The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1899-02-25
Items of Interest Taken From
! Our Exchanges and
Condensed.
THE PAwNEE COPPER MINE
Old Company is Dead, and a
New One is Being
Organized.

The Pawnec Copper Co., formed
by Edwin Henwood is dead. The
money paid in by purchasers OF
stock has been refunded and the
deal by which the mining lands of
the old Lac la Belle Co. were to be-
come the property OF the Pawnee
has been declared Off This action
is the result Of suit begun against
Henwood by Sidney A, Witherbee,
Of Detroit, who claimed that Hen
wood had agreed to deliver the
property to him. VIM. G, Man
chester, of the firm Of Goodell, Ely
e. Manchester, attorneys for Wither-
bee, has returned to Detroit. from
Boston, where he went consult
with the parties interested. He
sid Tuesday morning: eve shall
at once withdraw the suit com
meuced against Henwood, as every
thing has been arranged satisfactor-
ily to both parties, The property
is now in Witherbees hands. Mr..
Witherbee has Interested foreign
capital aud expects that the mine
will be in operation before fall
! Boston copper men believe the min'
is cne of the most promising on th'
copper range, as it has -, 600 acres
of land in the copper belt. : DC
troit News.
Monday was one of the most sen
sational of days in coppers since TN
. great rise started all based on Cal
umnt & Hecla's 5 action. 1t was an
nounced that the directors had &c
:, clared the regular dividend OF $40
share aud $50 a share extra-thl
based on a value of $25! At TIL
rate Calumet will pay this year Slo
a share as against $50 q share las
wear. Nothing can better illustra'
n the tremendous influence OF the ri'
= in the price OF copper Caium'
rs sippalized this extra dividend n
Of to its stockholders by presenting /
n work men with 10 per cent increa
I'd of wages. The stock rose with pc
sistency, starting at SO and chm
OF ing by successive graduations
or steady and swift spurts to soo-
y, jump of so share.
I" An important sale of stock b
been consummated at Negaunee,
volviug the transfer of all the shal
er of RAph Bagley in the Pittsbure
so Lake Superior Iron Co. 81 800
ay the $4,000 shares-to the hi
to patricks, who now own all excep
nd very few shares. The safe was
re- outcome of long litigation betw'
oc- the parties in interest, in which
final court decisions were ,advers'
per the Bagley contention. The pr
to erty involved is a valuable one, I
ate bracing some 20,0@ acres Of lan'
st Marquette and Menominee count
but much of which is rich in miner
OBJ while nearly all OF it is valuable
it timber and agricultural resour
the A Menominee dispatch states
per ST. Joseph's Roman Catholic chr
was burned Sunday afternoon.
8. loss is SIS, 600; insured for Sc, ,OO(
was a veneered structure 80 by
,wn feet feet and was erected in lSS;
,se, Father Van Droste, but was
day completed till 1891 by Fa'
800, Kalriza. The fire department
isor great difficulty saved SURROUND
the dwelling houses. Fireman
c. Wiggin was severely injured
tin falling bricks.
The BED Jacket village cou
; OF has adopted plans for $4O
ap- opera house, which will be ere
=, in that place early next spring.
'''iS is claimed that it will be the d
opera house in the upper penins
iso The postoffice at Houghtsn wi
10 raised from the third to the sec
i~ class commencing July 1st.