Chieftain Royalties
Chieftain Royalties incorporated in Delaware in 1928 and conducted business in Oklahoma and Ohio.
Although it paid some dividends during a brief lifespan, the company lost its charters to do business in either state by 1931.
In Ohio, the Sandusky Star-Journal reported the arrest of a Chieftain Royalties salesman for violation of the state’s “Blue Sky Laws.” His offense was “making false statements about the earnings of the company he represented.”
The following day his 16-cylinder luxury automobile was seized by county authorities. (more…)
