Show LATEST MINING DECISIONS prepared by andrew murdoch berrien springs the rib rights ts of a foreign forc ign corporation to c engage n in business in ai iother state depends upon the comity of that state and this corn coin ity is again 11 limited by the public police 0 the state which may be inferred from its gen eral cral attitude with regard to such corpora eions or may ma be positively po declared by statute williams vs gold hill mining co et al 9 at fed rep il 1 S the decisions of the supreme court of al holding that judgment creditors of t mining corporation may question the valid ity of a mortgage given by the corporation on the ground that it was not ratified by stockholders as required by the statute do not relate to an any question of corn com mercial or general cre law but are local in theia effect and are binding 7 on a federal ourt williams vs gold hill mm min co et etal al 9 of fed rep U S the state of california having dec de iare garec its public policy by its constitution 12 15 which provides that no corpora tion organized outside the limits of this shall be allowed to transact business in thi ahr state under more favorable conditions that are prescribed by law to similar corporations corporation organized 1 I under the laws of this state ant am having baving t provided by statute st 1880 p 1311 applicable by its terms to all mining corpor actions that it shall not be lawful for directors of any mining corporation to sell lease mortgage or 0 otherwise he fwise dispose of th whole or any part of the mining brount owned or held by bv the corporation unless such act be ratified bv the holders 0 at least two thirds of the capital stock of suet suel corporation and prescribed the manner ii u which such ratification roust must be shown i corporation of another state holding mining minin ground in california is governed as to it conveyance or ance by such nuch statute and a mortgage r thereon not rat raided i qed by it stockholders in the manner pr bribed cri bed i void williams vs gold hill min co 1 a 96 fed rep U S los angeles NT 6 al journal W F snyder who recently secured bond and option on stateline Stat eline property is nov getting in on bingham ground having wit his associates secured a bond and lease on portion of the st james group near th silver shield D J huntsman who recently made aj a exam examination of stateline Stat eline district in iron coun ty is well pleased with a this athia gold and silve camp in fact he is so well satisfied wit what he saw there that he intends his investigations further in commenting comment com mentin int 9 on n the mines of stateline Stat eline mr huntsman mad particular reference to the creole which h states shows nn an average of four feet of ore i its wor workings kinas which runs 20 ounces in silve and 19 in gold to the ton the reole is on oi of the first gold discoveries in the he camp an has all the earmarks of a bonanza with more extended de development ve lopic nt |