Word: eilertsen
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Dates: during 1934-1934
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...underwriters of the issue, had sold some 45,000 shares at 65? by means of '"devices, schemes, or artifices to defraud, or by means of untrue statements of material facts. . . ." Among the charges was one to the effect that C. Morrison Smith & Co. had solicited one C. Henry Eilertsen of Philadelphia by telephone in April, declared that Golden Quebec shares would rise $1 within four weeks. Speculator Eilertsen, who is office superintendent of the Philadelphia branch of Jenks, Gwynne & Co., members of the New York Stock Exchange, bought 500 shares at 65? a share on the assurance that...
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