Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1881-05-05
JUDGE RIsrNe,s DECISION.
what It May be, and How IL "A
Likely TO Affect the Price of Al.
bfOu stock.

LIKELY 10 AMect the Price OF Al
bf0n stock.
There is no other subject just now of
such deep concern to the Eureka public as
the forthcoming decision Of Judge Rising
in the celebrated Richmond-Albion in
junction suit. Everyone feels an interest
in it, and pretty much everyone has his
own idea as to what it should be. The
same state Of feeling, it may be added,
prevails to q very great extent in most Of
the stock-dealing towns and cities on the
Pacific Coast. Judge Rising took until
the 18th Of May to write and file his
opinion. 1t may be forwarded much
earlier, but we are certain Of its receipt by
the date mentioned. Before leaving for
Virginia Judge Rising informed the Clerk
OF the Court that he would telegraph him
when he had mailed his decision. No
telegram has been received. This shows
that the decision has not as yet left Vir-
ginia City. The Judge also informed the
Clerk that he would most probably send
the document by post and not by
express. Unless instructions to the con-
trary are forwarded at the same
time by Judge Rising, the Clerk will open
the package Immediately on its receipt, so
the public will not be kept long in ignor-
ance Of the nature Of the decision. But
what it will be is the question of para
mount Importance. Many people here
abouts entertain the belief that the west
erly end line Of the Tip Top extended will
be established as the dividing line between
the two companies. On the big ledge the
DRY, there can be no doubt Of the right Of
the Richmond to everything eaat Of a line
SO drawn or extended, and whatever else
the Judge may do, he is bound to raise
the Injunction against the Richmond 10
that portion Of the disputed territory. SO
much is a settled fact. Whether the in
junction on the Albion with reference to
the ground west Of the Tip Top line ex-
tended will also be dismissed is not quite
so clear ; and the controversy has virtually
narrowed down to this point. As we have
stated, the Richmond is out of the woods
for everything east Of said line, while
there are some serious obstacles to
the undisputed and unrestricted en-
joyment by the Albion Of everything
to the west Of this line. The Poor
man claim and the st. George patent
Of the Richmond both overlap that portion
OF the territory and bonanza which the
Albion stands any show Of winning. 1t oc-
Cured to the writer during the recent trial
(and he tried to judge and report impair
tally that it was pretty clearly shown
the Poorman had been absorbed by
other claims, and was really Of but little
value as a title. 1t was also shown, we
think, that the issuance Of the st. George
patent had been characterized by sufficient
irregularities to render it absolutely void.
The weight Of legal authority seemed to
inatifv fhia viaW Tharafora VIC hold m
the opinion that the Albion must ulti-
win all of that portion of the
great ledge west Of the westerly end line OF
the Tip Top extended. This is our indi-
vidual Judgment in the premises, and
1t is also, we doubt not, the judg-
ment Of many other %unjudicial
minds Witnessing the late proceedings.
But will Judge Rising overthrow the st.
George patent in the case which he nov
has under consideration? 1t must be ad-
that the issue, as to whether it is
valid or void, was strongly pressed by
for the Albion. 1t seems that the
was presented in such q way as to
no room for lodging or Q compro-
mise verdict, even though the Judge had
inclined to such a course. 1t is this iden-
teal point in the case-the chance Of q
.clean-cut verdict to the Tip Top line
has so INSPIRED the friends Of the Al
bion with confidence Of a sweeping VIC
1t is this point, also, more than
anything else, that has made the Albion
such a lively flea in the stock market dur
ing the past week. But those in
must remember that it is
no sure thing that Judge Rising will feel
in setting aside the st. George
He may possibly reason that in
REV of the fact that the patent has been
in q direct proceeding, to be de-
in the U. s. Circuit Court in
July, that he will permit matters to stand
lust Is they are until that time. The
whole controversy on its merits, likewise.
i must not be forgotten, must still u
he gauntlet Of another trial and the ver-
iict Of a jury, Judge Rising's decision be-
lng final in nothing except as regards the
dissolution or continuance Of the injunc-
The trial on the merits Of the case
near at hand. and His Honor might
therefore conclude to require all parties
10 keep their hands off until that
rial can be had. These are questions
which should not be lost sight Of. The
SENTINEL would not knowingly mislead
my one for both Of the mines. Neither
,ne Of the p~roprietors. nor any n con-
aected with this establishment. has ever
owned or had the promise Of q share Of
Albion stock or any other reward, imms-
or remote, since the organization Of
hat company. We have believed that the
Albion owned valuable rights, and we have
only been interested to the extent that
,qusl and exact justice might obtain be-
.ween the ~litigants. This and nothing
more. Our community, too, were large
holders Of Albion shares. We believed
hat these shares were valuable and we
ave tried to aid them in securing a fair
price for them. 1t has been said Of US
hat we have pulled the Albion
into notoriety and given it
/ value Of three-quarters Of .
II SO, we are glad Of it. And
low as to that dividing line again. Opin-
ons differ as to how the Tip Top line ex-
ended will affect the main ore body in
The friends Of the Richmond
that in that case they will get all Of
he ore Of any value, while the Albion
claim that they will get the big n
II the bonanza with the dip Of the body
IT'LL making into their ground. As be-
iween these opinions the SENTINEL is I'M
.ble to decide. We have tried to get
information, but have usually
,een met with conflicting statements, ac-
,ording to the bias Of the party addressed.
From the best authority, however, within
reach, we have been led to conclude that
he line in question would come very
nearly severing the ore body, so far as
developed. pretty close to the middle with
Ill the possibilities Of the dip and q con.
tinuance OF the ore in favor Of the Albion.
When we say Albion, Of course we mean
Uncle Sam. which claim belongs also to
The Albion Company. The bubble Of the
of the Albion that no ore has ever
been discovered in the Albion proper is
100 childish and weak for serious thought
Dr. consideration. Ore has been found in
great quantity and does exist in the Uncle
Sam, and that being a part Of the Albion's
property is quite sufficient. The whole OF
Ihe ledge in that vicinity is covered by the
rar;ous titles of the Albion C~onaolidated |