davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
JUDGE FR|Ck HAS
LEFT THE YANKEE
Resigns as Director After
Twelve Years of Service
for Company.
LEHMAN'S STATEMENT
Gives His Attitude Regarding
Movement to Remove
Him From Board.

Judge j. f.. Frick, r justice OF the Utah
supreme court at the regular monthly
meeting Monday of the Yankee Con-
soiidatcd directors. resigned as direc-
tor Of the organization relation he has
sustained without compensation for the
past twelve years. 1t is understood that
this action on the part OF Judge Frick
followed the knowledge that Secretary
Garfield had called a special meeting
OF the shareholders for late In the pres
ent month for the express purpose OF
removing B. n. Lehman as director, vice
president and general manager OF the
company.
Mr. Lehman has addressed a COM
munlcaton 70 tho shareholders setting
forth his attitude IN this matter. and
while he makes no request for proxies,
Il IS understood that his friends Will
atrnl ibe meeting with proxies for the
prrp sc OF protesting, even II In vain.
against what they deem unwarranted
aci!on on the part OF the majority share
holder.
MIR. Lehman's statement here follows
You have notice OF a special stock
holders meeting TO be held on the
twentythird day of May for the
purpose Of removing me as director,
vice president and general manager,
10 which position ! vas elected last
January
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
.|BAPAR RANGE IS
TO Be PR0SPECTED
Several Outfits Prepare for
Summer Campaign Near
the Nevada Line.

Several days ago in these columns
was contained an account of the attrac-
tions OF the Ibapah range of mountains
or western Utah. setting forth that there
was no more ideal place on earth for
the prospector, and IT, transpires that at
least two outfits. and perhaps more, Will
spend the summer months in this range
inspired thereto by the description given
in these columns. From Salt Lake the
best route into Ibnpah is BY way OF
the Western Pacific point OF Wendover.
from which town there Is an auto stage.
The Tribune Is informed, to Clifton and
to the Ibapah postoffice-
There are two OF three stores at
lbapah and one doubtless can secure
teams at that point for further progress
into the range, the town being at the
base OF the Ibapah peak. Those who
know the range by personal investga-
tion assert that any energetic prospect
Ing this summer Will be productive of
good returns and that all the district
needs is skilled seekers after mineral
wealth to lay bare the deposits of the
district. There Is no question but with
better railroad facilities, which appear
assured within the near future. there
will be a wide resumption OF mining
on the part of the owners OF patented
properties. chile prospecting will be
given a tremendous Impetus.
walks, and who is tired of meeting with
the hard luck stories on the street cor
ners, the call of the hills is eloquent
these spring days and there should be mn
advantage in getting in before the
crowd
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
FORGED SHARES OF
GOLDFIELD MINE

After an absence OF two years from
the legitimate stock markets, some
fraudulent certificates purporting to be
those OF the Gbldfeld Consolidated Mines
company nave made their appearance.
and at least In one instance II is known
that considerable amount of money has
been lost. These certificates. or some-
thing along the same order, occasloned
considerable loss and trouble two years
or so ago before wide publicity put the
public upon its guard, and It seems to
be time once more to emphasize this
danger that woud-be purchasers may be
on their guard.
1t is said that there is just enough
variance from the genuine certificates In
the fraudulent TO create the impress
sion that the buyer is getting the gen.
ulne shares of the company, yet to all
low the seller decidedly narrow squeeze
In escaping the penitentiary. One cam
not be too careful in the purchase OF
mining shares. or any other for that mat
ter, and a close scrutiny frequently Will
disclose the fraud from the legitimate.
One favorite method employed by the
triokstcrs Is to get up as perfect du-
art will admit of, changing q word such
as Mines 10 Mining. or vice versa. and
the careless purchaser will find himself
helpless as all his correspondence and
dealings contemplated In undeniable
terms the purchase of the fraudulent
shares, where a little care would have
disclosed the discrepancy.
The only wonder Is that there are so
few attempts at forged certificates.
There may be far more perpetratcd, how
ever. than reported.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
RIDGE AND VALLEY
DEAL NOW PENDING

1t Is understood that one of the most
important deals OF recent times In Utah
IS rapidly drawing TO the point where
final determination one way or the other
will be made known, and this is the deal
whereby prominent eastern interests have
the call on controlling interest Of the
Ridge and Valley company of the Tintic
group OF Tintic territory adjoining the
Gemini and Chief Consolidated proper
ties. and II has beer a consId erable pro-
ducer In the past
II 10 not definitely known who the pros
pective purchasers are. but Judging from
reports, they are extremely powerful, and
they are said TO be already extensively
interested In Utah mining territory.
Should the deal be consummated the
Ridge and Valley will be given an ex-
hau9tive development. while from the ores
be at an early date a shipper of consid-
erHbIe Importance. No intimation OF the
consideration for the deal is had
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
ONE WAY TO BRING
A MINING REVIVAL

The Salt Lake interests who appre-
ciate the importance to general pros
perity of n revival of mining interest and
activity in Utah. are given a timely sug-
gestion In the following paragraph IN
the Mining and Engineering World:
There are probably very few min
ing camps In which undeveIoped
properties do not exist, which could,
under proper management and ade-
quate financial support, be made
Into profit yielding mines, whose
operation would benefit all neIghbor-
ing communities. No one knows bet
ter the latent possibilities OF a min
ing section. or has greater faith in
the final outcome, than do the mon
who have lived there and taken an
active interest In the business activt-
ties of the region. They have the
opportunity TO acquire first-hand in
formation of the mining properties
and To acquire information from men
who have learned their knowledge OF
Che geology and ore deposits or the
region from personal experience In
the mines and as proSpectors, and
whose judgment Is often as much TO
be relied upon as is that OF some OF
the self-styled mining engineers sent
out from distant cities. and who
often pass Judgment after most
superficial examination, For their
own welfare these local interests
should take a hand in keeping the
mines in activity by forming pools
for that purpose.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
HOPE MINE LUCKY
FIND FOR UTAHNS
George Weston Believes That
Noted Producer Is Very
Close to Dividends.

George Weston, one OF the hest-known
of Utah and Nevada operators, has re-
turned from Tuolumne county. California,
where in the Hope property number
OF well-known Salt Lake interests have
what he deems the making Of a good
mine and one giving promise OF being an
OF the old producers OF California. its
production record being approximately
100000 to date. mainly from numerous
pockets of very rich gold ore and from
present Indications the owners are close
upon the trail Of another pocket Of the
yellow material.
Mr.. Weston examined the property
thoroughly, and while there acquired ad-
ditional property which Will not only ex-
tend the company's holdings on the vein,
but which will afford q better avenue into
about 800 feet from the apex are sew
eral streaks OF gold ORE three In mum
ber. aggregating two feet the streaks
carrying $l:2o, $l6,So and $500 gold TO
the ton. This Is below the older work.
!ngs. and by extending the tunnel about
800 feet further. about 200 feet of new
stoping ground Will be afforded the man
agement, while ultimately IL Is the plan
by not extensive work to acquire at least
400 feet additional depth. making about
500 feet Of virgin depth on the vein,
ne tha 70 of
grade characteristic OF this mine. and
Mr. Weston believes the chances for this
extremely favorable within the very near
lulufe, "Jlle lneic Is IL CeltelIllS lidt
there will be considerable tonnage of
milling grade rock available as we'll.
Some Very high assays can be secured
throughout the property. one sample go
Ing S22960.
Mr.. Weston states that the Salt Lake
interests who acquired the Hope mine
picked up the one chance In twenty years
for the average man, and he Is convinced
that they were extremely fortunate in
gathering In this proposition. The COM
Dany is in flrst-class shape to proceed
with the Development campaign now well
under way
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
REPORT Of NORTH
STAR IS ISSUED
New Year Started With the
Promise Of Early Dividend
Payments.
LOOKS LIKE BONANZA
Ninth Level Supplies the Miss
ing Link to Heart of
District.
LOOKS LIKE BONANZA

The annual report OF tho North Sta
company has been issued under date o
April 10. and as this proposition has be
come the principal feature on the east
ern and western mining share marke
the stockholders will welcome this Off
cial statement President Hermann
Zadig in part says:
1t affords me much pleasure 10 in
form you that I won out at the last
election Of the North Star and that
] extend my best thanks TO all those
stockholders who gave me their sup
port, and to those who supported the
the opposition i can only say tnat
they Will get the benefit OF my best
efforts, which / Will continue to en-
tend for the good OF all stockhold-
ers.
Providence seems to be with us.
We have made very fine developments
on the 900foot level. which bid fair
TO enable us to make the mine self
sustaining, and. perhaps. pay divi-
dends. This development may prove
two things; First, that we acted
wisely in doing n lot OF development
work in the upper levels; and. second,
that the assessment plan is the only
legitimate way Of running a prop
erty.
7 only hope that we will be able to
pay dividends out OF this find. then
can prove how much better off the
stockholders are In not having their
shares watcred.
The financial statement follows:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
Officials Prominent.

The integrity and efficiency OF the
mine superintendent and of the di-
rectors who understand the mining
problem dare not he challenged. This
directorate includes justice of the
supreme court, resigned since this
action; a prominent attorney and q
prominent banker. all of the state OF
Utah.
The numerous contracts, necessary
TO the operation of the mine and the
sale of It's products entered into by
me with the cooperation OF the
board Of directors. have been with
ALI eye single to. and have Injured to-
the best interests OF the company.
and not one penny, except my SAL
airy. has ever come TO me directly or
Indirectly from these operations.
This statement viii not he chal-
lenged.
have been asked to resign in or
der not 10 be humiliated- / have
thought best TO let these interests,
constituting the holdings OF two
stockholders. come out In the open
and the facts, when known. will not
humlliate me,
| have been asked by the majority
stockholder 10 resign In order not to
be Inundated, and this not with
standing the fact that my business
policy Is In complete accord with
that Of the directors. I have thought
tutjng the holdings Of two stock
holders. come out in the open and
the facts. when known, will not hu-
initiate me
Perhaps you TO whom this is adj
dressed will conclude with me that
l am simply to be sacrificed because
I would not
Bend the pregnant hinges Of the
That thrift may follow ,awning"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
SALE Is ADVISED
AT PRESENT RAJ

James 4. Pollock G. Co h,ss.
brokers, furnish the following Z;
over their private wire yesleSd,s
noon. e'ps}
Paine, Webhcr 6 Co., Boston
factors continue To pile ,Iu h.
new buying and TO bring m,, M.
tered liquidation. Railway samIs
coming poorer each month. ~.
mands increasing. gold IN aim
drawn by Europe and some az ,i.
ton mills in New England are e,e5,
an Indefinite period. Stocks all H.
the list were weak Today and W !,
encouragement In sight. In dsv Z
disorganized conditions industriaar
politically, we advise the sale AZ
even at this level.
Logan G. Bryan, New Yors.-Ts.
Ing OF the Hartman issues Wss
Impressive and regarded as "a
of the difficulties likely 10 alton
dissolution Of Union Pacific and, ~
Pacific. The attorneys Tor the e.
when Ming their brief for an efi,~
of time. directed attention 10 o.
that an extension 10 July I would
prove ample 10 surmount the nm
tricate problems confronting the ys|
companies. which fact apparenIS
made 81 deep impression among
holders, as during the past ,ieu,|
there has been In evidence hea8
dation, though until today the an.
not reflected by acute weakness,
In addition 10 the foregoing, thn,
reported quite freely that q s,11
was being formed to underTr,<
Union Pacific's holdings OF SouIhz1
cinc on IL basis of 800 per sinn
while the same lacked vcriicatIoh
pressure on Southern Pacific am. u
of aggressive support tanded IN
part TO lend color to the reports
Despite the Improvement In n
situation. tbe banking communIH
draws attention TO the unsstri|
condition of money markets from q
ternational viewpoint, and, thertf11
the absence OF an expansion In ~
side Inquiry for standard issue4
encouragement is offered 10 thoH
mitted to the rise, As indicated u
| advlces today. We rather look fof I
what lower range Of prices.
Gallagher Letter. New York-Pf|
phia sold North Star from isc 10 g
showed poor recuperntive p0TsH
! closed at Csc. Reports from ~
continued favorable, and We thlnk|
! purchase on further reaction. Jln.
! Ter still under pressure and sold a
| Merger continues firm around u
dustrials and oil stocks were st0@
Il triae higher, with no PAM
| feature. III
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
Denies ANY Causes.

Ny name is not unknown to YOU,
inasmuch as in recent years IT mas
been signed to many statements In
which ! frankly took all the stock
holders into my confidence as To the
condition OF your property and the
purpose for which your money was
spent. Your response TO this con-
tidencc was so generous that ] may
well beg your Indulgence while l
take YOU into my confidence again.
have an oath registered with the
county clerk that rs q director OF
the Yankee Consolidated Mining
company's corporation OF the state
of Titan. will use my best judg-
nent for the benefit OF the stock
holders. tNote that the word
stockholders is plural)
Your articles of incorporation give
the holders Of g majority Of the
stock the right to remove director
at any special stockholders meet
Ing. properly called for the purpose,
and the articles do not provide that
there must be n cause for the action.
II the words "for cause" were in
Your articles, the above call would
not have been made. This statement
will not be challenged
Nothing has transDired since the
annual meeting to call for this pro-
posed action. This statement will
not be challenged.
AS a director / am responsive to
my Odln Oh ONCE ana 10 all the
stockholders. but. for these reasons,
my judgments and actions must not
be dominated by any Individual
stakeholder, whether ne or she hold
majority Of the stock or not. This
statement Will not be challenged,
AS general manager, / am respon-
slVe 10 the Will Of a majority OF the
directors. and not TO any Individual
director who may represent q large
or small stockholder. This statement
VIII not he challenged
In all the years that | have served
your company as general manager.
| have had the cordial support of
all the directors who understand
mining "a nd this Is a majority and
J have this support today. This
statement will not be challenged.
In all these years ! nave been in
close touch with the operations at
the mine, In which | have been in
perfect agreement with Il conscien-
tious and efficient mine supeTinten-
dent. which fact Is well known and
approved by the directors today.
This statement VII not be chal-
lcnged.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
NEVADA CON. GETS
INTO BETTER TRIM

Conditions at the Nevada Consolidated
are 80 much more favorable than during
the first quarter of this year that it Is
confidently expected the average month
" output during the second quarter will
be nearly G,000. 900 pounds of copper.
During the first quarter the production
measured 1883. sos pounds. and the de-
crease was due to Interruptions IN Janu-
airy on account OF bad weather and fuel
shortage.
The deficit for the first quarter was
s222, III, after writing off the large de-
probation charges
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
ORE RECEIVED Ar
THE MASON PLANT

The following is the total ore receipts
of the Mason Valley smeltery at Thomp-
son for the seven days ending Thursday,
May /, Inclusive:
Tons.
From the Nevada Douglas Copper
company mine at Ludwig ........> 1920
From the Mason Valley Mines COM
pany mine at Mason .............. 2535
From rniscella neous mines. s........ S53
Carloads
Shipments Of copper matte from
Thompson for same period.......- z
Mason News
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
MIDWEST COMPANY
EARNINGS GENEROUS

The Pollock wires on Tuesday brought
the information that the Midwest OH
company. during the quarter ending
nues Of s330,146, while for the month of
March the net profit was sl26,S00. This
indicates that the quarter upon which the
company is operating VIII be productive
OF more favorable results than the first
period of the current year
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
TO KING
WILLIAM BOUNDARY

From Tintic is received the information
that the Centennial Eureka company
holding an option 20 purchase the King
William property. during the month OF
April drove l53 feet towards the King
William on the l200-foot level. and 115
feet on The l60O-foot level. 1t Is stated
also that the face Of the 1900 drift. on
April 80. was 1I5 feet distant from the
King William line, and that the face on
the 1900 was 420 feet distant from the
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
BELMONT MAKES NO
CHANGES in BOARD

At the annual meeting OF the Tono-
pan Belmont company Tuesday in the
east there were no changes In the board
OF directors. the following named being
again selected By shareholders r. c.
Parks. w, NJ Potts M b. Cutter, 8 D.
SinkIer. Clyde 4. Heller: T, w. Synott.
Eugene Howell, C. NJ. Brown and c. b,
TAYLOR. The April earnings of the com
nany are given as exceeding those OF
March by approximately $4,000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
VIRGINIA-LOUISE
SCENE OF STRIKE

From Poche comes the welcome lnfor-
nation that the Virginia Louise COM
pany has encountered good sized body
of manganese ore in the shaft and that
there IS at least ore for thirty feet The
values In lead, gold and silver are prac-
tjcally the same as those Of the Prince,
the extension OF whose resources the
property contains. This is an important
discovery and means as much for Phoebe
rs a camp as for the Virginia Louise
company itself.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07

Foley Kidney Pills repay your
dence in their healing and tu7
qualities. Any kidney or bladdF
ease not beyond the reach Of ue1
will yield to their use. Mrs. ca'
Copeland. Ardeola. Mo- says; ~
kidney and bladder trouble fcr q
year, and 5 bottles of Foley ~
Pills cured me-" It is the saHe
from every one who uses tn@
say, "they cured me-" Sehrans
son, Drugs, "The Never'Subsafp1
Five (5) good stores.
(AdvertisemeDt)
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
Mining Notes

James 4. Pollock Is In the CITY from
his California home
The Giroux company, Is the word
from the east, now is producing the
largest tonnage OF its career. and con-
ditlons are the best that the manage
ment has ever faced
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
NO NEW FEATURE
ON LOCAL EXCHANGE

The local exchange Tuesday was large
ly a drifting affair, with no especial fea-
ture ready and able to jump In and
store n bit OF heart to business, The
market Is in waiting attitude. and bar
gain ranges as usual have no attraction
for the public. Sales yesterday totaled
81. 050 shares of stock the market value
OF which was S3,G42.37.
The following were the closing transac-
tions:
IINI ISTEn STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
Ore and R1lllin11

The ore and bullion report for Tues
day given by Mccormick & Co., was a:
follows: Ore received. s159. 900; bulIior
shipped, S105, 900. total S26i, 600.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
STOCKS, BONDS
GRAINS, PROVlSl0l
COTTON.
James A. Pollock H

BANKERS AND 4hoKt
1863 South Main Street thes
Salt Lake CITY, a.
Direct Private Wires 70 - NJ
rn,pIeI system-Ons Relay 70 ~
end Boston. N rrs11|
Correspondents Members tSs e. ,1inf "a
eialists in Mountain States a~'
Telegraph.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
Boston Mining Stocks.

James A. Pollock & Co. bankers and
brokers. furnish the following. received
over their private wire yesterday after
noon:
BOSTON COPPER RANCE.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
Metal Market

The metal quotations for Tuesday,
posted by Mccormick & Co., were as
follows: Silver, 60c; lead, $3.50; copper.
S1517A.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07
Ore Shipments.

The Utah Ore Sampling company on
Tuesday released three cars OF ore from
Utah, three from Colorado and one from
California camps-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07

ACCEPT NO SUBSTITUTE
For Century printing. You can get the
genuine article at 55-57 Postoffice place.
(Advortiuomont)
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07

Nevadas in San Francisco.
James A Pollock & Co, bankers and
brokers. furnish the following, received
over their private wire yesterday after
noon;
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-07

FORENOON SALES
Crown Point 200 at SIC,
Iron Blossom 100 at $40
Pioche Demjiohn. 1000 at i3c.
Prince Consolidated. 1000 at 46c: zoo
at 47c
Shares sold $500.
Selling value. sIl3,
OPEN BOARD.
Colorado. 500 at l4Ic.
King William. 5000 at &c.
Shares sold. $500.
Selling value. sSi2.75
AFTEROON SALES
Cedar Talisman. 1000 at &c. 1000 at SIC
Crown Point. 1000 at &c.
General Thomas. 5000 at 7Ic
Silver King Coalition. 200 at S3.75.
Tintic Central, 1000 at &c.
United Tintic. 1850 at 33c.
Shares sold 1880
Selling value, Sl45S.l2,
OPEN BOARD.
Colorado. 1900 at 14ic,
General Thomas. 1000 at 1sc.
Sioux Con, 200 at &c.
Silver King Con. 100 at S1.05.
Seven Troughs. 1000 at &c.
Shares sold. GOO.
Selling value. S65s50.
The Wants play a most important
part in the business world.