The New York herald., 1865-01-01
The Mariposa Mining Company.
MnEyIxG or STOCK AND BONN H0I.DERs--TH. PAY
t.r ...,..,s., MINT or INTEREST, ETC. elf I8 nUts

trdh .av,rse4 MINT or lLkTEkkST, ETC. As1 I'D hDf4
The Mariposa MiniIs Company has lately met with
soma embarrassrnent which threaten 70 sulminste un-
fortunately for ts stockhoders Tho interest on the
rst mortgage bonds becomes payable three O'Clock on
Tuesday next and there seems 20 be no money in the
treasury 10 meet the demand For the last week
have looked rather cloudy Wall street, FAR Mari
posa is concerned. Stocks have tumbled down with
rapdity and general gloom pervades the ranks O.
those whose dreams continually carry them to the golden
mines OF this classic locality. .MM @ta
Matters being In this condition meeting OF the stock
and bond holders Was held yesterday. The latter
gentlemen met at eleven O'Clock a. the onfce Of the
company, and after soms discussion appointed com
mities Of Ave. consisting OF Messrs Phelps, SHEPPARD
Ford, Scott and another to oonsut with the stock.
holders who to meet hour later. This meeting
very fully attended, aud after selecting Mr. smith
Cir as chairman, and Mr. y A lane as secretary they
adjourned to Mr. Gnpns rooms Of william street
and Exchange place. where there wss q very free die.
cussion. Several stocslldcs called for Mr. Hoy Pes
dent OF the Marpoa Company, to make asstemcnt which
ths. csne nan procesled to do From The report Of
Mr. 0lnsei who Is stationed At Nariposa, II appeared
that he had run short 100000 Or t70,oeo This
mainly owing 10 tie small yield for the month OF
Dccc mber and eze.yo purchase OF goods which he
always made Al tue beginning of each year Tor the large
number ~ rerons efnJpTcd Inc estate 10 meet this
contingency he hoi drawn % Tie company, through
CeIfor bank Tor sao 900 70 soa on the i5ti or De
cembef the directors na decsrc sDf Ives ali, pay
all tho interest: but then they Anticipated rcrtance~
from Marposa--an expectation based On The yrld IN
previous months. This had incrllacd siesdly irda
month H. month. IL Jst rqs oiv $50 ac0 IN Ccto-
bcr Il haa doubled yielding s0occoi and Ia November 10
In the onth of fBecenictrthe yie would bsvo anound
~ nearly quite sloO 900 IN god Tha enira present.
dbt ~ The company sOrt fiI5 600 III gold There
rss sbot fijo0o 10 the sress1y. Thess existed de-
bciccs ~ meet tie inter 4 the bonds and The iarge
puey tted draft Tile meeting ~ tho stockholders ~as
called 70 take advice In regard 70 this state Of the
cofnranv.
Nj Hoy 3 rouhsts were n'adc IN answer 70 several
Questions prcpound,d u hy siyckolue his apparent
friiknefg nafc good hprs ion on ~ present. aud
natiars, yhioh at iBs. looked rather stormy subided
inta quct rorl ldeuca.
Mr.. John UBrcn made q scw remarks relative % tho
natter a issue. Thirty days ego " Ma stated that tao
ia allot Company Ar.HlliNe in.tIuyn, and nOw "
appeared that ~ was only 40 experiment Mr. Oin,cf
bad been In tho habit ~ making mouihy reports but
nDhing had be~u heard frbfn him i0F one tme II wan
very necessary assersin tho trle condition of niaers
a Mariro.a Mr. O'friep mlGc f0me further marls
relative 70 thn netesgy ~ thorough infC eat0n Into
tc af,rs ol the estate, Which we're loudly rpplauded.
one ~ thc stockholders offered reFnluhnn. Mhlh
saa uranimousy adopted, authorizing Tho appointment
nf r0nIutee nf Gye, 10 cDnfor wp ~ houahplders'
committee u inquire inio ln entire ns''er aud mako
suitah'a 4rruge MS 20 ~ away with uuy am
Guilty which might hff, from thn non pawn, "a of cb
TIE Chairman then appo.ated ths following A. sieh
Lane and NJ. wainwright Nr 4 Gun, the chairman,
wss added
fhc meeting tcn adjourned 10 twelve O'Clock Tuea.
day next