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

suit. his SUIT ih'"i'N 49, |.
ZION of the holdings of the Pittsburg
silver Peak Gold Mining company
known as the Silver Peak mines ana
has no bearing upon the other hoioings
% tho company, towit: Mohawk-Apiine
unonv mines. the railroad, stamp
mills. ETC., of the company. Inc """
inc claims in controversy are owns' Wy
tho silver Peak Gold Mining eompaHy'
. eorporation. ali of whose capital sto'S
is held by the Pittsburg-Siiver i"'N
Gold Mining company. In 1924 Tue
owners of the property in controversy
u "a the Blairs. gave TO one l.. D.
Hanchett an option to purchase 'h'
r,;nos m he exercised by December,
1894. The option was subsequently ex
tended TO 1896. Hanchett failed TO eN
ercise his rights under the option anu
the Blairs brought suit against MN "
recover ROYALTIES and for possession Oh
the property. This suit was decided py
the United States courts in favor OF the
Blairs. b. A. Gamble, a p~lalntih III
the present suit, which was brought
in the state courts of Nevada, claims
that he was a partner OF Hahche't'
but the Blairs deny this and have Oh
ferad in defense of the Gamble suit the
Judgment previously obtained by them
in the United States courts, which, 1t
is claimed. was "A full and complete
-settlement of all controversies. Not
withstanding the decision of the ohlteu
states courts. one of the district courts
of the state of Nevada, at Reno, IN
February, decided the Gamble htiga-
ton in CANDLES ave Inc biairs
will take an appeal to the supreme
court of the state of Nevada, and II 1t
becomes necessary, will lake an appear
TO the United States courts on the
ground that the controversy has been
litioated before. When the property
was bought tie Blairs entered into an
agreement to protect the company
against any law suits over title. ms
contest in no way affects the Mohawk
property, nor does it affect the railway,
, nor the mill, nor any of the appur-
tenances of the plant. While litigation
is always unfortunate, my advice 10
the stockholders would be to not get
unnecessarily alarmed in view of the
fact that there AVE been previous de
cisions of the United States in favor
of the Blairs, where the case must lin
ally 90. The Improvements to TINS
property are about finally and fully
completed. June l will witness the
completion of an underground tram,
l.4OO feet in length running along the
+ base of the ore. The operating cost OF
the mine for February, 1909, was $4.32
per ton; for April 1882 per ton, which
includes ST. per ton for development.
r. r. G., New York City.-The Ne
vada Counties United Gold Mines com
pany owns the Austin mine, located III
Willow Valley, near Nevada City. At
the present time no work is being
done, but the managers state that ope-
rations will be commenced at an early
date. The mine has a good record,
and it is understood that considerable
ore of good grade is developed. The
property is well developed and Is equip
ped with some machinery. The ore is
free milling, and when everything has
been placed in shape, the enterprise
should prove remuneratlye to the STOCK
holders. The officers are: Fred Meyn,
president; W. w. Rose, treasurer; W..
s. Beard, secretary; +. f. Ware, man
ager. The latter two are in charge of
the property.
L. H., Philadelphia Pa.-For the past
fifteen days in May the total bullion
production of the Round Mountain
Mining company amounted to about
$17, 900. This is at the rate of approx
mately $4,000 a month. The May pro-
d~uction is in excess of that for April
by at least $4,000, and the chances are
that the total will be increased as soon
as the corporation commences opera
tions with it's electrical equipment. The
power and light will be into Round
Mountain by the first of the coming
month, and the development work be
prosecuted upon a more extensive scale
than ever before, and at a less cost
than heretofore. The new machinery
for the company is nearly all on the
ground. 1t has been computed that the
average value of the ores treated of late
by the Round Mountain Mining COM
pany is not far from $12.70 per ton,
and the total tons treated each month
will not be far from 5000.
L. T. s., Lynn, Massive cannot
say what the status of the Keane Won
der litigation is at this time or what
will be the outcome, but it looks as
if the company had the best of Hickey
and Mackenzie, and that it will have to
pay only the Indebtedness owed to the
bank and not the banks indebtedness
to Mackenzie and Hickey, all of which
Hickey atfempted to add on tho