The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-29

,ion have been given out by the com
pany lately, and extended extracts
have been printed in these columns.
The annual meeting was only recently
beld and n statement of receipts and
expenses, ore mined, etc., was issued
George wingfeld holds a very large
control and completely dominates the
poliey of the mine. There have been
many reports circulated about CONSOLE
dated absorbing Combination Fraction,
but nothing has developed recently to
indicate that such a consummation Is
likely to occur. We do not know where
you got your information that the
mine is ga hollow SHELF as 1T is SHIP
ping a large tonnage right along.
R. T. w., Salt Lake.-We understand
the Mogul Consolidated, eight miles
north of Tonopah, is in good physical
and financial condition. Reports OF a
strike of very rich ore were received
At this office lately. The ore was found
ON the north erosscut at the ls0-foot
level in the shaft between a lime and
cuartzite contact in a rhyolite por-
phvry filling. A rich strike has been
reported also a considerable distance
west of the shaft-probably 800 feet.
The new ledge on the 3OO-foot level
running north and south is continuing
to improve with development and some
very fine lead carbonate ore is com
ing in now. There has been a vast
change in the north crosscut, winch
is now out nearly 600 feet, and the
company can expect to cut the big
Horseshoe hanging wall almost any
day. This is one of the property $
most prominent veins and is said by
many competent mining men and en-
qineers to be the place where the com
pany will get it's large ore bodies. In
the last few feet there has been a de
eided change in the formation, which
is similar to the casing where large
ore bodies have been found.
T.. M. p, hiladelphia.-Recently a
bill in equity was filed against the ola
board of directors of the Tonopah Bel
mont as well as the company itself by
d%isgruntled stockholders, who claim to
have exercised their option to purchase
treasury stock to the extent of one
twelfth of their holdings in July and
Auoust of 1907 at So a share, influenced
nv false statements issued by said di-
~rectors. Next week this action Will be
thoroughly and exhaustively reviewed
by the writer together with a copy OF
the aforementioned bill OF equity. Bel
mont insiders upon learning OF TINS ac'
ton started to bid the stock up In
order to counterfeit the effect on thf
nuhlie of this news. Cal Brougher, who
owns personally some $4,000 shares OF
the stock, in addition to what MS
friends on the coast have, has peel
~endeavering to secure proxies, rearing
that the old Brock regime was getting
back into power. He wrote to Ciyde
Heller. secretary of the company, re
Gently, asking that any blank powers
around unclaimed might be FORWARDED
to him. Heller replied that all the
powers of that nature had been claimed
and that he could not help Inn. Jus'
now Mr.. Brougher is in no way con
uected with the suit against the Ole
directors, and it is hardly probable tha'
be will mix in later. 1t is certainly toe
had that the internal affairs OF thl'
company are in such poor shape, espe
c;auv as from a mining standpoint the
property is looking better than fo'
some years.
L. M. s., carson City.-The Tonopaf
Consolidated Mining company has I
Capitalization of 81, 100000, with the
same number of shares at a par value
of ST. each. The incorporators are
+. X. Pittman, p. c. Fistler and IL. Ii
Twining. all of Tonopah. The original
subscriber for the capital stock is Key
Pittman. The main object in the OF
ganization of the corporation Is to
take over, acquire and operate a grouI
of quartz mining claims in the Tono
pah mining district, owned by Key
Pittman and known and described ant
recorded as "Golden Anchor" "Trip
lett .sBlack Mascot ~"Salvation
(or Salutation), "Limerick No. :,
"Sky," "Sky 3" ''Sky 81 TIT
corporation will accept an agreemen
of sale executed by the Tonopah Bank
ing corporation to Key Pittman TO
the Golden Anchor, Triplett and Blaci
Mascot claims. 1t is thought that thu
company will resume work on thes'
properties in the near future and prob
ably through the Golden Anchor shaft
The claims are situated near the Gold
en- Anchor ground and part OF then
are in the Midway Extension group
H. G. s., Wasco, Texas.-The KIM
Solomon Mining company is making
good showing in a new shaft with
small vein of ore which leasers follow
ed to a depth of twenty-five feet. Thu
nav streak in the bottom is now on,