THE SUMPTER MINER Wednesday. February i ?, 190' OFFICERS JOHN J. Pl-NHAI.Ii, President (tien. Mgr. IHrnV.r Mill C.nlJ Mne (..) NUWI'IIW, Ukl litl Ar.HI:UT GUSIil, Vice-President (I'rrslJ.-rl Itlt ns IIjdU) IIamuUIY l:UOI:Nli Sl'hHHY, K. C. I'INri.ANI), 'I rrasurer Secretary Grizzly Gold Mining Company Capital $500,000 In 1,000,000 sharesofthe par value of Fifty Cents Each. Treasury Stock 400,000 shares. FULL PAID AND NON-ASSESSABLE OPPORTUNITY Tr y Stock at TEN CENTS Per Srnrn CASH BASIS All Cash Purchasers Receive a Discount of Five Per Cent on the Ii. vestment. INSTALLMENT BASIS Purchasers May Secure Stock in Blooks of 1000 Shares and Upwards, Payable 10 Per Cent Down and 10 Per Cant Eioh Month Until Paid. GRIZZLY STOCK Affords an opportunity for profitable investment that cannot be equaled in the Sumpter District. The mine is now being actively operated and has reached a degree of development practically assuring the stability of the mine. The ledge, carrying high values in gold, copper and silver, is over 40 feet in width. Work is being rapidly pushed, tunneillng and sinking on the ledge, blocking out ore and adding to the pay dumps, and it may be expected that the mine will be a producer and the company a dividend payer at an early date. Every dollar realized by the company from the sale of treasury stock is being used for improving the property. The sale of stock will be con tinued until the mine is a producer,. As development progresses the price of stock will be advanced. Secure this stock now at 10 cents. That it will be worth its par value within 12 months is a conservate es timate. Subscriptions lor stock may be sent to the company direct, or to the First Bankcf Sumpter, Sumpter, Ore. For Prospectus and Further Information, address, Grizzly Gold Mining Co., Sumpter, Ore. hcfcrcnccb: FtniT Bank or Bumpiim Sumiin, Oni Cmftxa Bamm Banff Citv On in on VHRDICT IN LI! KOI CASE. Nearly $6)0,000 Involved, in Favor of U. A. C, Defendant. I he case, involving nc.irly sl hund'ed thousand dollars, ofer III prL'e of l.e Kni stuck, In w hUh .1. I. .iiul J. (1. l-.ng-llh, of the (inlcnndi, were aiming the plaintiffs, ami ( inverimr Mackintosh was fie piomoier of the sale, was tried at Vic torl.i, llrltish Columbia, last week and a verdit I rendered tor the defendant. He gardiug the case and trial, the Spokes nun Heview sivs: I he Itiitisli America corporation won in the suit tumu'hl against it hy I.. F. Will lams and others for the pa nieiil ol 5s()7, 714 S7 alleged to he due tuem on the sale ol the l.e Kui mine. A verdkt for the defend nit ohiip my was Nought In hy Hie jury at Vktmla, British Coliiiutiia, at 11 o'clock yestcrdav morn ing, alter many houts ol delihera ion. 'I he ileJslou means that the majority holders in the l.e Itnl, who received only 6 per shite lor their stock, are not en tilled to the I is additional, at which the mlnoiity holdris weie tuutlit out. I'he stoty of the dilliculty is a lone and complicated one, and the suit his been lurd fought, a piomineut array of legil ability being employed on tnrli slJes. Summailed the case is as follows; The inajoil-y Interest in the l.e Uol was helJhy I.. F Williams, Colonel I. N. PeWtui, V ilentiue Pevton, D. W. Hen ley and M ijnr I. M. Armstrong, ot Spo K.iur; the lingllslis, of Diutille, Illinois, and others. These majority holders wished to sell the mine on a tuis of 6 per share or 000,000 for the mine. I he minoiiiy ( Minn, headed hv Senator George Turner and others, would not as sent to the deal on this basis. The ma jority interest was bought for K per shire and, af'er long neuntlitions, the minority holders were finally bought out for $7.25 per share. I I he representative of the B. A. C. was ex-liovernor Charles H. Mackintosh, and t ie suit rested on an aliened verbal agree ment with hhn. It was claimed by plain tilfs thai .Mackintosh had promised that the majuiil holder-, should net the same' , amount as might have to be paid to the t miuoiitv Imljers lor llieir Interest. It is admitted, ho.c ever, that he was released (torn this agreement, but they claim that , .Mackintosh did not tullill all the con-' dilions of Hie agreement and that they I I weie therefoie justilied in keeping him to J I his former promise to pay them the dlf 1 ference between the tco prices. , I he defendant denied that Mackintosh had in ide any such agreement or that he had authority to do so. I hey held that he agreed not to buy out the Turners at a higher figure than was paid the I'ey tons without appraMng the latter and oh tali lug lliri- consent. I hey further held that the release he afterwards asked tor wiien.i purchase had been partially ar ringed with the Turners was merelv in regaid to this permission; that the letter written by Colonel I'eytou and read to iMicUiutosh only agieed to this, and that tile subsequent poilion of it dealing with Ihe bonus proposil was added afterward VIRTUE DISTRICT WAKING UP. Mine of Tlul Name Will Rtsume Activ ity in Other Mines. The long period of depression that has exited in the old Virtue district, a few miles east of Baker City, seems likely to be broken w ilh the adveiu ot spring, judg ing from the activity that is now manifest there, and many new and promising pros pects that are undergoing energetic de velopment. Continued good reports come in from the Mammoth mine in the Virtue district, a new location about one and one-half miles trom the old Virtue mine. Ihe location was made last fall. It was a "blind" lead and its existence was never suspected In all the twenty years or mote tint prospecting has been going on in the vicinity, and it was only found by the panning process. After the surface ground was stripped the ledge was laid 1 bare in places and for a distance of 200 1 feet the ledge was sampled and returns of $100 per ton were the result. ' Since its discovery and change of own ership from the original locator, a shaft I has been sunk 80 feet and from the bot tom ot the shalt drifting is now going on ! property of the Virtue, but under separate I ownership, will start up also, and worked, perhaps, by the Virtue company through its underground workings, the south drift of the Virtue touching the north end Hue of the Virginia. With the Virtue and Virginia Consolidate, a great producing property would certainly result. Across the hills to the southeast, a dis tance ol live or six miles from the Virtue, are the well known Carrol B, Brazos and Mable mines and innumerable prospects. Here promises to be one of the greatest producing sections in the eastern Oregon gold fields. The Carroll B Is already a wonder in the richness and ext.nt of Its ore production, but as yet lacks mill equip ment. The Brazos is well developed and shows great ore bodies. This property h is a sale pending for a large considera tion. The Mable is being extensively de veloped and is making a most favorable showing. Scores of locations in this vicinity are being opened up and there Is every prob ability that here will be the scene of un usual mining excitement the coming spring and summer. Democrat. 1 nr t.isr n.is pern I'cimiiiK un uvci . . . . . . , . , . J.. .11. tfi.. .! I... 1 I U KUKr II IIU IIUIII 3I. IU Clbllll ICTCI It was on ttial at Victoria lor ten ... , . ... . wmiu auu 01 very uigii gr.iue. year d i s. Among the I tw vers present during ihe trial were T. Mayue Daly, K. P. D ivK K. C, H V. Bodwell, K. C, and I.. P. Di.rf, all ol Bntlsh Columbia; How ard Spenselev, London, Uugiaiid, attor nrv, and Judge Kellam, W. H. Heyburn, Charles S. Voorhrrs and others of Spo k iii. It Is not considered probable that an ap peal will be made. At the Club saloon, Dunphv & Gert ridge serve a line of goods equal to any that money will buv. The best Is always cheapest buy Giant powder. The Mammoth is owned by J. H. Par ker Naac Baer, Louis Summer and John Wilson of this city. A short time ago the new manager of the Virtue Consolidated Mines company paid a visit to the Virtue mine and made an examination of the property with the result that he expressed a likelihood of the old property being again woiked and a resumption occunlng in the near future. He is expected here again shortly, at which time something definite will be known. In the event of a resumption of opera, tlnns at the virtue it Is very probable the Virginia Consolidated mine, a companion Removed. F C. Brodle, watchmaker and jeweler, has moved to the store formecly occupied by Beardsley and Cushmin, the barbers, opposite the Columbia market. Music Lessons. Wanted, music pupils, violin and piano. Address, Charles O. Morrell, corner Cen er and North streets, city. The Capital hotel, under the manage ment of Mrs. Tedrowe, serves special Sunday dinners. Families should take advantage of this. Best table board in town. Try it. T. G. Harrison, agent for Giant Pow der company.