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CALIFORNIA CORPORATE & SECURITIES LAW

A Town Without Written Leases And No Litigation

Recently, I visited Tonopah, Nevada, which is located about midway between Las Vegas and Reno.  According to legend, the town was founded after Jim Butler discovered a rich ledge of silver ore while chasing his wandering burros.  Historians can, and do, debate the accuracy of this tale, but the silver was indubitably real.  Reportedly, the Tonopah mining district ultimately…

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