The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1895-10-15
HOLCoMB VALLEY MINES
The Questionable Actions Of Messrs5
Pinther & Pierce
THE natter IL In Tho Hands Of Attorneys
With = View Of Protecting the
Original Owners Rights

There is trou BILE in the affairs of the
Holcomh Valley Mining and Milling COM
pany which was organized some months
ago by Theodore Pinthef and J. G. G..
Price of this city. A Herald reporter
yesterday saw Mr.. Jay Burnap of 956
Court street. who was found very indIg-
nant over the conduct of the ompany by
Messrs. Plnther and Price.
Mr.. Burnap, who is an experienced.
relible mining man, makes very serious
allegationsIags inst Mr.. Price particularly.
The latter has the honor of being a dele
gate from this city to the miners CON-
vention now being held in San Fran
cisco. having his appointment from the
cha bar of com
Mr.. Burnap tells in substance the fol-
lowin story: He was approached some
time ago by Pinther and Price, who
wanted to buy gold mine he had found
in Holcomb valley. forty five miles north
west OF San Bernardino. Theodore Pin
Their will be remembered as quite PROM
inent here during the A. r. U. strike.
III Q is reputed co be q radical socialist.
Mr.. Price is not so we'll known. He rep
resented himself to Mr.. Burnap as a son
of a director of the bank of England, and
said that his father-in-law. o Mr.. How
ard. was the mining expert for one of the
richest European investment syndicates,
and through these influences he could
easily float the affair.
Mr.. Burnap says that he agreed to sell
a two-thirds interest in the mine for
$t0 900, and that to carry on this plan,
Pinther and P-ice formed a corpuration
known as the Holcomb Valley Mining
and Milling company, with capital
stock of 81. 900, 600, and agreed to buy the
interest at the price understanding,
however, Mr.. Burnap says. they never
dio.
On presentations that The money
would soon be here. Mr.. Burnap turned
over the deed to the mine to Price, who
showed him kilograms stating that mon
ey was on the way here. But Mr.. Bur-
nap became suspicious and did some
moseying around, and says that he dis
covered that Price had put the deed in
the hands of livery stable keeper in
this city as a surety for bill for $l6.75.
which bill Burnap paid and took the deed
out of pawn. The deed, he states, never
possession, which would seem to leave the
two-million dollar corpoation without
any title to the mine from which is ex-
pecred great wealth.
Mr.. Burnap was very indignant about
an interview with Price. published re-
stated that the entire capital of the COM
rany was paid up, and which gave q
most glowing account of the entire affair.
Burnap told the reporter yesterday that
none Of the capital had been paid. and
that he had never received a dollar tor
his mine.
Mr.. Burnap made some very serious
allegations regarding the methods used
by Price to raise money from individuals
upon represen tations which he alleges
wrc not CARED out, but these statements
could not be verified yesterday. Burnap
denounces the two men in 0nmcasured
terms, and stated that he had put the
matter in the hands of Attorneys Baker
AID Long with view to protecting all
Of his rights, and of having tire deal ven
tilated in court.