The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-12-22
tNoruKR MINING suIyDLE
Honest George schultz In Trouble Again
Where s.5O.OOO " en,. mud why.

SAA lRASclsCO. Dee. Am unpleasant
affair. illustrative II the sharp pra'lire of Cali
fptnn mine directors. ha- lust l,'em uinlc pub
lir Honest George schultz President OF tho
Bullion ana Exchange Mines on the Comslpci,
lode. and badly smrched in the developments
of til. recent ENcheuueI swindle. was. until
Monla, last President and Manager u the
Justice mine. in which LII XIV Baldwin and two
OF three other heavy men are large sharehold-
rrs. Mr. Baldwin did not approve Schult.'s
methods Of management and invited him q re-
si,,r. v'ii' invitation 'luli2 promptly ncerrt-
81. To- il' tuipro" ~ 'NN ~ ono, without max
in- tnD i-ht 10 retain control which Is usual in
su III cunti -is
Tho BudWin party took prompt possession ~
the Office AMI books. ana soon dl- rcd that a
valuable corner of the Justice claim. whi,h WAS
also chim"d b. am .idIo nins n" An.
wa- conveyed to IA, Ala On the 10Th ul'
for tho nominal consideration oi a. Schultz
Was qu'o toned as Ia his o., -uns for making
avoid liuention. tint lewrs SGT i+0rd the claim
iu d0s ,,utr righilulil belonged 10 tho Ana. and
that common hon Sly nni ftlr drHliug required
.is .ufrn ,rt IT, lurih'r 1istn 'tli nnl posi-
as IS dcnlnl hhvns ans p'lS ma interest IN
H.. trans, i"n. or having prpni. 81 rs il.
WA malr ON n-helfof thn ite nvGool rr si-
int of thi c,mp,py' nr tn,i l." md rod
-um the Alta trust 'os' voted to COOA IN the lol-
lowing preamble un resolution;
% S g;f sSo % o. r,, % 'G, s'TsDS GsDii"
s4th tN' iu-ure Mining tWupaN ffu .uui ,' s.alJI1.
n afsf 1nlt sli curpen' Irr0hy a'pf0vrs amt rpt
sthr dui' fhd perihrusd as above rtcted and
" tnulu al.uuf-d D. tit fOlit atrfuttd rs uu.
company toue repaid 70 the SAM D. Il. Cru6
Now il is sironSv su.pr.+rd that Schultz
rrrciVel that money for rcluqushlng the jus
tico clnims. Hhi stole II from his htockholIrrs
tn whom II rlIhtluly belonged. since the de-
| tntion ol tAs swindio S,nulla reius,e to make
uN rNullnaiIon.
II ia lHi.y'i thnt frauds fot much larger
amount win h' fastened upon huliy hl the n
NretlgHilNn Which rs nuw bfltg usuie VHn
gross lull lion pr,lu tnt the Winr ior thc uIn,
| wouths cni NJ S'lt. 80. lS77. WIS e. .Of3 900
NOW outstanding. via 10 fI2l.uOj hus hrch lnN tul
upon the g'1'A 'AhndrlH no iH- -7nlt uia nna,' la-
| juno. l"r.,' plu If this money must haye
boon stnlru..e thnrf has brcn no expenditure
optl.a mUnn t. uusorh H. A NoronSh nNr-,i-
| e dilu and puni shW'nt NJ the lat' cniinl4 rs
| loudly cnil"d for, and is tiu prosecuting party
IL q p uut lnW'l.ul, an exam pu In Likely t. be-
| mhdr Ol tlo unrr 'is.
| "a N an rSa po cannot T,mr too soon, flr.
| ns mining MANAGERS hhNr hrrrtoiorr regarded
iiH privileges OF thor pusitiun, thers MAS no
| sr' 'uIitt ior tin khn.loi7 uNt9.dn p' The mama
Lnrid rln.. " n ~ t''k5 ar tuh HirntlS rIt,l
| Wnh hon vi InAnng mrui Hnl wailr such bpll
| und pyatr mallo frauds arr pcrprtrird hy ttu,-
| trps. ouls derS arr sure 10 J." ldu krd with
| 0lt n,rgry for the chri .hmrnt of two or
| three tiicVe. People m n di-bnno cannot hN
! tpo ri,ro,Hi how lhny trust thor money W the
siiarpcIs of CailornM W street