The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1894-05-15
MONTANA MINERAL LAND co.
Helena Men Who were Interested ZEE
plain Their Connection.

Helena Men Who Were Interested Ex-
plain Their Connection.
To the Independent
In your Introduction 10 shs article copied
into Jour issue OF Sunday last from the
Detroit News. In which Mr.. Dsnisl p.
simpson and tho Montana Mineral Land
Develor msnt compsny under his msnses-
msnt :is vory sccurassly portrayed, you
state that N. N. Holse'. q. ID. Curtis. w.
Al. q. Settles and A. II. Nelson severed
thsir connection with tho company year
ago and disposed OF their stook. That the
public may know just when and how we
left the company, aud what disposition We
made Of our stock We will state that In July
last ue mailed 10 evsrr stookholdsr In the
company q COPY OF the following circular;
TO tho stockholders Of the Montana
Mineral Land Development company:
From the date OF its ineoFl orAtion we have
been trustees Of the Montana Mineral Land
Development company. and together we
constitute q majority OF said board. BY
virtus of our selection Mr.. Dsnisl l.. Simp-
son, the only other resident member of the
board, has been during the same Ietioi tho
COM Any's general manager, having, how
aver (es is true of all general managers OF
miuinR ootps ations), no Independents au-
thoTiiy. and acting regularly aud legally,
only under the direction OF the board OF
tus,ees. Ia spite. however, OF tbs express
limitations OF hts powers, M defined by
section 8 OF our by.lavA Mr.. Simpson has
not only ignored the supervisory authority
OF the board. but In two recent and con-
spionOus Instances has endeavorOd TO run
the company into debt 10 the extent OF some
1000. by giving orders for machinery,
In opI osition 10 the will Of tho mnio ity OF
I a - ...a IL. A. a l..
| tion Of the carefully worded limitations as
10 the eempany's indebtedness embodied Ia
section 10 OF our by-laws. In tho second
OF those attempts be has been 30 far sue
| ossaful that by colluaion between himself
ald the foreman OF the minea tand Afttr
tho latter had been expressly directed BIZ
the hoard 10 Isoaive no further orders from
Mr.. simpson) $i,1 12b woth OF machinery
has been delivered and placed upon the
company has been, by Mr. simpsons indi-
yiduAl act forced into debt in spite OF all
that tho majority of the board OF trustees
has been Abls 10 do the contrary.
"Bg such high handed and persistent de-
| hance Of the constituted authorities OF our
COMPANY, we have been 'elucIantly forced
to the opinion that In tho POSITION he now
occupies Mr.. Daniel y. Simpson IL neither
n safe, reliable nor oompeient employo Of
| tue company ahu w inVs' tuo' oivio tsAu"e
10 servo az TRUSTEES beyond the annual
meeting ~ tho stockholders "a be held upon
Aug. l. 1893 except upon the express un'
dtrltaDding shat from aud after that date
Mr.. Simpson ahall cease 10 bo the general
mauHger OF tho company.
"OJr confidence in the success OF the
plan upon which ths Montana Mineral
Lend Devolopment company was inoofpo-
rated 10 entirely unsbhkSn. but are conn
dent that 10 retain our present general
manager Ia 10 Tisk thu lass Of what the
stockholders have already Invested, aud Ia
insure tho speedy collapse ana ruin OF our
company, and thlA notice 10 isaued
that you may know that No Gre
carefully aud consolsntiouaiy acting In your
iptsrss, and aiso for the purposs OF rsliev-
ina ourselves from all responsibility for the
disastrous feaults that muet certainly fol-
low fiom allowing Mr.. simpson 10 kny