Schmidt v. Horton

Admittedly, this suit is the outgrowth of a mining excitement — short lived, but very sensational during the few weeks it lasted. The excitement was occasioned by a discovery made by the defendants of a fabulously rich surface deposit or pocket of gold upon the property of the Electric Gold Mines Company in the Weepah mining district, Esmeralda County, Nevada. Upon the strength of the discovery, the defendants, in anticipation of the rush to follow, staked a large number of mining claims adjacent to and surrounding the place of discovery for speculative purposes only. At the height of the…