| Los Angeles, Aug. 28.—(AP)—2id-
ward L. Doheny and directors of the
Pan-American Petroleum and Trans-
port company, today faced a bill of
complaint demanding an accounting of
$10,000,000 stockholders allege they
lost in the fradulent lease of the Elk
(Hills Nava! Oil Reserve.

‘The complaint, filed in behalf of
Prank H. Kunkel, Cineinnati, and oth-
er shareholders, declares the loss re-
‘sulted from the cancellation of the
lease by a decision of the United
|States supreme court after the com.
/pany had spent several million dollar:
‘in the development of the field.

| The lease was negotiated for thi
'government by Albert B. Fall, ther
‘secretary of the interior.

The $100,000 delivered to Tall by FE
'I., Doheny, Jr., in the much discussec
little black satchel,” was declared ii
the suit to have been given by th
stockholders and used as a bribe. Al
accounting of his exchange also i
asked,

Kunkel sets forth in the complain
that neither he nor-any of the plain
tiff stockholders had anv knowledge o
the negotiations and describes Dohe
ry’s conduct of the deal as a “frau
not only against the United State
but also against the Pan- Americat
;company and its stockholders.” Do
iheny is charged with dominating th
| niintyuneiste come y when the leas
was signed.

 

 
 
ae ANGELES, Cal.—(4)—Ed ward
L. Doheny and directors of the
Pan-American Petroleum and Trans-
port company Tuesday faced a bill of
complaint demanding an accounting
of $10,000,000 which stockholders
allege they lost in the fraudulent lease
of the Elk Hills naval oil reserve.

The complaint, filed in behalf of
Frank H. Kunkel, Cincinnati, and
other shareholders, declared the loss
resulted from the cancellation of the
lease by a decision of the United
States supreme court after the com-
pany had spent several million dol-
lars in the development of the field.

The lease was negotiated for the
government by Albert F. Fall, then
secretary of the Interior.

The $100,000 delivered to Fall by
I. L. Doheny. Jr... in the much dis-
cussed ‘‘little black satchel,”’ was de-
clare in the suit to have been given
by the stockholders and used as a
bribe. An accounting of the exchange
also is asked.

Kunkel sets forth in the complaint
that neither he nor any of the plain-
tiff stockholders had knowledge of
the negotiations and describes Do-
heny’s conduct of the deal as a
“frand not only against the United
States but also against the Pan-
American company and {ts stockhold-
ers.”

Doheny fis charged with dominating
the affairs of the company when the
lease was signed.

 
 