Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1913-06-05
MANY INVEST
IN POWER
PROJECT
Promoter SELLS MANY INTERESTS
IN WHITE ROCK CANYON PROP
0SIT!ON.==A SUIT IS FILED TO
STRAlGHTEN OUT A VERY MIXED
SITUATION.
OTHER PARTIES HERE
TO PUT DEAL THROUGH

A suit filed in the federal court to
day by John Borradaile of Albuquer
que, against Chas. NJ Lang of Sal
Lake City, brought to light the fac
that several parties in this city, Al
buquerque and Chicago, have ad
vanced Lang various sums of none!
for the preliminary surveys OH the
White Rock canyon project which Is
to furnish electricity for Albuquer
que, Santa Fe, Las Vegas as we'll as
power for pumping throughout the in
teryening territory; also said parties
advancing money hold respectively a
half interest, half interest fourth
interest and fifth interest. Lang has
left the city and is now said to be in
Arizona, and to make matters worse
2 representative of Chicago capitalists
is now in the city ready to finance the
proposition, build the plant and put ii
in operation, if the various interests
represented can just be harmonzed
and the matter adjusted.
1t appears that Lang made repre-
sentations to j. H. Vaughn of this
city and VIM. F. Olson and George
A. Graydon of Chicago, that in con-
sideration of money sufficient to put
through the preliminary surveys and
pay the filing fees on the project that
he would assign them a half interest
This he carried out with them. They
advanced him something over 500.
and they hold his assignment for a
one-half interest, properly recorded
with the state engineer.
Lang also evidently, Judging from
the suit filed today made the same
representations to John Borradaile of
Albuquerque and secured $500 from
him, and to him also assigned
half interest. Vaughn ct al filed
their assignment with the state en-
gineer Immediately after it was made
but Borradaile however, did not file
his until last week.
1t is also reported, although this
could not be verified today that Lang
had also secured from {. M. Foraker
of Albuquerque. a sum not known, for
which he gave Foraker a deed, not
an assignment, for one-ffth inter-
est in the property and this deed
has been properly recorded in the
Santa Fe county clerks office.
It is further rumored that Lang
secured from E. P Davies of this city
a sum of money, amount unknown
because Mr. Davies is out of the city,
for which he gave Davies an agree
ment, not a deed or an assignment |
for a one-fourth interest in the prop
erty.
In the meantime however, the pre-. |
liminary surveys were made and the |
fling made in the state engineers Of ,
flee in the name of G. NJ. Lang. The |
application was granted and SO far as !
that part of the transaction is con-
cerned, everything is in readiness to
90 ahead with the construction of the |
plant.
Now comes Mr. Borradaile with his !
suit in which he alleges that as de-
scribed above he advanced Lang $500
'or which he received an assignment
If a half interest in the project. But
he first complains that Lang filed the
application in the name of G.. M. Lang
instead of the name of Lang & Bor-
'adaile as he had agreed to do. The
further sets out that Lang
represented to the plaintiff that he
lad made arrangements with ]. Fl.
Vaughn of Santa Fe and VIM. F.. o.
zen and George A. Graydon of Chi
ago, and H. w. Kelly of Las Vegas,
whereby they were to finance the
for a half interest in it,
md that he (Lang) had transferred
lis half interest to them to bind the
contract, and that it was necessary
or Borradaile to transfer half Of his
loldings, or one-fourth of the pro- ;
ect to Lang, which Borradaile does.
Borradaile later discovers he says {
hat Lang's claims regarding the
of the proposition by ;
vaughn and others were false and the {
uit is brought to have the contract I
ct aside whereby Borradaile trans |
erred half of his share to Lang, and ,
0 give Borradaile his undivided one
alf interest in the project again I
Borradaile was in the city a few
ays ago, and while here he learned
f the true status of the Vaughn ct al /,
interest, which was legally assigned q
alf interest properly filed with the
tate engineer. He admitted 1t is said :,
nat he recognized that under the cir =
umstances he could only claim one
,urth interest, hence the suit to re-
ain the other one-fourth which he :
ad transferred to Lang upon fraudu-
mt representations as he claims.
While he was here, Mr.. Vaughn put .
p to him the proposition which the =
hicago capitalists had made to fin
nee and construct the whole project,
ut Mr.. Borradaile would have moth II
lg to do with it, and said that he n
ould finance the proposition on bet n
r terms within a month. p
At present the representative of the q
lpitalists is still here and stands U
lady to buy out every claim in the
roject, 1t is said, and proceed with c
le construction of the project, but G