et RT EOE eS

LOS ANGELES, AUE. 28,—Kdw ard
L. Doheny and directors of the Pan
American Petroleum and Transport
Company, today faced a bill of core-
plaint demanding an accounting of
$10,000,000 stockholders allege they
lost in the fraudulent lease of the
Elks Hills naval oil reserve.

The complaint, fied in behalf of
Frank H. Kinkel, Cincinnati, and
other stockholders, declares the
loss resulted from the cancollation
of the lease by a decision of the
United States supreme court after
the ‘company had spent several mil-
lion dollars in the development of
the field..

The $100,000 deliveted to Fall by
E. L. Dohney, jr., in the much dis-
cussed “Little black satchel” was
declared in the suit to have been
given by the stockholders and used
as:‘a bribe.

Kinkel ip the complaint describes
Dohney’s conduct of the deal as a
“fraud not only-against the United
States but also against the Pan
American company and its stock-
h@iders.”

The complaint further declares
that Dohney has disposed of his
controlling interest in the cowgpany
to the Pan American Eastern Pe-
troleum Company which is alleged
to be controlled now by the Stand-
ard Of] Company of Indian2.

_ The suit demands that ‘Dohney

personally be compelled to reim-
burse. the stockholders for the at-
leged losses.
_ Dohney refused to comment on
the complaint, declaring he woule
Submit it to his attorrfeys before
making. any announcement.
 
LOS ANGELES, Aug. 27.—(4)—
A bill of complaint, demanding an
accounting of $10,000,000, Was filed
tn the U. S. district court today
against Edward L. Doheny and the
Pan-American Petroleum and
Transport company. The  obill,
which charges that stockholders of
the company jost their sum through
alleged fraud on the part of Doheny
wal the beget Elk dar pe acan-

was y wy a shi ,
aw ‘firm on Sar oven
Kunkel, attorney, of Cincinnati,
who brought the evit tn the tnter-
ests of himself and other stock-
holders.

The bili declares that the
$10,000,000 was lost by the stock-
holders solely because Doheny act-
ed fraudulently in connection with
the leasing from former Secretary
of the Interior Albert B. Fall of the
Elk Hills paval oli reserve, and
through large eums spent in de-
velopment of the fields themselves,
and elsewhere in connection with
the deal. It demands that an ac-
counting be made by Doheny and
that such money as was expended
in the alleged giving of a $100,000
bribe to Fall, and in the develop-
ment of the fraudulently leased
fields, be returned to the stock-
holders.

The complaint declares _ that
neither Kunkel nor the other stock-
holders had any hand in the al-
leged fraud whereby the money
was lost.

   
 
 
 
   
 
 
  
 