The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-12-26

your Wonder Jack Pot. You have evil
IDENTIFY not heard of the consolidation
at Wonder and what is going on in
the affairs of the Jack Pot company.
A consolidation has recently been made
of the Hercules, Wonder, National
Wonder, Globe Wonder and Jack Pot
Wonder, embracing in all something
over s claims. The merger company is
called the Jack Pot Consolidated, capi-
talized at 100000 shares. All the 9th
err companies were capitalized at 1000
900 shares. The division was made on
the following basis: One share of Jack
pot for one of the new company, four
shares of National for one of the new
company, and lesser amounts in the
other companies. The stockholders of
these latter companies were all share
holders of the Jack Pot and were con
tent with a small interest in the con-
solidated company for their other hold
ings. We understand that the re-or-
ganization gives to the management
some of the most prominent business
men of San Francisco, engaged in
large business affairs. The office of the
Jack Pot Consolidated is room l03, 40.
PCS Market street, San Francisco,
where you can get further data, and
also, where you should go to exchange
your old Jack Pot stock for the new
consolidated stock. William Matson,
head of the Matson Navigation com
pany, is president; +. s. Samuels, al
so in the shipping and navigation bust
ness, vice president, and Harry b,
Gregg, secretary of the Matson Navi-
CATION company, is secretary, while +,
Mcmillan and n. A. darcy, both
mining engineers, are directors. There
is enough ore on the property to war
rant a mill, and one will be erected at
once.
]. B. p, Powassan, Ont.-The Gold
field Gem lease was taken over by the
Florence Annex No. 2 company. The
Gem lease was in debt and had no ore,
but the leasehold had prospective value.
The Florence Annex No. 2 was organ
lied to take over the Gem lease, pay off
debts, and put the lease on a paying
basis if possible. Senator Dix Smith,
whose business reputation in this camp
is the highest, and who has scored a
success in mining ventures in Goldfield,
put through the reorganization. Stock
was issued to the holders of Gem stock
on the basis of 357 shares of the Flor
ence Annex No. 2 for 1000 shares of
the Florence Gem, and 100000 shares
were put in the treasury. Out of the
600, 900 shares the Gem stockholders
were taken care of, and all the notes
and debts of the company paid. Work
has been progressing satisfactorily IN
der the new management, ore has been
opened up, and shipments made. For
further particulars, see an article else
where in this paper.
s. A. c., st. Louisville properties of
which you ask are at Tule Canon, 30
miles south of Goldfeld. Write to c.
w. Benton, Goldfeld, about the Tip
Top group, and to Tom Summers, Gold
field, about the Kilmer group. You
will find a news item about the prop
critics in another column of this issue.
Tule Canon is showing up well in both
silver, lead and copper, and plans are
in progress for extensive placer oper-
ations. 1t is a long neglected camp,
but like many others known to the
"old guard in Nevada, is coming in
to it's own.
w. j. w. Jr., New Castle, Calf
Your presumption is undoubtedly cor
rect. Since the ST. Ives was merged in
to the Goldfeld Merger Mines company,
the st. Ives was taken up and Merger
stock exchanged for it, so that there is
doubtless but little outstanding. This
would account for it's not appearing
among the active traders. If you have
not yet exchanged your ST. Ives stock
for merger stock, it would be wise to
attend to it at once.
F. & s., Little Cooley, Pa.-The Gold
field Diamond company has lost its
ground. 1t vas taken we by the John
5. Cook & Co. bank, for an indebtedness
OF between $4,000 and $4,000, under
foreclosure proceedings. There is 6
in which to redeem the ground,
but we understand that no efforts are
heing made in that direction.
E. D., Los Angeles.-The Clack Brok-
erage company failed in business a year
or more ago, and Attorney w. F. p.
Fogg, Goldield, undertook to wind up
its affairs. The East Comstock Won
der was one of the promotions of the
Ciaek company, but while the ground
was said to be good, the
whether through Clack's populations or
not, had no funds. If you will write to
Attorney Fogg, you may get the in
you want.
J. @, New York City.-we know of