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

E..oIa nj IHC - D.
's Mining Company. Since the elee
u.me three months ago the com
- has been tied up by a contest Il
r. Election, and she decision of Judge
80 which is herewith given in full
oreat interest to companies III
.,s reorganization stage. The decls'
ion follows:
:, The district court of the seventh
;,aieial district of the state of Ne
yada. in and for the county of Esmer-
Ida L. l.. Patrick, plaintiff, VS.. j.. g.
u.Kay. Ben Gill, f. A. Byler and
piamondfeld Black Butte Re-organlz-
sd Mining Company Ga corporation),
defendant.
This cause came on for hearing De-
tore the court upon due notice, the
olaintiff, l.. L. Patrick, was represent
% nv Messrs. Thompson, Morehouse q
Tbompson and E. E. Patrick, as attor-
news for him, the defendant being rep
resented by s. L. Carpenter, and oral
and documentary evidence having been
introduced by the respective parties
and the cause duly argued and sub
m;tted to the court, the court now, aft
or due elaboration, and being fully ad-
vised. determines as follows, to-wit:
That heretofore, ON or about the
18th day of October, 1909, the Dia-
mondfeld Black Butte Consolidated
Mining Company was a corporation
transacting business in the county OF
Esmeralda, state of Nevada, and was
indebted TO the First National BANK
Of Goldfeld in the sum of ninety-five
hundred OS9,50O) dollars, and to n
Frank M. Ish in the sum of sixty six
hundred thirty-seven dollars and
twenty nine cents (~$6,637.29) dollars.
And that on said 18th day Of Octo-
Der, 1909, AMI for a long lime p'ior
thereto, and ever since, aud now, the
Registration Trust Company was aud
is a corporation transacting and hav-
ing it's principal place of business 1t
Goldfeld, county of Esmeralda, state
Of Nevada.
That on said 18th day of October,
1909, the plaintiff herein, l.. L. Patrick,
having full authority so 10 do from
said First National Bank of Goldfield
and the said Frank M. Ish, wrote to
the said Registration Trust Company,
addressed to it's president, Thomas +.
Manning, a letter in the words and
figures following, to-wit:
"Goldfeld, New, Oct. IL, 1909.
Registration Trust Company,
Thomas Manning, Manager,
"Goldfeld, Nevada.
Dear SIR
Herewith l hand you notes of the
Gamondfeld Black Butte C~onsohdat-
ed Mining Company amounting to $l6,-
1929, as follows: Note for $4,000
in favor of the First National Bank
of Goldfeld; note for $6,637.29 in fav
or of Frank M, Ish. For purposes
hereinafter stated these notes nave
been assigned to you as trustee. Act
ing as trustee you will at once have .
suit brought against the above-naiaec
company, and on obtaining Judgment
proceed to have the property and as
sets sold to satisfy the Judgment.
When the sale takes place you vii
please bid on the property up to the
full amount of the judgment, costs aud
interest. Should you acquire the prop
erty you will at once proceed to organ
lze a company under the laws OF s1e
state of Nevada, with a capitalization
OF $2,000,00 of the par value OF III
per share, the shares to be as~sessaoie,
but the articles of incorporation to IN
elude a clause that no assessment eX-
ceeding one-half cent per share shall
be levied in any quarterly period. Tie
name of the company to be the u
mondfeld Black Butte Re-Organizes
Mining Company"
"As soon as the reorganization Of
tbs company is completed you WI
transfer to 1T all title that You ma,
have obtained to the property and as
sets of the D~iamondfeld Black Butt
Consolidated Mining Company. Whe
the title has thus been transferred
wish you would address a letter 9
each stakeholder of record of the Dia
mondfeld Black Butte Consolidate
Mining Company, stating the facts q
garding the sale and reorganization
and also stating that each stockholde
of the Diamondfeld Black Bate Cor
soldated Mining Company may obtai
stock in the reorganization eompan
by sending you the stock which the
mold and one cent per shave. II
stock in the new company will be J