Money scheme. Pyramid membership - Lake San Cristobal Club
Resort. Send 25¢, quota 5, six tiers. Description only. US, 1937.
The new "chain letter" purports
to be a mutual benefit organization selling memberships in "Lake San Cristobal
Club Resort, Inc." Lake San Cristobal is located in the heart of the Rockies,
in Hinsdale County, Colo. It covers an area four miles long and a mile wide,
according to the membership application blank received in Pampa Saturday.
The membership application admonishes the new member to obtain five more
new members. Each pays a quarter that goes into the "home office" fund and
benefit checks are to be mailed out to each new member on the basis of other
new members obtained. The membership list of six on each blank is worked
so that the name move up in old chain letter fashion and when your name becomes
No. 6 on the list you are then entitled to your first benefit check. The
central office retains 10 percent for its trouble in handling the deal.
The application blank sets forth that it is entirely possible for
the member to receive benefits totaling $1,562.50 in short order providing
all the new members get out and fulfill the requirements of obtaining other
new members.
Headquarters of the new Lake San Cristobal chain membership
organization, according to the application blank, are at 307 Union National
Bank Bldg. in Denver.
Published: Pampa Daily News
(Pampa, Texas), March 7, 2014, p. 1. CHAIN LETTER ON LAKE IDEA READ HERE.
"The chain letter is 'in again' - this time, all dressed up in
new attire, and it has made its appearance in Pampa. ¶ It comes form
Denver where two years ago was born another form of chain letter that
spread over the nation like wildfire, making for its Colorado originators
a pretty penny until Uncle Sam stepped in and put a stop to the practice.
[text] Entered by DWV, Aug. 12, 2014, p. 1.
me1937-03-07p1_LakeSC-membership_q5
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