◆ SpookStack

RE: JOHN L. LEVIS, ET AL INTERVIE.” WITH TILLU. uM, RYAN The following facts wero related by Mr. ional RYAN relative to the sal: of Mine "B" to ELSHOFF : — He and ELSHOFF hed been tryin; to got to,zether with the mine owner in Peoria relative to th. purchase of a small railroad wiich would facilitate the moveme-t of coal from both mines and result in a consider- able reduction of operation and transportation exjense. ELSHOFF proved to be the stumbling block i: these negotiations in his final refusal £o partici- pate and at that time, which was in the latter part of April, 1941, Er. RYar made the idle remark to ELSHOFF that he was soing to get out of the mine business and was ready to sei). his minc. ELSHOFF promptly asked him how much he would take fur nis proper.y, FHfAil was surpriseu and stited he viould have to consult wich the ceccuntants end make an inventory of the properties before he eci!d make an estin.t:., out stated it would be around $60,000. ELSEOFF infor-ed tht he thou; ht perhaps his ,eople misht be inter- ested in makin: a purchste at that price. Ew.i thou;ht ELSMOFF was joking and gave the matter no Vurtier attention until he recerved a telephone call fear PIGUET fann caen ain £ APU LON’ 224 OU poliyic a] Leconlin Jain ir Iq 1ir re vould sell the nine for. It Kis ily. und fishin,; in, wisconsin. ai that Stn ain ces Dae ide f ¥i ist le b> United Mino workers, and anoth-r Person by the — After a “/& comrlete inventory of his pro-ertie:, RIiVN informed ELSHOF vas velued at $75,000 and that twas the price that he would accent for his lease. ELSHOFF stated that he did not feel his people would pey that much. » 7 oe ay Lt Tote he cairo an 4 nouir t+. he: wmiah he A vu Liv) bel 1 . Tio morc contacts were made by ELSHOFF with RT on this matter, both bein: by tzlephone frq@a some sanitariun at Nilvaukec, «wisconsin, whete — CLSVOFF was purportcdl; t-king an alcoholic cure. . In view of the fact that his lease was expirin: within a few months, lir. RY. decided that if he was propositioned agin by SLSHOIF he would maxc the sale, but only on the condition that ELSHOFF would make a down-payment of ¥10,00) to show his ” good, faith ond a, to certain othe: stipulations. fir. RY. left these instructions wit: his Sup rintendent, D. GeBEt, at Hine "4" and went on c vaction trip to Seattle, “ashinczton. He had hardly arrived at Seattle, Vashinzton, vhen he reeeived a eon 1 from Ur, BEST that ures SURLEY and OSC..2 FuLCETTI had come to his office and wanted to complete the ‘sale of Mine "at. Mr. RYs‘ii instructed BEST to confer with F.LCETTI and > URLEY to see if they were in accord with liar, RYall's stipulations on the sale. He subsequent]. received a call from BEST stating that a counter- “4 offcr had been made givin, the detvils, and thet GOURLEY and FALCETTI felt : that $5,000 was all that they could place on dePosit. Wr. RY.’ countered with the proposition, accepting the $5,uuU retainer and outlining the pro- visions under whici: he was willing to sell. GOURJEY and F..LCETTI who were on epee mcrae = =