The copper era., 1908-06-04
NEWS OF THE TERRITORY.

NeVllles formerly a resluenI 0
 Clifton pleaded guilty to murder il
 the second degree committed recent
 iy in Cochise county and was sen
 tenced to fifteen years in the pen.
 The senate has confirmed the fol
 lowing postmasters for Arizona
 Wm. NJ. Newell, Mesa, Maricop;
 county; w. F. Buckenham, Hum
 boldt, Yavapai county; Fred E. Cald
 well, Douglas, Cochise county; Louisa
 Ferrall, Grand Canyon, CoconinC
 county; Reuben s. Galusha, Ashfork
 Yavapai county.
 The Globe National Bank, whict
 suspended last November owing tC
 the run on it, opened again last week
 The paper held by the bank had beer turned into cash, and the comptroller gave permission to open. On the first day the deposits amounted tc more than the withdrawals. A. C. Smith, formerly cashier of the bank, and formerly cashier of the Gila Valley Bank & Trust company al Clifton, had charge of the bank as cashier on it's reopening.
 The stockholders of the Keystone Copper Company voted to accept the offer of John B. Newman, of Globe, who agrees to pay off the S65, ,OOO mort gage and to spend s4, 900 a month for two years in development, at the end of which time he may take over the property for sum unknown or let it revert to its owners. This knocks out the deal the Keystone made with N. L. Amster, of Boston, two weeks ago, on practically the same lines Globe Belt.
 Thatcher has ridden herself of a most undesirable citizen, a young man named Sam Echols. For year or so petty theiving has been going on down there, giving the good peo- pie of Thatcher an unsavory reputa- tion. A determination was reached to catch the theft, this was followed by a carefully planned effort. The result was a success. The young man had a place to store the stolen goods, which he kept under lock and key. After he was trapped his place was opened and it was a sight to see the many things that it concealed. Buggy whips, lap robes, over coats. pistols and many other things, many of which have been identified and re- turned to the owners. We sympa- thize with the parents of the boy, but rejoice that he has been caught Stafford Journal.
 At meeting of the West Cananea Mining company which was held at Cananea a reorganization of the com pany was effected and plans were promulgated for the continuance of the development of its properties along new and conservative lines which are generally being adopted in all the Sonora mines. The capital stock of the company is $5C0,0Oo of which 10000 shares are outstanding. The holdings of the company are about five miles to the westward of the Greene-Cananea properties and have always been considered as high ly promising with immense quantities of ore at hand which in the past was proftably shipped to the El Paso smelter. The plans as formulated call for a stock issue to continue in the development work but along more economical lines than in the past. The new management as chosen at the meeting will consist of John H. Slaughter, president; R. L. Samuel, J. A. Howell, secre- tary and treasurer, with w. T. Hughes, B. N. Norton, c. B. Tarbell and J. c. Gress making up the bal ance of the directorate. The imme- diate cause of the reorganization was an outstanding debt of S4O, ,O00 to the former owners of the property and it is said that a satisfactory arrange ment for caring for this obligation has been made and that under the new directorate it may be expected to see a resumption of the work which was discontinued during the slump in the red metal.