Show p KING CON DOES NOT WANTI WANT r I SHAREHOLDERS TO SEE t i BOOKS I As shown hoT n by the proceedings s in Judge I M. M L. L Ritchie's court yesterday ay the Silver King Kins Consolidated will fight every c attempt made mad by hy it its shareholders I to inspect the company's book books I Yesterday when J. J W. W Edmunds a awell awell well known knot expert a accountant was riS put on the tho stand tho the Consolidated d company's com coni- pany's attorney tried to make it appear appear ap ap- ap I p pear th that t Edmunds had been in the employ em cm- ploy of some pome of tho the people who are closely identified with ith the interests of tho Coalition comp company nr Edmunds being a B public accountant and having n given ven his his services cf to al any who desired d to havo have their books audited audit audit- ed ed refused to answer any questions nil I relative to his business with th people gen gem Pran The court sustained d the po pi position tion taken by Edmunds and uHl now the tho I Consolidated proposes to take another route by which it is h hoped that it will willbo I I bo ho shown that the Consolidated on has hag a aright aright ri right bt to keep its re hill hidden hillen lIen from its own shareholders A man who ho i is I familiar with the mining companies now opening up Ui tho mineral deposits in Park Puk City said ai this mornin morning I This ThiR thing of oft r refusing a shareholder hold r permission to inspect the th company books or at lo least ot to get ct a statement of the company affairs is always au an injustice injustice in in- in justice to those who have havo put up their money noney for an interest In this particular particular lar Jar case caso the shareholder should claim additional attention because he has hn had bad to come como forward with assessments on his stock t to retain tho the boldin holdings for which ho he has paid Cant Can't See See- Why I cannot understand what hat the Consolidated Con Con- has done t with ith the money or what there is il in its affairs that it its management ement is unwilling illin to divulge o to the tho public The levy Jovy of its assessments has baa been rc regular Jar as clock dock work and it is easily casily surmised that it is is dependent upon public support support- for the continuation continuation continua continua- tion of its operations at tho the property in Park City Has there benn berm an nu over over- issue of if stock or a fI waste of its funds that tho company officials s aro unwilling to let Jet even a shareholder know what is ia going on 7 U It It seems th that t the Consolidated is is try trying to inveigle its shareholders into the idea irlea that it has hH great great- reat mineral wealth in its territory But that its real mat resources are to be bo found lund in in tho the futile effort to make one ono of its neighbors neigh neith bors bore part with somo of the wealth accumulated accumulated ac ac- ac cumulated from an area in which the Consolidated Consolidate has never had bad any interest is very clear from its recent suit At Att At first the claim was as made mado by tho the Consolidated management that it would bo ho able ablo to collect a cool in inthis in inthis this manner and later the tho damages I were raised to something like 2500 Stran Strange c isn't it that the Consolidated Con ConS ba has haa such fuch a swin swing at its nci neigh neigh- h. h for for tho the wrongful extraction of its ores and the immediate immediato prospects of turning itself into a a. bonanza collective c agency ncncy and arid yet it is unwilling lJ n to let Jet letone one one- of its shareholders iD investigate Rt the accounts of its own deed Maybe this I will give ivo th the public fu full confidence in in its s management but I cannot see sec how howit it it- would be possible for any ono one to have hate faith in such a concern or at least in inthe inthe inthe the men who have charge e of its affairs Ono One of the tho most amusing thin things s to tome tomo mo me has always been the contention ion that tho the Coalition company has hH gone out of its boundaries to got get ot ores This company com corn pany owns something like 2500 acres of tf ground in in the very heart of the ore ore- bearing district an and it will require inan many years for it thoroughly to prospect pros poet its own round ground and extract the ores it has haa in sight It would be bo a very cry foolish proposition for the tho Coalition management management- to its time timo to developing de do- the ores in iu other ground than its own and ancI I dont don't believe that thi has been done If Ii the Consolidated company had bad in mind a a. proposition to force its neighbor into paying a l bi big price for it its ground roun 1 and thus thua get back thousands of dollars that have been wasted in a fruitless effort effort ef ef- ef fort fort- to get et a mine Im I'm of the opinion that it it has gone one about it in a manner r that will place the company in a very verv embarrassing position before this thin thing has been settled With assessments to keep up its development work ork and tho the he heavy J costs of litigation I cannot cannot- conceive con cou c eib e i where its shareholders arc Hrc going to get ct off |