Show FRANK KNOX IS MU H SURPRISED Man Indicted in Nevada For Queer Operation of Mining Mining Min Mm- ing Company Says He I Is Wholly Innocent of Blame t i I of or the Na Na- Frank KnoX nox president Bank of ot the Republic and Gui GUs Gu i Holmes proprietors of ot the hotel arc are regarded as the largest lorge t local loca stockholders In the Silver er Teak Peak Mining company compan tho the officers am and directors cf at which Including Including- Mr Knox have been indicted for criminal conspiracy con con- In making snaking tax returns on th the bullion output of oC the company compan In Nevada e Mr Knox 8 says saya as aM a a. director directo and stockholder of oC tho the company ho has ha never novel attended a meeting of or directors director and knows nothing of tho the details o othe of oC the dall dali dally business H of ot the company Mr 11 Knox nox said yesterday While I am nm a stockholder and a member of oC the board of ot directors o othe of oC the rJ Silver Peak Mining company com coni- pany I have havo no official knowledge p pan of oC an nn indictment having been heen brought brough against mo me b by the grand Jury JUT o of Esmeralda Esmer- Esmer alda ald county as stated staled In newspaper advices toda today I know nothing of oC the bullion re returns returns returns re- re turns that may mayor or mar mav mar not have been by the company I know nothIng nothIng noth noth- fn Ing of oC the contention said Raid to have been heen made h by the tho No a Nevada la state bullion tax collector either elthor as to Its merits or demerits In fact I know of oC no contention contention contention con con- save lave what I have seen in the press dispatches Tho The offices offices' of the tho company are arc In Pittsburg where the majority of tho the directors reside and the company compan meetings meetings meet meet- fn ings s are held in that city I have never attended a meeting either cither of ot time the di directors directors di- di l.- l. been Inthe inthe In Inthe rectors or stockholders I have ha the mine on only I once and really know nothing of ot the time matter Mine Stock Ir M apparently had hadit Time Tho turn of affairs it Its HI effect on the local market wherein where in the list of outside securities Pittsburg PIUs Pitts- bur burg Sliver Silver P Peak was offered at 50 SO 50 with no hId bid During DurIcK the tho last few tet weeks week time the bid ha has ran ranged between 51 61 and Cl 61 1 with no stock offered In local Joal mining circles It has not been understood understood un un- un- un that the tue company has bc n operating Its stamp null mill as a sep sep- arate arato corporation f r The Nevada law requires a a. tax on the net production of precious metal S i which is set as ns the gross gros production minus the mining and milling milling- expenses In recent literature Issued to pre present ent the time prospective stockholders the company company company com com- pany officers havo have given Iven It is Js understood under under- stood lower figures on the cost of oC milling minIng mill min ing than have havo appeared on the tax to the statements of the company compan Nevada Ne officials |