Lost Grass Valley Gold Rush History of the Wilhelm & Binkleman Pioneer Families by Waldo C.F. Potter (2024) (374 pages)

W. Y. 0. D. GIVES UD EVERY VESTIGE OF ITS PROPERTY Transfers Immense Holdings to Pennsylvania in Liev of Haii Million Cash---Big Damage Svil Will Now Be Withdrawn. VERY piece of mining property, every mineral right and every piece of machinery owned by the W. Y¥. QO. D. company passed into the hands of the Pennsylvania Mining Company yesterday, when the formal transfer took place. most importarmt mining suit ever known in this district. i withdraw its $500,000 damage suit, recently instituted in this county against the stockholders of the W. Y. 0. D. The details of this litigation, which has been in progress for considerably ever two years, have appeared several times m these columns and.are so familiar to the public that they require mo particular mention at this time. In brief, suit was brought by beth . companies, each alleging that the oth‘er was illegally extracting ore from ground not its own. Im addition, the Pennsylvania people sued for half a niillion dollars damages. Judge Morrow’s decision a few months ago was a clean sweep for the Pennsylvania, but withholding opinion on the damage sult. At that time Judge Morrow stated he would appoint a commission to j@ecide the amount of damages. Thereupon the legal representatives of both companies came together and virtually decided upon a settlement, which was to give up the entire holding oft the W. Y. O. D. if the question of damages were dropped. A hitch occurred, however, and it was then that the Pennsylvania company brought suit in this county for ‘the full amount, suing each of the stockholders indi. vidually. As many of them were Grass Valley men, the blow would have been hard had they been calied upon to meet their pro rata of the amount. ] Since then several meetings have beem held, relative to a _ settlement, with the result stated in the opening paragraph of this arti¢le. fine hoisting works, twenty-stamp mill, a Ss This ends the} The Pennsylvania Company will now; With the W. Y. O. D. mine go the. . . . { . concentrators, and every other bit of) machinery which it lately possessed. . This is only a part of the W. Y. 0.) 1 D. people’s holdings, however, includ. ed in the transfer. Among other mines . and claims are the Kate Hayes, the . Nuttall, the Parr claim, the Sims mine, . the Grant, New and mineral rights on the Harry and Oliver places. Other mineral rights are also included. By this transfer the Pennsylvania becomes one of the largest companies in the entire district, and in fact in the county. Valuable as it was in the beginning, it has become immeasurably so Since the compromise was reached. Both mines will now be worked, though several weeks will elapse before the W. Y. O. D. can be pumped out ana made ready for active operations. The shaft has a depth of 1100 feet and has been allowed to fill to the 900 level. As scon as this can be accomplished and enough ore extracted, the mill on ‘the newly acquired property will resume operations. With both mills running, it will require a large force of underground men, and although it is too early to figure on the number, there is very good indications that within a few months eighty or more men will be added. With all this valuable pronerty to work, the future of the Pennsylvania is too great to be measured. As both mines have been rich producers, there is every indication that under one management they will become eventually second to none in the district. The good fortune of the gentlemen behind the Pennsylvania is none too good, for their earnest efforts have entitled them to reap a rich reward. Since reopening, the Pennsylvania has made rapid progress under the efficient superintendency of Bennett Opie, who will continue to manage the company’s affairs in that direction. The able efforts of Attorneys Curtis H. Lindley, Hichoff, and others associated with them during the long, bitter leral battle, entitle them to unpeaceful settlement. Daily Morning Union, October 26, 1902 216 York, Crescent mine, , . . . . . . stinted credit in working towards a .

W. Y. 0. D. GIVES UD EVERY VESTIGE OF ITS PROPERTY Transfers Immense Holdings to Pennsylvania in Liev of Haii Million Cash---Big Damage Svil Will Now Be Withdrawn. VERY piece of mining property, every mineral right and every piece of machinery owned by the W. Y¥. QO. D. company passed into the hands of the Pennsylvania Mining Company yesterday, when the formal transfer took place. most importarmt mining suit ever known in this district. i withdraw its $500,000 damage suit, recently instituted in this county against the stockholders of the W. Y. 0. D. The details of this litigation, which has been in progress for considerably ever two years, have appeared several times m these columns and.are so familiar to the public that they require mo particular mention at this time. In brief, suit was brought by beth . companies, each alleging that the oth‘er was illegally extracting ore from ground not its own. Im addition, the Pennsylvania people sued for half a niillion dollars damages. Judge Morrow’s decision a few months ago was a clean sweep for the Pennsylvania, but withholding opinion on the damage sult. At that time Judge Morrow stated he would appoint a commission to j@ecide the amount of damages. Thereupon the legal representatives of both companies came together and virtually decided upon a settlement, which was to give up the entire holding oft the W. Y. O. D. if the question of damages were dropped. A hitch occurred, however, and it was then that the Pennsylvania company brought suit in this county for ‘the full amount, suing each of the stockholders indi. vidually. As many of them were Grass Valley men, the blow would have been hard had they been calied upon to meet their pro rata of the amount. ] Since then several meetings have beem held, relative to a _ settlement, with the result stated in the opening paragraph of this arti¢le. fine hoisting works, twenty-stamp mill, a Ss This ends the} The Pennsylvania Company will now; With the W. Y. O. D. mine go the. . . . { . concentrators, and every other bit of)

machinery which it lately possessed. . This is only a part of the W. Y. 0.) 1 D. people’s holdings, however, includ. ed in the transfer. Among other mines . and claims are the Kate Hayes, the . Nuttall, the Parr claim, the Sims mine, . the Grant, New and mineral rights on the Harry and Oliver places. Other mineral rights are also included. By this transfer the Pennsylvania becomes one of the largest companies in the entire district, and in fact in the county. Valuable as it was in the beginning, it has become immeasurably so Since the compromise was reached. Both mines will now be worked, though several weeks will elapse before the W. Y. O. D. can be pumped out ana made ready for active operations. The shaft has a depth of 1100 feet and has been allowed to fill to the 900 level. As scon as this can be accomplished and enough ore extracted, the mill on ‘the newly acquired property will resume operations. With both mills running, it will require a large force of underground men, and although it is too early to figure on the number, there is very good indications that within a few months eighty or more men will be added. With all this valuable pronerty to work, the future of the Pennsylvania is too great to be measured. As both mines have been rich producers, there is every indication that under one management they will become eventually second to none in the district. The good fortune of the gentlemen behind the Pennsylvania is none too good, for their earnest efforts have entitled them to reap a rich reward. Since reopening, the Pennsylvania has made rapid progress under the efficient superintendency of Bennett Opie, who will continue to manage the company’s affairs in that direction. The able efforts of Attorneys Curtis H. Lindley, Hichoff, and others associated with them during the long, bitter leral battle, entitle them to unpeaceful settlement. Daily Morning Union, October 26, 1902 216 York, Crescent mine, , . . . . . . stinted credit in working towards a .