Los Angeles herald., 1909-05-10
SHELTER CLOSES
LUCKY BOY DEAL
HAWTHORNE GROUP SELLS
FOR S1,500,000
WINGFIELo TAKES OPTION ON
NEVADA HILLS
Plans for Larger Operations at Fair
view Begin to Observation-Disclosures
MIA and conqueror Con-
solidate

GOLDFIELD, May 9.-Theyre talk
ing millions now at Hawthorne.
First it was hundreds, when the
camp had few prospects; then it got
to thousands when pay ore was
struck; then hundreds of thousands,
and now the figures begin to range
seven in a line.
Johnny Miller himself says the
sale of the Lucky Boy and Alamo
groups to the United states Smelling
and Refining company is just as good
as closed for $1,500 900. However, he
cares little whether the deal goes
through. Double that sum in ore is
in sight. Incidentally, Miller bet j. f.
Mitchell trip to Europe, with all
expenses, that the Mitchell lease at
Lucky Boy will produce net 100000
within the next year.
Owing to the constantly growing
population of Hawthorne and Lucky
Boy, negotiations are under way for
the conversion of the old courthouse
at Hawthorne into a first-class hotel
to be second to none in the state, with
the exception of Goldfeld. The county
commissioners have decided to rent
the old building, and it will be thor
oughly modernized so as to appeal to
the most fastidious.
The visit of Mr.. Miller is of particu-
lar interest in that he brought with
him a part of the first mineral exhibit
for the American Mining congress. He
has asked for first place in the eX-
bibit, and this has been given him.
Within sixty days 1t is expected that
the railroad will have a line of gaso-
line motors in service between Thornc
and Hawthorne, a distance OF some
six miles. The road will be in the form
of a "Y' and will greatly facilitate
travel between Thornc and Lucky Boy.
Takes Option on Nevada Hills
From excellent authority it is said
that George Wingfield and coterie of
New York friends have secured an
option on the control of the famous
Nevada Hills mine at Fairview. The
price is not made public, but as the
option calls for 100000 shares of stock
that is now selling for S1.40 a share,
the total is undoubtedly of proper
lions to make the deal one of the larg-
est in the state for many months.
1t is also said Wingfield will. when
he exercises this option. consolidate
the Nevada Hills with the Fairview
Eagles, also at Fairview, and start a
system of development that will revive
Fairview
The Nevada Hills is one of the
known bonanza properties of the state,
and it's acquisition by Wingffeld and
associates indicates that his recent
statement that he would return to
Nevada for the purpose of mining on
a bigger scale than ever before, was
based upon fact The company owns
three claims and has produced more
than 100000. It has declared two or
three dividends with a total velvet
OF S373,716. The last dividend was ten
cents a share, and was paid December
90, 1907 The company is incorporated
for So, DOC. 900. the par value of the
stock being IS a share. There have
been $4,000 shares issued.
Among the properties of the Nevada
Hills are the Boulder No 1 and the
Florence No. 4. at FairView Those
in control, for the most part. reside in
Salt Lake city. w. w. Rice of that
city. is president; James r. Davis, Of
LOTUS & Davis, is vice president; wv.
A. Clark of Salt Lake, secretary and
treasurer; while James Farrell John
A. Kirby, J. T. Hodson and William
H. Weber are directors.
Agents Inspect Property
At the alleged direction Of Mr.. Wing
field the property during the past two
or three weeks has been sampled and
thoroughly inspected by his agents.
That the result is the signing OF the
option is said to be correct. Thls
option will be on 100000 shares. Even
If forty cents be knocked from the
present market price. the option Would
involve considerable over 100000. The
COI0DllldllOn
the Fairview Eagles, another big prop
erty, will mean much to the FairvieW
section and stimulate mining opera
tions in that entire section. 1t is ru-
mored that the plan of the new own
ers, when they assume control, Will be
to erect a large mill of sufficient ca
pacity to handle the ores of both prop
critics. The grade is sufficiently high,
1T is said. to promise magnificent
return on the Investment. Nevada
Hills and Fairview Eagles stocks have
kept exceptionally strong during the
past few days.
The consolidation of the Goldfeld
Hibernia and the Condueror properties
has been formally ratified at meet
ing of the stockholders of the former
at Tonopah and it is now up to Mr.
Wingfeld and his associates to soon
formulate a plan of development on
these two promising properties.
new board of directors for the
Hjbernia has been chosen, CONSISTING
Of George Wing1eld E. J. Reilly, L. l.,
Blumenthal. IT. Fl. Brown. G. D.
Mercer, A. H. Howe and F. c. Favier
The old board of directors of the
Monarch Pittsburg Extension has been
rechosen. The offices Of both companies
have Just been removed from Tonopah
to Goldfeld.