New-York tribune., 1876-02-05

of sod mine and th, shares Of the said Company 10
nerson. purchasing said nine That the plaintiff to
secure the said Minister and the influence Of his o-
cial position as aforesaid, and to become share
holder in said Company, loaned and advanced
10 him the of 100000 Sterling ana
soual TO the sum Of $4,000 gold coin OF the
United States or thereabouts and also entered
into a secret agreement or arrangement with
said Minister by which the plaintiff agreed to
GUARANTEED 70 tho said Minister interest or
dividends on such shares at the rate or IL
per ccntum per annum, and thereafter the said
pkintif and tse said Minister and other directors
OF the said Company issued at London and eIcniated
in England and in Europe prospectus setting Iorth
among other things the objects OF SAID company
the great value Of the said mine, and asking Tor SUD-
scrptons TO the shares Of the stock of the sad COM
pany and in the said prospectus 1t was f9srly ana ana
fraa,lulently estimated that the SAIL nilie WOMB
nro,uce The enormous amount OF tIOD,oOu net or
equal 10 S,},50O,O0O of gold com oI tlo Ohited
States.
That such statements were false and fraudulent,
and made to cheat and defTaud the public and the
purchasers of shares in said Company that the said
plaintiff To induce persons subscribe for shares IN
said Emma Silver Mining Company limited OF Ioir
don and 10 cheat and defraud them procured from
one b. Silliman Of New-Haven, and professor OF
general and applied chemistry in Yale College, ana
caused TO be circulated III London and IN Europe
three several reports said nine one dated salt
Lake CITY Oct. 16, 1871, and the second dated salt
Lake CITY, Feb 20, 1872, and the other dated salt
Lake City, April 2. 1872; that in the said report
dated Oct. 16, 1877, it among other things
stated: ain the aegregate the amount of sill
yer ores removed from the great chamber Is
nbout o. 900 tons, of which 5000 were of second
class. ard its money value in silver and lead
is stated at over three and half millions Of dolars
ndepc ndent of the reserves and late discoveries OF
new masses presently to be desen"e1; an'
in another of said reports, dated on me Zoth
day of February, 1872 II was stated among
other things tat the body of ores then STANDING la
lhe new eN Nplorations ard which had been lDau.Gl-
rated at the time of the former r. porQ No1lJ reach
fully q 900 tons of 1000 pounds weig t. ore-half
pf which would probably fall in tho rank ef hrst-
class ores. and the s professor appended ~ SAID
report tabular Statement oI TIC assay "1, sN'.on
smples gathered from the several Levels along the
average Of the value per ton ot all CLASSES on ores
and il was therein stated 90 bo Glo6 l3 por toi ANA
estimating the said 2l,OOO tons to be oi the ehor-
nous Valuc of ~ .J}3. 600 or upward.
That such sfatelnents and reports were deceptive,
c&trayagant false, fabulous, asd eAaggeraieds ana
Were ored ana put l1itn M nS jIS b,i''i b fid i,
the purchaser of said shares.
Tat / ne actlal product of sad mine after its sale
io the said London Company was Only about
$4,000. Or S230.000 in gold COIN.
That to fuTther cheat and d.fraud the pnbhc and
the pnrchas rs of said shares AMI to induce them to
believe that said mine was very valuable and that
the Company earning large dividends from the
product of the mine. and thus to enable the plaintiff
aud his cOlfedcTates u sell Their shares at larger
price and much more than they werc worth, dvl-
dends were paid said shares for a considerable
iogth of time at the rate of Is per eentum per
annum; but in truth and in fact the said dividends
were not made from the products of The mines
but were made from the money loaned
by tho Company from the plaintiff for that
purpose. That very shortly after the said Amer-
can Minister became such director and agreed
to lend the powerful influence of his name
and official position to said scheme, he received
communications from various sources and particu-
larly from the Hon. Hamilton Fish, Sc 'retary Of
State regarding his connection with said Company
That thereupOn aud abOut the I'd of ID, ceber, ISL
the said Minister concluded 30 resign his position Of
director of the Emma Silver Mining Company tlim-
itsd of London and letter of resignation was pre-
pared and submitted TO said plaintiff for his
approval: that said pllintiT modified and changed
or suggested notifications and changes IN Said
letter which were made That at The time when
the said Minister had concluded pr resign as such
director. and bid telegraphed 10 his government at
Washington that he had 20 rSSgno t'cre were pro-
poSals for suhs TptOn and allOt. ent. r shares IN
said Company outstanding ami which llIotineit',
by the terms OF such subscriptions aDd proposals,
would not he uaade for raj days ther,ah T. aud
the said plaintiff know ing the disastrous eject of the
sulden Withdrawal of sail Minister fr3m said
Company and ~ an officer hereof upon the stock If
the Company. Undue d said Minister to Withhold
sgeh Teoi-al!iOn and tho hnOwl1dga thc,cOf from
the BrtslLpubiie tlll after the allotment OF such
stock mad and uIe money pad IN. 1hat the
said plaintiff was lTg- shareholder N tie sud
Emma silver Mining Company Qnitejl 0f L0nd"D,
md by the several devices and riekS ahIye STATED
enabled 10 dispose Of lnN said slars at a very
high price, t. wit, from Go to { 30 P"r share
or the!eabouts. That The said r,ine was
OF comparatively small va,uc. and the said Conn any
f2iled ard became bankrupt early IN tile year lN73
aud shortly after the piaIBth succeeded III disp
ing of hlS said stock ana the said shares aTe about
Value.eo, and the lOlders thereof by the fr,ud and
deception of toe plaintiff and his 90 frd-ratcs as
afOrt said, have been cheated and drlrm led # the
amounts they respectively paid therefor. That the
having sold AMI disposed OF All or nearly
all Of his shares in said Company, re-
turned to New York and IN the month of Dcceni-
her, 1872. or theresbOHts, ana knowing that the
dvIdcnd for December, 1872, and wh c.l VIA IOt
payable till about the first dry Of January,
S73, would not be paid, aud known the disastrous
effect tia. the knowledge OF that ftCt would have
on the pr.ce of the shaE,s selling ia the l-ondon
market, and with the view Of enabling TIE said
S-lenck and the Other cOntticrateS Of thd plIntih
t. sell and dispose OF heir snares ~ the tbeH hlgn
prices of go ler share thcreabOuts and 10 enable
them to gamble anu speculate said shares, sent,
cans, Il IT, be sent. by telegraph 20 sad hchenck and
secret information lat the SAID dividend would be
passed and not be paid thus enabli hem to dispose
Of their shares at 12h prices, aid enabled tle1n
to speculate AID gamble ~ s,d shareS. and 10 cheat
aud dcfIaud tine british puUe and tife said persons
acting secret information nd, GA the receipt
Of such Information, and ,eore The kn9wicdgr OF
the fact became public, SCH their saiu shares,
large portion of them, at the then hIgh pI1ees.
THE MARIPOSA MINING COMPANY
Third: And thedefcndant further says that itistrue
Us stated in said publication, THAT the plaintiff
iient fed with and was understood to BE- Of the
projectors Of the MaripoSl Mining Company, swndle
which New-York capitalists have not yet forgotten
That lu the year 1862 or thcreabouts Gen John G.