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Story
February 18, 1930
Imperial Valley Press
El Centro, Imperial County, California
What is this article about?
In Los Angeles on Feb. 18, District Attorney Buron Fitts urges jailed Jacob Berman, a former Julian Petroleum executive held in contempt, to reveal details of the $100M oil company's collapse amid a $12M stockholder suit, promising action on any valid charges despite political concerns. (187 characters)
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FITTS INVITES BERMAN TO TELL ALL JULIAN TALE
LOS ANGELES, Feb. 18. (U.P.)
Jacob Berman, Jack Bennett, former Julian Petroleum corporation executive, was invited by the district attorney's office today to "go as far as possible" in blowing the top off the ramifications that still trail the collapse of the $100,000,000 oil company.
The invitation came in a sharp announcement by District Attorney Buron Fitts after Berman, now in jail for contempt of court, told newspaper reporters he had refused to testify at the hearing of the $12,000,000 recovery suit stockholders have brought against former Julian officials and brokers.
Berman was held in contempt because of his refusal to answer questions.
"Yes," Berman told reporters, "I'll talk now but I don't guess anything will come of it. There are too many political angles and 'big shots' involved. That's why I wouldn't testify before.
"Some of the people are friends of the district attorney, maybe."
"Berman needn't worry," Fitts said. If he has any charges to make and if the charges can be substantiated, there will be prosecution.
"He can rest assured that this office wants this matter cleared up."
Fitts said that he expected to take a complete statement from Berman Thursday.
LOS ANGELES, Feb. 18. (U.P.)
Jacob Berman, Jack Bennett, former Julian Petroleum corporation executive, was invited by the district attorney's office today to "go as far as possible" in blowing the top off the ramifications that still trail the collapse of the $100,000,000 oil company.
The invitation came in a sharp announcement by District Attorney Buron Fitts after Berman, now in jail for contempt of court, told newspaper reporters he had refused to testify at the hearing of the $12,000,000 recovery suit stockholders have brought against former Julian officials and brokers.
Berman was held in contempt because of his refusal to answer questions.
"Yes," Berman told reporters, "I'll talk now but I don't guess anything will come of it. There are too many political angles and 'big shots' involved. That's why I wouldn't testify before.
"Some of the people are friends of the district attorney, maybe."
"Berman needn't worry," Fitts said. If he has any charges to make and if the charges can be substantiated, there will be prosecution.
"He can rest assured that this office wants this matter cleared up."
Fitts said that he expected to take a complete statement from Berman Thursday.
What sub-type of article is it?
Crime Story
What themes does it cover?
Crime Punishment
Deception
Justice
What keywords are associated?
Julian Petroleum
Corporate Collapse
Contempt Of Court
District Attorney
Political Angles
What entities or persons were involved?
Jacob Berman
Buron Fitts
Where did it happen?
Los Angeles
Story Details
Key Persons
Jacob Berman
Buron Fitts
Location
Los Angeles
Event Date
Feb. 18
Story Details
District Attorney Buron Fitts invites jailed former Julian Petroleum executive Jacob Berman to disclose full details of the company's $100,000,000 collapse and related ramifications, assuring prosecution of any substantiated charges despite Berman's fears of political interference.