Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1869-09-21
WHO IS THE suTRo TUNNEL
ooMPANYP

According to Adolph Sutro, on the
4th of February, 1855, he and William
N. Stewart, D. E. Avery, Louis Janin,
Jr., and Henry K. Mitchell, associated
themselves together, under the name
and style of "The Sutro Tunnel Com
pany." This association never was
Incorporated under the laws Of the
State of Nevada, and went out of exist
encs on THE LIST of August, 1867, when
it failed to comply with the contracts
made with our mining companies to
commence the Sutro Tunnel. Since
then neither Stewart, Avery, Janin nor
Mitchell have had anything further to
do with the Notwithstanding Mr..
sutro "lord Of all he surveyed" in the
premises. Sutro, however, still GLAZING
that there is q Sutro Tunnel company,
and so sdvertises in several %papers-and
not only advertises the name of such q
company, but he actually has agents
who sell, on commission, " scrip" or
what we have heard called '' wild cat,''
which reads as follows:
sUTRo TUNNEL COMPANY.
ClrY OF NEW Y0RK..-..-..----lS&.
This Certines, that Of :.I
the Sutro Tunnel Company. an incorporation to be
formed hereafter, and which shall succeed to the
established rights. interests, franchises, powers,
association, known by the same name and title.
now in existence under the laws OF the State OF Ne
vada.
Of Twelve Millions Of Dollars, divided into l2D,00
Shares, Of One Hundred Dollars each; and should
said Capital Stock be Increased, the holder OF this
Certificate shall be entitled to his proportion OF
such increase.
Certincates, by the said Corporation. will be is
sued when the same Is formed. subject to It's Constl-
tuition and Bylaws. upon the surrender and can
collation. OF this Certificate. .no1 pu surpo
Duly Authorized Agent Of the Association known
as the "Sutro Tunnel Company"
Reader, millions Of such " wild cat !"
has been issued in Virginia and Gold
Hill. There is no I" Sutro Tunnel Com
pauy" incorporated either under the
laws of tho State Of Nevada or New
York, where these scrip certificates were
printed and issued. As the responsible
men who associated themselves together
in 1866 have all drawn out and left Mr..
Sutro as the company, where, we ask, is
the liability attached to this scrip
What guarantee has q man who may
Unrest that tan incorporation to be
formed hereafter" will over BIO formed
Dates Of " hereafter are too indefinite
for Straightforward business men. Who
signs these certificates? Adolph
Sutro, duly authorised agent Of the
Association known rs the Sutro Tunnel
Company" And who is the Assoeis'
ton 2" Have VIC not shown that it il
a myth-a noncntity, having no being
or existence ? We have a criminal
code Of laws in this State, and among
other provisions for Furnishing offenders,
is one which makes it a m%isdemeanoi
and also n felony for obtaining money
under false pretenses-and persons who
come under the provisions of our Grim.
inal law had better have a care. There
mas been too much inscriptions cheat.
ing aud stealing already by wild cat
speculations on and near the Comstock
ledge. from the honest and hard-work.
ing classes Of the community-and it i.
time that a stop is put to it. We speak
in behalf Of the toiling laborers in our
mines and mills, our mechanics, team.
sters, farmers, and poor men generally
We are the friend of every man who
comes by his money honestly-and we
protest against his being robbed and
wrongsd by any more wild cat specula.
tons.