| Show MINING EXCHANGE E ELOOK IS S ASKED TO LOOK UP Sit VER CROWN h. h You follows print things that you know nothing about James Hamil- Hamil 1 to ton chairman of or tho listing committee I of or the Salt I Lako ako stock tock and antI mining ex cx- change chango Tho The mining exchange sought us and asked aked us to list our property Wo We concluded that if wo placed it on the local board it ft would be bo advertised ed as asa a a- a meritorious merit proposition to tho eastern people with whom we have been negotiating nogo for a sale zalo of or tho treasury stock M. M. M L. L Snow secretary and aud treasurer Tintic Silver Crown Mining company Wo We 0 bave have never tr attempted to sell en any of tho the stock tok here other than some somo of the treasury stock which was nas placed with nith our friends friends whom wo we advised ad to hold it for 25 cents or better a share continued Mr Snow Some of this treasury stock wo we s sold ld t very I cheap but hut it was with the stipulation t that hn t they should bould hold these shares bares for a certain market price which wo ice hope to neb lish I Il l We tWe We pooled all ail of ot the tho stock tock aside I from the treasury stock and wo do not propose to release this thi pool until wo we have hato disposed of all of th the promotion stock which will wm give O us a good amount of money to work our property in in the tho ho manner that wo we feel assured will bring brine results Wo We do not deny that there is some somo conflict over titles to a portion of our ground round but W wo we do not propose to have the exchange to get et us to list our property properly and then allow its members to swap the stock about in a manner that casts reflection on Oil tho the company We propose to push it to th the tho en end and have hao tho the exchange discipline these bro brokers kers I These statements were rondo made to THE I TELEGRAM this mornin morning on the strength th of ot a recent item appearing in iii inthis inthis I this department to tho the effect that there were matters in connection with nith sales ules mado made in t the e stock of Tintic Silver Silver Silo Sil Sil- Sil ver Crown on the local board that should be bo investigated That item was true truo in saying that a s broker claimed to have bave been held up for the tho stock on which he was short and was forced to pay 25 cents a share for it and that immediately thereafter there was nas a asale asale sale pale made at t 4 of a cent a share All of the brokers connected with these trades acknowledge that these theS l transactions transactions transactions did take place and one of them that it wash sale says aS was a Hands Tied Says Hamilton When Chairman Hamilton Hamiltons Js s attention was called to some Borne irre irregularities that appeared in tb the tho application for admission admission sion made b by tho the Tintic Silver Crown Mining iDin company he be admitted that some one had claimed that these irregularities laities existed and that the company had property the th title to which was in dispute He said that the claims had never er been pushed and that there was nothing left for tho the listin listing committee to do but admit it to the board He lie concluded with the remark that the pa pa- pen pern printed thin things s that they knew nothing about That the exchange has it put up to them in no uncertain terms regarding an au investigation of tho the Tintic Silver Crown Mining company's affairs is shown b by the following extracts from Secretary Snows Snow's to tn the board hoard which has Vf just been handed Vice Vice- c President Browning for the governing o board to act upon Part of Mr Snows Snow's letter to the tha mini mining 1 exchanges exchange's board of governors follows Tho The newspapers nen call for an in es This we wo court in fact demand de mand of your our board an explanation and the tha disciplining of this broker or brokers broker who we understand are arc mem- mem bers in good standing in your a socia- socia V lion tion Ion who on the tho mornin morning of January 18 IS 1909 1901 deliberately planned and anil executed a 1 bold lOld and successful attempt to inJure injure one of oi your our listed l properties the tho tho Tintic Silver Crown Manipulation Is Charged l Following his hie purchase e of the 2000 sharps shan this broker and md his equally ll guilty aides working ing hand baud in iii hand usi using nt t the he good name mo of t the tho h exchange Q n as 15 their thir tool tf made mado sales of Silver Crown stock among running the price down to Vie Vc fC a share sharo simply to discredit the stock Kot ot content with this they hid hod tho the fact published to tho the world that Silver Crown fell to a fraction of a cent Wo We We demand of your our honorable body nn nil l in investigation of these alleged cd sales were ere they the or were t they hey not genuine enuine 7 Durin During t that t play there thero were ero bids out ont for the stock for over cr 20 o cents and md andone andone one for 17 i cents followed ed immediately Their publication or causing the publication pub pub- of attached articles in in newspapers newspapers news news- papers oJ of wide nide circulation you yon will 1 readily admit has bas hurt our com company pan immeasurably and it may cause the tho cancellation of Cf a 9 pending deal in in which the sum of is involved oly In that case the tho guilty guity ty party or parties shall be bo held strictly accountable Details of ot Transaction Now as to this transaction tion Some four weeks a ago o a I man who was WiS figuring on doing development de work nork on our property came to our secretary and advised advised ad ael him that ho had sold 2000 shares shires I of Silver Sil Crown under the impression the pool was to bo be broken and aud he could cover er with his pooled stock timeto timeto time to deliver had arrived Ho ITo had bad sold short at 17 and cents Tho matter mat ter was taken up by br our board and tho the secretary authorized to sell this man 2000 shares of treasur treasury stock at IS 18 cents He lie did not accept our offer A A. few da days daj-a after this wo we got Fat word ord from a New York 3 agent ent with whom wo we had been negotiating for weeks 1 advising illing that a deal was practically concluded wherein his his people would 1 take all our remaining treasury stock That tied up all tho the stock as well Wen as considerably enhancing its value in our I estimation Now the only hitch is tho the I par value and a stockholders stockholders' meeting I to raise tho the par to 1 has been called for 1 February 13 C. Want Broker Investigated Now what of tho the broker or brokers bro bro- kers hers who made this exhibition of himself himself himself him him- self and caused those derogatory reports re- re reports re ports to be he published 1 We ask for justice ustice We Wo solicited by mem memo bers of your our exchange to como come in to your fol fold fola paid your our Ji listing tin fee fcc and were accepted as holding a n meritorious ous and then to have havo ono one or more of your members to plan and execute exe one cut cute cute- such a nasty piece of work against us demands your attention Just turn for a moment and nna a again peruse the insinuations in in the tho articles articles to to havo such uch slurs hurled burled at you through the public press is is to put it mildly distressing in inthe inthe inthe the extreme They chargo charge us with besmirching tho the good name of your splendid exchange ex en- change and change and this coming from the source that instigated the trickery mentioned Prestol Presto But wo we aro sure suro your honor honorable ble body will see to it that justice is is done u us and that tho the injury perpetrated ho bo righted so fur far as it lies in your our our power Your very err respectfully TINTIC SILVER ROWN MINING G CO COMPANY COLPANY P By M. M L. L Snow Secretary and Treasurer Cl B By Br order of the tho board of dirce- dirce I tors |
