Judge — October 21, 1922 — page 30: what you’re looking at

Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.

Happy, restful days— ATLANTIC CITY, N. J. Combined in ownership and management. Hospitable, quiet homelike, Broad deck porches overlooking the sea. Beautiful pavilions and sun parlors. Pleasant rooms. Golfand yacht club privileges. On Beach and Boardwalk. Am Plan. Write for folder and rates. Leepsand LipPINCOTTCOMPA: The new Boardwalk Wing of Haddon Hall affords portunities for IF INTERESTED IN BUSINESS AND FINANCE, | keep informed by reading the Bache Review, a ten- minute weekly summary of the business and finan- cial situation. It focuses and interprets currents of to-day and indicates their trend. t to business men for three months, without charge. Jj. S. BACHE & CO. 42 Broadwe New York City BECOME AN EXPERT TANT AccouN LaSalle Extension Univer, Dept EH Chie you can complete High School Course in 2 Years this simplified His side of two years., Meate all requirements for entrance to college Sourses are described in our Free Bulletin. Send for TODAY. AMERICAN SCHOOL Dept. H 754 Drexel Ave. & Sith St CHICAGO PRESS CLIPPINGS Use them for your business, your pleasure, your hobbies, your personal gratification. or for any other motive, Multiply your own facilities for getting valuabl tion out of newspapers by taking advantage of our Central Press Clippir 1108 K. of P. Bide. = Elbert H. Gary By BOARDMAN RoBINSON. Investment Bureau Conducted by Theodore Williams Subscribers to Jepae are entitle to answers to inquirice on financial questions, and in emergencies to anever by aph. No charge is made for this serrice. p should always be inclosed. giving full name and exact street address. The Oil Schen HE hig State of Texas, besides pos- essing numerous other immense atural resources, is one of the | greatest reservoirs of petroleum in the | world. Vast quantities of this fluid have been yielded in the different fields; rich discoveries at new points are frequently made and production is enhancing greatly from year to y Sensational oil strikes and the rapid en- richment of occasional lucky men have had their inevitable effect in the Lone Star State. There is a continual oil craze there and adventurers have been flocking thither from all parts of the country. Many men wholly w with the | business are risking their own and others’ money in acquiring and proving oil terri- tory. Only a small percentage of these ed in making good. The list of honest, but. ill-advised, oil undertakings which end in failure would probably fill a bulky volume. But there is a_ still larger list of collapsed enterprises and this comprises almost numberless fake con- cerns started with the sole purpose of flcecing unsophisticated persons. The promoters of these display an ingenui in swindling that is something sat Attention is here called to only a fe these traps for the unwary, set in Texas 28 {ddress all inquiries to the Fin Anonymous communications will in nd case be answered. us are treated confidentially. A tioo-cent postage ncial Editor, Junae, 627 West jd St., New York, ners of Texas particularly, but also in other oil regions. 1, A corporation” is organized in regular form with an imposing capite tion, pretended valuable holdings : roseate predictions of profits and divi- dends. Sometimes dividends (though not earned) are actually paid for a time. Lying reports of production are. issued and deluded purchasers of share: in- duced to buy more or to urge their friends to buy. As soon as the fakers have dis- posed of all the stock possible the com- pany succumbs. 2. After a company fails, another or- ganization, equally unreliable, may offer to exchange its shares for those of the defunct one on payment of a certain per- centage of the e value as a bonus. The sum demanded may be more than the new shares are worth, and the pro- posed exchange may be only a deh or a group seeks puted oil land, charging more for a few square feet than the tract cost per acre. A reader of this depart- ment was recently offered a $60 plot of land “free” if he would only furnish names of twenty friends and pay for recording the deed. The promoter of such a scheme may pick up a fortune, whether or not he keeps his promise to sell small lots of