Bisbee daily review., 1903-02-06
LINDSAY WANTS
 BIG DAMAGES
SUIT OVER THE lNDIANA-soNoRA PROPERTY IN TUCSON COURT
Valuable Mines Over Which There
 Has Been Much Litigation m For One More Round of Lawin9

One More Round of Lawin9
 mining suit which will undoubted- ly be of great interest to mining men of this section, was transferred last week from Santa Cruz county to thls iudicial district The suit is emitted l. Lindsay and Bracey Curtis Vs. the Indiana Sonora Mining company. The suit involves the sum of S5OO,OOO IL is not acontest over property, put claim for damages, says the Tucson Citizen.
 The litigation over the Indiana-So- nora group of mines has not been or short duration and each new phase mas
 furnished additional interest. The eA- lent location and value of the mines has attracted the attention of mining men to every contest in which they were involved. And then the mlnlhg kings like Senator w A. Clark, Of Montana, Go. w. c. Greene, and the Phelps Dodge people who entered the field at different times in vain enort to secure possession of the property lent additional fervor to the public ln- ,erest. l.. Lindsay and Bracey Curtis seem to have come out of all the rough and tumble fights on top.
 The property from all appearances, was sold about a year ago to some Indiana parties. This purported sale terminated in another suit and the present claim for damages is also the outgrowth of the above sale. The pub lie seldom gets the inside facts on big mining deal, but the filing of this suit in the district court permits this very thing with regard to the sale Of the Indiana-Sonora group. The com plaint is short but it refers to a num- Der of long and binding contracts filed with it. The document further sets forth the plaintiffs cause for damages.
 The contract marked exhibit "A" contains the inside facts of the sale re ferred to above. The contract was made November 30, 1900, at Nogales between L. Lindsay and Bracey Curtis and Henry Jameson, Thomas Taggart, John McCarty, s. E. Moss and William Schmidt According to the first agree ment Lindsay and Curtis were to be paid wholly in the stock of corpora ton to be formed by the other parties. this agreement fell through so a new one was made in May 1901. Under this l contract two corporations were to be formed. The first was to be a Mexi- l can company which would hold the title and keep relations with the gov ernment. Now this company was to lease the property to an American | corporation organized and known as l the Indiana-Sonora Mining company for a period of ten years at $10 per i year. The American company was | capitalized at ~$2, ,500, ,0e0 All of the | stock in the Mexican corporation, eX- cept one share held yeach resident l director was deeded to the American | company. The mines were to be thor | oughly developed and exploited at the | expense of the American corporation. | It also agreed to erect a smelter hay ] ing 150 tons daily capacity when the ] ore supply warranted it.
 special paragraph is set aside in l the contract to deal with the com pensation of the owners of the Indiana Sonora group. With Curtis as partner | Lindsay owned the following claims, | Eureka, Sierra Cobre, Fractional, | Oversight, Riena de Cobre, Huecos, | Campana de Cobre and Montana de i Cal For his interest in these claims 1 he was to receive S55,vJ0 and 17 per | cent Of the capital stock in the Ameri- | can company, or 42, 800 shares. Curtis | was to receive $7,500 and per cent l of the stock, or 15,000 shares. The l claim Las Demasias owned by P. San dOval and L. Lindsay. For this each | were to receive $50.O00. Besides these. ! Lindsay owned the Copper Belt and | American claims. The company took | an option on these for S30,000.
 It will be rembered that when these | parties disagreed, suits and counter ! suits were instituted at once by Lind | say and by the Indiana people to break | and hold the contract. Lindsay now ! claims that the mines have been in 1 jured to the extent of $500,000 and ! seeks to recover that amount from the | Indiana company.