New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-10-25
TO The STOCKHOLDERS OF The
Butte & Boston Consolidated
Mining Company.

The old Butte & Boston Copper Mining Com
pany before its wreck and reorganization was
supposed to be and was claimed by its directors,
managers and trustees TO be Of the most
promising copper properties in the United States.
It's directors. managers and trustees were the
same men who at the same time were the d.
reCtOrs managers and trustees OF the Boston
Montana Copper Mining Company. Its pros
poets were proclaimed by these men TO be IN
every way equal TO those Of the Boston d Mon
tana Company. Large amounts OF rich ore were
taken from its veins, and a vast amount OF de-
velopment work was being done on its property
when ii was Unexpectedly wrecked-Wrecked 10
such an extent that its stock. then selling at
about $50 per share declined 10 about 81 Il
was reorganized by the men who had been its
directors managers and trustees. These men
after again procaniing its greaf possibilities
and prospects called upon the stockholders for
an assessment Of so per share
This assessment. amounting to S2.0O0,0O0 cash.
was paid. to be expended in the development OF
the companys resources by its directors, man
ayers and trustees At the beginning of the re-
organization and when the stock was selling
at 50 per share there was placed in my hands
proof unquestionabe proof. Of the existence on
the property of great riches. l advised my
erty and the stock would eventually be worth
as much as the property and the stock Of the
Boston g. Montana Company have up 10 the
nresent time had no reason TO change my views
or advice On the contrary, | have had them
STRENGTHENED in every respect until to-day
know that the Butte & Boston property is one OF
the most valuable copper properties in exist
ence There has been no time, from the date
at which the stock sold at 81, that those who
following my advice purchased stock, could
have made loss on their investment There
has been no time since my first advice that
stockholders and the public have not been ad-
vsed by a professional newsgatherer employed
for that purpose that the property would De
again wrecked and their investment lost There
has been no time since the company was reor-
ganized and the 2,00oO 600 paid by the stock
holders that a managing employee or the Butte
& Boston Company has not endeaVored TO wreck
the property and cause loss 10 the stockholders
advise all holders Of Butte & Boston stock
10 give no weight to the statements that are
published daily derogatOry to the property the
stock and the prospects Of both. ! believe the
nronerty has been Systematically plundered by
some one President Bigelow told me that a
large norton Of the 50 100000 assessment had
been practically stolen and that ne was power
loss "a nrovent t. ! believe he was sincere /
have no doubt of the truthfunes5 OF MS STATE
ment I believe the wrongs when nave Dee"
a,a d,,r,r, the mast six years will be righted.
know that courts OF competent Ju'lsiIc'io'' VIII
rass unon oil matters pertaining to past trans
actions of the old and new Butte Boston COM
nariAe know it is in the power Of the stock
holders all consenting. TO secure SOU per snare
Cor ,beir stock. | believe that each and every
ne
believe that during the next sixty days every
s,ockbo,der will have On opportunity to dispose
OF their stock in the open marke, al over Too
nor share | know that the property In the
hands of those who will conduct its affairs in the
future will pay all expenses, all Development
charges and dividend upon the stock regard
1ess Of any combination or consultations.
believe that the Butte e. Boston Company
will entor into combinations and cancellations
with other copper properties thai VIII give an
additional value to the stock separate from It's
present worth. Of more than its present market
price believe that large minority OF JUS
stock is owned by men second Ia none Tor eN-
pcrlence ability ana capital. 'cheNe these
men have purchased more than majority oil
the stock for investment, and only after a mos'
careful and exhaustive examination OF 'he
| nronertv and investigation into the past ana
| nresent status Of the company peHeNe
| these men would not sell their stock at three
times its present market price Believing
&c do. and with the knowledge possess
rnoualifedIy advise all holders OF Butte q bos
| ron stock against selling a; anything IKE 'n'
present market price. and In Weighing ms al
vice and my reasons therefor ask all hoider'
! If the stock TO compare my statements ana pre-
! ACTIONS of the past two years WIN reie'e"0'
I % this property with the resulting iac's
THOMAS W. LAWSON.