The Barre daily times. (Barre, Vt.) 1897-1959, 1906-03-20
Withdraw Suits Against Cor
son Gold Mine Men
in MANCHESTER COURT
say That They Realize Their Litigation
rs Detrimental to the Effort to
Build Up Company and So
Stop Litigation.

Manchester, n. H.. March 20. The Ii
tigation of the Corson Gold Mining com
pany in Hillsborough county has become
i closed incident, an agreement having
been reached BY Kimball ". Morse,
Frank Cave and John Trow of Barre,
W., plaintiffs in the suits in the Superior
court docket, in which they announce.
the suits were brought under a misap.
prehension Of the true state Of affairs
and realizing the suits are preiudicial
to the preservation Of the interests OF
the Corson company stockholders, they
have requested to have the pending nc.
tions dismissed.
The trial lasted throughout several
days, and when the jury reported its
verdict, James b. Tenant one Of the
defendants, was exonerated, while the
others we're held liable. Steps were tax
en- immediately to have the verdict set
aside and the manoeuvers continued
through several weeks, Judge Peaslee
finally setting aside the verdict after
hearing arguments by John Al. Mitchell
81 Concord. David W. Perkins and Louis
nj Mvman of Nianchestef for the defend
ants and Oliver u. Branch for the plain
tiffs.
III setting aside the verdict, Judge
Peaslee eliminated Manassah Perkins
from the other defendants, ruling that
he should have his ease heard separately,
and at that time II was elected to try
the case OF Cave against the other stock
holders, instead Of the Morse case which
had been tried previously. That trial
was set for yesterday, but the agree
ment was reached before that time and
Judgment for the defendants, judgment
satisfied entered on the docket
I The Universal Mining company
! through which Mr. Wiley aud the other
\ stockholders expect to feeoup the losses
eutailed by the eariief operations Of tht
! Corson company. mas incorporated un
der the laws OF istTiet of Columbia
each on Dorothy aeek, which claim'
have been pronounced very valuable b.
~. G. Brown, mining expert, who ha'
become wealthy from the developlnen'
Of claim but few hundred feet fron
one Of the Corson properties With thesi
claims as basis. the Universal compan,
has purchased the most valuable OF tn
Nome properties of the Cnrx0n company
subject 10 whatever claims there may b
upon them, and has made proposition
to stockholders in the Cors0n companl
by which they may acquire All interes
in the Universal company commensurate
\ with their investment in the Corson com
pany.
The capitalization Of the Universe
company Is 81 600 600, one-tenth Of th
Corson company.
George Franklin Wiley, who was th
financial agent of the Gorson company j
its halcyon days and who has. through
/ out all Of it, later yieissitudes, main
tanned steadfastly his faith in the com
pany, said last night;
II cannot say too much in behalf @
the open.minded attitude OF the Ven
mont stockholders. who are in this sui
and / feel confident with them tha
events win early justify the wisdom c
their conduct in agreeing to dismiss
of their lawsuits While these mat
tiers have been pending in the court
: the COrson company properties have nc
! lost one penny of their value, but 0
the contrary have steadily grown
favor in the great Nome mining cam
where they are located, and through Il
Universal Mining company. which no
controls them and which hae valuab
!; properties Of is own in addition,
expect that their great value will
amply and conclusiyely demonstrated.