Bisbee daily review., 1906-05-25
LITIGATION AT AN END.
Famous Crown King Mine of Yavapai County to Be
 Operated Again,
WARRING INTERESTS
 REACH COMPROMISE

Litigation oyer the Crown King mine is at an end.
 This famous producer in which oc- cured the richest strike ever made in Arizona, is to be operated again. and it starts anew without legal entangtc- ments and with ample finances.
 Negotiations which have bsea ID pro- gress for some time have been finally concluded, whereby the Crown King Mines Company acquire III the assets of the Crowned King Mining Con. .paL V. which formerly owned and former ly operated the famous Crown King mine in the Bradshaw Mountains. The Crown King Mines Company acquire not only the assets of the old company, but also all the minority stock. This arrangement has received the approval and sanction of the court at Taylor vile, III.
 A dispatch from Tayloryiile, H., says:, The Litigation 2ccc2s stock holders of the Crowned King Mining Company of Arizona, which has been in local courts for ten years, has finally resulted iii terms being made, where by the mine is sold to New York cap italists for $100,0OO. They nave or ganized the Grown King Mining Com pany. During the long litigation 90 lawyers were employed, and the cosIs are said to aggregate $100,00o. Judge Farmer is to divide the money as fol- lows: o. F. Place of Chicago, $25,- 000; J. M. Taylor, R. Wilkinson, Geo. p. Harrington and Noah Shekles, S50,- GOO. The remainder will lie in panl to await the final decision.
 Hawkins & Ross. the attorneys for the Crown King Mines Company at Prescott have received a dispatch stat ing that the directors had pledged suf- ficient funds to liquidate all oatssand- ing obligations and to assure the e;lrly resumption of operations.
 The ending of the litigation will be gratifying news to Yavapai c1unty, for with the resumption of work on a gigantic scale, as is now being planned, the Crown King will no doubt, ere long, again take its place as Lhe l, ,ad- ing gold producer of the county. Re fore the litigation hampered it's oper- ations it produced in all over s1, ,500,- coo, some of the ore being sensation ally high grade. The evidence taken iii the litigation showed that this mine produced sufficiently to pay dividends. which in four years aggregated s267,- eco, besides equipping itself with ma chinery worth about an equal amount. Since the property has been shut down the railroad, which was then fifty niles away, has been built in, direct 10 Crown King, the Humboldt shelter has been established and these two factors combine so to reduce costs that all grades of ore from S15 up can be profitably worked.
 It was the Crown King mine that first directed attention and gave 6 ..a- tional reputation to the Bradshaws as a mineral field of inviting possibiIi- ties, and the fact that it is to be re- opened will give an impetus to the mining industry in that district, the value of which can hardly be estimat- ed.
 The Crown King Mines Company first entered the Bradshaw Mountains in January, 1903, when, it is said, re gotiations were concluded with tke stockholders of the Crowned King Mining Company for the transfer of the latter's. interest to the new com pany. At that time both the mine and mill were closed down, and Lad been for several months previously. The representatives of the Grown kjrg Mines Company stated upon me con clusion of the deal that it was their purpose to rehabilitate the property, undertaken.