Arizona weekly citizen., 1885-03-14
THE GUNSIGHT NINE.
Trouble Created by an Arizona Mine
 Among MissOurian InYeStOrs-Ser.

For the past three months Southwest
 Missouri has been agItated over large
 transactions Tn mining stocks A deed has just been placed on record here
 around which centers considerable in- | ierests. Some months ego & syndicate
 Tas formed at Carthage winch sent a
 ;Ommittee to New MexIco and Arizona | 70 make investments in mInIng
 stocks. The committee went to Pima
 county, A. T., and purchased the Gun
 sIght mine, owned In part by Dr. R Hil-
 ton Chase, for winch they psld SJO,OUO.
 and agreed to assume certain debts
 resting against the mine. The purchas-
 CTS organized under the name of the
 Carthage Silver Mining Company and
 issued J00OO0 shares, with facs value
 of SD each. Dr. Chase received in pay u-ent for the mine real estate in shl
 d ound Carthage, valued at S50,C0O,
 S6,JO in cash and S72,JOO iD share, of
 stock. Dr. Chase then loaned the
 company S6,5O0 la cash for which he
 secured lien on the mine. In the
 meantime Charles M. Barry. an ex;en-
 sive Vernon county farmer, invested
 S0. 5OO Tn the company's stock aud was
 elected Superintendent and sent out to
 'CSA aAACA AIt NbAns -hAs DnAAr Ahoh
 with him Sl2,OOO, winch be had secured
 for the company on a note given by him. self. iudOIsed by M. 5. Tower and Rob ert Moore Of Carthage. This money was apphei tO the payment Of claIrs against tue mine. While Barry was looking after the mine Dr. Chase was at Carthage, sni when Barry returned home Dr. Chase was Tn th:s city. Mr.
 Rsa- ,.N. q the Gunsieht, and purchased Si0.O0O additional shares from Dr. Chase, agree Ing to give hlm in pawn nt hIs hne farm in Vernon county Oi $50 acres, together with all uf his personal prop 1 erty, qalued at about Sj,OOO. A deed | was m de tO 16O Hcfes of tue land, but | before the personal property was trans | fsrred Mir. Barry changed his mind ana l Dr. Chase failed to receive any part of l It. About SIX weeks ago Mr. Bury lief; ! this cUu-try and no one seems tO kDuw | where ha has been keeping himself | During that time the only information I received of him was thTOu.h letter | written by him to one of our city pa | pers, saying he had made the discovery l that the Guusight mIne was utterly | and thet Dr. Chase was a fraud. MT. Barry att~r1cN then lusu- tuted suit to "a, aside tue deed on the ground of fraud. Shortly afterward Dr. Chase commenced n' gotiating with var ions partIes for the sale "f the farm H. at tirst of red 1t for S1,0OO, and finally soli 1t to Robert Irons Uf this city -s- 5000. IL IS thought that Mir. i, made the purchase tO protect Mir Barry. Dr. Chase continues to assert that the Gunsight mine is all that has been rep resented, and that Mr. Bsrry's course has been taken for the purpose of depre- c!aiing tbe stock, with view of buying 1t He declares that MT. Barry remains away from this city because he fears a visit from the Sn rItf of Pima county, 4. T., for having. as he alleges, while there, paid the miners in worthless checks and obtained goods upon misrepres natives. Parties si ;, dalia have invested about S20.pJO or more Tn the GuUsight niue. There are many holders of the stock at Carthage, MontrOse and other towns ID southwest Missouri. The agents of ths company have been active and have sold B large part of the stOck.-SUecial St. Louis Giobe-Democrat.