Juan J. Tomadelli, of Buenos Aires, purporting to be an eminent electrical engineer, sold stock in his "Electronic Corporation" at $100 a share. He claimed to have invented, in his laboratory at Buenos Aires, a lamp which, by withdrawing energy from the air and bombarding a substance composed of sea salt, tin, copper, asphalt and paraffin, burned continuously for seven months, needed no recharging, and would have burned on till the substance disintegrated, had the laboratory not been destroyed by lightning. Suit was brought against him in the New York State Supreme Court. Many...
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