Lucius Quintus Cincinnatus Lamar

Summary

Lucius Quintus Cincinnatus Lamar Southern Development Company of Nevada v…

If very flattering, a party is willing to pay largely for the chance. There is no other sensible or known mode of selling this kind of property. It is, in the nature of the thing, utterly speculative, and every one knows the business is of the most fluctuating and hazardous character. How many mines have not sustained the hopes created by their outcrop!' We approve the position of the court below, that 'Yerington and his expert, Forman, were as competent to judge how much ore there was 'in sight' as Silva was.
Source: Wikisource

Lucius Quintus Cincinnatus Lamar Southern Development Company of Nevada v…

Besides, the quantity of ore 'in sight' in a mine, as that term is understood among the miners, is at best a mere matter of opinion. It cannot be calculated with mathematical, or even with approximate, certainty. The opinions of expert miners, on a question of this kind, might reasonably differ quite materially. In the case of Tuck v. Downing, 76 Ill. 71, 94, the court say: 'No man, however scientific he may be, could certainly state how a mine, with the most flattering outcrop or blow-out, will finally turn out. It is to be fully tested and worked by men of skill and judgment.
Source: Wikisource

Lucius Quintus Cincinnatus Lamar Southern Development Company of Nevada v…

After the sale of the mine, Coffin, the superintendent for the complainant company, when he commenced work in the mine, started in where Silva had left off in this drift, and carried it immediately beneath the ore chamber, entering the chamber by an up-raise. Then it was that the discovery was made that the ore body, instead of being a continuous ledge or lead, was merely a deposit. Furthermore, the testimony of Yerington and Forman, as regards the little hole or shaft in the south-east corner of the chamber, is directly opposed by the testimony of Silva and Eddy.
Source: Wikisource

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