Judge F. O. Levering’s Stock Transaction Greatly Interests Readers Publication of the story touching recent negotiations for the property of the Knox T. & R. Co., particularly the episode of Judge F. O. Levering’s stock transaction, carried exclusively in The Banner last Saturday, appears to have been the cause of not a little comment. The generality of this comment is in agreement with the opinion expressed which, while not charging ulterior or improper motives to the gentlemen who visited Mt. Vernon last week, holds, nevertheless, their propositions, if accepted, would have been profitable only to themselves or their company and not to the stockholders or creditors of the Knox Tire & Rubber Co. J. Frank Turner, who is a member of the firm conducting a pool room in the basement of the building at the corner of West High Street and the square, Monday informed the banner he had been disappointed in not meeting J. G. Feist while here. Unlike Judge Levering, his stock dealings in the concerns in which Mr. Feist had been interested had been wholly satisfactory. In 1918, Mr. Turner said he had acquired 69 shares of stock of the National Rubber Co. Subsequently this was merged into the National Rubber Products Co. and still later into the Hydro-United company. This holding has been increased by stock dividends of 26 shares, and he has been notified of an additional dividend coming Oct. 10. Mr. Turner says he has received each month checks covering his dividends in the Hydro-United Co.
The Democratic Banner
"Banner Story Cause of Much Comment" (1921). Newspaper Articles. Paper 82.