Fergus County argus., 1897-09-08
A SHROUD OF MYSTERY.
The Anaconda Standard Says IL VIII Shortly
be Lifted From Gilt Edge Transactions.

The Anaconda Standard In
column article I'm its issue of Septem-
Der 5th says that the shroud of mys-
terry which has involved transac-
tions for the operation of the Gilt
Edge gold properties for some time
past, will soon be swept away. The
article affords the following new in
formation and concludes with a
recital ofthe viccissitudes of Moshner
& Butts and Receiver Woodbury.,
which are well known to our readers:
GREAT FALLS, Sept. 4.-The volumes
OF intrigues that for a week or two
past have enveloped the new deal
In connection with the Moshner
& Butts Gilt Edge mining properties
In Fergus county and cast a shroud
OF mystery about the whole transac-
tiOn, is today cleared away from
source that is believed to be most re-
liable.
In the vaults of one one of the
principal banks in this city lie papers
which, when placed on file, IL the
scheme of purchase goes through,
| will incorporate the largest mining
company in Northern Montana to
| work the Lookout and Gilt Edge
claims, the former of which is now
known to be the richest gold prop
erty in the Northwest. 1t is virtu-
ally a modern bonanza, out of which
was recently taken, in less than two
weeks time, over $65. 900, In gold ore.
The directory of the new company,
II formed and the scheme works,
will include officers of two local bank
ling institutions, a prominent and
wealthy contractor, and a magnate
with whom the city council has long
been at war. Beside these, Mon
tana representative of Eastern capi-
talists will hold bag containing
ltalization with which the company
will be Incorporated. The bond on
the Lookout claim, held by Moshner
and Butte and contested by Messrs.
Netting and Schmitz, the original
Iownefs of the Lookout. is the all-im-
Iportant thing the new life injected
into the Gilt Edge will fight for, and
the battle gives every indication of
not being one of short duration.
The report of Receiver Woodbury.
of the Moshner and Butts properties
has not yet been filed In this district
eovrt, and it probably will not be
until after every effort has been ex-
hausted to effect a settlement with
Messrs.i Netting and Schmitz or
Others by a withdrawal of their suit
to recover possession of the rich
Lookout claim. When this report
is filed, it Is said, it will show that
during period of two weeks Re
ceiver Woodbury. took out of the
Lookout mine about $65,O00 worth
of gold and left enough rock to re-
monthly for a long time to come.
While Messrs. Netting and Schmitz,
IL Is said, are not aware of these
figures, they are In possession of fsuffi-
ciept information to convince them
that the property they bonded, or
II
fabulously rich, OF, in other words,
Ia naught but a mountain of gold.
The part that w. del. Benedict, as
agent of Eastern parties is said to
play in the now excessively legally
''lcomplicated matter, is peculiar
one. In other words, it is generally
believed that he is a part of the local
company named above, and his in
tervention Will tend to strengthen
it's cause At all events a fight fol-
the possession OF the Lookout is on
and it's force can be partially esti
mated from a Willingness to offel
: 800. 900 to any attorney who cal
effect a peaceable settlement will
|, Messrs. Netting and Schmitz.