OCR Text |
Show 88 Gateway Area Lumsden Group > to to to to Transaction M-42 Mesa County Recorded: Book 412 Page 74 Instrument: Mining Deed Date; November 5, 1943 Grantor: U & V Alloys Corp. Grantee: United States Vanadium Corp. Claims (11) Lumsden #1-3; Thundercloud #1 & 2; Sundance; Sunrise; The Duke; The Captain Jenks; Bellhellen; Buena Vista Stated Consideration: $10.00 and other valuable considerations. Documentary stamps: $20.90 Actual consideration: $21,122.25 Confirmation of transaction: Ray Lewis, Gateway, Colorado, interviewed by W, E. Haldane. Lewis, who formerly owned this group of claims, stated that Thomas Ht Skidmore assigned lease and option granted by Lewis to U & V Alloys Corp. and that Skidmore told him that United States Vanadium Corp. paid $19,500 to acquire these claims from U & V Alloys Corp. R. P. McFarland, 1803 North First, Grand Junction,, Colorado, Interviewed by Warren Eushf McFarland, who was Secretary of U & V Alloys Corp. stated that consideration was more than $18,000.00 but he was not certain of exact amount. the United States 1948 addressed to I.M. Stewart, Vice President of Vanadium Corp., in letter dated May 10, Ernest L. Wilkinson, stated that the portion of the purchase price representing the value of these claims was set up on books of United States Vanadium Corp. as $21,122:25. Because of admitted approximation of actual consideration as stated by R. P. McFarland and lack of firsthand knowledge of the actual consideration as 6tated by %y Lewis, the claim value portion of the purchase price as reported from the records of the United States Vanadium Corp, is used as the actual consideration for this transaction. |