The DeLamar nugget. [volume] (DeLamar, Idaho) 1891-1900, 1893-05-20
THE sroDDARD SOLD.



The danger OF an expensive and pro-
tracted law suit has been avsrted by :
transaction closed In Boise on Thursday
by which the DeLsmar company be-
comes the sole owner OF the famous
Stoddard mining claim.
The history of this mine has been an
interesting one. It is the oldest located
claim on what WAS then know Is W Wsg-
ontown, but now called DeLamar noun
tain, and covers an immense quartz reef
upon the northeastern point Of the
mountain. The locafors were Jack and
George Stoddsrd, John D. Springer. G.
M. Hays and Tim Regan. Mr.. Regan
subsequently purchased Jack Stoddard's
interest and Mr.. Hays bought out Geo.
:Stoddard and SpriDgsr's. These two
owners then had the ground patented.
Hays owning three 6fths and Regan
two-ffths. Very little Development
work was done on the ground until sf-
ter Capt D-Lamsr had purchased the
Wilson claim and located all the re-
manning ground on the west and south.
west and had proven these claims to be
rich. Then Senator John P. Jones, his
brother aud State Senator Williams Of
Nevada, attempted to get q working
bond on the property aHd finally suc-
ceeded in getting q bond on HayS
thres-fifths interest at $4,000, by pay
ing Hays bonus of $4,000 cash, but
weae not able to come to terms with Re-
gan. This O ,tion VAS for two years and
was afterwards extended onu year by
the payment 10 Hays Of an additional
bonus of 5000. Senator Jones and his
friends expended about $500 in ex-
plotting the pro ,erty, Regan, after the
first year, declining to put up for the
work. They did not make any valua-
bic discoveries and " ben the option sx-
pired failed to take Hays interest.
Shortly after this, or in July last, Hays
sold his interest to the DeLsmar COM
pany for 500, 900, cash. This ssls at the
time engendrred considerable i'll feel
ing between Hays and Regan, Regan
claiming that Hays had promised, or at
least was ia honor bound, to give him
the irst chance to purchase, and then
had by telephone, limited him to IF
teen minutes TO put up the money, Mr..
Brainobe-, for the DeLamar company,
waiting in the meantime TO close the
bargain. Be this as it may, the Della
mar company secured Hays interest
Shortly after this deal was made Mr.
Regan set force of miners sinking an
incline shaft within few feet of the
southwest side line of the property, it
being joined on that side by the Chris
tisn Wahl claim, belonging to the De-
Lamar group. When this incline was
down $50 feet it was beyond the side
line and in the Wahl ground. Regan,
claiming he was following vein, then
bsgun drifting further west into Wahl
ground. The manifest purpose OF this
being to prove that the apices of Lodges
being worked by the DeLsmar Co. were
on Stoddard ground. The DeLamar Co.,
to prevent Rsgan doing moro work on
this ground, took advantage of the fact
that they owned q ihres-ffths interest
in the Stoddard and also had right to
work there. They sent miners down the
incline so feet and started drift there,
the first round of holes fred putting a
summary injunction upon any further
progress being made by Mr.. Rsgan's
men. This brought matters to crisis
and created considerable excitement
here and in Boise, Regsn threatening
to bring suit for an immense sum, claim
ing the apices of the ledges worked in
the DeLamar ground, out Of which mill
lions had been taken. This implied the
beginning of litigation which, whatever
way it may have ended, meant years In
court and the expenditure of immense
sums of money. The statu quo, how
ever, remained until this week, and
now no lawyers will fatten on big fees
growing out of this dispute. Mr.. Regan
has received = many times greater pro-
portionats price for his interest than did
Mr.. Hays, and the DeLamar company
has not only escaped very expensive
and vexatious law suit, with possibly a
disastrous termination, hut has added
to their immense property claim con-
sidered here one OF the most valuable
on this famous mountain.