The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1902-05-01
CHAINMAN'S ANNUAL
Stoskholdeps' Meeting VIII BE
neld at Buffalo, New York,
oa Thursday, May 10.
New BOARD Of Directors TO Be
Elected and New Officers
TO BE chosen.
Several nstters of Importance
WIN Bs coasldsssAby the
otoekholdsps.

Ths anausi meeting Of stockholders
Of the chainman Mining and Electric
Company win be held at Buffalo, New
York on May is, and judging from the
queries, and, expressions Of opinion
which reach here, great deal Of inter.
est 10 being taken in the coming gath
ering, and there will be NO dearth OF
topics for discussion.
It 10 probab 70 that some changes will
be made In the Board OF Directors and
the death Of n. b. Dunham has caused
> vacancy In the Presidency which viii
have TO be dlled By the new Board.
While there 70 no probability that
there will be any clash In the meeting
over the policy to be pursued In the fu-
ture, It Is apparent that the criticisms OF
the discharged employees Of the COM
pany have had the effect of disturbing
the confdencs of some Of the stock
holders, and these are snxiously seek
ing for information regarding the pres
emit condition Of the property and the
outlook for the future. This is, Of
course, perfectly proper. 1t is the un-
questioned right Of every man, and ev.
cry woman, who invests money In an
enterprise to demand to know how that
business Is being conducted, and II will
be the constant aim Of the NEWS to
keep Its Eastern readers posted on the
progress being made In the develop.
uaent Of mining properties In this camp.
On the eve Of their annual meeting
the NEWS desires to assure the stock
holders OF tho Chainman Company that
there is not the slightest cause for any
Of them to feel alarmed over the safety
Of their Investment here. The Chain
man mine is far more valuable prop.
erty today than when acquired by the
present company. The supply Of ''ore
in sightp has been largely increased
and the average percentage Of values is
higher now than It has been at any
time In the past.
True, there has been long delay in
starting the new min, . delay that 1t is
difficult 10 explain, and this fact has
been used In various ways. by the men
who were ousted from positions which
they were Incompetent to 6ll, TO prove
that there 10 something wrong with the
property, and while there 10 no ground
whatever for that assumption, 1t Is not
ct all strange that the gossip found
listeners among the stock holders.
About nine months ago the NEWS
felt called upon, in the interest of the
Chairman stock holders and that of the
camp generally, to criticise the man
agement. and while the criticism Gre
ated . furors for brief period. we srs
pleased to state that We have since re
ceived tho thanks of some Of the Direc
tors and principal stockholders for call
ing their attention to conditions which
they at . distance could not under
stand.
The evils pointed out at that tim'
we're corrected shortly afterward. and
although Il has taken tune to overcome
the mistakes made, the Chairman prop
erty 10 today ready to redeem all the
promises that have been made for It.
We trust that at the meeting In Buffa
10 on the 18th Of the present month nc
shadow Of discord win be apparent, fol
the time has come when the manage
ment should have the cordial support
OF every stockholder.