Show J L wilson finally wins in suit for shares in n joseph L wilson the prospector who discovered the colorado mine in this district monday won h a buit suit against the colorado mining company to W declared the owner of 15 shares of the capital stock and to ce ne paid the back dividends on the sto k amounting to almost 90 in a de C cis 1 3 0 on u handed down uy vy the united states cincu t court of appe appeals alsin in den ver yet athe the case has extended over a period of seven years and the events leading up tip to the bringing of the suit have covered a period cf fifteen years under the decision of the circuit c courton court of appeals mr wilson will re ceide the stock and the dividends at one time the stock of the colo colorado r ado idas as selling at 7 a share on the salt lake exchange but it is now sellina selling at 10 cents whether the de cis on of the court compels th corn com pany ao ato purchase the stock at 4 1 a price when suit was start ed is not known to hia his attorneys although they asked judgement jud gement for that amount on each share of stock Mr Vilson claims he discovered did assessment isore on it until 1893 wh n he and former congressman george W dor sey of nebraska incorporated the mine company mr wilson was div en 73 shares of the stock mr mir dorsey 60 shares albert hagen a shares and john D spencer adoo a shares out of the total shares there was a pooling agree ment entered into and all of the stock remained in the treasury in september 1900 mr wilson was removed to st mark marks a hospital and slid was there for several weeks lie ile did not have any money and gave the hos hospital hosi lital ital shares of las h s stock to hold as security for the 30 wh ali ch he owed it he says and gave dr iff J croxall 10 shares of the stock to hold as security for the doctor bill he ile disposed of the remainder of his stock to mr dorsey both through purchase and through the stock be log ing sold on promissory notes when mr wilson left the hospital he started for alaska but never reached janeau juneau he ile worked for sev en years in mines in mexico new ico and arizona as a miner during his absence jesse obtained control of the mine and increased the capital stock to shires shares then the rich ore was struck and the stock began to boom mr wilson who was a in the he mines at globe anz ariz heard of the he strike and came to tintic gintic to claim his shares the company re used to issue them and he brought suit for 1121 shares this suit was settled by paving paying h in he ile then discovered that the company had nev er st mark marks s or dr croxall he ile paid the b its obtained releases from the hospital and doctor and then brought suit aga nat the colorado mm min ng company for 15 shares of stock and the dividends which had accrued on the stock the district court of utah decided he was guilty of laches because he bad had not brought his su t sooner but monday the c r auit court of appeals reversed th 9 becis on and aw awarded added him p of ol the stock and the unpaid dm divi bends mr wilson was represented before the courts by D ekson ell a ellia ellis mahlon E wilson W 11 II king ring and john W burton mahlon E wilson made the argument before the cincu t court of appeals in M apolis last may the colorado mm min ing company was nias represented by ilowit how at macmillan W lester mangum secretary of the colorado mm min ng company stated yesterday relative to the effects effect a of the above decision the board of directors ot ol the col orado mm alin ng company hid had decided to declare a div bend of 25 at its regular meeting on october 10 nov no v how ever in vie v oi 01 the decision of or the denver court in the wilson and croxall case this action will not be taken the judgement jud gement calls for 15 shares of stock plus the divi d ads paid thereon amounting to ta 2 60 1 er share and coats costs and dis bursen ants in the case with inter est on the vario various us dividends from the date of their payment th a will ill take such a consid erab e port on of the W 96 in the treasury that the di rectors feel it would be a part of wisdom to retain what is left for de purposes the work in the colorado has been done by leasers teasers for some time and consists in clearing up the old and following email small veini veins of oie there remains some good ore to 06 mined and leas ng operations will be continued jf |