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STOCK CERTIFICATE - UNITED STATES CASHIER COMPANY - Famous 1915 Stock Fraud Case
$ 3.69
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Description
ITEM:STOCK CERTIFICATE – 5 Shares
UNITED STATES CASHIER COMPANY
Famous Stock Fraud Case 1917
DESCRIPTION:
UNITED STATES CASHIER COMPANY
Stock Certificate – 5 shares
Dated August 30, 1911
Beautiful old certificate from an estate (the previous owners were homesteaders in Oregon).
Nice old American Eagle - Signed by Frank Meneffee and the Asst Secretary
FAMOUS FRAUD CASE – the company was indicted on February 27, 1915
A NY Times article states the following:
PORTLAND, Ore., Feb. 27. -- A million-dollar swindle is charged against officers and salesmen of the now defunct United States Cashier Company of this city in an indictment returned by a Federal Grand Jury today. The indictment charges conspiracy and misuse of the mails on the part of Frank Meneffee, F.M. Lemonn, O.E. Gernert, B.F. Bonnewell, H.M. Todd, Joseph Hunter, O.L. Hopson, P.E. Muraine, Oscar A. Campbell, and Thomas Bilyeu.
There is more information regarding the scandal that can be found at Scripophily . net
An engaging and interesting glimpse into American history
CONDITION:
GOOD PLUS CONDITION
The certificate has been folded to fit into an envelope, but has a small tear at the top, replicated three times due to the fold.
The reverse side has a discoloration - see photos. Also on reverse side, there is a signature at the bottom, in pencil.
In its original condition, stored in a trunk more than 100 years.
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