The Washington herald., 1914-06-30
HISTORY BUILDERS.
How Prospeetor Completed Nil
lion-dollar Sale.
fwnttsu erprrsaiy for Ths Hersidl
ny DIR. y. J. EDWARDS.

lion-dollar Sale.
lFnttsn ezpr-saiy for The Heildl
/ ny DIR. Z. J. EDWARDS.
In my somewhat varied and prolonged
experience in the mining sections OF the
Northwest l had good opportunity to
cultivate an extremely interesting asso-
ciation with the late James F. wardner."
said William II. Alexander-who is prom
inently Identified with mining Industries
Of the United states-to me at time
when he was describing some Of the early
experiences OF those who were prospect
ing for mining properties in the North
west James F. wardner should have
been one OF the richest Of all the Amer
leans who gained great fortunes In the
discovery, promotion. or development OF
mining property. He was a true adven-
turer, however, seeking excitement not
so much from the accumulation OF riches
as from success in searching for and pro-
noting mining properties.
'Wardner founded and built up the
town Of Wardner e British Columbia,
and afteTward established a mining town
Yardner took hold of a mining property
which was not thought to be very val
liable. He sold that property for s.. COO 900,
or at least his own interest in II. / sup
pose that II he had waited little while
until the property was fully developed he
could have sold his interest for four or
five times that amOUnt. II became known
as the Bunker Hill and Sullivan mine, and
under scientific development gained a I
No II = Il
producing mine operated anywhere in the .
world
''Wardner was paid s1.OoO.OOO represent /
ed by certified check drawn upon /
bank in Idaho. with which those who /
wanted TO secure this property had made
a deposit Of considerably more than
N.ot0.0oO This check was the first one for
100000 that had ever passed through an
Idaho bank
After this check had been paid over
10 Wardner. the promoters who had made
the purchase Of him became frightened.
They were fearful lest they had paid
many times too much for the property.
So they sought Wardner again on the
evening Of the day in which the transac-
ton was completed They called upon
him shortly before midnight They ac-
tually caused him to be awakened so that
he might come out and meet them.
They said to him that upon second
thought they were disposed to take ad-
vantage Of his proposition that II they
were not satisfied with the purchase the
contract might be cancelled.
All right said Wardner. but il is
too late now TO resume negotiations. Sup
pose You call around to sec me about
or 10 o'clock tomorrow morning. Then
will talk the matter over with YOU
They told Wardner that they would be
AZ his house-whiCh was nothing more
,han a shsck-aboUt 10 o'clock the next
morning. Then they went away
As soon as they were gone. Wardner
'addled his horse and rode as rapidly as
he could into the town where the bank
which had certified the check for
=. .oHoOoO was situated. Shortly after sun
Use. he found there some one with whom
le negotiated the Chez. This man was
IN innocent third party. He took the
heck in good faith. Having accom-
'lished this. Wardner rode back to his
hanty. and there met the men who had
he day before given him the check for
10000. He told them that he feared :
hey were too late. for he had as soon as
possible after he had received the check
urned Il over for valuable Considera-
ion to a third party IN whose possession
h" check then was. unless he had al
eady cashed it at the bank
Ihe mining spectators went away in
much distress Of mind But in a short
ime they We're very glad that they had 3,
ecured Wardner's interest for Sl.0NO0OO. -
or the mine proved on examination to =
b" worth great deal more than they
ad paid for it. The understanding was
hat they or those whom they represent
4 gained = great profit upon this trans
Ction. but Wardner did not care He
ook his money and went away to Brit
N Columbia tr search Of new adven- ..
Irc.
oTgriEht !sIi by pr. J Edward, All rights
EesSryedH
Tomorrow DR.. Edwards will tell Of n
Hearing Lincoln Speak. but Not Seeing a
linn