. P. O'Brien, Reported as Baakrapt. Creditors of James P. CBrten will re ceive 10 cents on the dollar In the opin ion of some of those who are Interested In ths bankruptcy case tn federal court. Since Mr. O'Brien opened about two years ago ha apparently haa been running behind at the rata of about t&00 a month. It la es timated his debts will amount to 113,000 or (11,000 and ths schedules of his assets dis closes the property will not amount to mora than tl.Su0. Out of this he Is entiled to M)0 exemption and from the balance the coata of the bankruptcy proceedings will have to be paid. Sworn rehedulea of bis property are now being prepared and will be tiled la the case within a few days, j OUR 60c SMART SET CHOCOLATES on Saturday only for 29 Cents Myers-Dillon Drug Co. 16th and Farnam. CHICAGO BEACH HOTEL American and Kuropsan flan Finest Hotel on ths Great Lakes On tbe edge of town, this ideal Hotel, spacious, elegant, modern, overlooks loir. Mlln... tiiissnainsiia on two sides, while IK cityisbut 10 minutes ride from the nearby station. Many families make this their permanent home. There is always a cool breeze la warmest weather. 4S0 large outside rooms, 250 private baths, 1000 feet OfbroayJ veranda. Thetablels always thehest. Toaritsandtraoslentraesta find it a delightful place lostop en route and rest. Address for handsomely Illustrated Booklet, giving full particu lars, Manager. Chicago beach Hotel, Slat Blvd. sad Lake bhora, Chicago. 8 OUR MEN'S $3.00 OXFORDS Three Dollars is rather a low price for a good pair of Men's Oxfords. Many young men who would like to buy Oxfords at this price are afraid to do so, fearing they will not be satisfactory. WE SELL $3.00 OXFORDS that are satisfactory in every way the styles are the same as high er priced Oxfords and the shoe making is splendid. i ii i ens ouiis i 1 FRY SHOE CO. 16th and Douglas Streets. iiimfawntHii REDUCED OHE-WAY RATES Effective July 19th. OMAHA TO Chicago $10.00 Peoria 7.95 St. Louis 8.50 Galesburg 6.90 Burlington 5.99 Kansas City 4.10 St. Joseph 2.85 Atchison 3.50 Leavenworth 3.82 Quincy 7.15 Proportionate rates to other destinations on Burlington Route in Iowa, Illinois and Mis souri. Tickets, berths and all information. J. B. REYNOLDS, City Pass'r Agent, 1502 Farnam St., Omaha. WORTH UP TO $12,50 Men's Pants WORTH UP TO $2.50 PANTS WORTH UP TO $3.00 00 PANTS WORTH UP TO $5.00 Suspenders WORTH . 50c AND 75o SALE PRICE Men's Underwear THE KIND FURNISHERS GET 75c FOR SALE PRICE 35c Guarantee Clothing Co. 1519-1521 DOUGLAS ST. A Pepar for the Horn THE OMAHA DEE Best Vest .PATENTS that PROTECT I R S i A. B.UCE'.Waihington.O.b. tftah- 18ff). 3C F1G8-E SL ore STOCK Great Reduction in Prices! Drug stock, slightly damaged by smoke, to be closed out as fast as possible, to make room for entire new stock. BARGAINS IN EVERY DEPARTMENT 40c Tooth Brushes, each, 10c to 1 5c $1.00 Princess Combs, each 60c $1.25 Hot Water Bottles, each 49c Hand Brushes, Hair Brushes, Talcum Powders, Perfumes, Toilet Paper, Writing Paper, Envelopes, Soaps, at one half to one-third real value, as long as they last. Our Prescription Department was entirely destroyed. All prescriptions will be filled from entire new stock. HOWELL DRUG CO. 16th and Capitol Avenue You Can Afford to Stock Up for five Years at These Prices. lira. WinsloWB SoctMag Eyrcp m Fas bn nsM tor ow BriTI-FIVE YF.AR8 fc VltUONS ut MOTBMtS f.r ibdr rHII.IBK!f V HII K 'I KKTH! NiV with PFRKFx'T RT'C KS. II rml !orI)lAJaiH(IA. Srt vt tbs wurlil. bu sur jw's K.-'(hii. Byrui'." 'writr-fit rnu s btt tjid Irii. Art. Jun. AS OUi AU sll PA.JN: C'I'RKiCVikd COI.IO.aud la tb lt lori'iutiimiLA. Bom oj iiryrn.taio aTtiry tuawurliL bo aura and uk lur "Mrs Wina- ttU Ou.raut4 uti1r tha ZOU aktlsHlt. . Are You Going lo St. Loots? Tha Hotel Hamilton Is a aallcbtful place In the Beet Resident aeclloa and away from tbe noise and smoke; yet wltktn tmMy access. Transient Kite: U to U it 00 per day. uty peatn Plan. 8ptial Hates ay tbe Week. Watts for Booklet. Addreea W. f. Wll.MAMr.ON Manager. I1HM.TOH HOTaL, Ut. aOVTaV Now is the Time to Apply for Office "While there is practically no vacant offices in the building today, changes among tenants are being mado from time to time; give us an idea of what you want and as soon as we can accommodate you, we will notify you. Put in your application now. The... Bee Building is the best known office location in Omaha; every one knows where the Bee Building is. The building is al ways in perfect repair; it has been kept m and you can count on it being the same as long as it stands. Room 418 Bee Bid?. R. W. BAKER, Supt. y USaQV