The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1894-04-21
EXIT, YORK IRON co.
II Is No Longer Connected
with the Dunn Mine.
MACHINERY GOES At SHERIFF SALE.
Corrlgan, Mckinney & &C.
Now Own the Plant.
The New Owners Would Operate
the Mine Under a Fair Rate of
Royalty--O Offer i5 Cents.

/. The York Iron Company has no longer
any claim upon the Dunn mine. The
ShcriIT's sale which occurred on Monday
removed from the property the last
vestigo oi that organization, and vested
the ownership Of the machinery and
material in Corrigan, Mckinney & Com
pany. of Cleveland, OHIO. Tint com
pnny was represented at the sale 10y MIR.
% Mckinney, OF the firm. His bid
Uvcred nll wngc claims against ;heprop-
erty aud resulted in the purchase Of the
articles exposed Tor sale. Mr.. Il. +. Cole
was also present. Before leaving the
city, Mr.. Mckinney made arrangements
Tor the immediate payment OF the wage
claims. The men will not sustain loss
upon any legal proceedings instituted to
recover their wages.
Regarding the future OF the property,
Mr.. Mckinney informed THE DIAMOND
DRILL That they were prepared to re.
open the mine Immediately provided
that a satisfactory royalty rate could
be obtained from the owners OF the fee.
81 havo offered the fcc-owners fifteen
cents per ton" he said, "and that is the
last offer they will receive from us. The
owners OF the Chaplin fec, a producer OF
better ore, are offering ten and fifteen
cents-tcn cents for REX" and fifteen
cents for "Chapin." In view Of this fact
1liteen cents is all the owners could con
sistcntly expect. The prices Of iron orc
does not warrant the payment OF fancy
royalties and the owners oI the funn fec
will probably realize tins fact after il is
too late. No, sir; we shall make no
further proposition TO the icc-owners.
They have our figures. | am Informed
that one OF the gentlemen IN, question
has remahRed that r. will freeze owe
beiosrc the Dunn will he leased ut les
N than forty cents per ton. IL is m.
Union TINT the vicinity mentioned b.
the gentleman will freeze over very tigl
ard grass will grow on the ice very gree
bei6rc the Dunn will ngain be leased n
forty cents per ton"
Capt. S. G.. Bennett, in whose charg
the property left, informs The damon
Dull that IL is thc intention oi the pul
chascrs tO remove the machinery 4
Negnunec and that ears have bee
ordered for that purpose. Inquiry a
the G. x NV. railway office develops th
fact that IL will he several days belor
the ears can be delivered at the mine, n
some track repairing on that spur
necessary.
IL is reported, emi.auihoiitativcl,
hut, nevertheless, with color Of trutl
that Mr.. Luke Wclch stands in the wa
of lease Of the Dunn at a rcasonab
figure. The Sheldon estate and VI
Welch own the fee. The Sheldons, il
said, nre willing TO accept reasonab
royalty, but Mr.. Welch desires to wa
for the mercury oi "hcncev. to 60 dow
Mr. Wccll and hiS mercury propositio
may he all right, but IL liz the opinion
THE DIAMOND DRLL TINT he is making
very grave error. lie Is certainly q
priying Crystal Falls Of support whiC
nature has provided for IL. II Mastodc
township carefully considers this ma tc
IL will not forget that every ton OF o.
in the Dunn mine is worth forty cents |
@ owners OF the Fec and assess u
property accordingly.