The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1894-06-23
FICTION AND FACT.
Responsive Explanation TO Recent
Helena story.

Helena story.
In the Helena Independent Of Thursday
there appeared, under Missoula date,
and credited To tho special correspondent
of that paper, a despatch which Is given
below.
Preceding tho despatch were display
head lines which read as follows: HAS
Turned it all over-Daly Transfers all his
Bitter Root Holdings to the Anaconda
company-The deed six months old. but
was not recorded until Wednesdays
sideration was 81 Az, $40. i3-lncluded tho
famous Riverside horse ranch-Promses
don't CO."
Then came tho body of tho despatch
which read: IAN instrument filed to-day
ia the office Of the county recorder of RAJ
valli county at Steyensville deeds and
transfers TO the Anaconda Mining COM
pany all OF Marcus Days interest in the
Bitter Root Development company, his
interest in the townslic OF Hamilton and
all of his ranches and personal property in
that county. The consideration stated in
tho deed is 81 Az ,379.i3. The date of the
instrument Is about six months old. No
information concerning the significance
or reason OF this gigantic transfer OF prop
crty could be obtained from any OF the
gentlemen In this city who are generally
credited with having close business con-
nections with Mr.. DAILY. Ii has been inti-
mated. however, that Mr.. DAILY has simply
had tho property in his name for tue Ana
conda Mining company, and that the OBJ
jcct is to put the whole OF the many large
investments made In Rayalli county by
Mr.. DAILY into ono corporation. that many
of tho purchases were made In small
blocks and tho business could be more
easily consummated by a private individ-
uai than by a corporation.
about six months ago or close TO the
date Of the decd many rumors were aloat
concerning Mr.. Days management OF the
vast interests of the Anaconda Mining
company in this state. The statement
that this transfer had been made was
freely circulated here but as nothing was
placed on record the truth of tho rumor
was generally discredited. A portion of
tho property transferred is the famous
Riverside ranch which contains svme-
thing over 1900 acres of land in the best
portion of the Bitter Root valley. 1t is
seven miles long and lies between Cor
Wallis and Grantsdale."
The facts are that, less than two
months ago. OH April q, tho property of
tho Bitter Root Development company
was conveyed TO Marcus DAILY, this con-
veyance being made through Mr.. DAILY
merely as an incident in n reorganizati
The transfer included property at Ham,
ilton. land, saw mills. timber and tho
like, none Of which ever had been claimed
or known as the property OF Mr.. DAILY. Pa.
pers that are dated May /, 1894, conveyed
10 the Anaconda company the property
which, four days earlier. had been con-
veyed to Mr.. Daily by the Bitter Root De.
yclopment company. Directly after his
return from California Mr.. DAILY executed
this conveyance. The date of his
Acknowledgment is June 10, 1884. The
transfer has nothing whatever 10 do with
the Daily ranch, which is an entirely sop.
arate property Of about 1900 acres, or
with any of tho stock or properties on the
| ranch or related to ii. The independently
statements about delay IN recording
deeds and its insinuations respecting the
motives Of any OF the parties to the trans.
| action arc dishonest in every respect.