The Sun.
London, England, 1862-05-14 00:00:00

THE LAGUNA SILVER MINING COMPANY.
(Limited.)
Capital, £20,000, in 4,000 Shares of £5 each.
Deposit, SI per Share.
To be paikon application, £1 in three months from the
date of allotment, and the remainder in instalments of £1 if
required

DIRECTORS.
John Wormald, Esq., Brockworth Manor, Gloucestershire.
Charles Rifle, Esq. (late of Mexico), Falmouth.
E. Edwards, Esq., C.E., 1, York-buildings, Adelphi.
NINE DIRECTOR.—J. R. Rule, Esq., Mineral del Chico.
AGENTS IN MEXlCO.—Messrs Bates, Barton, and Co.
lkoix.Bus.—Messrs. Robarts, Lubbock, and Co.
BROKER.—George S. Herbert, E- q., 73. Old Broad-street.
SECRETARY (pro tem).—Mr. F. Henderson Grieve.
Temporary Offices, 10, Bread •street-buildings, City.
The Laguna Mine is on the Vets. Madre, or mother vein,
of El Chico, which varies in width from 10 to 16 yards, and
it lies between the Arevalo Mine.on the west (which in the
hands of its Mexican owner now produces £20,000 to £30,000
annual profits). and upon the east the Rosario Mine, and
the esum end San Ratael Mine, which have also produced

enormous proti:s.
It will be seen, therefore, that. it would be impossible for
the Laguna Mine to be more favourably situated, and were
it untouched it would
offer every chance of success, but
this chance seems turned into something very like certainty
by the discovery of ore in the shaft which has been sunk 25
yards on the vein (here about 10 yards wide), at a point
close to the boundary of the rich Arevalo Mine, and at this
little depth the vein is precisely similar in character to the
latter, and contains silver ore throughout its entire width.
This Mine is situated in the Mineral of El Chico, 70
miles north the city of Mexico. It is in an undisturbed
locality, with an excellent mining population. The pre-
sent owner has obtained from the Government the licence
of the usual extent, with the sight to hold it for an un •
limited period, subject to the usual payment of £3 per cent.
on the value of the Silver produced.
The district of El Chico has been one of the most pro-
ductive in Mexico; and although it abounds in mineral
veins, yet it has but one great vein, which is called the
"Meta Madre," or mother vein, and is about 35 feet wide
on an avarage. The Mines of the greatest celebrity are on
it, and Laguna stands in the midst of them, in virgin
ground. Its having remained until lately undeveloped is
owing to an error of the Mexicans at a former period, who
sunk the shaft perpendicularly, while the vein bad a
southern declination of about one foot in a fathom ; the
result was that the shaft left the vein entirely, and the
Mine was declared of no value, and abandoned accordingly.
Having been found in this state by the present owner, he
proceeded to sink the shaft on the course of the vein, and
found it to retain its full width, the ore commencing from
the surface and extending all the way down, a depth of 78
feet, and to have ores disseminated throughout, In the
course of this operation the vein much improved, as the
ores became more massive, with a larger proportion of sil-
ver. And 30 tons of ore were raised, which produced 2,160
ounces of silver.
made to the Arevalo Mine
An An edit level is now being ,
which, when completed, will drain thF Laguna Mine to a
depth of 300 yards and upwards, which will be of great
benefit.
It is now proposed to sink the shaft a few fathoms deeper,
and then drive levels east and west; and should the ore
continue as it was lett in the bottom of the shaft when the
mine was suspended, there would be a commencement of
profits, with a nrospect of their increasing, as the mines on
this vein have been characterised by great durability. For
instance, the Mine of Arevalo, whose workings are within
50 fathoms west of the Laguna Shaft, has continued its
operations without interruption for upwards of one hundred
years, during which period it has given profits to the amount
of many millions of dollars, and is still a rich mine.
The similarity in the appearance of this mine to that of
Arevalo, at the same depth, is very striking, and being on
the same vein there is little doubt that Laguna will give a
similar result. This remark applies equally to the mines
adjoining it on the east, viz., "Rosaria, Jesus and San
Rafael," which are among the most celebrated mines of
Mexico, and which gave to Spain such enormous wealth,
and added so materially to her greatness.
It is particularly worthy of remark that the ores of
Laguna are of the most "docile" character, and peculiarly
adapted to the amalgamation process, by which the silver
can easily be extracted from the ores.
Extensive smelting and amalgamation works are close at
hand, where the ores can be reduced at a low price, as there
is much water power available, and the Company will
therefore have no need to erect works of their own.
The owner, Mr. J. Richard Rule, transfers two-thirds of
the property to the present Company for £1,200, the
amount expended by him, agreeing to superintend the
operations until the Company may think proper to appoint
another person. _ _

.... .
:t is estima`ed that an additional sum of £4,000 to £5,000
will be amply sufficient to bring the Mine into condition to
yield the most satisfactory results to the shareholders.
Prospectuses and forms of application may be obtained
of the Broker 4, Solicitors, or at the Temporary Offices of

the Company.
The deposit of £1 per share must be paid to the Com-
pany's Bankers previously to the application being sent in;
this sum will be returned in full if a sufficient number of
shares be not applied for, or if no allotment be made to the
applicant.

frHE LAGUNA SILVER MINING COMPANY
(Limited).—NO APPLICATIONS for SHARES will
be received after Twelve o'clock on THURSDAY NEXT,
the 15th inst. By order,
(Signed) F. H. GRIEVE, Sec. pro. tern.

DIMENSE INCREASE OF REVENUE 1—X1,000,000, ON
evasion of Stamp Act II since iB3o—' pious fooling.'
—(No. 3 a).—
OURTON- ON- THE -WATER RAILWAY,
Branch of Midland & Great Western.—Title doubts.
WESTMINSTER COUNTY COURT. Lieut. CHARLES
ACKERLEY, R.N., v. COLE, Solicitor, the defendant.
(Before Judge F. Bayley).—On the rehearing-clause and
sec. 81, ' touching 15s. costs against plaintiff on 23d April
last, in loss of 6d. Stamp Act memo and Folio-tax.'
This tortuous suit for payment of loss of time, and con-
sequently (by defendants' own letters to sign railroad deed
conveyance, on Plaintiff's IVUtonfe,-,Grey position in trade
right of patenteeship 1840), with duplex use of name in a
petition to the Master of the 'lolls Court on 27th Feb.,
having the word Brydges De Lacy disbared—to obtain a
railway judgment, six days before the expiration of 21st
:March—vide Gloucester journals of Ist, Bth, and 15th—as
of unlawful Annonze of Justinian Institute Code, lib. in,
tit. 26, § 8 (for their Guizot and Brougham Soo :, Act
Amendment of the Law for Benchers-club De Societato
in Aurea-bulla, pax religiose,' lib. I, tit. I, § 4), with Mercer
Co's L'expositionrs Civil bill decrees in N. Ireland.
The Judge held that the Plaintiff's time lost Nuts not
tenable, tho' in his name Act, there being no contract.
Plaintiff (with respect), maintained that as re-hearing
was admitted, so followed § 81,—reduction of costs with
Rolls Registrar Disraeli subpcsna fees, under judgment by
default, on Defendant's non-appearance.
This legal Procedure being granted, which by late act
placed the Defendants in a cleft .stick, the Court were some-
what surprised by the hasty uprising,• of an Attorney for
Mr. Cole, as Talbot v. Radnor & Sir G. Bowyer—Clapham
Atkin- Atkyns Chamberlayne trustees, by 1-2. Will. 'v.,*
N. 54, under which the Capt. (Ackerley) is heir 'in Chelten-
ham-let pivot remainder' for its Gt. Western Branch deed
on Baptist Hicks—life-title exchange—of Campden, &c. (as
given in The Sun of 28th April).
The Plaintiff reminded his Worship that as this case,
although small, embraced contempt of the Rolls Court'
Red evasion of the Stamp folio Act—[the revenue on which
be in creased to X 1,000,000 a-year]—whereon he offieially
' korirat Consul-meter-magistrate qualified at Worcester
remanded silencing of the intrusive Attorney of Cole,
9 could produce his Sixpenny stamped memo-
-Taney, since Advocates' College word ' disbarr
•i,ySTate loss on this § Anglo -Indian habeas
Qtinn wider .14 Geo. ITT., c. 83)—S0 for-
-.. 4) of all benefit from the document,
seen die-stamped.
'ttefl, on Defendant's contempt of
'ward's, 14 J. I. as the A'zenith.
-no use—mace of Car. zr.Ecosave.
His onour ordered the reduction of fees, and subpoena
112oney of Plaintiff's witnesses to be returned, with permis-
61°n of cese-reo,oval to Stow-tower County Court.
- Note--This Act of 1833 is the only one in which two
orotheri are named (to sue and be sued in all courts eccle-
sih",:nichll' military, and marine, under one name—Joseph
ecril3ine, ,:mereys
) one in the Royal Artillery end the
C his re' enry by law struck out] in Royal Navy,
state-set as the lirazil'd Montague 'o' of 18',5 over' Catho-
lic' Ennindpation Act —or 1829 30 Stamp shift—for Sect
Lurticn to the lbth clause "
a Y body
French say, faieant partee e,orparate ' (or as the
liere') on Primeval-tenet ofdgeur police corporation seeu-
riAtianity—so Civil-service
opposition of the War-office anda _dmiralty, &e., by refus-
',ig s'riko out of the Army lists the double and
we Christian names of faswlabinoeunna
cbealovYand heraldic import.
Tow by final judgment,
%,!).yish-rate Guardiens
to 160:3) successors in office, , with hack to the
,robc their Siderial days-man las Sunday reader—
"l' canon of moral discipline—
of
"den-take for self-clerk assumption (on perverted by
ministers
eeased) of the rates paid white Surplice.
e:.e.aes..•,s 1 and 3 of the Bourton Acte
Co.s (on its
hamlet unregistered Clerk of i'eace ' Inclosure' award), the y
Nriali to fOrestall the four miles circumference of the Stmv
31.1arke tolls, by judicial extra-name quibble of its King's
Coat Magistrate, by committee of foreigners in violation of
the " Adam end Eve consorted" of 1822, for Criminal basis
on 16 Car. tr.'s Tent fire-hearth, yr-
tax 2s for Common law
6jc 6 Native Crt , of the one Arbiter, by sec. 29 of its rider, 8
Vic., c. 18—be being the Prince Consort' with the Indian
lady for title to American soil Rota-law Gyre-on,' as cause
for 1842's Man in God, election of Peter B (nephew of Jos.
Brant, of 1775 Stamp.act) as now colonial Stamp Income-
tax 20
Chief, unpaid years-11 yrs supported by plaintiff on
£1,600 oath—for the native coloured races—‘ligne-titee'd
from the imbedded Spirit-' level in Nob-equerry Constable-
,Staff far its libre book to :oval courts, without sect ask.
Une base' (qui fit Charmer n.
• Sous la §),
i eivique ace-noire si grande
pm
Fierte I
• Od l'on volt quo jam&
la 1 ENGLAND' no inarchande
Quand it faut par la merleur dormer Liberte . •
++
• • * N.] II
El CHARLES '• • 1.2 W. IV., Nom, 54, , Chamberlayne'ACKEßLEY, He-sworn.
264 • PETER BASQUET, Income-tax chief (1842, unpaid.
. • China Ref wall circuit horizon of-. London, May 14,
.7i 1862), its Montauma-Texas Red Flag Die.
tso Paris-gab 'Wight ship' Betgi ar-Nlc,nt Kalfateren
skiff ()Mega " Het [chip stqlt wel, bet • ,
Is ras sitylen,
—item, het is een klock- ship in faiLn." Ure-Elijah
ee'lhe )52an of 19 and 28th.)

o her

now c

nersct.

lITO-
FATAL ACCIDENT ON TIIE LEITH AND po
A7l.l.oAriwAY.—About half-past 7, on Monday night, a
young man; about 19' years of age, named Alex. Goodall, a
gardener, residing Queen-street, was si;anding on the
highway between Leith and Portobello, close to the level-
crossing gates on the railway near Sf,afield Baths, and was
o-avor:iug there with a carter, who was waiting until the
,s should be again opened. A train came up at the
and tile: horse becoming frightened and restive,
to avoid being kicked'by it, suddenly ran through
~ • to:: he line, when he ~vas caught by the
,:z t, 'which knocked hi al down on the line,
;tit; essed over him. The poor fellow was

cot.

• A 6;117ey LUtZO and Larnach, rum
c:iactp, ilavo
.Josses caused by, advances on
stocks and shares. ' vaNiities are estimated at about
:I;7°7°°('' Mr. James tii s nierchant, has also stopped,
to the amou, £ll/;00, and assets, £6,900.
Cloninel Chronic ra,,A.;:ks upon the fact
tb...).t. no mention was made of th urder of Mr. Thiebault
horn tho altar of the chapel which 'h% had been in the habit
o!: attend iug, while cheers of zympalhY tree.ted the suspected
soisassin as he was cm:Rayed fin irons to %Ike county gaol.