Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-11-29
THE COMPROMISE.
THE REVOLUTIONS ADOPTED M
THE SIERRA NEVADA.
Ba.is OF the Compromise Agreed
upo. by M Two Companies.

pany. and similar resolutions were
adopted by the rival company.
Rumors have been rife for more than u
week past. The stock jobbers have set.
tied the matter in many ways. The
final result. as will be seen. is not a de-
feat Of the new power at the North End
by any means. The settlement puts at
rest a dispute relative to ground upon
which the most important ore develop
nent OF late years on the Comstock has
taken place. and eliminates the question
Of title from the value OF both mines in
controversy.
THE RESOLUTIONS.
WHEREAS, Certain differences and dis
putes have heretofore existed between
this company and the Union Consoli.
dated Silver Mining Company, concera-
ing tho ownership and right OF possess
sion to certain mining ground and por-
ton OF the Comstock lode, situated in
the Virginia Mining District, Storey
county. State OF Nevada, and
wnEREAs. This company claims to be
the owners Of thirty-ilve feet undivided
OF the claim Of said Union Consolidated
Silver Mining Company and
wHEREAs. All Of said differences and
disputes have been settled and arranged
upon the following basis. terms and con-
siderations:
First-That said Union Consolidated
Silver Mining Company shall by good
and sufficient deed grant, bargain, sell
and convey unto the Sierra Nevada Sill.
yer Mining Company all and singular.
that portion OF said mining claim, lode
and premises mentioned and described
in the patent issued and printed by the
Government OF the United States to the
Union Consolidated Silver Mining Com
| pany, dated the 2Ith day OF September,
1915, commencing ut the north line or
boundary thereof and running thence
south or southerly and along said Com
stock lode. including the same through
out its entire depth as aforesaid. toseth-
er with all other veins. lodes. lodges and
| deposits throughout their entire depths
which may be inside the exterior lines
OF the survey mentioned in said patents,
and the surface ground in said patents
described, for the distance of250 feet. 1t
| being the object and intent Of said con.
veyance to vest absolutely in the Sierra
Nevada Silver Mining Company all and
any, the right. title and interest OF said
Union Consolidated Silver Mining Com.
pany, held. had or acquired by said pa
tent or otherwise in aud TO the north
$50 feet Of the portion OF said Comstock
lode, mining claim. grounds and prem
ises in said patent mentioned, granted
and described that Is. all that portion
Of said patented ground and premises
which Is embraced between the north
line Of said patent aud q line drawn
parallel to and $50 feet distant from said
north line. and $50 distant from the
south line Of said patent.
second-That the Sierra Nevada
Mining Company shall, by good
and sufficient deed. grant. bar
gain and sell to the said Union
.onsaa'su s"'s ~ .L!s
tne saiu thn,y'n'e 'ees un.i'iuou
Third-That this company shall. by
its deed, grant. bargain aud sell to the
Union Consolidated Mining Com
pahy III 'ne poi"ou Wv ~
lode, tue mining S'ain' s,ou, Nv
premises possesseu o, siau "
said Union eohso''eu ut
ing company lying south oi ,ne ho' 'u
.oV iVe' ns'eihoeioio me~n'Ousu' = ~
the ground anu pteuls.s s,auseu w
scrioed IN SAID patent, ~hiSn Is em'
o'aeeu OF hss u".'
nne OF saiu pasen' anu 49, 20,
aiiei 10 ana oOV ice. uis'an, run s"u
south hne; w -oV '.' uis'au' no
tne nof'n Hne W saiu Pa'e"''
DO II
Resolved, That the PRESIDENT anu sec
rotary OF this company De- ana tney are
hereby authorized empowered anu ui'
r.e'eu' ~, w .,.s.,a
pany' n Its name. 10 make. execute
sign and sea- win 'ne eo'pora.e sea-;
aeknowledee, ana dsh'tt 70 .he saia
Union consolidated SILVER Mining oom'
pany the deed OF his company granting
and conveying all and singular the said
undivided thirty.tys feet IN the mining
claim OF the said Union Consolidated
Silver Mining Company, and all the
ground and premises granted OF de-
scribed in said patent which are EN-.
braeed or lie between the south line OF
said patent and a line drawn parallel TO
and $50 feet distant from said south nne'
and $50 feet distant IRON the north u
OF said patent.
Resolved, Further, that all suits, nc.
tons and proceedings now pending md
commenced by this company against the
said Union Consolidated Silver Mining
Company be, and the same are hereby
dismissed:
Resolved. fuither' Una, 'no rresiueh'
n secretary De, anu 'ney W heieoy
authorized 10 receive tue ueeu Vi sa'u
Union CONSOLIDATED Sn'et Aiihins e'ni'
pany.
hsso'ced' Ina u 'ns aioi,sa,u u.eu ~
ms eompahy,.ns saiu !,
istAiy snai cause ap,op', III
,he p,en sn.,, ~
ooahus 70 oe ",'v, III .haa,,oJ
anu 'ney arc ne',os 'a"s N
anu etnPo"eieu sl'
act AMI tllng NuAt.OeNtr 10 Iuhhc,