Bisbee daily review., 1908-07-28
TIE COPPER BELLE SOLD
 ID AMSTER
Gleason Property Disposed of Under Sheriff's Hammer, Goes to Boston Capitalist for $90,00O.

The property of the Copper Belle Mining company at Gleason was sold at sheriff's sale Saturday afternoon by Sheriff Jack White to satisfy c judgment rendered in the district court against it in favor of John Gleason amounting to $21.000 which was held as mortgage. There wa- also a second mortgage which was bought in by the purchaser. The total amount paid being in close prox- imity 10 S90,000 with the costs and interests.
 The property was purchased by Nathan L. Amster, the Boston capi- taIist,
 The sale of the mine today termin- ates 8 long fight for the possession of one of the most valuable proper Ges in the territory.
 The Copper Belle was first owned by woman who neglected to do as- sessment work. after which John Gleason relocated the mine-about twelve years ago Mir. Gleason held the mine on his own account for about two years, and then sold it to New York people who organized 8 company. many of the stockholders being cooks and walters. Gleason re- ceived some cash, but accepted stock in the company for the greater part of the price, and was made its resi- cent superintendent The mine was developed to a depth of 300 feet and a very large body of silver and cop per ore was opened up.
 The company worked the mine for ten months, sending its ore to the smelter at Fl Paso and clearing ESQ., GOO during that period. But the east erE directors had an idea that much better results could be attained by smelling the ore on the spot. Glea- son fought against this, but to no avail. The directors sent him a small furnace of peculiar make which proved a failure, and it was not long before the mine began to throw it back into the hole
 This was too much for Gleason and he made the company a proposition to the effect that he would buy the property or sell out his interest. The second alternative was accepted, and Gleason took note for S52,o00, with a mortgage on the property which was assigned to Martin Costello. The new management did not prove any more successful, and it was not long before the company was DOrrOWlnS money again from Martin Costello. In spite of the loan made by Costello, or because of it, the company at last de faulted on the interest, and there was a law suit, which the company lost and appealed the case.
 Assured of their victory, the east eTners leased the mine to the Shan non Copper company, which went to work on the mine in earnest, ship ping the ore to the Shannon smelter. But this did not suit Costello, who held a mortgage on the property, and he asked for an injunction against the New York company, holding the mine was being gutted, thereby re- ducing the value of the property on which he held a mortgage
 The Copper Belle is about IS mics from Tombstone, is held quite a rich property. It is a big deposit of sul- pnide ore. running about , per cent copper, 40 per csBt iron, 40 per cent sulphur, and only per cent siHcate.
 c. L. Rawlins, of the law firm Of Rawlins & Little of Globe for the Amster interests, was at Tombstone, accompanied by Superintendent J. w. Bennie of the Shannon Copper com pany He attended the sale and purchased the mine for BIr. Amster.