Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-08-31

idated nistng CompAny-osvePal
Valuable ntatsg Claims Beaded
by ths russei Company 20 she
Juiis.
There was yesterday hlsd In the Office
OF the County Recorder OF Storey
county the agreements entered into.
August 2lst and 22d. between the Sutro
Tunnel Company and the Julia Consol.
idatsd Mining Company. Some Of the
provisions OF these agreements have
been made public. hence the following
brief summary Of the same:
The first agreement commences BY
~rshsaring the wsll.known provisions Of
the Art OF Congress granting right Of
way. etc.. to the sutro Tunnel Company.
These the Julia recognizes ~ embodied
In Article ~ Of agreements entered into
between the Tunnel Company and
companies representing o majority Of
the estimated value Of the Comstock
Lode July %. 1866" ~ follows;
Drainage OF water above said tunnel
level or water discharged into said tun-
mel or branches OF other benefits. % per
ton on all ore extracted which shail be
reduced at some mill or sold.
Transportation Of ore. rock. earth or
debris, 20 cents per ton per mile OF tun.
mel or branches. 40 cubic feet OF timber
or 22iO pounds OF rock. etc.. 10 DO con-
sidsred q ton ; also. % cents each way
for each person employed In or on ac.
count OF each mine conveyed through
the tunnel or It's branches.
Then follows the agreements already
made public % TO the construction OF
the branch tunnel TO the Julia. the work.
however, not to be proceeded with pro-
vided the Tunnel Company Ia obliged TO
close It's bulkhsad for self protection.
The Tunnel Company agrees In Arti.
clio 9 to transport miners for the Julia
Consolidated on the terms above men.
toned; also, timber, tools, machinery,
ETC.; also, 10 convey over Its track. bot
not o than 5000 feet beyond the
mouth OF the main tunnel. TO any mill
| which the Julia Consolidated may wish
to employ for reduction purposes. all ore
which the mine may extract, and TO such
dump rs the mine may desire. all rock.
earth and debris, the mine to furnish
suitable ears for the purpose. =.
Article 3 provides that the Tunnel
| Company shall keep the tunnel In good
repair so as to cause no delays. etc., and
| open for the passage OF water.
Article 4 IL In relation to payments for
constructing the lateral branch.
Article o provides for aid In construct
ing the branch by work from the Julia
shaft.
Article @ binds the Julia Consolidated
to furnish on the 9th OF each month .
statement Of ore extracted and reduced
or sold during the preceoing month. and
TO pay the royalty OF ~ therefor and
also for transportation.
Article 7 allows the tunnel the privi-
lege for three years from the completion
of said branch OF carrying passengers
and freight through the Julia shaft on
payment u follows: For hosting and
lowering each passenger. ten cents /;
each ton OF freight or cord OF wood. 81.
The mine Is 10 arrange its cages 90 a.
safely to carry said passengers and
freight, the freight to be received and
discharged or loaded BY the Julia Com.
pany, but II IL not to give up the use Of
its shaft II Il DO needed for the proper
working OF its mine.
Article 8 provides that 10 the Julia
shaft 10 too ANAL the Tunnel Company
shall have the privilege OF constructing
nj Its own cost an additional compart.
ment, the mine TO furnish additional
hosting power u needed.
Article 0 binds the contracting parties,
their assigns and successors.
Article 10. Payments to be made In
gold coin.
Article IL. The lateral branch con.
structed rs above 10 TO be the property
Of the Tunnel Company. with the right
OF the Julia Company 70 discharge per-
pstuslly the water from its mine through
IL, and TO have ore. etc.. transported
through 1t on the above conditions; also
provides for Its extension.
Article IL. More favorable terms which
may DO hereafter granted to other mines
are to inure 10 the benefit OF the Julia.
Article Is. Whenever there 10 con.
nection between the Tunnel and the
Julia shaft by the branch. the mine 10 to
considered drained within the meaning
Of the agreement.
The second agreement, dated August
22d, fled yesterday, relates 10 buying OF
the Tunnel Company its right, title and
interest to certain mining claims, &C.
quired under the act Of Congress. afore-
said, and including oil portions OF the
Julia claim; the La Cata claim; the Sarah
Ann claim; the South Eastern Erten.
sion OF Ike Hale & Norcross; the
scheei claim; the Wheeler mining
claims; the Julia No. 2; the Julia
East Extension and the Railroad
mining claim, with all veins. lodss.
dips, spurs and angles /; on condition
that the Julia Consolidated shall within
six months Make known In writngi 10
agreement to accept the option OF priv.
iiere herein named and TO make and
carry into effect said purchase ct the
sum or price Of 500. 900 gold coin and
within said period execute its notes Of
500, 900 each payable In three, sir, nine
and twelve months after the date said
option shall be made known with In
terest at one per cent. per month ! on
receiving which said Tunnel Company
will execute and deposit IN sserop st the
Anelo-C California Bank. San Francisco:
deeds OF said property 10 Be delivered
on paymsn. OF said notes. Time Is OF
tho essence OF this agreement ~ far a.
concerns the period Of time within
which said option is TO b executed.
Nothing in this agreement 10 to be 10
construed as to oblige the Julia Con-
solidated 10 make said purchase.
state Prison Escape.
A. 49, T..