The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-11-27
WINS OUT
ON Sailed MINE
WEALTHY PITTSBURGHER AND
MANAGER BRADLEY NEARLY
PLUCKED A LEMON

United States Senator William
Finn, Pittsburgh multi-millionaire
and republican leader, has been CIV
en- a judgment for $4,000 with
costs, amounting to $4,000 against
the Twenty-Five Mining company and
it's stockholders by Superior Judge
Graham of San Francisco as the re-
suit of an effort On the part of the
mining company and it's agents to
sell to the Pittsburgh capitalist a
sailed" mine in the Allegheny min
ing district in Sierra county, Califor-
mia. Senator Finn also is the prin-
cipal owner of the famous Pittsburgh
Silver Peak mine It Blair, Esmeral-
da county.
The action was brought under the
California statute which makes the
individual shareholders of a corpora
ton liable for the acts of the G.
poration and it's agents.
j. w. Hunt is the president of the
company, which is an Arizona corpo-
ration, Lowell the secretary, and
and the evidence showed that Phelps
was the vice president or inside
man." or person in actual charge of
the Sailing"
1t appears that in June, 1913,
Senator Finn secured an option on
the property for $250,000 and on
July IA, 1913, made his first pay
ment of $4,000. The option was
taken as the result of inducements
and representations made by Phelps
and Hunt to w. A. Bradley, superin-
tendent of the Pittsburgh Silver
Peak property at Blair. Bradley was
furnished with an assay plan and
/ milling report, submitted by a duly
Authorized representative of the
company. The assay plan purport-
ed to set forth in detail results of
assays of samples of ores and miner
ais represented to have been taken
from the property under option and
indicated upon it's face values and
relative returns of such amount as
to warrant a physical investigation
and further sampling.
After receiving the assay report
Bradley engaged employees and sam
piers to examine, sample and assay
the property. The work was done
in the presence of Phelps, who min
gled with the men employed by Brad
ley, suggested the manner and meth
cd of taking samples, and where
such samples should be taken. The
result of the examination warranted
the payment of the $4,000, recovery
of which was asked in the suit. Later
Bradley went to the property to ar
! range for the preparatory work look
ing toward the eploitation OF the
mine and the construction OF a To-
ton mill. Phelps was absent during
Bradleys second visit to the property.
Bradley took further samples and
had assays made, all of which 1nd1-
! Gated the property to be worthless,
the returns showing no values what
ever
Immediately on discovering that
the mine had been "salted" Bradley
| informed Hunt. Lowell and Phelps OF
what his examination ha disclosed
and made assays and sampled the
property again. the work verifying
his previous discovery that the mine
was worthless.
! Demand was made on Hunt, Lowell
and Phelps for a recession of the OPP
ton and the return of the $25.OOO
payment, together with interest n
accrued expenses, but they paid no
attention to the demand, resulting In
TIE suit decided by Judge Graham.
The court gave judgment as prayed
for, the total recovery amounting to
approximately $4,000.
On account of t." ~e"N" NJ
the officers, directors and stock
holders the case was very notify con-
tested, the trial occupying three
weeks.-Gazette.