Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1912-05-03
WANTS DAMAGES
Of S69,469.53
Big Suit Filed at Globe
Against HOvland and
Warrior Develop
ment Company
Observation-Disclosures

GLOBE. Ariz. May p .llagine
that careless MANAGEMENT aaH neg
lect caused the loss Of q w IT,, hye
thousand dollar teaching mil, mat
their mines were not properly mined
and timbered. that false reports Of The
amount Of money received Tor ores
had been made BIZ The plaintih com.
panv, with the intention of deoeiy-
ing them. that the taxes Were not
paid as the statements showed. ana
with many other strong and sensa-
tional allegations, suit has been
brought and filed in the superior
court against Henry y. Hovland, pro
moter and capitalist Of Duluth. Mimi,
president of the Warrior Development
company. officer in the Live Oak De-
yelopment Co. and his company. the
Warrior Development company. by
the Warrior Copper company, through
Alderman and Elliott, OF Globe.
The history Of the case, as stated
in the complaint OF the Warrior
Copper Company shows that on the
ninth OF October 1903, the Warrior
Copper Company entered into an op-
ton contract with Rowland providing
for the sale Of all Of their mining
claims and property belonging to
them The price 10 be paid was ST.
10000 TO be paid, $4,000 in money
and $S5O,00O in bonds, or $4,000 IN
money and $3j0.0OU in bonds. How
land agreed to organize corporation
with n capital stock Of about two and
one half million dollars 10 which he
was TO assign his option and all OF
his rights 10 the property covered by
the option The purchasers We're al
so to assume all outstanding certiti
Gates Of Indebtedness Of the Old com
pany. amounting to approximately
$4,000
In addition to the $4,000 which How
land paid in cash he also agreed to
advance the COPPER company 100000,
$4,000 to be paid on Nov 10, 1908
and $4,000 on or before Dec. 81, 1908;
the $4,000 paid on the option was 10
apply on this 100000. This money
was to be returned TO Rowland &C
cording TO a long contract providing,
with many conditions. for its being
paid by money collected through the
sale Of and the profits on ores taken
from the mine. The option was 70
run until Jan. ], 1913.
The contract was signed by Spenc-
er d. Wright, president of the War
Tior Copper Company and Henry B.
Hovland This company has no con
nection with the Black Warrior Cop
per Company, Amalgamated, in which
James A Flemming is said 20 be in
terested.
The complaint then goes on to say
that during the time which the de-
PENDANT and the Warrior Development
Company had the mine under their
control the mining was done in care.
less and negligent manner, leaving
the mine in an extremely bad and dan.
gerOus condition That they neglect.
ed to timber properly and left the
workings useless and inaccessible in
many places.
They also say that the taxes for
S5.597.4l were deyided and assessed
and that they have never been paid
and neither have the fees or charges
They state that the defendants rep
resented in a report TO the owners
that they had paid or would Pay Sc.
S14.4S taxes and deducted the amount
from this statement showing the
amount Of money taken in and paid
out, when as a matter Of fact they had
paid nothing and the report was in
tended 10 deceive.
The only money that the Warrior
Copper Company acknowledges re-
Ceiving is 100000 as originally pro,
vided for and they state that the De
yelOpment Company, OF which How.
land is president, has received, &C
cording 10 their own report, $4,000,
60 and they contend that the develop,
ment company has collected greatly
in excess of this amount and they ask
in addition to the S69.i69.43 an &C.
counting of the company to determine
how much more may be due them and
ask that the court award them what
ever balance the accounting may
show.