Monday, Nov. 03, 1930

Horizon Man

Stockholders of most of the following companies were worried last week. Mystery shrouded the values of their shares. In some cases it seemed that only a name, however fantastically impressive a name, was left:

Golden Centre Mines, Inc., including:

East Leadville Corp.

Leadville Colorado Development Corp.

North Leadville Development Corp.

Tin Corp. Ltd., including:

Bolivian Tin Mines Co.

Missouri Lead, Inc., including:

Midwest Mining Corp.

General Mining Co.

Windpass Corp.

Pacific Hotels Co.

Engineers Gold Mines, Ltd., Inc., includ'n. :

Sweepstakes Mining Corp.

Grass Valley Mines

Bourlamanque Mines, Ltd., Inc.

Oil Finding Corp.

Valley Mining Corp.

Phantom Oil Co., Inc.

Consolidated Chromium Corp.

Western Hotels Co.

Mines Information Bureau, Inc.

Security Mining Co.

Mineral Research Corp.

Metal & Mining Shares, Inc.

Metal & Mining Founder Shares, Inc.

Atlin Ruffner Mines, Ltd., including:

Atlin Silver-Lead Mines

These were the companies identified with Charles Victor Bob, miner, promoter, salesman who last fortnight neatly vanished (TIME, Oct. 27). Last week there was still no trace of him. As he had faded beyond the horizon, the following events transpired:

P: Metal & Mining Shares and Metal & Mining Founder Shares were placed in receivership.

P: A $371 lien was filed against the new Bob home at Montauk, L. I. Liens against it now total $6,900. Sculptor Vincent Yardum brought a $1,750 suit against Mr. Bob, the amount still due on a $2,500 bill for two busts of Rear Admiral Richard Evelyn Byrd. One was given to Rear Admiral Byrd, the other to Byrd's mother-in-law.

P: The pilot who flew Bob's airplane from Cleveland to Chicago said he understood Bob had more than $1,000,000 with him at the time, that his mechanic talked about a flight to South America.

P: The difficulties of Piperno & Co., specialists in Rainbow Luminous Products stock (TIME, Oct. 13) were traced to Bob's stopping payment on three checks totaling $110,000.

P: It was learned that August Heckscher, Bob-friend, had bought a $750,000 mortgage on the Westward Ho Hotel, Phoenix, Ariz., a Bob enterprise, the day after Promoter Bob vanished. Various sources said Bob had been in Phoenix that day.

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