The Mineral argus. [volume] (Maiden, Mont.) 1883-1886, 1886-07-22

, $50 days, at S5O.... 32. 80,
Third '' 2s5 days, So to date II 25,
Total fine .s97. 80,
due our school fund at this date and To h,
added to and continue until paid.
Charles W. Bessey, the only residen,
stockholder, says that he and c. c.
SNOW were called into the Office of the
Company sometime in August, 1888
and Mead had proxies of the st. Paul
stockholders and at that meeting, which
was without legal notice as provided by
our statutes (see Sec. 42S, Rev. Statutes,
page 4ol) which in substance require u
publication notice of 10 days in nearest
newspaper, and at this illegal and in
formal meeting and with so small
portion OF the stock as represented by
bessey and Snow, the following trustee.
we're elected: c. w. Mead, s. 5. Eaton.
A. DeGraif, T.. n. Saunders, and another
now forgotten by Besscy.
Since that time Mr.. Besscy saws he
has never received or seen the notice
OF any publication.
Ihe Collar Mining and Improvement
Company was organized October 18th.
lSs2, under the general laws of Mon.
tana. Capital stock s2OO.OOO. Princi-
pal place of business at the place known
as the Collar mine, in Warm Sprinp.
Mining District, Meagher county, Mon.
tana, with a fiscal agency at st. Paul.
Minnesota. &. w. Mead was elected
President, s. S. Eaton, Secretary and
Treasurer. The Company not having
complied with Sec. 25S, 9Th Division
General Laws Of Montana, the name,
OF all the trustees are not known nor
the proportion of the capital stock
actually paid in. But it is known that
Mead, Eaton A. DeGraff and +. n.
were four of the five trustecs
The Section above referred to, provides:
Every such company shall, annually.
Wtnin twenty days from the LIST dnv oi
september, make report which shall stat.
the amount Of capital and the prouorf;on
,ctuaiiy paid in and the amount Of exist.
ng debts, which report shall he siyned h.,
he President and majority of the Tr,,:
eees, and shall be verified by the oath 81 ,
ne president and secretary of said com. ]
,ahy, and filed in the office of the clerL ns ,
ne county where the business of the com
'ahy shaii be carried on, and If any of said
onpany shall fail to do so, all the trustees !
I, .n. company shall he jointly and sever "
ny habie Tor all the debts of the compapv :
hen existing and for all that shall be con.
racted before such report shall be made" :
Inquiry having been made as to il
'hether this Company ever filed "A q
eport as required, Mr.. Rotwitt made a
ne following certificate: a
ERRIToRy OF MONTANA n
county OF Meagher. n
1, L. Rotwitt, County Clerk and ex.of,icio u
ecorder OF Meagher county, do hereby q
rtny that there has been no report filed u
.ne cohnition of the Collar Mining and -
Improvement Company (as provided nv -
e. 2oS, 9th Division Rev. Statutes Of "
ontana) In the Office Of the County Clerk ~
Meigher county, Montana Territory. eo
Attest my hand and the seal of soid D..
e"gher county, this 2Gth day of Febru- "A
y, 1856. I, rnrw,,,
lsEAL.I MearberC Co NJ r. -,
'he laws of the Territory further al
ovide for the protection of crelitors. A.
ID for the purpose of preventing an
'uds upon the public by the require re
ents of Sec. 2G9, 9TH Division. General To
Iws, as follows: co
III shall be the duty ri the trustee, oi 81
Try such corporation or company To mn,
Use book to be kept BY the treosur.r ''
clerk thereof, containing the names of th'
PERSONS, alphabetically ranged who W.,
We been, or shall, within the provisions
his article, become stockholders of such Ju,
npany' showing their places of residence. en-
number oi the shares Of stock held by l. 4
IN respectively, and the time when they ~
anne respectively the owners of suri !
res, and the amount of the stock actu of
pad m; which book shall, during the Al,
al business hours of the day and ON '"e
ry day except Sunday and the lth of the
y, DE open Tor the Inspection of stock .r,
iers and creditors of the company, and ''
Ir personal representatives where TN. bti
re- or principal place of busine., oner.- & 4.
/ shall he located. And every wa
lpany that shall neglect to keep such ent
X open ior inspection shall forfeit to will
people oil Montana the sum of fifty
ars per day for every day il shall So ta'i
ect; to be sued and recovered in the \
ne of the people oi said Territory, bv nm,
District attorney Of the county in
IA the business oi said corporation thi-
] be located, and when So recovered tai,
shall dc paid into the treasury a..
ueh county for the Use of the common ''c
'ols therein swil
he Company having made many Ishr
expensive mistakes. while the local lab'
iitors were becoming unfortunate thei
heir demands for payment of their mat
dues, Trust Deed was made by
President and Secretary of the
'pany without calling meeting of
stockholders, if even meeting of /
Trustees was held, and one ". il. !, :
ll,h, the attornery for Mr.. Eaton Bro,