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Collection: Newspapers > Nevada City Nugget

November 11, 1929 (6 pages)

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The Nugget is California’s Leading Mining Weekly Nevada City ugget ia VOLUME III, NUMBER 52 THE GOLD CENTER _ NEVADA CITY, NEVADA COUNTY, CALIFORN IA, THE COUNTY SEAT PAPER NOVEMBER 11, 1929 LOT LLOYD ROOT HAS BEEN NAMED IN TWO MINE SUITS Loyd 1. Root, former state mineralogist and well known in this section is nemed in, two mining suits now pending in Nevada and Siskiyou counties. In the suit filed by the Alcalde company in the local court the past week he is charged with holding stocy in his possession in the New Monte Christo Mining Company, intended to be placed in eserow along with a deed executed by the Alcalde company of certain properties in the Dead Man Flat cection. [t is chargel that instead of beisg placed in escrow the deed was turned over to the Monte Christo interests by the late George W. Roct. In the Siskiyou county case, Root is said to have been named as roceiver of the Buzzard Hill and Independence mines by federal court some time since and suit has’ been brought by Joseph E. Merriam of Mt. Kisko, New York, to close the receivership and secure possession of the property again. Merriam has been a Irrge investor in Callfiernia wing properties including the Grizzly To tge mine at Columbia Hill, but the litigation over the Siskiyou county properties has greaty hampered his operations in both counties. It is to be hoped that he ean bring the litigation t> a successful conelusion in the near future as it will mean large operations in both counties. Another chapter promises to be written in Nevada county mining litigation with the filing of a suit by the Alealde Gold Mining Company to recover “possession of its extensive properties in the Dead Mans Flat section .from the New Monte Christo Mining Company and a trust company. The court has been asked to restrain the sale of stock, to compel the reconveyance of the property and to quiet title thereto. The papers filed with Clerk Coughlan recite that on May 81st, 1927, the plaintiff company was induced to enter into negotiations with the defendant company through its agent, C. C. Julian, of Southern California oil agreed to deed County fame, and its property to the New Monte Christo ' company placing such deel in escrow. The defendant company was to issue stock, it i alleged, to stockholders of the Alcale company in amounts equal to their Alealde holdings and to assume some $30,000 of indebtedness. The complaint alleges that the defendant company issued the stock and turned to Lloyd L. Root who also held the deed from the Alealle company, but that he still holds the stock and had not deposit-it over ‘the movement AIRPORT COMMITTEE TO REPORT TOMORROW NIGHT Th principal item of business on the calendar for the monthly meeting of the Nevada City Chamber of LCommerce tomorrow night will be the consideration of the report from the special airport committee consisting of Fred F. Cassidy, G. J. Rector, and George H. Calanan. It i expected that a report from Inspectar Wait of the government survey will be available at that! time. The matter of the establishment of a suitable airport which will meet every requirement of the government for a Class A institution ls one of the biggest things for Neva da City tackled by the Chamber and every citizen shoull make it a point to keep potsed on the progress of and make it a real community affair. The fact that Nevada City possesses a suitable site for a Class A port is Mmtensely interesting. BASKETBALL SCHEDULE HAS BEEN ANNOUNCED ed it as per agreement. The complaint charges that George W. Root . Community Basketball I.eague, hag wrongfully the property same on record. said to be represented that the stock of the New Monte’ Christo company was to.become non-assessable, yet an assessment delivered the deed to Although it was levied against quent on the Root. ee SIERRA COUNTY CALLS MEETING FOR MINING Accorling to published announcement in Downieville,.a meeting has been called for 2 o’clock tomorrow Tuesday afternoon in county surveyor Taylor's office to form a Sierra county chapter of the state minasseciation. The state officers have been planning a large meeting for arcund November 23d at Dow nieville to organize the state moveIf Sierra county ean. develop sufficiently large membership and enthusiastie officers to put over a strong link in the state system, her cooperation will be much welcomed. ing Mr.-and Mrs. M. B. Churen of Lime Kiln passed thru’ town during the week enroute home from a trip to the mountains. Walter Hegarty is making rapid recovery from a recent serious operation in the Nevada City Sanitarium Pa to Julian who placed, team league as follows for the balFisher Electric 6:30 p. m., Gras: Valley High vs. Nevada City High has beeni 7:15 p. m., Baseball Club vs. Di it and is now delin-' Molay 8:00 p. m., Colts vs. Gold stock reputed held by. Moay 8:00 p. m., Colts J. BE. Gooding, chairman of the announced the schedule of the nine ance of the season: : Tuesday, Nov. 12—-Soccer Club vs. vs. Gold 8:45 p. m., Football Club bye. Thursday, Nov. 14 — Baseball! Club vs. Nevada City High 6:30 pb m., Football Club vs. Soccer Cub 7:15 p. m., Grass Valley High vs. Golds 8:00 p. m., Colts vs. Fisher Electric 8:45 p. m., De Molays bye. Tuesday, Nov. 19—Golds vs. Ds Molay 6:30 p.m., Grass Valley Higi vs. Fisher Electric 7:15 p. m., Neve da City High vs. Football Club 8:0 p. m., Baseball Club bye. Thursday, Nov. 21—-Football Clu! vs. Grass Valley High 6:30 p. m. Baseball Cub vs. Fisher Electric 7:16 p. m., De Molay vs. Nevada City High 8:00 p. m., Golds vs. Soccer Club 8:45 p. m., Colts bye. Tuesday, Nov. 26—-Soccer Club vs. De Molay 6:30 p. ‘m., Colts vs. Baseball Club 7:15 p. m., Fishe: Electric vs. Football Club 8:00 p m., Nevada City High vs. Golds 8:4! ‘p. m., Grass Valley High bye. Thursday, Dee. 3—Grass Vailey . High vs. Baseball Club 6:30 p. m. !goecer Club vs. Nevada City High 7:15 p. m., De Molay va. Colts 8:00 p. m., Football Club vs, Golds 8:45 p. m., Fisher Electric bye. NUMITOR PROPERTY IS TAKEN OVER POWER SITE The property of the Numitor Gold Mining Company lying just east of the confluence of Greenhorn creek and the Bear river, has been taken over by the Pacific Gas & Electric Company as a power site under, condemnation proceedings) and a Placer county jury set $6500 as the proper value to be paid the company stockholders. Last year the property was taken over under bond by C. D. Lucas of Seaffe who spent several thousand doliars in sampling the property and opening up ome of the old workings. WARREN DICK SELECTED AS CHAMBER SECRETARY Warren E. Dick ground of large proniotional work hss been selected as secretary of the Grass Valley Chamber of Comwith a backmerece and has entered upon his duties in that capacity the past week. There seems. to be a great deal of enthusiasm over his advent into the civic Hfe of Grass Valley and the organization to which he will give his full time looks to be taking on g new iease of active participation in the affairs of Grass Valley and the county. Mr. Dick is bringing his family to the cominunity at once to reside. CLASS OF A RINE ’89 GETS REUNION The class of 1889 of the Grass Valley high school e.ujoyed a very happy reunion at the Hotel Claremont in Berkeley Saturday night. Attending from this sectoin were Judge and Mrs. George L. Jones. Mr. and Mrs. Fred F. Cassidy, Mr. and Mrs. Frank Steel, Mr. and Mrs. Fred M. Miller, Mr. and. Mrs. Will Williams and M. J. Brock. A. RR. KNEEBONE GIVEN HAPPY AS RR dent. of Is BIRTHDAY Kneebone, time section, long Spenceville resithe celebrated his 69th birthday in prop-. for fast play the year around. er fashion at the family home Thurs day night. His four sons and fami. Lincoln last spring when the greens e cy lies were all present for the happy oceanion. LEWIS ON VACATION The miling face of BE. M. Lewis former manager the Western Union here, was seen last weel again while he is spending a twe weel’s vacation from active dutie at the Reno office where he is o1 the traffic wire. Lewis is vacation ing at his country home south of town, for
‘ed on his were covered with water. is not pleasant. It is to be hoped that one or AMBROSE MADDEN HAS INCORPORATED MINES (pee Ambrose Madden, owner of extensive mining properties in the Kana-) been ka creek section) jhas ingorporated Boundary mine of; timber the shaft Company to . at the a company under the Madden Gold Mining name BOUNDARY MINE SHAFT NOW BEING REPAIRED Owing to the dry weather it haz thought advisable by the management to rein needed places present time and undertake over and operate the holdings. . ground .operations will. continue inMadden appears as president, H. J.; termittently until such time as the Ellen as secretary and H.I. Keeney repairs are completed. as director. The company is capitalized for $300,000 and -has' been granted a permit to issue stock. emacs MINING LOCATIONS ARE PLACED COUNTY RECORD, i . \ ‘i \ COURT HOUSE RECORDS Notice Pending Action Alealde Gold Mines Co. vs New Monte Christo Mining Co. et al. Sntry of Judgment ‘ D. Robinson -vs,-J. A. K. and The following are the mining loElsie O. Robles. cations filed for record: . Traveler No. 3 by W. E. Thomas . in Eureka Mining District in Sec. 32 T18N R1I1E. . Mystery No. 2 lode quartz by . Cooley Butler in Sec. 18 T1..N R, 8E., Grass Valley Mining District. East Enterprise quartz by Charles A. Hegarty in Snow Point Mining Ditrict in NE% Sec. 13 T18N R10E. Gore Location quartz by Rose Hegarty in Snow Point Mining District, in E44 Sec. 13 T18N R10E. GRASS GREENS AT THE ~ GOLF COURSE PROMISE There is a prospect that the directors of the golf club are going to ge tbusy on some grass greens for the course after much argument pro and con by the players. Grass greens on the local course would put it far ahead of any nearby clubs and with the plentiful supply of water there would not be much difficulty in keeping them up. Chairman Arthur B. Foote of the; greens committee is to be commendbringing the discussion at the i for meeting of . . . Corporation t . North Homesiend Declaration J. . Kramer on lot in Washington. Release of Attachment N. I. D. vs. J. A. Robles et: ux. Deeds of America. to William F. Boundy—reconveyance' of deed of trust. E. F. Taylor to Charles H. Taylor—-Lot 2 NW\% Lot 3 SW4% NE Y%SW% SEYZNWY% NEY See. 18 “TI6N ROE. Don J. Robinson et ux to Harriet J. Robinson—Lot 7 Block 42 Grass Valley. Richard Henry ‘Dale et ux to Martin Wasley et ux—por. Lot 17, Block 22, Grass Valley. Emory J. Fraser to Donner Lak: Company—Lots 1 2 Block 11 Lake view Sub. Lucy Hammersmith to Marion E£. Hammersmith et al—Lots 22A 22B Sec. 2 T15N R8E. ex. 10 acres. Samuel McCullough et ux to Jean McCullough et al-——-Lots 2 4 Block 22, Lota 7 8.8 10°12 Block 12 San Juan. Register of Actions 5783—Alcalle Gold Mines Ine. vs. matter up; New Monte Christo Mining Co. et al. the club directors last eek d are a constant expense during the winter season and discourage play ; while grass greens are permanent Remembranee of the toursament with two of the greens’ will be planted io grass so that the players may be able to compare them with the present ones, ce ee Mr. and Mrs. Carl Ivey of Chicc . -pent a few lays as the” guests of uer mother, Mra. Nellie Veale. Ignition Paris and Accescrles ai COYOTES LAST WEEK Francis Hogan. local merchant, last week demonstrated that he is considerable of a trapped as well as an expert fitter of the foot, when he in company with Lee Mason trapped a large bear in the vicinity of the Junction House. Two coyotes also fell prey to Hogan’s ability. The skins were on display at th: Hogan store and created a great deal of interest, Miss Alice Brown, who has heen engaged in nursuing in Nevada City for a number of months, has return Tiner’s Foundry. 24ef ed to her home in San Francisco. -!raon Netals Division of the Bureau. ~; tary uses. . Yhe carcity of gold may be illusHISTORY OF GOLD MINING RELATED ~ SCOTT TURNER . Since the discovery of America, world production of gold has only . slightly exceeded a billion ounces, approximately 1,003,500,000 ounces being inlicatel by study of available { records, says Scott Turner, Directo, , United States Bureau of Mines, De{partment of Commerce, in conmentling on an economic review of gold . production in the period 1493-1927, Trecently concluded by Robert A. , /Ridgway and the staff of the Com* Seattered "proluction of which there is ne reeord would probably add no { more than i per cent to this ‘esti. ated total, More than half of the grand total _ of gold production for the past 435 years, or 516,273,006 ounces, was produced 27 years of the Of the production ot 467,000,000 cunces to e€2ist.is the —form in the first present century. lative world since -492, cumtgold of micnetary stocks, while 546,563,329 Vouniuteu ounces represent the balance of god iost or absorved in other than imcnetrated by the fact that ir the entire werid production since the.discovery of America were cast int a cube its edges would measure o1uly 38.5 feet. jit might well be questioned wheth(er this gold, considered merely as a metal characterized by certain properties, could be worth the teil and sacrifice required for its production; but as a basis. of exchange greatly facilitating the development of commerce among the peoples of the tarth, its value to civilization exceeds all reckoning, Mr. Turner points out. In spite of a superficial claim often made that gold does not pay ‘its cost of production, it can hardly be doubted that United States gold preduction, amounting to more than $4,5060,000,000 when reckoned roughly at $20. a8 ounce, must ihave been an important factor in assisting the development of other sources of national wealth. \ (Continued next week) IMPROVEMENTS MADE On Saturday, November 2, several boys turned out along with Coach Pedersen anl a carpenter and made several improvements on the athle-iic field. They rebuilt a very substantial backstop and }uit up poles for vaulting, high jum. ing, and for the voiley ball net. Co ch ,Pedersen hopes this next spriny ‘o have the field leveled for track and other outdoor sports. ul ag CANDY SALE The Honor Society teid a candy sale at school during the noon hours, Tuesday, November 5. Various students, not all of whom were members, donated candy, which was sold in ten cent bags. The proceeds were satisfying. This amount is practically clear since there was little overhead expense. This money plus the money raised by the Honor Society luncheon given afew” weeks ago completed the scholarship fund for this semester. ! i WILLIAM PENROSE William Penrose, 50, a native of Cornwall, passed away in Reno early last week after an illness of several months. He came here when but a youngster with his parents, — Mr. and Mrs. Thomas Penrose, and took up the ’ printing profession in the old Herald’ office. He later went intoother lines of activity and had a large circle of friends. He. had been engaged in the transfer business at Reno. ‘Surviving are his wife and his two sons, the parents, and four brothers, Thomas, Harry, James and Fred. Mr. and Mrs. James Penrose went to Reno Wednesday to attend the funeral. PASSES Howard "Douglass, mining” engineer, who has been located at Anyix, British Columbia on mining work for some time since, was in — town Saturday afternoon while on — his way to new work at El Paso, New Mexico. ep