Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1879-04-02
THE SUTRO COMPROMISE.
THE ARRANGEMENT PERFEC.
TED AND THE PAPERS
SIGNED.

CVnuiIiOhs VI tHe Agreement-Th
DLafn to BE Completed Within
Ninety Days-COMrse Of the Lat.
eral Drifts-The Royalty Re.
duced to 81 per Ton on $40 Ore
Etc.
The compromise between the Su-
tro Tunnel Company and the vari-
Gus mining companies of the main
Comstock lode, has been definitely
ratified by the parties interested, and
is now in force. The general pro-
visions Of the agreement on the sub.
ject are identical IN all, ard are in
effect as follows:
The preamble recites the original
agreement entered into in March
1896 with the Gould & Curry Silver
Mining Company, and declares that
all the mines on the Comstock lode
are beneficially interested In the
speedy completion of the lateral tun-
neis and are DESTROYS of adjusting
all their differences.
Article list of the agreement de-
clares that the terms of the original
agreement have been complisd with
by each party.
Article I'd provides that the main
tunnel is considered as constructed
according to the terms of the origi-
nal agreement, bat provides for the
construction OF a covered drain to
carry off all water OF whatever tenn
perature within ninety days.
Article Sd provides that until the
end of ninety days no water shall be
discharged into the tunnel, but that
after that period. or sooner if the
drain is ready, the mines shall be at
liberty 10 pump any water into the
tunnel, including water used in the
mines for propelling power.
Article 4th provides for the con-
struction of lateral tunnels lone to
the north, running first to about
one hundred feet west of the G. K G..
shaft, thence to about one hundred
feet east of the Sierra Nevada shaft,
and thence to about five hundred
feet east of the Utah shaft. The one
to the south shall begin at the Julia
shaft, which is already connected
with the main tunnel, and run to
about eighty feet east of the Yellow
Jacket shaft, and thence to about
two hundred feet west Of the new
Overman shaft. These lateral tun-
nels are to be begun within ninety
days, to be we'll constructed, eight
feet wide by seven feet high, and to
be pushed ahead with due diligence.
Article 9Th makes provision for
DETECTING from the regular course of
the lateral tunnels in case unfavora-
BILE ground Ia encountered.
Article 9Th sets forth that the
mining companies agree to advance
$40 per foot for the lateral tunnels,
payments to be made at that rate on
the 5th day OF each month for work
done during the preceding calendar
month. Each of the companies has
the right TO construct lateral tun-
nels before its own claim, and re-
ceive credit therefor at the same
rate.
Article 9TH provides for the repay
ment OF these advances by allowing
the mining companies to deduct
ono half Of the monthly charges on
ore reduced or sold, until the
amount advanced is paid.
Article sth provides for the re.
duction of charges from 81 to 81 per
ton on ore yielding net over $40 per
ton Of 1000 pounds.
Article 9th provides that the mines
between the California on the north
and the Chollar Potosi on the south,
shall be considered drained when.
ever the tunnel is ready to receive
water from the mines now counec-
ted with 1t. The mines north OF the
California or south Of the Chollar-
Potosi are to be considered drained
as soon As the lateral tunnels reach
their respective centers.
Article l0th provides for the min
ing companies furnishing a sworn re-
turn OF their product each month at
each mill, with the actual yield in
bullion, and for the payment OF
charges thereon, by the 10th day OF
each succeeding month.
Article 18th provides that no mine
shall allow any other mine which
has no agreement to discharge its
water so that it could be pumped
into the tunnel.
Article 18th provides for the con-
struction Of an outside parallel drain,
II 1t shall at any time become nee
cessary.
Article 18th provides that all the
agreements are TO be deemed to be
of the same purport.
Article l4th declares all articles to
be binding upon each party and
their successors or assigns, etc.