Bisbee daily review., 1904-12-27
WARRIOR LEGATION FOR RECEIVERSHlP
UOGE KENT HAS THE MATTER
 UNDER ADvISEMENT..
Application Was Wade By James 4. Fiemins-Pronising Copper Prop erty in Litigation Which lnterfers With Its Development.

With It's Development
 The application of Col James A Warrior Copper company, Amalga. mated was heard yesterday by Judge Kent, says the Phoenix Republican. This application had been made be fore Judge Davis while he was hold ing cOurt al Globe for Judge Kent and the papers were transferred here. There was a brief hearing in the morn ing before Judge Kent in chambers n which the si6e of the company was represented by George J. Stoneman of Globe, but Judge Baker who appears for Col. Flemming has not arrived. The matter was resumed in the afternoon when Judge Kent Said the ma;- Ter was Of so great importance that he would not decsae it before next week He hoped that in the meantime the parties to the acticn would find some other way out of the difficulty.
 The papers in the case consisted of the bill. the answer. and then counter replies without number. One of them had been put n by Mir. Stoneman yes terday morning l. was decideG. how ever that there must be d limit to the number of the counter replies and af- tdavits as well as a time fixed fo" heir filing otherwise the case would become int5rminlble
 The application for the receivership in which 1t is also asked that the directors Jf the company ne enjoined rom holding the annual election. al leges among other 'hings that they are trying to wreck the lrCperty for the purpose of buying 1t in; that they are neslecting the assessment work on many of the ciain2s Ccn>'l- ting the Black Warrior property with the pur- pose ot relocating hem II is charged that certain circulars calculated to destroy the reputation of the prcperyy have been issued by the directors and lis is taken as evidence of the wreck ing operation. The directors and off, Cers, it is mSntioneG. have recently siven a note for S20.000 to the Trades mer's Trust company. that they owe lhe Phoenix National Bank S14,0O0 on a judgment and that they have incur red an improper obligation in favor of J. Nj. Jamison to the amount of $l. 100. It is further alleged that the various creditors of the company are threat ening foreclosure and that the officers 4nC directors are making no effort 10 prevent it. but are rather inviting it.
 l. is also stated that the interest of the applicant in the company con sisted of 10000 shares of the 200. .00G. That twas threatened with dectruc- iion; hat under the mismaragement of the present directors within less han a year the indebtedness Of the company had increased from $30. 900 10 S55,0O0 and that operations had been suspended.
 Judge Baker later. speaking of the purposes of the company said that hey were trying to kill and bury the Arizona corporation to resurTect it in New Jersey.
 Among the papers were two exhibits which cut an important figure in the hearing They are TWO reports on the property. One of them was made by Dr. Ricketts an6 the other by Mir Gro5dale of the Engineering and Min ing Journal. The first report was made in favor of the company and the other on the side of the applicant. They are of a widely varying character and dc not seem to relate to the same prop erty The attorney for the applicant said that the lanquage of the RicIcett report is almost libelous and is cam aging to the mine.
 MT. Stoneman said of the Grosdale report that is was at variance with the opinion of all who had inspected the property. l; stated among otheI things that there were great ore bodies of great richness and which could be handled at the rate of 15O tons a day MT. Stoneman said that he had ascer tained that it would take 100000 gal ions of water daily for the handling ol such a volume of ore and that there were only 5000 gallons available daily What good he asked could a receiver do in these circumstances. The day oi miracles was over and no receiver could like Moses smite the surround ing rocks and cause water to gush forth.
 The greater part of the day was yaken up in the reconsideration of these reports and Col. Fleming sad that if he were protected in his invest ment he would guarantee to raise $50.- 900 for the taking out of the ore de scribed in the Grosdale report and which he knew to be blocked out. There were 50,OO0 tons Of this ore most of it ten per cent and it would net the company s5 ton and so the mine would be saved.
 Mr Stonsman at first said that he would acceps such an arrangement and he was secanded by President Chase.