Bisbee daily review., 1908-05-27
STOCKHOLDERS
 IN GREENE GOLD
 MAKE TROUBLE
Committee Appointed Last March Reports On Plans They Think Necessary to Put Company on Feet.

Prom a communication received in the city last week 1t is apparent thai trouble has broken out among the stockholders of the Greene Gold X Silver company, operating in Chihua' hua, and that it is the intention oi some of them to have a thorough in vestigation made for the purpose of learning what the finaLcial situation is, and what means it will be neces- sary to take to put matters in such shape that the company can dis charge it's obligations and pay diyi' dends on its stock.
 For some time past it has been known that the company was embar- rassed so far as ready cash was con cerned, and it was reported that sal aries had not been paid to the em- ployes since last September.
 Following is the letter. which is selt-eXplanatory:
 To the Stockholders of the Greene
 Gold-Silver company:
 Gentlemen. Tie undersigned were appointed a committee by the direct ors of the Greene Gold-Silver com pany on the 27th day of March last for the purpose of evolving a plan by which, if possible the affairs of the company can be placed on a sound financial basis.
 The company has no cash on hand and in order to reach this result, if such a thing be possible, the com mittee has concluded that the follow ing prerequisites must be complied with:
 First-The stockholders must con tribute a, small percentage of money in order to raise fund to defray the expenses of a thorough examination of the affairs of the company iron, a legal, financial and operating stand point This money must be raised without delay and the aggregate amount thereOt should not be less than S25,O0O
 Second-Should the stockholders respond favorably to this letter, the committee will act promptly and with energy and make report without de lay
 Third-The stockholders contribut- ing in accordance herewith will be given receipts for the money contri- buted and these receipts may be con verted into cash shoud the rehabilia- ton of the company prove successful. If the stockholders decline to respouu to the request herein contained to the extent of at least $25.00O, the mouey contributed will be returned by une committee to the contributors. All checks, drafts or money orders should be made payable to the order vI j. J. Farren, w. G. Gotshau and Charles W. Mackey, committee. room 2009, Hanover bank building, No. Nassau street, New York city
 To pay the expenses Cf maintain- ing the company's offices until def mite conclusion can be arrived at; to employ experts to make a physrSaI exapination of the property from a mining standpoint; to employ the best legal talent that can be obtained in Mexico to report on the legal stat US of affairs of the company; to pay the expenses of the committee ap- pointed to prepare a plan for the pres ervation of the company'S interests, and other expenses that will natural ly be incurred, the sum looked for is thought to be but barely sufficient
 You hold ...... shares H the stock of the company and you are requested to pay 5 cents a share on your noio, ings. Only the largest stockholders will be appealed to in the first in stance, but later all will be requested to contribute and should they do SO, those contributing at the start will be reimbursed of their pro rata share of the money received from the stock holders contributing later on.
 If the stockholders will heartily and promptly cooperate with us, We be- lieve it possible to rehabilitate the company end place it's affairs on a satisfactory basis.
 Please reply to this without ueIay, as prompt action is of the utmost importance to the welfare Of the com panJ.
 W. c. GOTSHALL.
 JAMES, J. FARREN,
 CHAS. W. MACKEY,
 Committee.