The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-13

is closed down and has be., aa
time. The mine is in debt, ~
around Goldfield about s4.ooo
the first move has been made to -
date this Indebtedness. Insts.s
ley, the manager or head ~
cern' has nonchalently gone to
to raise another company to =,
lease on the Atlanta, which \.
the Eastern, and seems to hav. Nh
OF money. But while able 10 ~:
money for a new enterprise, he !.
tirely oblivious of the debts /.
on his old company. Such an o..s.
unworthy the confidence of tho 49,.
public, for it is downright dishoDsr.
w. N. s., sewicklry, Pa.-Tbs a.,
field Storm King was one Of W
Brewers fotations. We underst.,a
ground was lost to the COMPANY nv
location, and that the Storm K;nc
company without assets. The fat
it is traded in on the Los Angeles -
change does not signify. Somson. h.
stock, probably, and is making ,,.s
sales to get suckers to buy.
H. Give seem to havo
data on the United Mining and Hold.
ing company. Where is its properly
located, its main Office and officer. ~
the company What "Dividendu Mn.
ing company do you mean; there a..
several of the same name, but no,.
paying dividends hat we have heard
of. Be more explicit in your questions
please.
r. B. M, Oakland.-We have neye,
seen the incorporation papers Of the
company in question nor a stock certi6.
cate, therefore cannot say whether il
was organized as a worcestershire com.
pany or not. Examine your stock cer.
tiicate. Perhaps that will tell. Certif.
Gates usually have the capitalization.
par value of stock and if worcestershire.
it is usually stated. If the charter
sets forth that the stock is non-assess.
able, no legal assessment can be de.
manded and by no process can the stock
be forfeited for the non-payment Of any
assessment that might be levied. ANY
such assessment must be voluntary; it
cannot be made compulsory.
v. M. W., Boston, Mass.-Red Top
Mining and Leasing company closed
down operations temporarily about two
weeks ago on account of a shortage Of
funds to proceed further until the
treasury is replenished. They had a
very promising showing at the time
cf suspending operations, and advices
from johnson and Cottle, who are in
Los Angeles, CAL, seem to indicate that
work may be resumed before long, al
though nothing definite has been stated.
The work has been carried on energetic
ally and Systematically until the recent
closing down, and their chances for
catching one of the Red Top ore shoots
was very promising. They had excel
lent assays for several weeks, but did
not find the ore in sufficient quantities
and values to pay until they were
forced to suspend, at least Temporarily.
M. w. K, Philadelphia. The God,
field Gibraltar Mining company sus-
pended work on its lease some weeks
ago, after a long and persistent lana
expensive) effort to locate ore. Wheth-
er the company will resume, we are n'
advised. 1t is probably waiting 70
recoup its finances.
E. T. r., Chicago.-Do not CONFUSE
the Chicago-G oldfield Mines COMPANY
with the Chicago-G oldfeld Lease COM
pany. The latter has gone out OF e1ls'
ence, its lease having expired. lm
Chicago-Goldfeld Mines company
property consists of four full mining
claims, comprising 80 acres, locale
about Is miles northwest OF doianeiu'
and about two miles east OF the fs'
master mine on Paymaster gulcn. ssi'''
are in gold, silver and copper anu
favorable showing has been maoe !"
assays already taken. DeveloPmsl'
work will begin Immediately Dy wv
construction of a 50O-foot tunnel' CIV
E. j. Hoover, who has been inteis'''N
in the district for over three yeas
will have charge of the WORK.
company is organized under the awe
Nevada, with 100000 81 shares lau,
paid and on-assessable. The ONCE
are: President, Henry w. Mcfaf'a1s'
vice president, JOS. T. Keane; treasure
DR.. VIM F. Slater; secretary, fre0s's.
H. v~ercoe; field manager, =. ). nov
all Of Chicago, Illinois. The iss,u'
agent is Edward J. Hoover, Gold6slo'