Elko independent. [volume] (Elko, Nev.) 1915-current, 1916-08-03
ORDER DIssolvING CORPORA
TON AND APPOINTING
RECEIVER.
In the District Court OF the Fourth Ju.
dieiai District Of the State Of Nevada,
In and for the County Of Elko.

In the matter of the application of
p. a. NELSON. for the appointment Of
a receiver for NELSON MINING COM.
PANH, a corporation
The verified petition OF P. A. Nelson,
for an order dissolving Nelson Mining
ing receiver to wind up its affairs,
coming on regularly to be heard, in
open court this IL tn day OF July, A.
D., 1916, and II appearing TO the court
that seyenty-five per cent or the CAPT.
tai stock of said corporation issued
and outstanding was represented at
said hearing, that all creditors of said
corporation were represented at said
hearing, and Joined In the petition for
the dissolution OF said corporation and
the appointment OF a receiver there
OF: and IL appearing to the satisfaction
OF the court from an examination OF
said verified petition and from oral
testimony and documentary proof sub,
mitted at said nearing; that said cor.
poration has failed 20 pay any divi.
dends for more than ten successive
years last past; that said corporation
is insolyent; that the assets OF said
corporation are in danger OF waste;
that said corporation has abandoned
its business and has not proceeded
affairs; or TO distribute its assets
within a reasonable time: and that
said corporation is not able to resume
TO be approved by this court; and
its business with safety to the public
II Is hereby ordered, adjudged ano
decreed:
l. That said Nelson Mining Com.
pany, corporation. be, and the same
is hereby dissolved;
2. James Dysart OF Elko. Nevada
attorney at law, be and he is hereby
appointed receiver OF all the mining
claims, mill, and other property, IL
any, of said corporation. upon the said
receiver executing and filing with the
Clerk of this court, bond in the usual
form to the State of Nevada, in the
penal sum of One Thousand Dollars
Sl,000.00) with two sufficient sureties
upon due qualification OF said receiver
II Is further ordered. that said James
Dysart be vested with all the usual
powers ana rights OF a receiver ap.
pointed by this court, and with special
power to wind up the affairs of said
corporation; to cause this decree to be
published at least once n week for four
weeks in the Independent, a newspa.
per printed and published at the Town
.
and that all claims against such cor.
poration shall be presented TO the re-
ceiver within four months from the
date Of the first publication OF said
decree and all claims not so presented
shall not share in the assets, but be
barred therefrom; that the receiver
be. and he is hereby authorized and
directed to sell and dispose of the as.
sets of said corporation. and that upon
the expiration of the time allowed for
creditors TO file their claims to apply
the proceeds derived from such sale in
payment and satisfaction Of all duly al
lowed claims against said corporation;
and the surplus, II any, be pro.rated
among the stockholders OF said cor.
poration. Let due return thereof be
made to this Court.
Done in open court this 18th day OF
July, A. D., 1916.
E. ]. l.. TABER, District Judge.
J-i4-A.5.