Kenneth D. Sture,Chicago & Eastern Illinois Railroad Chairman,Washington,DC

Title: Admits fraud to Senate committee. Washington, D.C., May 13. Kenneth D. Sture, chairman of the board of the Chicago and Eastern Illinois Railroad, conceded before the Senate Railroad Financing today there was fraud in connection with a 1932 RFC loan to his road. The loan in question was made in March 1932, and totaled approximately $3,600,000. The alleged fraud was in the road's application when it stated it had exhausted unsuccessfully all sources for borrowing privately
Creator(s): Harris & Ewing, photographer
Date Created/Published: [19]37 May 13.
Notes:
Title from unverified caption data received with the Harris & Ewing Collection.
On envelope: found near D2372.
Gift; Harris & Ewing, Inc. 1955.
General information about the Harris & Ewing Collection is available at http://hdl.loc.gov/loc.pnp/pp.hec
Temp. note: Batch six.
Subjects:
United States--District of Columbia--Washington (D.C.).
Glass negatives.
Bookmark /hec2009015831/
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