Bisbee daily review., 1906-01-28

and extrajudicial, to administer its affairs, and took contracts of option to purchase all it's stock. He gave it a name calculated to conceal its pur- pose, and was entirely successful in concealing from the Kansas City stockholders the fact of the organi- zation of that company and of the as- signment which had been made to the company by the original creditors Of the unpaid part of the purchase price of the mines. On the 3rd day of June and after he had perfected his plans, as is quite evident from the letters above quoted, he rendered his resig- nation to the president of the Lucky Tiger-Combination Gold Mining Com pany in a telegram of more than one hundred words, as follows:
 Telegram-Paid-Rep Back.
 Douglas, Arizona, June 3, 1905.
 "'E C. Sooy, president Lucky-Ti-
 ger-Combination Gold Mining Co..
 Kansas City, Mo.
 "T tender my resignation as vice president and general manager of the Lucky Tiger-Combination Gold Min ing Company, also as vice president of the Tigre Mining Company, s. A., and w. F. DeCamp general manager and T. J. Wiley superintendent. I will gladly give new manager whatever in- formation or assistance is possible for me to do without interfering with my private business.
 "B. F. GRAHAM"
 This telegram was confirmed by letters dated June Srd to Mir. E c. Sooy, president, and MT. W. A. Moses, can to put in all my time for the ask immediate action. Impossible for me to get there for meeting on 5th, if you care to adjourn meeting until Sth l can get there by that time; am held on Bisbee Queen matters. Am coming there to arrange if possible to buy up mine owners interest. will bring dats regarding mill, tram and different parts of workings. Would strongly recommend appointment of lived in the city on this mornings train and is stopping at the Savoy.
 E. P. Grindell, of the Scranton Correspondence Schools, is in the city.
 with you people. Now, I would like to be relieved of the main responsi bility by the 18th of this month.
 one of the directors, as follows:
 "I enclose confirmation of my tel egram of my resignation as vice pres ident and general manager of the Lucky Tiger-Combination Gold Min ing Company, also as vice president of the Tigre Mining Company, s. A, and ask for you to relieve me i'm nediately. l am willing to go ahead and assist the new management in any way possible for me to do so, and not interfere with my private busi- ness, but find it an injustice to my self and to my personal interest to go ahead and put in my time alto gether for the Lucky Tiger and wait for results from the mine, in the mean present company, and it occurs to me that It would be more satisfactory work on to 8 better advantage than time l have ether deals that can
 The mine is looking well in all parts The mill is running nicely, except they are short of water. There are a number of things that l will take up with you people while there, and hope to get everything arranged satisfactorily so we can work togeth- CT I have other deals that l want to take up al once, is the reason for my resigning, and at as early date as l have. will be out and in Mex- leo right along just the same as I have been. and will be in q position to heip out the work ..-
 Yours truly,
 "'B. F. GRAHAM
 These letters and telegrams show how Mr. Graham was contriving to deceivet ehtkc .digpev gbwleoinoin deceive the stockholders, and they sound very queer in view of the plans that he had already formed to de, prive the stockholders of their prop eTty. We have seen during the last five months how MT Graham has as sisted the new management and what | other deals compelled him to re sign. and how he has been out and in | Mexico right along and in a posi- ton to help out the workt?).
 Tn view of Mir. Graham's state Dent iD his letter of resignation, how glad he would be to increase his hold ings in the Lucky Tiger and wait re suits. it may be interesting to know thai in the month of June, after his l resignation. he sold practically all his holdings, the sales continuing practically to the day Of his seizure Of the property. and one Of his last l acts before resigninS as general man ! ager was 10 buy quantities of sup plies and materials for use at the | mine. probably in anticipation oi their seizure by him. since the bills for q part Of these supplies had to be paid by the Tigre Mining Company after the seizure Of the mines by MT Graham.
 Having perfected his plans, MT | Graham, together with D. 4 Richard