CC Julian Signed Stock Certificate Trio -- Notorious Swindler 1927-31 [165829]
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Description
Lot of 3 different. Rare trio. 1-2) The New Monte Cristo Mining Company. Stock and bond. Principal place of business was 146 North Center Street, Reno, Nevada. Stock issued in 1927 to CP Gould for 100 hundred shares. Bond is for $100, 1928. Both signed by president C.C. Julian, the notorious stock swindler. 3) CC Julian Oil & Royalty Company. Stock issued in 1931, signed by CC Julian. Not cancelled. The Los Angeles Julian Petroleum Company sold hundreds of millions of dollars of fraudulent stock to naive investors. Julian sold the company in 1924 to Sheridan C. Lewis and moved to Nevada. Julian had three consecutive firms (Western Lead, Julian Merger Mines and New Monte Cristo Mining) that tried and failed to duplicate the success, short-lived and unsustainable as it was, he'd scored with "Julian Pete." One news article, titled "Julian Back, Vociferating," published in the Los Angeles Times on 27 May 1927, described how the colorful promoter returned and declared his intention to "put the crooks in jail." While he claimed to be protecting the stockholders, the paper pointed out that Julian had a half-dozen schemes that were undertaken with "a consistent and persistent effort to evade the laws provided for the safeguarding of investors." After jumping $25,000 bail, he committed suicide in March of 1934 in Shanghai. Nevada 1927-31 Ken Prag Collection
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CC Julian Signed Stock Certificate Trio -- Notorious Swindler 1927-31 [165829]
Estimate $300 - $500
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