A Lady in Boomtown: Miners and Manners on the Nevada Frontier - Page 24
develop so they were sold outright to a group of Philadelphia investors for $ 336,000. The verbal contracts with the leasers ended December 31, 1901, two months after the date of sale, but Tasker and Jim Butler insisted that all the leases were to be honored until their expiration dates. The buyers demurred but finally had to agree, and in the next two months they were paid $ 30,000 in royalties from the leasers. At midnight on December 31, every man who had a gun or pistol shot it off in a big celebration.
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