Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-08-29
RICHMOND CONSOLIDATED.
Annual Meeting of the Sharehold.
ers.
NH. PROBERT's CABLEGRAMS ABOUT
THE SUIT.
Presfdent Elliots Determined 60
Resign.

Hotel, Cannon street. Mr.. John Eli
cit In the Chair. Mr.. ii. Ackers (Sec-
rotary pro tenn. read the notice onven
ing the meeting, and the minutes Of
the last meeting were then confirmed.
The Chairman said: At the time,
gentlemen, this meeting was arranged
for to-day we were under the expecta-
ton that the trial would have been
over, and that we should have been
able at this meeting to have announced
to you the result. 1t has lasted very
much longer than we anticipated, aud
1t is likely to last another week or two
I am afraid. We have n cable 20 hand
this morning, which is very satisfac-
tory, and in fact everything We have
received since the commencement of
the trial ! think has tended in the
minds of the board to establish the i'm.
pregnable position which they occupy.
l have never had, myself, the slightest
misgiving as to what the result would
be. l think our past efforts and the
past steps that we took. will be trium-
phantly vindicated by the result of this
trial. Al the same time IL Is obvious
that while this trial is going ON it would
be very impolitic that anything should
occur at this meeting, or be said here
that might be cabled over to the other
side and damage our proceedings. |
think we must all. If we have the com
mon interest Of each otber-as partners
in this concern-at heart, be content to
keep our own feelings in allegiance,
whatever they NAV be during the pro-
gress of the trial. / air content for one
To do so, although have been eagerly
looking forward to this opportunity of
going into many questions that / de-
sire to speak upon at the right time,
still l am con ent to wait my opportu-
nifty for the common good. Gentle
men, IL Is not my intention to- continue
la the chair after this meeting. | have
had six years work, very hard work,
and IL il now very necessary for my
bealth's sake that / should withdraw
from the position i have occupied in
your service. Indeed, this necessity
existed some time ago, but did not
announce my intention as / should
have done, from the reluctance l have
to relinqui>h the management in which
| and my friends are SO largely inter
ested. However. time has but confirm.
ed that intention, and l propose to
carry it out to day. (No. no. l think,
therefore, that your wiser policy to-day
will be to consent to the adjournment
of this meeting. Hear. hesr.) think
you may safely adjourn it TO n date
within n fortnight, because all our ,es-
timony is now in. Mr.. King has al
ways been u great card, and on his
evidence alone have always relied a.
decisive upon this question for this
reason: As you are aware, he was the
first man OF great eminence who gave
us the remarkable information, or pre-
diction 1 may call 1t, of the state oi
your mine, and he "A now point tri-
umphsntly to the results a. illu>tra-
tive of every wCrd he said. In the fir-t
place his private character is so high,
and his talent so great-so admittedly
great; in fact. he holds one OF the high
est positions in America, that I was
quite satisfied his testimony would suf-
nee. i WAS, therefore, pleased TO hear
that on going down into the mine his
opinion on our property completely
confirms Mr.. Probert's previously ex.
pressed views The latest cable mes
sage to hand states: Kings testimony
decisive AS against opponents lode the
DRY; our case In; to morrow rebuttal;
next week the argument"
A shareholders: Tomorrow; what,
sir?
The Chairman: Rebuital; that is to
say, the counter case. They will at
tempt to criticise the evidence we have
put in, aud then mex week the argu.
ment will he heard. In a recent letter
Mr.. Probert says-"We have been
careful to select experts so hat our
opponents in case of defeat won't have
any chance 10 appeal" Speaking the
other day to an American mining en-
gineer Of position and experience on
the subject, he asked me on whose
evidence we relied for our case. and
when l told him, he said. "you have
got the pick of all America" Now,
these men have all given evidence
that is perfectly conclusive. We have
a mass of evidence here-I will read
1t to you IL you wish-all corro-
boraiive Of the facts of u case. can
only contrast the remarkable clear
ness OF the evidence given by our ex-
perts as against the fanciful theories
put forth by those of our opponents.
This lode theory of theirs was got up
at the last moment. However, I will
not 20 into the question now 1t might
be dangerous. But this l will saw. all
our law positions are ~unassailable.
The agreement We made in 1873 stands
untouched in tact, they have virtual
ly thrown it over. and they have rest
ed their case entirely upon this lode
theory. and 10 regard to that you have
heard from the message | read to you,
MI. Probsrt says Kings testimony
has completely smashed their case. II
you wish mo tn read all the cable
grams We have received. | will do so,
but they express opinions that may
not, perhaps, tie wise tn 20 into. H.
deed, l may ssurs you IL has only been
| upon that ground that they have not
been published. In these messages
MIR. Probert gives his views upon
each experts evidence as they Y. on.
II You wish them read here they are.
Mr.. Hurst: 1t will be quiie sutfi
cieI I il you give us the substance of
them la a lew words; What you b =
lieve. having examined them careful
ly. il the view they convey.
The Chairman: When l read them
the view conveyed to my mind MAS
that our opponents bad not the shadow
of a case, and l think | have earned
the right To give an opinion on this