The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-03-02
PART PLAYED BY w1NaFIELD AND NIXON

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PART PLAYED BY wINGFIELD AND NIXON
Nixon wngfeld the time entered into
in the in and by which all sums
they paid of the stock of the
to be repaid to them ana
any and all stock that might necessary the
Combination Mines companys stock to be reissued TO
all the proceeds of the sale of stock to Mr
Barch over and above the amount reimburse
Nixon wngfeld into the treasury OF the
company signed by Mr. Baruch; he ad-
yanced the one million dollars and the paid
stockholders January
time the two notes for $79s1oS44
each signed by Messr Nixon and wngheid
to the Merchants Chicago for the
Combination Mines One note
was due on the 2ob day of March, and the
day May of December 15th 1906
the Combination Mines company
as novded that navment of these notes might
Mines instead of cash;
board much gratfed to know that on
January eotb the sockhoders Of the Combination Mines
the notes paid in the stock of this
company with the exception of some $4,000 Messrs.
Nixon and Winc6ed therefore at once paid this small
the stockholders OF
Mines and the two notes were at
about the time the option for the
shares the Combination Mines company was
Messrs. Nixon and Wingfed paying the cash
sd for and issuing their stock for the balance so that on
1907. this company became the
of share of stock outstanding of the combna-
Mines company
paid of this
pany.
THE NET RESULTS
operations is that of the sum
of 100000 be sale of stock to Mr.
of million dollars leaving the sum of sssoooo
ts tressury of thescopsnYi tobe added to this VIII t
of s54225o received from the sale Of addtena
stock above mentioned To be deducted from ths VIII oe
payments made by Messrs Nixon and Wngfeld to
the remaining stock of the Combination Mines
company These payments will amount to more
$26OOo0, that the now the absolute
the Combination Mines and on or before
st 190s will have in its treasury over s2ooooo
stock in connection with this transac
tion.
The stockholders will understand that these
sale of stock cannot be
dividends the present time and it is the
intention aside and it
advisable acquiring additional properties
for the erection of mills central power
plants be considered bene
the operation of the company and Tor the
of the stockholders The entire
outlay of stock OF this company when he trahsactoh
the purchase of controlling interest in Gold
Mohawk Mining Jumbo Mining company Of
csoldfeId Top Mining company Godhed. Laguna
Goldfeld Mining and Godfed Mining company OF
Nevada the stock of the Combination Mines
will be practically four million shares OF its cap
addition owning the above property 1t
the neghborhood of $3.50
900 We believe in view OF the hnancia SITUATION '' mas
existed a credable showing In case OF
should avail himself of his OPP
ton turned into the treasury the one
million shares of stock now under option to him.
THE STOCK ACCOUNT
exactly stock of this company issued and
the time give the Following table,
Stock subscribed incorporators on the organ
ization of the company and paid for in cash. 9oo
stock for stock of other COM
panies pursuant announcement heretofore
made -'-~"--~" -''''''''''
Stock issued to Nixon nd wingfed for
of organization and promotion OF COM
pany --""'-~---' @oo'VVV'VO
Stock issued in connection purchase of
ion which 10000
the treasury y~--~-----~--- 100000
Stock issued in connection with purchase of
Combination Mines company turned into
treasury and optioned to b. NJ Barueh loooooo'oo
rota, - s,7277se 90
OF the above mentioned $4,000 the
sold and 27oo remain in the treas
is under agreement with Mr. Baruch not