The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-10-15

AisV any slo'h VI tht e-orr1nlZcI com
pany which has h)s been taken up at
the end of the 80 lays will be turned
into the treasury of the company SUD
ject only to a first lien in favor of the
original creditors for any balance IN
case the amount received does not fui-
ly satisfy the judgment and costs.
When the time limit for the transfer
of shares has expired you will please
call a meeting of the stockholders for
the purpose of electing directors and
officers.
"Until 80 days have expired no
stock of the new company can be OBJ
tanned in any way except by the pay
ment Of one cent per share and the
su~rrendering of stock in the re-organiz-
ed company.
"Yours very truly
81. l.. PATRICK"
That upon receipt of said letter the
said Registration Trust Company ac-
copied said trust and proceeded at
once to bring suit as therein stated,
and obtained judgment in the proper
court, on the 18th day of January, 1910,
under an execution duly issued on said
judgment, sold all the real estate and
Improvements of the Diamondield
Black Butte Consolidated Mining Com
pany, and the said Registration Trust
Company as such trustee purchased
the real estate and improvements of
said D~iamondfeld Black Butte Consol-
idated Mining Company in trust for
the uses and purposes set forth in said
letter of said L L. Patrick, aforesaid.
That said Registration Trust Company,
in pursuance of said trust, caused to be
organized, created and incorporated
under the laws of the state of Nevada,
the Diamondfeld Black Butte Re-Or-
ganized Mining Compan" with it's
principal place of business at Goldfeld,
county of Esmeralda, state of Nevada,
with a capital stock of two million
(2,OO0,O00 dollars, consisting of two
e, O0O 000) shares of the par
value of one dollar ($1.00) per share,
and designated it's number of directors
in the articles of incorporation as
three (3), to be increased thereafter,
and which was increased to five (5) di-
at a later time.
That thereafter and in pursuance of
said trust the Registration Trust Com
pany as such trustee transferred the
of said Diamondfeld Black
Butte Consolidated Mining Company,
so purchased by it in trust aforesaid,
to said Diamondfeld Black Butte Re-
Organized Mining Company, taking ov-
err the said stock of said Diamondfeld
Black Butte Re-Organized Mining
Company in trust, as aforesaid, as the
consideration for said property so
transferred, and then and there held
the said stock to the amount OF two
million $4,000, 000) shares in trust for
the uses and purposes set forth in SAID
letter aforesaid, and for no other pur-
poses.
That the SAID Registration Trust
Compay thereafter gave notice by a
printed circular to the stockholders OF
said Diamondfeld Black Butte Consoll-
dated Mining Company on the LIST day
of January, 1910, as follows:
~"Goldfeld, New, Jan. l, 1910.
"To the Stockholders of the Diamond
field Black Butte Consolidated
Mining Company.
"Gentlemen:-
son Oct. IL last Mr.. l.. l.. Patrick
one of the largest stockholders %
your company, handed the Registration
Trust Company a letter concerning III
affairs, which is as follows:'
The same being the letter herelnbe
fore copied in full, and the SAID cir
cular of the said Registration Trns
Company, after quoting the letter o
L. l.. Patrick, continues as follows;
Pursuant to the Instructions there
in contained a judgment has been Oh
tanned upon the two notes therein men
toned, in the district court of the se'
enth judicial district of the state ?
Nevada, in and for the county or rs
meralda. executions issued upon TN
said Judgment, and all of the real e'
tate and improvements of your con
pany are now offered for sale, both
Esmeralda and Nye counties, Neva'i'
ON Jan. Is next. At such sale IN
property will be bought by tins con
pany and used as the foundation ft
the new company by whom your int
ests are to be recognized in the mann'
speeifed in Nh. l.. l.. Patrick lette
The title to the property thus secure
will be Immediately assigned to II
new organization, the Dlamondhe
- NJ. Ra-oryanized Mining Co