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New Monte Cristo Mining Co. Stock Signed by Swindler CC Julian [165825]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
New Monte Cristo Mining Co. Stock Signed by Swindler CC Julian [165825]
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The New Monte Cristo Mining Company's principal place of business was 146 North Center Street, Reno, Nevada. This stock certificate issued in 1927 to CP Gould for 100 hundred shares is signed by president C.C. Julian, the notorious stock swindler. 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.

Date: 1927
Country (if not USA):
State: Nevada
City:
Provenance: Ken Prag Collection