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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (Jan. 25, 1905)
6 THE SUMPTER MINER Wednesday, January 2, 190,? IMPERIAL A PIPPIN AlexHtidnr llHtnlltou Sibley, proa Idotit of trio imperial MIuoh com PHtjy, lltnltiu, it cIohh corporation of Detroit, Hrrived in S'impter thla mornliiK on n vIhII tn the rich lm portal mine in the Cable Gove camp, it whh larKuly through tho inatru meutality of Mr. Slbloy that the Detroit aynriioHtu Hcqnirod the Im perial, nnil his viait to the property at this time ia targety for the purpoae of Mffordiug blmaulf an opportunity to indulge that moat natural humau temptation, to any, "I told you ho. " Since the acquirement of the lm perlal by the Detroitera, (General ManKr A. L. McEwen haa boon tnioh h ateitdy ahippnr of oro and cnn contrnteH of inch generally high grade, that the Imperial now ranka near the top of Oregon bonanza 'a. An Imperial minor name down to S.impter the other day to celebrate H011111 aort of an until voraary. While in a talkative mood, he waa overheard to announce to the world in general that he had mined in Colorado, Mon tana, Utah, Nevada and California; that he had aeon .acorea of big miuea. "Hut I want to toll you," aaid he, "that the Imperial ia a MlNUt" and he proiiuounccd Urn word aa though it. waHapollcd with IK-poiut blackface llothio cupitalH. Mr. Sibley will viuit the property tomorrow. The Gureneey law oomepls the maintenance of a public offlco, and it 1b stated that atatiatlca which occasionally tell flba indicate that the town of St. Peter Port Ib aa cougeated m Jersey City would be if thinga were rally as they aeom. Engineering and Mining Journal. RIGHTS OP MINING MEN 10 THE USE OF TIMBER HOW THE "COMPANIES ACT" IS EVADEO IN ENGLAND The oumpanicH act, which came In to force in England foui yeara ago, waa properly intended to aafeguard the public which Inveata in corporate enterprlaea. Two unexpected renulta have follewed: In order to avoid the proviaioua of miction (I of the la.v referred to, compelling the dla closure of auch material facta as the legislature had deemed necessary, it la now the fashion to Issue com panies without a prospectus. The proportion no Issued haa grown from 111 percent during the Isat half of 11100 to OH per cent during the ilrat half of the current year. The commltte of the Loudon stock exchange has brought thla matter before the board of trade, and a bill has been drafted dealing with theaubject, the Introduction of which ia anticipated in the next session of Parliament. While many respect able companies are brought out with out a pnHpeotuH, because the capital lit all privately suhecrihed, nevorthe less, the majority of these unpros P'.tc tuned issues are of the iiuestlou Mblu kind. The other curious fact, to which attention la diawu, ia the iucerase of companies registered in (Juernsey, ou of the Chanel islands. From live companies, with a registered capital of 12:1,000. in 11)01, the number haa grown to 75 companies with a total capttfl of 18,800,001), lu UMKI, Cueruaey plays the part of our Jersey; it penults the promoter to avoid the Itgal euaottueut, which prove irkaome elsewhere; in Cueru- aey the Loudon promoter escapes not only the severities of the companies act of 1000, but also au ad valorem charge for registration, amounting to tivii uhllliuga par oeut. There haa been much discussion and some litigation over the rights of mining men to use timber in their operations. It In no uncommon thing for the operator to acquire large areai of ground under the placer Jaw and uae the timber growing upon it. Since there is prospect of more of the mineral areas of thla state being Included iu forest reserves, the question of what regulations are to be observed by the interior department has become one of great interest. A receut inquiry addressed to W. A. Itlchards, commissioner of the general laud olllco, brought the following reply: "Persons or associations holding, dovelopiug or opening iu good faith a claim or group ot claims, located at or about the mine time under tho mineral lawa of the United StatcB, may out and uae the timber on aaid claim or any claim of the group lor the operation and development of tho said claim or group of olaima. That la to Hay. the timber on any claim Included in the group may be cut and used iu the operation and devel opment of the group, even though the buildinga ami erections ueseasary for tho operation of the group aro located on another claim of aaid group. In other words, all the worka necessary to the operation or a group of olaiuiB may be erected on one of the claims, and the timber out from any other or all of the claims In the group, but extensions of tho group of clalma made at a lator date are not Included iu this arrangement, but must be proceeded for separately, and if ad ditional supplies of timbor are re quired, they must be aecurod through purchase, except in cases of individ ual proprletora of small holdiugs, who may secure limited supplies through tho free use provision of the law. "The experlouco of thla ollloe ia that lu many localities the supply of timber provided for by the above rule la ample, while in others it ia Insulllolent, and special cases have occurred where the benetlta of the free uae provision have been extendod to mining companies on thoir applica tion therefor; but the general rule is that enterprises, whether mining or of any other character, carried on by companies or aBscclatloiiH for pecuni ary protlt shall be required to pur chase the timber they use iu such work." Denver and Rio Grande Railway Reardon Goes to California. Phil lieardon, formerly superin tendent of the Alpine mine, during the life of the late Colonel Jobu Temple Craysuu. atid who shortly be fore the death of the latter resigned and went to Maker City, has goue to Sonera, California, to accept the management of a big mlnlug prup erty in that region, accord lug to au Item iu the Engineering aud Mining Journal, of New York. 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