The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-05-05

In accordance with an order of the trus-
tees this stock was sold ostensibly to pay
the delinquent assessment thereon and
costs connected with the sale, but in real
ity George A. Hsl, the secretary, bought
it in for the company, and by so doing
precluded several stockholders who, no
doubt, had lost interest after years in the
mine. Such shareholders as were weak
kneed upon the prospects of ever getting
any dividends upon their investment were
Topped off by the pro lorna sale, and the
company fell into the hands of men de-
termined at this late day to make fight
for what they believe is Justly due them.
Not few of the stockholders have
passed away. Richard Chenery, who was
president in the company's prime, has
joined the great majority, with others
mentioned in the list OF 'delinquents,"
and only week ago while in the heat OF
the fray Abraham Powell, the president,
died. Mr.. Powell was a large stakeholder
and one of the most enthusiastic in main
tanning the company rights, but his place
will be filled at a meeting to be held soon,
and then, too, the company will practi-
cally reorganize.
Mark Brumagim was among the delin-
quent names, and mas been precluded from
making claim TO an interest in the COM
pany. He is fighting on quite another
score in the City of Mexico asserting his
fourth interest in the mine given the La
veaga brothers for the property in 1862
Sinews of war to carry on the law pro-
ceedings against Dan Burns were procured
by the sale of stock, some OF the wealthy
shareholders buying up delinquents, and
thus indirectly assuring legal counsel OF
handsome recompense.
William H Jordan was retained to ex-
anime the records, documents, etc, of La
Candelaria mine as advisory counsel with
T. NJ. Osmont, attorney for the company.
These two lawyers came to the same con-
clusion separately. They declared that
the company was by right entitled to pos
session of the mine from which Dan Burns
is to-day taking immense quantities of
silver and through which he is fast becom-
ing a Cresus.
Il made an examination OF the legal
history of the Candelaria mine," said At
torney Jordan, 'at the request of the COM
pany and gave my opinion, but beyond
that have no connection with the matter"
What was your opinIonF
THAT the company OF which Mr.. Hill is
secretary is the rightful owner of the prop
erty. am not sufficiently familiar with
procedure and operations of Mexican law,
though according to the Mexican code this
company ought to get possession of the
mine. NV Judgment was based on facts
submitted by Alfred Green and other mem
berS OF the company.
Attorney Osmont had no doubt that the
mine belongs to the company and not to
Burns Acting on his advice La Candida
ria Company has taken the initiative in
proceedings against Burns.
There are many points" said the attor-
ney, (which would be of interest to the
public, but my position as attorney for
bids me discussing my clients business.
Legal proceedings will be instituted to test
the question of ownership of the mine, but
am not now prepared TO say more about
the matter"
The leading spirit of the movement is DR..
Alfred A. Green, the first American to own
the mine He is a brother of Colonel
Green of the Mexican army, and has con-
siderable influence at the capital of
Mexico
The history of the famous mine at San
Dimas, in the State of Durango, is quite as
intricate as it is romantic. In 1862 DR..
Alfred Green went to seek his fortunes in
Mexico, and on his travels learned of the
Candelaria mine which was then being
operated ''from the water up" by Vincent
and Miguel Laveaga in a primative vay
which yielded only small income. The
State authorities were willing to transfer
the mine and adjoining deposits OF silver
ore to capitalists who would undertake to
work it all on an extensive scale. The
Layeagas were willing to let the mine go
for a consideration so the property was
denounced" This means it was con-
demned by law, and in fact confiscated as
either abandoned or not properly worked
Green returned to San Francisco and
formed a partnership with Lewis NJ. Bur-
son, with whom he travelled again to Du-
range, had the mine denounced and the
title secured in their names. The Candle
laria Company was organized in San Fran