Show NEVADA consolidated DIVIDEND nevada consolidated has declared a regular quarterly dividend of 37 cents a share payable september 30 to stock of record september 16 three and six months ago dividends of 37 cents were paid and nine months ago 75 cents a share this dividend calls for the disbursement of it will make 2227 a share or a total of paid to stockholders since the company was organized nevada consolidated paid in 1918 in 1917 in 1916 and in 1915 during the four years which ended with 1918 nevada consolidated earned 1734 net per share for its stock and in the same period paid 1265 a share in dividends it closed the year 1918 with net surplus of cash and quick assets for working capital it is stated that minerals separation ltd is about to enter suit in the united states district court asking for a permanent injunction to restrain nevada consolidated from using any one of its several patents pertaining to the oil flotation system of concentration cent ration suits undoubtedly will be brought against many other companies also but they should occasion no worry in any case nevada consolidated is understood to have experimented to some extent with oil flotation but to have used it in connection with its regular concentrating operations only to a very small extent geo L walker in boston commercial LAND OFFICE MINERAL DECISION the nevada city california correspondent of the mining review submits the following I 1 am attaching a clipping from a local paper in re a townsite case at a new angle it is the first effort made in this part of california to obtain a mineral patent within a townsite on land not disposed of by the county judge at the time of the sale of said townsite the right to proceed on these lines was obtained after appeal to the secretary of the interior he reversing the sacramento land office and the commissioner of the general land office the case will be appealed the last lines in the clipping are not supported by facts the city has no authority over land titles that is a matter for the courts and the federal land departments the real opposition comes from a few influential citizens who being of an esthetic nature are opposed to the roar of a stamp mill within the residential districts and the further reason that there is a very good opportunity of making one or more locations within the city limits that means more litigation and more mines it is true that mining is being carried on under the city but at depth and the hoists and mills are on the outside of the city generally newspaper clipping an opinion has been rendered by the united states land office at sacramento in ill the contest between the golden center of grass valley mining company and the city city of grass valley in connection with the roche rock lode claim the register and receiver holding that the ground in ques tion is mineral and that the company should be allowed to proceed with its application for patent 0 all points covered the opinion is quite lengthy and treats of cf the history and details of the case in the most thorough manner reaching the conclusion that while there is no evidence to indicate that the claim ever yielded any great wealth the testimony warrants the belief that valuable ore bodies might be developed ve loped was formerly the dromedary the gist of the opinion is contained in the following paragraphs two issues are involved in the case at bar first was the dromedary claim now known as the roche rock lode claim a valid mining location subject to the provisions of section 2386 revised statutes when the grass valley townsite entry was made june 18 1869 second was the dromedary a known mine of gold subject to the provisions of section 2392 revised statutes when said townsite entry was made it if these issues are affirmatively sustained then the patent to the townsite of grass valley so far as it covers the land embraced in the dromedary claim is in valid and mineral patent tor for the roche rock lode claim which embraces the land covered by the dromedary claim should issue s as prayed for in our opinion the record conclusively proves that on the date of the townsite entry the dromedary was a valid existing mining claim and generally recognized as such in the district in which it is situated it is shown that the claim was first located under local rules and regulations then prevailing in 1857 and that it was held and worked until at least 1870 as a mine of gold one witness stating that to the best of his recollection work was car ried on as late as 1873 the tact fact that the mine was closed at intervals and operations suspended does not indicate abandonment as alleged by the counsel for the city of grass valley because if this theory was accepted then it could be alleged that every present gold producing mine in the grass valley district has at some time in its history been abandoned and pronounced worthless testimony of pioneers the opinion goes on at length to give a resume of the testimony of john B E carter edwin whitburn richard curtis and leroy smith each of whom had some connection with the dromedary in the early days and worked ther therein 1 ein indicating that quite extensive operations were carried on but that the returns were generally small some stress is laid upon the testimony of john E carter that he did not regard the claim highly at the time he held a lease thereon because of the theory of geological experts of that day that gold veins would not penetrate and could not exist in hard granite formation a theory afterwards proven to be erroneous held to be non mineral in 1869 the dromedary claim was included in a townsite patent issued to the city of grass valley and at a hearing which followed the commissioner of the general land office ruled that the land was non mineral thus thu the case stood until 1918 when the application for mineral patent was renewed the city of grass valley asserts no claim to the ownership of the parcel of land but sought to protest the title to it as a part of the patented townsite |