The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-04-11

rumor that the Goldheld Consolidated
Mines company is about to enter suit to
gain title to the ore bodies of the Com
bination Fraction is denied vigorously
by one of the officials of the company.
Apex rights only exist when the dip of
the ledge carries it out of the sideline
into an adjoining parallel claim. III
the ledge passes from one claim into an
other on endlines no extralateral rights
exist. According to Chapter q. Title
80. Revised Statutes of the United
States. the owner of a claim locates the
ledge O it's dips, spurs and angles
and the six hundred feet in width, 300
on either side of the center of the ledge,
is merely reserved for mining purposes.
The surface ground 600x1500 feet, is
not located as a surface right. 1t is
the vein itself. 1900 feet in length,
which is located. Hence there can be
no apex right outside of an endline.
The word "extralateral' itself defines
the matter. The deepest shaft on
Silver Pick is about 800 feet. There
is little danger of Red Top Extension
getting apexed, as the ore BODY ap-
pears to extend out of the Miss Jessie
claim of the Laguna, which has been
tapped by the Mohawk-Red Top COM
pany, which has an understanding with
both the Red Top Extension and the
Goldfeld Consolidated Mines COM
panies.
A News Reader, Goldfield. The par
value of Red Hills and practically
every other stock on the Goldfield ex-
change, is 81. If a stock is selling at
rs cents, it is % cents below par; If at
$1.25 it is % per rent above par. The
commissions paid brokers for executing
trades upon the mining stock exchange,
are regulated by the exchange, and are
graduated by the price of the stock.
Ask an broker for the list of commits
sions; we have not room to print 1t
here. All listed stocks are non-assess-
able. Some of the stocks traded IN are
primarily leasing stocks and the WORD
"leasing' usually appears in the cor
porate name of the company, but 1t is
q rule of the exchange not to list any
leasing stock, unless the company also
owns some ground outright.
J.. M. H., Chillicothe, O. 1t is i'm
possible for this Office to answer queries
by mail, as it would necessitate a
stenographer' department to our busi-
ness for this purpose exclusively. None
of the properties you ask about are
working at present except the Comblna-
ton Extension. The funds of the other
properties were tied up by bank fail
ures. but that difficulty is being straigh-
tened out and the properties will soon
resume work. The Combination Exten-
sion is an excellent piece of property,
in the heal neighborhood to the leases
that have lately provided Goldfield1 .
sensations, and it is hoped to get some
of the same rich veins. Drifting is 60
ing on at the 425-foot level.
G. E. s., Pittsburg. Mohawk Annex
is not working and probably never Will
work again. There is considerable or
a cloud over it's stock issuing tactics.
In fact, a considerable sum was raised
by shareholders some time ago to enter
civil and criminal proceedings, which
are hanging fire. Mohawk Annex owns
the Evening Star lode claim, situated
between Goldfeld and Columbia. 1t is
a fraction of about six acres, A shaft
was sunk a hundred feet, but no results
were obtained. Your inquiry regarding
Double Eagle is answered elsewhere in
this issue.
H. r. M, Middletown, o. Not much
work has been done lately upon the
property of the company of which you
ask. Their holdings in both Bullfrog
and Crescent are regarded as good. We
do not know the future plans of the
company for continuing work. VIII
try to find out.
r. o. c., New Berne, N. G. We can
not state positively whether the Ne
vada Goldfeld Lease company went on
with its lease or not. The strike came
on Just as the lease was obtained, and
nothing was done on it. Mr.. Vickers,
the general manager of the company is
out of town and we cannot get exact
information until he returns.