The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1896-11-13
THEY WANT A RECEIVER.
SCEPTRE STOCKHOLDERS WORK
ING TO THAT END.
A Philadelphia Lawyer in Mssoula
Looking After the Company's In
tcrests--Ray of sunshine.

The attorney for the leading stock
holders, Arthur Colborn and Levi D.
Brown, of the Golden Sceptre Mining
company Of Quigley. arrived in Mis-
soula Saturday afternoon. His mission
is to arrange for the appointment of
w. S. Quigley as receiver of the COM
pany, application for the same being
made before Judge Knowles Of the
United States court in Helena Friday.
On his arrival in Missoula. papers were
served on Sheriff Mclaughlin, who in
turn served them ON f. G. Sterling, of
the firm of Brabazon & Sterling, who
attached the Golden Sceptre company
for sci, 900, to appear before the United
States court in Helena on November
18th and show cause why receiver
should not be appointed. The attorney
proceeded to Granite county last Mon
day and there had the coroner serve
similar papers on Sheriff L. G. John
son, who has an attachment against
the company for over $12, 600.
Speaking of the condition of the
company and their late financial
troubles, the attorney said that the
company were embarrassed on account
Of the stringency in the money market
around election time. Several attach
ments have been made and other
claims for large amounts, the company
have confessed Judgment to. The
claims against the company amount to
nearly $500, 900. 1t is thought that if
receiver is appointed the majority of
the claims can be paid by the first OF
the year. Claims for labor amount to
nearly 800, 600. 1t is the earnest de-
sire of the company to protect the
laboring men in their just claim. JOS
eph M. Dixon, of Missoula, has been
retained by several of the claimants to
represent them. Together he and
Dixon will visit the mines They will
look over the property and development
work and meet the men who have
worked for the company. No one need
have any alarm about the future of the
company, for by the first Of the year
all or nearly all of the debts will be
paid and work resumed with a full
force. When asked about the manage
ment since the organization of the
company he was nOn -committal
Citizens Of Granite county are jubi-
liant over the turn of affairs, for they
have always had unbounded reliance in
the property and the men who are the
principal stockholders. J. M. Keith,
cashier of the First National bank, at
Missoula, said to Standard reporter
in reply to query: Il think that
there is no doubt that the mining
operations at Quigley will be resumed
as soon as the affairs Of the Golden
Sceptre Mining company can be salts
factorily arranged The amount that
has been invested in the immense plant
that has been SO nearly completed there
makes it necessary that the work
should be finished and the value Of the
mines demonstrated by actual operation
of the mill. am told that it will re.
quire very small outlay to put the
plant into shape for operation and
am certain that it will be raised as
soon as the affairs Of the company are
Strengthened out. The success of these
mines means much to this city and it
is to be hoped that there will be nc
more delay than is absolutely necessary
in getting things out of the present
muddle. The gentlemen who are con.
nected with the concern are men OF
high standing and integrity and they
will spare no effort to have the mill al
Quigley running as soon as possible.
This is my opinion and I think that
there will be some official statement in
a short time that will make things al
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