The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1914-01-10

The Day-Bristol Consolidated Min
ing company is II bad way-finan-
cial!y. There has besn kaledio-
scope of events during the past week
and just what the outcome will be
is a matter which can only be con-
I .eItured at this time A week ago it
was believed that the company would
overcome its temporary clnbaFras.
sment and that the operation of the
mines on company account would
be only temporarily interrupted. To-
day the outlook is not SO bright
Mention was made in the Record
last week Of the filing OF an at
tachment suit against the Day9ristol
company by the Amalgamated Phoebe
Mines & Shelters corporation upon
a bill for freight and supplies to the
amount TO $3,760; also, an account
~ The filing OF suit in the Gistrct
court at Salt Lake by the Merchants
bank of that city upon a claim for
S25000 alleged to be due upon
! promissory note and an overdraft at
at the bank amounting to s5,la978,
which,, together with interest and
costs, footed up to $32, los 20 1t will
be remembered that this Salt Lake
suit was Instituted, judgement con-
fessed by the Day Bristol comnany's
management and decree entered,
all in the same day. So rapid did
the mills CT justice grind that it
dawned upon local creditors and
stockholders that unless prompt
action was taken the chances were
good that the Merchants bank would
be the whole thing inside of
twenty days after .he judgement
was filed for record in the office OF
the county recorder.
: Word came from Elko to IDEAL
! parties advising that Judge Taber
Z had certified to the decree rendered
= in the Utah court and that the paper
might be expected here for filing in
any mali. Consequently, there was
some lively hustling done by local
/ creditors and no G attachment suits
I were begun. The Hodges-Cock Mer-
camille company was the plaintiff in
: account and assigned by Culyerwall
! Brothers, between $1,000 and $4,000
The Ainalgamatcd Phoebe also at
) tached 0n claim of approximately
$780, assigned by the Phoebe Pacific
Railroad Co., for freight charges
during the month Of December.
These claims will all take precen-
encc over the one Of the Merchants
bank. Tho Day Bristol company has
has also other local creditors and 1t
Is alleged owes another sum of about
$4,000 for legal services to f. r. Nc
: Nance, the Los Angeles attorney.
Yesterday the men who have not
been paid wages due them I'D to the
y Time CT the date OF the first attach
= ment suit, filed labor liens
Just what has been transairirg in
= the east during the past few days has
not been made kncWn in Phoebe. but
~ in view Of the fact that c9nt-o-
= versy has existed D3ss1. IN Il 81 in
control CT the company and the
8 Consolidated Ne9aaa Ut npany
- watch owns agprcximAsaly Is per
cent Of thhe capital stock, it is
reasonably certain that the latter
go company viii net be content to re
main altogether an Interested specta
tor 60 the disp ay of pyros scchnics.
~ Local people have anticipated ths
@5poilftnent OF a receiver by the
es' federal court.
peculiar incident to the situation
Is found in the Salt Lake nIaeniner,
: Il firm WHICH has the contract TO
~ the constitution cf the aerial tram
. way. So far, the litigation has no
~ caused this firm to withdraw ii
ian men feom the fie d; but tha bui,din
ea' OF thhee tramway is IN full prosres
at this writing. One pleasing feat
= ure is that the leasers will continu
at work and they ae managing t
'se keep tn le Phoebe Pacific railroa
oln busy hauling thsir product to p
ocche for shipment to the Uta
Eeu Gmelters.
q The Day Bristol properties al
'ho valaable-that is recognized fac
70 the casual observer, II appea.
'u1 TO be the determination of these
'ies control to eliminate the Consoiiaa
0se' ed Nevada Utah entirely. Maanwhil
pre- the iisht will be watched with ke
ing i.terest, with the hope that In ii
end the property will be operate
~. a2n the basis which will do Il
th,, ',as district and camp the greatest am5u
~ of good considerable amount
-. ns srissol stock is owned by lccal ID
.,' ~ ties who are at the point Of wcnde
ing where they are at.