8
THE SUYIPTER MINER
Wednesday, December 12, 1900
RECEIVER ASKED
FOR THE BONANZA
Complaint Says President Hays
Conspires to Defraud.
1 m.'iu.iicrd hv C'ipt. Allen Case, of Cor-
iiucnpta, U In have twenty stamps ndJed
In thr present mill, and .1 cvaniJe plant to
treat tailiniis. P. J. Clrile, Mr Scarles'
fpianii.il man, I- now at the property
Mipervisiiit! the transportation and instal
lation of the mammoth electrical plant,
(lr.tjnrd In harness the power of Pine
crrrk and Iransmit power for mining and
millh.K purposes. When completed the
Cornucopia mining plant will be the larg
es and most costly of any similar plant in
the northwest.
WHY MINING IS SAFE.
A hill in eipiity was filed In common
pleas No. 3 yesterday, risking for a re
ceiver for the Consolidated Honnnza Gold
Minim' comnanv. The dlrectorsare l;. P.
Hays, II. I. Rockwell, ). C. Nnhle, T.Modttn Mtthodi Place the Induttry on
II. Karnsdall, William II. lieiieimiii, John j
M. Patterson, N. I:. Clark and I:. II. Jen
nings. The bill was filed by Frank
Moore and is directed against the company
and l-'rederkk P. Hays, as president.
Moore says he holds Kooo shares of the
capital stock of the concern, which, ac
cording ton prospectus, .iciiiiied properly'
in Maker county, Oregon, which was sold '
for 5525.000 cash and the halamenl 250,- j
Business Basis.
Never at any time In the history of
mining in America has there been such
marked activity in that industry as now,
not niilv in America but throughout the
world. Many rich districts have had their
palmy davs, when great exilement has
followed the discovery of rich mines in
new districts.
The history of the pilgrimage to Call-
000 was scuired by mortgage. He says j fmn;l j,, 4i).'5o and succeeding years;
Hays has complete control ol the torpora-1 n)t. MamprJes to Montana; to the Mack
tiou and Its ollicers and thai none of the j ; tll Uadvllle, Crlpp'e Creek and a
money deiived Irinn the sale ol Hie capital j ci,rt. ( es!l nolej mines, s well known
slock, or operations of Hie company, lias i(lU) remembered. I hese were typical
been reielveil hy Jennings as treasurer,
beyond a special deposit ol f.25 made Py
Hays.
Moore, in the bill, states that Hays
"has illegally and Iraudiileully kept to
hlmsell as his own, without further ai
countlng and without any consideration,
all ol the remaining portion ol the sloik,
to-wit: ud.txxj shales," and also that
"lhesaiddeleud.ini, Frederick P. Hays,
has euteied upon a conspiracy to induce
and coerce your orator and oilier stock
holders of the said defendant company to ;,tfrjSi
rushes, hy men of every nation and every
condition of life. Rich and poor, strong
and weak, saint and sinner, all hastened
toward the goal of wealth. The present
conditions of the mining industry Is In
distinct contrast to these features which
characteiled the so-called rustles. Min
ing has ol late years come to be looked
upon as not only legitimate, but a safe
business, and with a possibility of far
greater profits or gains on the capital In
vested than any other legitimate business
consent to a disposition ol llitlr several
holdings of capital stock at grossly In
adequate prices, and that to this end has
fraudulently retarded the production of
the property of said corporation to a limit
much less than the said properties are ca
pable of producing."
Moore says that he expects to be able
to prove that Hays personally interested
a combination ol persons who seek to ac
quire the property below its teal woilh,
nod at a melting of stockholders.'! resolu
tion was piesented and "purported to te
nanimmisly adopted," which put the
propri ty into the bauds of the board of di
rectors. It Is claimed there weie 151,000
shales lepresented at tile meeting, of
whMi Hays held 115,450 shales.
The plaintiff says that upon the same
day the bo.ud of directors gave Hays
power to sell the piopeity in Oregon lor
150,000,0! w hk h f 750,000 was In be in
There must be some good reason for
this, for today some of the most conserv
ativeeasteru financiers freely endorse le
glllmale mining, and not only endorse It
but are large investors in the best class of
milling enterprises.
When the reasons for this change are
sought, it will be noticed that the success
that attends the most prominent mh. lug
enterprises is due largely, if not wholly,
to Intelligent, skilled and trained manage
ment. Individuals or corporations of large
means have learned that anybody cannot
successfully run a mining enterprise, and
as the value of scientifically educated and
trained mining men becomes more fully
realized, the greater becomes the con
fidence reposed in their lodgment and
skill, until today competent mining engin
eers are in demand and among the best
paid men in the world.
With the mining business In the hands
cash and "one-tenth ol the capital sUn.k j 0f Mlc, ,,,, capital no longer hesitates to
of any new company to be formed out of tu:iie ;ll, investment in a legitimate enter
said piopeity, nml enter into a contract to plse( t on tle ot.r wnj s vy r;1Rer
sell the same on behalf of the company." l0 ,;,ie ,, investment, fully realizing
It is asked tli.it the company ami tlmi it is sale and by far more profitable
Hays be restrained from disposing ol any 1 ,,:m .,y nlcr investment to be had, as
stik, that an accounting be made and I stMics will prove. Exchange.
that a leceiver lor the concern
polnltd. Plltsbuig Post.
be up.
Dog io a Vt'tll lor a Wk.
Poi a week lesideuts on the west side
Scenic Line of the World.
For an enjoyable trip east, take the
Denver ' Rio ( irande railroad, Scenic
Line ol the world. Three daily trains be-
ol the liver have been annoyed by the twcPll Denver, Colorado Springs, Pueblo
dlstiessed howling ol a dog. Fvcryone .u all eastern points, and all points on
thought Ilia' some neighbor had the the Pacilic coast. Most magnificent seen
animal tied up and was not giving it fry tills continent. The leading fe.v
proper attention. Sevetal middle of the tllrc- in connection with the trip is that the
road caucuses were held, at which indlg- ( through trains pass through the scenic
nation meetings the matter as discussed, attractions ot the Rocky mountains in
but the culprit could not be located. A Colorado by daylight, thus atfordlng pas
day or two since a man chanced to find , angers a cool, pleasant and enjoyable
the dog in .111 abandoned well, too weak to , rivlc, Iree from dust and the annoyances
make any more noise. He was taken out, experienced via other lines. Superb din
but could scarcely walk; .vas fed and will , iB car service on all through trains.
peihaps recover. He had probably been , Service a la carte, pay for what you order.
in the well a week.
Twenty Mot Stamp For Tb Cornucopia
A special to the Mining and Metallurg
ical Journal, of Los Angeles, states that
the Cornucopia mines, of Oregon, owned
by John E. Searles, of New York, and
Through standard and tourist sleepers.
Stopovers allowed on all classes of tickets
anywhere between Ogden and Denver.
Call on your nearest ticket agent for
tickets, rates and all Information, or ad
dress, C .B .NICHOL,
General Agent, Portland, Ore.
:H0BS0N MERCANTILE COMPANY:
New Departures
In Sumpter Merchandising
REALIZING the need of a better assortment of better
stuff and up-to-the-minute styles, we are as rap
idly as possible adding lines of new things never before
show in these parts. All this new stuff and prices
away on a vacation.
DRESS GOOD:
What do you want in Dress Goods? We may have
just what you have been worrying about. The "weaves
are new and the prices are enough or we wouldn't
mention it.
Mohair Suitings
The New Oxford Grays, Drowns nj
Cns'ors, 6 Incite wide, and the rcgu
lar $1, fa kind
PER YARD $1.00
Scotoh Suitings
Extra Heavy lor Rainy-Day Skirls, 56
Inches wide
PER YARD $2.76
Black Periola
Fortypour Inches wide, extra heavy
weight, assorted designs. Introduc
tory price
PER YARD $1.60
Underskirts
Wool and Silk Alorsen, assorted colors
fluted flounce, silk sewed throughout,
worih one dollar more than the rrlcc
$4.60
Mercerized Sateen
Real heavy, look like satin, extra cord
ed flounce, assorted lengths and colors.
Sale price
$2.25
Ladies' Jackets
An entirely new lot of styles In Jackets
and llox Coats, lll.ick, Alode. Castors
and Light Tans. The maker war will
ing to lose considerable money on a
lot ol these and you get the benefit.
''
THE 10WCST
DECREE
or PRICE
HOBSON
MERCANTILE
COMPANY
''''
THE HIGHEST
DECREE
OF MERIT
THE WONDER
GEO. W. WEIGAND,
PROPRIETOR.
GENERAL MERCHANDISE
A complete stock of Dry Goods, Ladies mid Men's Furnishings, Roots,
Shoes, Hats and Clothing.
THE WONDER, BOURNE, OREGON
THE
Sumpter Forwarding Co.
JF
General Storage, Commission and Forwarding.
Warehouse and office, S. V. Track
SU.WHER, OREGON.
THE GEM SALOON
A. J. STINSON, Prop.
(.Successor to Snyde Stinson)
Only the Best Brands of Liquors Served Over the Bar
SUMPTER,
55
OREGON
Dixon, Borgeson & Co.
Manufacturers of
12?
"" v I V
Every Description of
FRONT ST., COW. WASHINGTON
Show Gases
Jewiiers and Druo
oist Wall Cases ft
Bank Fixtures.
PORTLAND, ORE.