Show IFAVB YOU THOUGHT ABOUT THA l ESTIMATE ON THE CONC CON-C JR13SSIONAI a VOTE THROUGH I WlIItH YOr MAY FOR 50 CENTS KARN > JOOIYI READ OUR HALF PAUB AU GIVI NO DETAILS TITLE TO Rthi MINES Litigation OverSunrise Property Prop-erty Is Ended MILLION DOLLARS INVOLVED Judgo Rincr in United Slates Court at Cheyenne Renders Decision in Favor of Wyoming Railway Iron Company Represented by A C Guernsey Against Edward S Hos mer of New York Case Has Been in Court Two Years Most Important Impor-tant One Decided in Wyoming TRIBUNE SPECIAL Cheyenne Wyo Oct l Judge finer of the united Slates Court has handed down i decision In favor of the Wyoming Railway Rail-way Iron company represented by C A Guernsey of Cheyenne against Ed xvnrd S Jlosmer of Now York city In the case Involving tlK title of the SunrIse Iron mines JCO miles north of Cheyenne Tho mInes are al present operated by tho Colorado Fuel Iron company and aro valued at JSOOOOO Tho case has been before be-fore the court for nearly two years and IB ono of the most Important over decided by a tribunal In this State OPTION 6N PROPERTY In May 1E31 William Sturgls of Choy cnne grated to C A Guernsey an option on the mines the purchase prlco being placed at JlJOOCO In June 1S01 C A Guernsey transferred his option to Edward Ed-ward S Hosmcr of New York he assuming assum-ing the liabilities entailed In March of JStC Mosmer transferred lo C A Guernsey and associates the option having paid 11257 of the purchase price Thu termo of the agreement of this transfer were that Guernsey should pay to Hosmcr the amount Ho mcr had paid on the purchase price and should pay Sturglo tho balance due him with Interest ANOTHER CONTRACT MADE In September 15 l another contract wan mado with Hosmer time amount duo him havIng not yet been paid In the meantime mean-time Guernsey hud paid to Sturgis the balance due him about JHWO Hosmer however still holding tho title to thu mines on account of the amount duo him having not bee paid In the new contract Guernsey agreed lo pay lo Hosmcr tfQGOO the amount duo him with Interest antI vO which he had paid for the Lono Jack mine transferred to Guernsey In the deal of March lsJ On November 4 I 19W JM 000 approximate was atlll due Hosmcr from Guernsey TENDER FINAL PAYMENT TIm final payment to Hosmor war duo on November M i ifOO < This payment was iot male though Guernsey promptly tendered ten-dered iho money The payment was delayed de-layed at the request of Hosmers agent lloamcr rofusQil to recognise ihla action and ntlmpled to establish thai Guornscxfl contract xvaa forfeited and to retain tltlo to the mine On November CS IfOO ho convoyed the Itlo lo the mines lo his mother Guernsey acted promptly and on December De-cember 10 1000 filed suit to compel IIos mer to accept tho balance due lo him and convey title lo the properly DECISION AGAINST HOSMRR The dccltdon handed dovn by Judgo TUner compels Ilosmer to nccopL the payment pay-ment and convoy lo Guernsey full title j The amouilt now due Ilosmer Is about 1 5 SOOO and la covered by 503000 which tIme court holds amid which represents royalty paid by the lessee since time commencement commence-ment of lImo still VALUABLE MINES The Sunrise mliitfi have constantly ap pieclated In value since Guernsey pur rhascd them from Slurpln and now pay n royalty of nearly JIWijo a year From 700 to itO tons of ore a day are mined by i the Colorado Fuel Iron company and flilppcd to thn rcdurllon works juid foundries at Pueblo Their value al limo expiration of the Colorado tuel Iron companys twentyyear lease cannot bo estimated |