[First Presidency to J. S. Page and Counselors]
We are informed that Bishop [John H.] Koyle is at the head of a company known as the Dream Mining Company; that the mine is being operated by revelation, and that the company is selling stock on the strength of a promise that the mine is going to yield immense wealth, which is to be used for the redemption of Zion; that it has already issued and sold large quantities of stock ... and that from time to time as the treasury has become depleted more stock has been issued ... thus presuming on the credulity of innocent members. Bishop Koyle and associates are carrying on their fruitless mining operations.
[First Presidency, Letter to J. S. Page and Counselors, as quoted in Minutes of the Apostles of The Church of Jesus Christ of Latter-day Saints, 1835-1951, Electronic Edition, 2015]
Post a Comment
Please Enter your Comment: