The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-01-29
GENERAL sCIIENCK AND THE EMMA MINE.
EMMA MINING COMPANY (LINITEDb
OyIEEN VICTORIA STREET Ian 10 1879.


SIR-The directors nave no desire to thrust the
affairs OF this company unnecessarily before the
fed witE the position and prospects OF the company;
but the remarks made by the Philadelphia cores
pOndent OF the 1g1es and published on Friday last,
cannot be passed over in silence, or shareholders
might lie induced 70 sacrifice their properly IN the
belief that they had been deceived
As the Times has lent the weight OF Its great cir
culatlon to the depreciatory remarks 1t seems not
unreasonable To request that you VIII publish sOme-
thing of an explanation, and | beg to enclose let
ter received from General SchencK on MS resigna-
ton OF his position as DIRECTOR which have his full
PERMISSION to make public.
General Schencks Straightforward honesty and
shrewdness AT our Board; but you Will observe that
his and loyalty to his party that he left
with undated confidence In the prospects OF the
company and that he dissolved connection" not
as stated by the Times correspondent, with the
company" but only with the management.
The extracts the Times correspondent makes from
the Wnlte Pine Ne,os. to the effect that the late
owners "had gutLed the minen and that there were
to be sOme or the lallest having ever kn0wn as to
It's ownership, would be entirely unworthy OF
notice put Tor the Times circulating them.
Against litigation for the title we are guaranteed
by the vendors, and the very "tall having" mas re-
ment OF the claim to properly just sold for mil
lion sterling, sufficient proof OF the nature OF the
claim made.
If the mine has heen ''gutted" the operation has
been somewhat Incomplete for, besides the large
masses OF ore known to remain at the date or pur-
chase, more has been discovered since, and or o
still richer character, put these matters OF detail
Will be more fully explained to the shareholders,
VINO are really the parties interested, and not the
public, lam sir, your most Obedlent servant,
GEORGE ANDERSON,
Chairman Of Directors Of the Emma Mining Com
pany (4mted).
QnclOsure.)
LONDON. Dec. Q, 1871.
DEAR SIR hereby resign my place as a director
OF the Emma Silver Mining Company, and request
you TO communicate this notice OIL the fact 10 the
Board at their next meeting.
In thus Withdrawing from the trust reposed in
me desire TO express to my associates In the man
agement OF the company my sincere and high ap-
probation OF each and evory one OF them as gen.
tlemen OF distinguished position and character
with whom II mas been To me pleasure TO Oe con
nected
My resignation il upon grounds purely persona
to myself In conserving to become director
know that but exercised private and individual
right, IN no way Incompatible with pubic d
Onclal duty; but l prefer to take away from sOm'
VINO have criticised me even pretext for thcil
comments or attacks beg, therefore, to record mi
assurance to you and the other memoirs OF tn,
Board that continue to have the fuest confidence
In the value and prOfltaDleDess oil The property thel
have IN charge, in which still hold all The shares
have been able to take.
am, very respectfully, your obedient servant.
ROOT. Z. SCHENCk.
GEORGE ANDERSON. ESQ.,, NJ. r., Chairman, &c.