The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-07-02

is known that quite a large number Oh
mining companies have failed to com
ply with the provisions of Nevada's
wildcat" law, providing for the issu-
ance of semi-annual reports. There is
reason to believe, however, that as the
law became operative June LIST, there
will be some lenieney shown to those
companies who are slow in fling their
initial reports, provided they get busy
at once and comply with the terms of
the law. So it behooves the officials of
mining companies to read the outline
of the law as given below and "get
busy"
These reports must be made in June
and November of each year and must
be filed with the attorney general, the
recorder of the county in which the
property is located and a copy sent to
each stakeholder of record. So far
only a few companies have complied
with the law by fling their reports
with the local county recorder
and there is little time to lose. To
assist the companies in the prepara-
ton of their reports, some of the
principal sections of the law are pub
lished below, showing the information
which stockholders of mining com
panies are entitled to receive:
(a) The name of each mining
claim and the total of such claims or
fractions thereof owned or leased, and
the number thereof being worked and
developed, also the county and mining
district (if there be one wherein said
claims are located) and the nearest
postofice and the distance therefrom,
as near as can be ascertained.
OBJ The nature of the title there
of, or interest therein, whether lease
hold or otherwise, also the date each
claim or interest therein was pur
chased, leased or otherwise acquires
by such corporation.
9 The character, value and 8
general description of all buildings
works, machinery and other improve
ments on each unpatented claim, and
the character, value and a general de
scription of all buildings, works, ma
, chinery and other improvements beins
actually used or operated by such cor
poration on it's patented ground, takeI
as a whole.
(d) The total number of days labol
employed and expended in actually &c
veloping the mineral resources of eacl
unpatented mining claim, if any, ant
of the entire patented property, if any
during the six months next preceding
and the total sum of money, or othe.
, valuable consideration, given or pai'
!, out therefor.
(e) The total number of share
. such corporation is by law authorizes
e to issue and the different classes an,
par value thereof.
(f) The total number of shares %
stock originally set aside by such cor
poration, if any, in it's treasury or 9th
erwise, to sell or otherwise dispose o
for the purpose of working, developing
or otherwise improving any patented
or unpatented mining claim, or fclaims
7 owned or leased or being worked o.
q developed by such corporation, and tn.
total amount of money realized from
the sale of any portion thereof during
the six months next preceding.
(g) The total number of shares o.
treasury stock sold, the price thereo1
per share, and the total sum of money
or other consideration received there
for during the six months next proceed
ing the date of fling of the statement
herein required, and the number OF
shares of treasury stock remaining un
sold at said time.
(h) The amount of money, if any
actually paid by such corporation tc
each of its officers, superintendents, OF
to other persons, exclusive of persons
included in subdivision of this section
as salary or compensation for services
rendered such corporation, stating the
nature of such services; also, the re-
spective amounts, if any, expended for
advertising and as commissions for
sales of stock, during the six months
next preceding the fling of such state
ment.
G) The total amount of bullion tax
paid during the six months next pre-
ceding.
The affidavit required by this sec
| ton ahan stato L.