Joseph J. Haskin, a railroad locomotive engineer of Oakland, Calif., invested in Tonopah, Nevada gold mine (1929). Mine was taken over by F.E. Horton, who had been president of the earlier operation, in late January of that year. Horton announced that he would allow stockholders in older company to transfer stock to new company for payment of two cents per share. Many investors unable to pay this fee lost their holdings. Haskin seems to have helped sell shares in original company in San Francisco Bay area. His customers expressed concerns about new arrangements, while Horton repeatedly reassured them. Finally, Haskin paid his assessment and renewed his stock (June 1929). Haskin also invested in various San Francisco Bay Area companies through his union--the Brotherhood of Locomotive Engineers--which held a controlling interest in Pacific Brotherhood Investment Corp. This group was investigated for financial malpractice (June 1929).
From the description of Haskin/Tonopah Gold Mine papers, 1929. (University of the Pacific). WorldCat record id: 35299248
