Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1931-08-01

I cess OF the price pdiu
The complaint which covers q
dozen pages. relates that in octo-
her. 1929. MCGEE. FinIen. Norman
lB. Hotter. Charles B. Power. John
lE. Corette and Charles Whiscomt
entered into q joint venture Tor
THE purchase and development Of
the August mining properties in
1.-THE Little Rocky mountains. which
consisted OF the following claims
Many Claims
August, Little Ben. Granger.
Blue Bird. Cumberland. sig Blow
Out, Queen. Little Andy. Martha
w johnson. Bungalow. Rock
Creek, Monarch. Senator. Annex.
Duplex, Dreadnaught. win Out,
Flying Dutchman. sweed Proof
N8tlngaIe No. Z. Morning Glory
No. 2. Governor Hughes. Cecilia.
Night Shade. Park View. Porthos.
Athos. D'Artagnan, Big Marie.
Grandalite, Podunky. Oliver and
Oliver Fraction. August No.
Mil Site. August No. 2. August
No 8 and Troop Estate. In addi-
tion to the mining claims the
property consisted OF one-haif
interest in the power line 10
Landusky. the mill, machinery
and equipment
McGee Trustee
II was understood according to
the complaint. that all except
whpcomb should contrsbute
5000 each for the purchase. de-
velopment and operating Of tAe
property and that the title I
should be in the name Of George !
MCGEE who would hold the same
to the extent Of five-sixth In
terest as trustee for his partners.
About Nov. 9, 1928. the com
plant continues, Finlen paid his
$4,000, and MCGEE in the inter
ests Of the partnership paid for
the mining property and assumed I
Work was started and
BY July, 1880. large body Of
rich ore was exposed. This was
shipped and sold Tor many thous
ands Of dollars Nov. 3. 1880.
McGee came to Finlen and offer Z
ID to buy the lafters interest IN
ne property for $4,000 and did
70 reciting that the same was re- {
;eived FOR one-sixth interest In
he August mining venture, the J
;omlpladnt AYERS. Z
Finlen alleges that prior 20
his offer MCGEE had shipped ore
rom the mines which he had as
aged and knew had a net value
n excess OF $4,000. Nov s. Il
$3.50, he received as proceeds
rom this ore s11,700 and that
n Nov. 8, the plaintiff was in 2
ormeds ore taken from the prop .
rty amounted TO approximately =
0 tons worth $4,000 and ore had p
cen extracted Of a net yalue Of :
1850 The defendant, Il IL al q
,ged had full knowledge Of the O
alue Of this ore and 81 n'
sason Of the exploration and de- N
Shipment By him had proven the e
roperty to be worth many times u'
le purchase price. o.
Money On Deposit. !.
II Is also alleged that on Nov. =
the defendant had on deposit u
the National Bank OF Montana -
Helena which had been contwl
tied pursuant to the argree
emit for the purchase OF the y,
lining property. FinIon states -
at he was not acquainted With =,
y had visited the mine but m
Ok McGee's word and trusted ~
his ability and honesty 10 OBJ Tn
ate and manage the affairs Of Nv
e partnership He was not NJ
millaf with the work that had m
en- done -,
Finlen states THAI the defend pr
Intentionally and fraudulent 81
Withheld and concealed ali In WI
'matlon IS 70 the real value Of -
) property for the purpose Of A
luirine FOR himself the proper
Of the plaintiff for sE.o0o. q {
'ssly inadeqnate consideration.
The pladntikf was informed thst
, defendant akuen #ew THRn.t