The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-09-03
Former Lieutenant Governor
Hutchinson of Idaho Far
Richer Than He Was.
NEVADA HIGHEST TRIBUNAL
DECIDES IN HIS FAVOR
Declared Owner of Immensely
Valuable Mining Stock and
Rich Dividends.

J. T. Hutchinson, who was lieutenant
governor Of Idaho when Governor Steu-
nenberg occupied the executive chair, has
every reason on earth 10 feel at peace
with all the world. TO be satisfied with
himself. to declare the courts are all right
and that everybody and everything is all
right. Governor Hutchnson's great con-
tent has a reason. The reason Is that
Governor Hutchinson is just $347 900 bet
ter off now than he was Thursday
Governor Hutchinson came to town
from his home IN Boise to attend to af-
fairs OF business. He was a guest at
the Cullen. Friday afternoon he received
a telegram from Carson City. New, to
the effect that the supreme court OF that
vor, first rendered by the lower court at
Goldfeld. The case involved the ques-
tion as to whether Governor Hutchinson
was entitled TO the credit for the Idea
OF the great combination OF mines In
Goldfield, or whether the Idea was worth
nothing. and whether or not he was en-
titled to stock In the Consolidated Mines
company. which Is now selling at $S.25
a share-to 10000 shares of this stock
and to 100000 accrued dividends. The
supreme court holds that Governor
Hutchinson Is entitled to all these
things.
f1lSCOIy Ol u HululuB Dedl,
On April IS, 1906 the date OF the San
Francisco earthquake, a phenomenal dis
covery was made on the Hayes -Monette
lease at Goldfield. From this discovery
spread the boom in southern Nevada in
gold. Immedia tely after the amazing find
miles in q horseshoe. The mining claims
OF prominence were then known as the
Mohawk, Jumbo. Red Top. Combination.
Clairmont and Velvet. The discovery of
the remarkable ore was made on the
Mohawk No 2. and from this claim the
astounding fortunes were made by Al
Myers, Tom Murphy George WingHeld
and Senator Nixon
Wingfield merged the Mohawk the Red
Top and the Jumbo Hutchinson and his
associates secured an option on what
which claimed the apex on the claims
mentioned to the east, and through this
option interested ]. P. LOTUS and j. r.
Davis, wealthy mining men of Goldfield
Nixon and Wingfield In the st. Francis
hotel in November. 1907 From this deal
there was formed the Consolidated Mines
company, Ningfield having interested j,
II. Carstaris, II. c. Frick of Pittsburg,
Charles Hayden of Hayden. Stone 6: CO.,
and ]. II. Hubbard of Chicago
Decision Is Affirmed.
The Consolidated was capitalized at a
high figure, Hutchinson brought suit
for two-thirds of the capitaliza ton, less
words, Mr.. Hutchinson sued for 10000
shares OF the stock.
The lower court decreed that the Cold
field Consolidated cancel certain ccrti-
flcates resting in the name OF c, II.
Botsford, Hutchinsons associate, and is
sue new certificates In lieu thereof. This
decision has been affirmed. Botsford
shortly afterwards disappeared and is
now supposed to be In Brazil or France.
Some of the certificates are now
claimed by so-called innocent purchasers,
| hos
purchasers of this stock can make their
claims stick" as notices OF the cancel
lation were posted In San Francisco, Los
Angeles, New York. Paris and London,
where the stock Is listed.
One hundred thousand dollars In dlvl-
dends has accrued and this amount Mr..
Hutchinson Will now get, In additlon 10
the 20 900 shares OF stock that is quoted
nj sS25.