Wall Street Journal, September 17, 1912, page 7:


Promoters of Company Arraigned in U. S. District Court to Plead to Indictments.

    Cameron Spear, principal promoter of the Continental Wireless Telegraph Co., and Charles L. Vaughan, A. F. Collins and Joseph H. Reall, associated with Spear, were arraigned in the U. S. District Court to plead to the superseding indictments, charging fradulent uses of the mail. The defendants were indicted on June 11, 1911, charged with using the mails for fradulent purposes, and were held under bonds for trial. The defendants were given until Friday of this week to alter their plea to one of guilty, demur to the indictment, or take such other action as they may deem proper. The bonds given on the former indictments were continued in this case. Postal authorities claim that Spear is the originator of what is known as the "suckers list" which may have been made use of by promoters of many fraudulent mining schemes.