1339

New Monte Cristo Mining Co. Stocks Signed by Swindler CC Julian [200877]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:10.00 USD Estimated At:100.00 - 200.00 USD
New Monte Cristo Mining Co. Stocks Signed by Swindler CC Julian [200877]
SOLD
25.00USDto a***********s+ buyer's premium (6.25)
This item SOLD at 2025 Sep 19 @ 11:28UTC-07:00 : PDT/MST
FINAL AUCTION RECORD The Auctioneer’s podium notes serve as the final, legally binding record of the auction results, superseding any electronic bidding records. See Terms and Conditions
Inc. in Nevada. Two stocks issued in 1927 and signed by president C.C. Julian, the notorious stock swindler. The New Monte Cristo Mining Company's principal place of business was 146 North Center Street, Reno, Nevada. 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.
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Date: 1927
Country (if not USA):
State: Nevada
City:
Provenance: Ken Prag Collection