Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1888-06-02
GONE
VI. n. y. Hnston PiIfer. from tbe
Dividend Account Go play Faro.

Dividend Account 60 Play Faro.
s. ,. Daily Report.
Another nice young man has gone wrong
Hockey pokey, faro and other enticin,
games were too much for him. II,
couldn't let well enough alone. A goo,
position and a good salary were not enough
Tor MIN. He had to pilfer from his EN-
ployers, and, as usual, he was found out.
The wrong-doer this time is II, II. P.
Hutton, or Alphabetical Hutton. .
as he is generally known on Pine
street, where be has for nine months occu.
pied the very responsible position of Sec.
rotary OF the Eureka Con. Mining Com.
pany. He was born in England Of parents
who are well connected and well.to-do.
Several years ago he entered the employ u
the Eureka Consolidated Mining Com.
pany a. a clerk under Edward III. Wilson.
then the Secretary. He was smart, capa.
be and well liked, and when Mr.. Wilson
resigned to go into other business, young
Hutton was elected TO fill the vacancy.
Large sums OF money has since passed
through his hands. Thousands Of dollars
in dividends have been paid by him over
the company 5 counters. He has handled
and negotiated the sale Of big lots of hull
ion. lie was looked upon as a model min
ing secretary, sans peur ct sans reproche.
But-There was an accOun. on the COM
pany's books known as the unclaimed diyi-
dend account. Persons holding stock died
of or went into distant parts with the Eu.
reka Consolidated shares in their pockets,
and the dividends accruing were uncol-
lected. Hutton saw no reason why some
Of this idle capital should not be turned to
what he considered q good and profitable
account. He was an inyeterate faro player
and he helped himself freely from the I'M
claimed dividend sack, and passed the
money over the green cloth. He always
counted on making a big winning so that
he could replace the money thus taken.
That is always the case. But somehow
the faro banks and the hokey-pokey games
got the best of it.
FOUND OUT.
About ten days ago an acquaintance of
VIM. Fries, the President Of the Eureka
Consolidated Mining Company, came to
him and said: "That's a smart young man
you have for Secretary Of your mpan
He's a very ambitious fellow and has ap-
p~arently taken q contract to break all the
faro banks in town. He must W plenty
II Eureka Consolidated shares and be col
Letting lots of dividends" Mr.. Fries said
nothing, but bad Hutton Swallowed by a
private detective. When cornered, he
confessed TO having gambled freely. Then
an expert was put upon the books of the
company.
Hutton was removed from the Secretary
ship pending the investigation, and 7. N.
Iillienthal of the Anglo-C California Bank,
uuhn ratrouauta nnuaaroua arahnldaro IN
the East, was appointed Secretary pro ten,
THE PILYERINcs.
So far as discovered do not amount to
much. Although an examination Of the
books is not yet completed, the aggregate
sum found to have been taken is about
$500. As before stated, the coin was
taken chiefly from the unclaimed dividend
account. When found out, Hutton com-
municated with his parents in England,
and they Immediately covered the first
cabled money order. The amount now
known to have been taken exceeds the
sum telegraphed, but it will probably be
made good.
The directors Of the company have as yet
taken no action toward prosecuting Hut
ton. A meeting was held this merning,
and an adjournment was taken until
Thursday.
NEW SECRETARY APPOINTED.
At the Director meeting to-day Will
Cunningham, formerly with the Safe
Deposit Company and for a year past in
Of the money-order department of
Wells, Fargo & Coz Express Office in this
city, a well. known and deserving gentle
man, was appointed permanent S Secretary
a the Eureka Consolidated Mining Com
pany, in place of Hutton, removed.
EUREKA con. DIVIDENDS.
A question has been raised as to the
legality Of the dividend of % cents per
share declared by the Directors Of the
Eureka Consolidated Mining Company on
the 22d inst, and made payable on june Z.
1t has been claimed that the company
yves a sum Of money at the bank which
exceeds its available assets. A Daily
Report reporter made inquiry of Presi-
dent Fries about this matter to-day and
was informed that although the company
ives about $40, 600 at the bank its avail
able assets greatly exceed that sum. The
statement shows that there is ore on hand
at the furnaces costing SIG, 900, which
when sinelted will yield $780, 900. Action
upon the matter Of the dividend has been
postponed until the adjourned meeting of
the Directors, to be held on Thursday. IL
it is found that there will not be sufficient
cash here by June 7 to pay the dividend,
then the dividend will be rescinded.
Decision fn "a Nevada Land Case.
Caoratarv Villas has aAirmaI tho he.