Show I I PRO PROBING AffAIRS Of MISSING MAN MANI Colorado Shares Allotted to Success Shareholders Not Accounted For WILLIAMS HAS GONE EAST LEAVES ACCOUNTS ALSO SOMEWHAT INVOLVED Ernest Williams the missing manufacturers manufacturers agent and mining man did not noto go o to Idaho as his friends supposed but buts butIs butis Is s now somewhere In the east cast Edwin G Woolley jr of James A Pol Pot Pollock lock ock Co stated yesterday that during the he day he had conversed with a man who vho had traveled as far as Chicago with Mr Williams They The reached Chicago on Sept ept 10 On parting in that city Mr Williams said that he was on his bis way east ast to see the manufacturing firms he represented and discuss future plans In the long ride to Chicago the man who was Mr Williams close companion noticed nothing In the tho agents behavior that hat caused him to suspect that Mr Ir Vii Wil 11 hams ianis was in trouble Mr Williams was secretary of or the Mining lining company at Eureka and an was In Interested interested In a number of at f other mining cor corporations corporations orations James A Pollock is president of the etro company and Edwin G Woolley C jr r Is one of the directors Mr 11 Woolley stated yesterday ester a that Mr Williams on departing d from Salt Lake had not informed him of his intention of or going gOi lg on a protracted business trip The first Mr Ir Woolley knew of the agents strange disappearance was on last Fri Friday Frida Friday day da when whet The rhe Herald told the story of his unexplained absence Check Is Worthless Mr Ir Woolley as director of the tile company compan at once examined the missing accounts He found every ever thing hing apparently in good shape shalle except that hat there was an overdraft of more than 1000 which was In violation of the In Instruction of or President Pollock and a personal check for drawn upon the tho Commercial Savings bank by Mr Williams In payment of ot his last assess assessment meat nent which had not been presented at athe atthe atthe the he bank for tor payment pan ent The Williams Imams check was taken to the Utah Commercial Savings bank where payment was refused as Mr Ir Williams no longer had money on deposit there The amount represented by b the over overdraft overdraft overdraft draft made by Mr Ir Williams as secretary of the Mining company had been expended in the development of the com corn anys properties it is said President however had instructed the sec see secretary secretary not to make malte such overdrafts with without without without out first levying an assessment upon the stockholders Before going east a short time ago Mr Ir Pollock Bollock sent in I his resignation as president president president dent of the company compan but as there has las been no meeting of ot the directors since the he resignation was written It has not yet et been een acted upon In the absence of ot President resident Pollock and Secretary Williams Mr Woolley now has charge of the af at affairs fairs airs of the company compan Success Colorado Deal There is another tangle in Mr Ir Williams Illiams mining affairs which may need straight straightening straightening straightening ening out The Success Mining company compan of which he was a large stockholder more than a year ear ago entered Into an ar arrangement arrangement arrangement with the Colorado Mining company by which the Colorado company was to take control of ot the Success com corn compans pans anys properties The Success stock stockholders stockholders holders were to receive shares of ot Colorado stock then selling near par in exchange for their Success stock These 2000 8 shares were delivered to Mr Wil Wiliams Williams hams iams Just what no did with the Colorado stock now seems to be a mooted question It Is understood that some of the Suc Sue Success Success cess holders received their portions of the shares but the larger number have not yet effected a settlement Lawyers Lawers who have been consulted are of ot the opinion that the deal will not hold water and until the matter is settled in the courts those thOlie in interested Interested interested on both sides will not know clearly clearl where they stand Mining lIning men who are familiar with Mr Ir Williams investments in mines do not believe bellee that be he lost money through these interests Appears to Be Prosperous All the properties in which he became Interested were of the kind that would ap appeal appeal appeal peal to the experienced mining man manThe manThe manThe The company has hae paid a number of dividends while there were assessments to offset this showing and indications in the th mine workings at the time they were closed down on last Fri Friday Friday Friday day after The Herald announced the dis disappearance disappearance disappearance appearance were that ore was again being reached Another reason that Mr Williams William friends do not believe his disappearance was due to financial entanglements is his statement that he h was clearing 1000 a month as agent for tor eastern manufacturing ing concerns In addition to this he was owner of three or four tour fish ponds from which he derived substantial revenues and had a afine atine afine fine tine ranch in Idaho The present market value of oC the O 0 shares of ot stock In the Colorado Mining company given Mr Williams for distri distribution distribution distribution among the Success holders in payment for their interests In the Success properties Is It la Is I not known kno what portion of this stock remained in the hands of Mr Williams at the time of his disappearance |