Bisbee daily review., 1908-02-23
DR.. ]. B. SLOAN
ARRESTED FOR
mining DEALS
That He Swindied
Fasteners Out OF Many
Thousands In Operations
Near Wilcox.

The Los Angeles papers during the
past few days have had number OF
glowing accounts Of the arrest in that
city OF Dr.zJ B. Sloan, formerly of De-
troit, Michigan, who was arrested in
Los Angeles on Geographic advices
from the east alleging that he was
wanted there for obtaining money on
a fake mining venture in Arizona.
DIR. Sloan was for several years the
president OF the Nebraska Mining com.
pany, which had a number of placer
properties in the Dos Cabezas mtg.
about eighteen miles from the town
of Wilcox in this county. The COM
pany, was afterwards known as the
Dos Cabezas Mining company and DR..
and became well acquainted with
great many OF the citizens of that
place. Those who know him do not.
believe he made any money out of the
mines himself, but that the greater
portion cs the funds was expended on
the property. The claims were loca-
ted several miles up in the Dos Ca
bcZas mountains and directly under
the Dos Cabezas peaks. The company
spent several thousand dollars in in
stalling machinery, boilers, etc, to
work the placer ground and after sew
eral years they had to give up the
work as IL could not be made to pay.
The plant was one year nearly washed
away by the floods and later on the
water played out. About a year ago
Lloyd Wilson, who was acting as
keeper of the property, brought suit
in the district court for wages alleg-
ed to be due, and was given judgment
and bought in the property for the
amount of the judgment.
The following from the Los Ange-
les Examiner gives an account of the
Doctors arrest:
Dressed in the height of fashion, sur
rounded by every comfort and luxury,
DR.. ]. Byron Sloan was late last night
arrested by Detectives Chapman and
Home in his richly and handsomely
appointed apartments in fashionable
South Olive street apartment house,
| charged by a Geographic warrant
from Detroit, Mich, with obtaining
many thousands of dollars in that city
on fake mining scheme.
At Central Police Station, where he
was placed in a cell, without being
given an opportunity to furnish bail,
Sloan denied the accusation made
against him by the eastern police. The
charges ara that he not only mulcted
many people of Detroit and Chicago
in mining project, but that in Detroit
he led an extremely gay life, in which
actresses and perfumed cigarettes and
, magnificent dens played a part. In
| discussing the charges DR.. Sloan,
who has had offices in the Chamber OF
Commerce building for several months,
said: 5r
Il never handled dollar Of the
money invested in the Dos CabeZos
mine. When the company which
| fioated the venture was organized ]
| was made president and Clement A.
| Dunbar, who is now the principal one
| of the claimants against me, was
| made vice president. Stephen e.
| Hartnell was secretary and treasurer
! When the company was formed
in $4,000 and as president was paid a
small salary. In June, four years ago.
came cut to Arizona and California
I for my health The following spring
returned east and withrew from the
company. turning over between $4,000
and $4,000 shares which l held at that
time.
cat that time the company was reoT.
\ ganized and signed q financial state.
ment, made at that time. / have cor
responded with Dunbar since came
out here On various matters, and he
did not once mention the charges that
have been preferred against me.
1t cannot be anything but spite
work. Why have they not taken ac
ton long ago instead of waiting foul
years and until have settled in bust
ness here? / was in Detroit two
years ago and there was not whisper
against me at that time.
| Whel ! withdrew from the company
my stock was taken over by Hartnel
and he was made the president of the
company. Every cent that | knew Of
secured from the sale of stocks went
into developments. The water gave