The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1901-11-07
Imperial Milling Co. and Beatty
Interests Clash.
ABOUT MILLER MILL.
One Faction Doesn't Want 1t
Converted.
Reported That Mr.. Beatty Is
Buying Imperial Stock.

Ellis county gold mining syndicates
are at war. The Beatty interests have
clashed with the Imperial Milling COM
pany, which owns the old Miller mill.
Indications are that the scheme which
Mr.. Beatty has on hand of buying the
Miller mill and converting it into a
Gage process mill may fall through
There is much opposition to the plan on
the part of the stockholders in the Inn
perial Milling company.
Some of them think that Beatty will
within short time be able to defy the
OfT1cers OF. the Imperial company, for he
has been busy for some weeks buying
up stock in that concern, and evidently
intends to secure control of the mill by
securing control of the company. Beatty
is said to be in the market for all the
stock of the Imperial company he can
get, and, furthermore, is said to be pay
ing good prices for it.
1t is of interest to Mr. Beatty to get
control of the Imperial company, be-
cause by so doing he not only gets the
Miller mill, but also gets control of a
large tract of shale land.
George Veale is president of the I'M
.per1al Milling company, and Q. K. Hol-
hday is treasurer. 1t is understood from
a reliable source that an effort is be-
ing made to hold the stockholders of
the Imperial company together and
keep the control of that company in
the hands of the old officials. If this
can be done, a mill will be at once in
stalled in the old Miller mill, and ar
engagements made with Mr.. Gage for
the use of his patents on the cyanide
process. Some members of the Imperial
company, however. are of the opinion
that the company would be better off
to give Beatty the reinS, and let him
control the Miller mill and develop the
shaIe fields.
Coming in the midst of the Beatty
Imperial conflict is the announcement
of the increase in the capital stock of
ho nd fnin nv If
Topeka. The stock in this concern is
raised to s1,500,000 at a par value of 81
a share. The officers of the company
are announced to be d. R Beatty, pres
ident; g. H. Gage, vice president; G. E.
Foote, secretary. and c. K. Holiday,
treasurer. The shares of the company
will be sold a. so cents, payable in
monthly installments of y cents a
share.
This company is said to be organized
Independently of the personal deals of
D. r. Beatty. The company was or
ganized about six months ago, and
many Topeka people are stockholders.
1t is their plan to sell enough stock at
go cents to build a mill.
This company is said to have a contract
daily milling capacity of $1,000 tons
day, which Is Of course a practically I'M
also has leases on $1,000 acres of Trego.
Ellis, Grove, Logan and Mitchell county
G. K. Holiday stated today that he is
not treasurer of this company as an
nounced. He says that he was treasurer
at one time, but that he resigned three
months ago. II own stock in the Ire
go Oil and Mining company and am not
the, treasurer of that company I resign
ed because I was treasurer of two other
companies, and that was enough for me.
All the companies in which | am interest
ed own their lands outright and do not
lease hold options" Mr. Holiday is
treasurer of the Trego-E1lis Mining Co.
and of the Imperial Milling Co. Besides
that he personally owns some big blocks
of shale land.
1t is reported that the United States
government has decided to send a gov
eminent metallurPist by the name of A.
C. Emmons to Kansas to report on the
shale question. Mr.. Emmons is said to
be coming at once to the state to pursue
the investigation. He was sent here
who is said to be somewhat interested in
the shale fields.