The morning call., 1892-02-04
HALE Il NORCROSS.
Inquiring Into Purchases of Stock
by Directors.
a Difident Broker Admits That Hobart &
Hayward Bought Largely-TestimOny
Of Assayers.

The further trial of the suit of Martin
w. Fox against the Directors of the Hale
Il NOrcrOss Mining Company was resumed
yesterday morning by Justice Hebbard.
The bullion records of the Virginia City
office was introduced and admitted in evil
dence. After some argument the records
Of the number of cars hosted daily during
the time charged in the complaint and the
assays of settlers samples were also adj
mitted as evidence.
X. II. Collins testified that lie was at the
Hale ~ NorcrOsS mine In 1890 and saw cars
hoisted and weighed by the foreman at
Superintendent Keating'S direction.
Attorney Baggett for the plaintiff said
that the object of this line Of inquiry was
to substaatiate the charges against Hobart,
hayward and the mill company. He would
show that from June /, 1887, TO July, 1890,
thousands OF tons OF ore were sent from
tie mine to the Nevada mill of which no
returns were made to the stockholders.
Inc witness then said that the ore ran
about 1882 pounds to The car.
PURCHASES OF STOCK.
Herman Zadig Of the stockbroking firm
OF Zadig, WOHberg IL Co. next testified
that he had never bought stock for the Ne
Vada Milling Company and that no such
account had ever been kept by his firm.
Attorney BaEgett took up the exhibit OF
the Nevada Mil account from 1887 to 1890,
ana turning to page ninety asked the wit
ness II he had ever bought any stocks for
Samuel Jones"
The witness reply was; II decline to
answer"
Attorney Baggett then showed by the ex-
hblt that on May Il, 1890, Zadig, WolIberg
~ Go. had been paid Sl3, 202 61 balance due
Tor the purchase of 1890 shares Of stock for
the account OF Samuel Jones and \. O.
hamilton. This purchase, the attorney
claimed, was really for the pool controlling
the Nevada mill, declaring that the eighth
interest paid President Levy out of the
0Te-cru5 hing profits was small TO the re-
celptS Of Hayward IL Hobart. If he
could trace that 100000 or more OF the
stockholders property which had been
diverted from them, he had right 10 trace
where it had gone TO, seize it and transfer it
back to the stockholders.
WITNESS ZADIG RECALLED.
A recess was then taken until the after
noon, when Witness Zldig produced mem
OTandum showing that on February IL, 1890,
bis firm received $1,000 for 1900 shares of
Hale q NOTcrOSS stock on account OF ii 0Oart
" Hayward. 1t was charged to an account
called H" The S13.202 90 received on
May II, 1890, was for 3040 shares of Hale u
NorcTosS, 1850 shares of ChOllaT and 1900
shares Of P0t0si The witness did not re-
OcI VI OOHeS VI HduiiilOH having anS
thing 10 do with the purchase Of that stock.
Morris Rehfsch, another stock broker,
testified that he received $1,000 for Hale u
NOrcrOss stock bought for the joint account
OF Hobart 4 Hayward, the account having
been kept in those names
Ii. w. Tangerman. Virginia City as
sayer. testified to having taken from the
Nevada mill slime pond samples, which had
accumulated for possibly two years pri6r to
November "a 1891. The samples were as
sayed in San Francisco. The mill was only
working Hale Il NorcTOss and Chollar ores
then. The assays were SO to S24 to the
ton. The witness testified as an expert 10
tile values If milling ores and shines on the
COmstock.