The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1896-05-21

L
board in the prosecution OF work 1t set
out to do at a cost not to exceed w.
400, but which will cost $50, 900 or over
before it is completed"
hon. T. b. Dunstan arrived home
| Tuesday evening from Boston, which city
he visited after the adjournment oil the
State convention, partly to interview
President Bigelow, Of the Tamarack
mining company, on the subject OF the |
recent protest OF lake stockholders. The
interview with Mr.. Bigelow related prin-
cipally to the list OF questions forwarded
by Mr.. C. ID. Hanchette on behalf OF the
resident stockholders to their representa-
tive, II. T.. Southworth, to be presented
by him to the directors at the annual
meeting, but which Mr.. Southworth in
stead presented to Mr.. Bigelow. In the
end the questions were answered only In
part, and not at all satisfactorily to
those stockholders who desire to knowa
little more about the management Nof
! their property.
To Mr.. Dunstan, Mr.. Bigelow made
. scarcely more full explanation OF affairs,
! but he did say that the directors now in
= tend that the next report shall be more
!. full and that in the past they have
+ deemed it for the best interests oil the
t company to be as reticent OF facts az
!. they have been. The mine, he said, dur
q ing the past year had not shown up az
" we'll as in years past, owing to the work
is ings encountering stretches oil poor
:, ground, but that at present these condi
Of tions we're changing for the better.
y President Bigelow admitted that tn
1t directors and about twenty Others wer
CT the underwriters OF the new stock, bu
be among how many the $50, 900, appear
IT. ing on the report as having been paid 10
he such underwriting, was divided was no
o. youchsafed. To the question as t
o. % whether the directors had taken legal &C
M vice in this transaction, Mr., Bigelow sai
1T they had.
les "No lawyer, disinterested." said N
Dunstan in comment. lin the countr
Ill would advise such contract as these
he rectors made with themselves, or hold
ny good"
Mr.. Dunstan said that the protest
,or the Upper Peninsula stockholders WI
ear tame, compared with the attacks ma
at; on the 1'amarack management oy c
%, VI Herald and other Boston papers, thoui
nae. the moderate though firm resolutio
vas passed at the Hancock meeting we
the commended by many Boston mining m
,U and, they said, would have a'benefic
OF effect.
ling These same eastern parties express
tent themselves in the highest terms with
gard to the lake management OF
+. Tamarack. They put the greatest G.
ness fidence in Supt. Parnall and his corps
,lca, assistants.
Mr.. Dunstan took the opportunl
: in while in Detroit, OF ascertaining
sion views Of large holders Of Tamarack st.
the concerning the present managemen
'a.u the mine. The multi-millionaire. Col.
e OF rome Crone, who has 100000 In Tai
nem- rack. had written an excoriating ie
rity, TO ]. II. Perkins, and had requested
'a'n' letter to be handed to Mr.. Bigelow.,
,vor. letter followed the same lines as the
,ility ton Herald articles and would have
lders highly libelous were the charges not
.,o one he in common with Thomas W. Pail
ar on William A. Moore, and other large b
esti- era commended the action Of Mr.. /
the cbette. and said that his circular lie
,,, .Ss came Just too late to enable themto
r to TO him their proxies. This mover
,oad- in another year, II occasion demands
FRIED have their hearty support to the ex
A. of some $500 shares. The protes
ie OF shareholders began little too lat
anil success this year.
the The Bigelow management mas sn'
s s1e eued to withdraw from Michigan au
the organize in foreign state, II adverse
Sc If islation shall pass the Michigan !
r it's lature Detroit people, however.
I'm. in,s Mr.. punstap, cay they will 20 to tn
!. been ;slature at it's next session and Org
g ar passage Of such laws as shall guar'
/ time 80 tioue from being disc
pend nom. W -. 49, ,o-o;or ones. Mr..
bad mated against W U.S.
add stan urged the Importance VI ."op.'
that nj laws protecting -stockholders u
nd for -, .c..es aa that which has aril
he city SUI. 81 ..,d that the
ervice. the lamarac.' anu '., -. g..
opria- papers should keep tne na''e' ITO
, con- fore the interested people.
quired '"r,thsr The Tamarack manage
t Sssr has been short-sighted," said Mr..
ready stan, cor has been given poor a
pro- Agitation will do the management
flume. "a .how them their folly" Pc
'ps AZ, 1I the present shaking mp they ha'