The colonists voted to dissolve the colony .
The BCC went into receivership ; its history ended when its land was sold for $12,500 to John J. Peth on June 1 , 1907 .
The colonists voted to dissolve the colony and the BCC went into receivership ; its history ended when its land was sold for $12,500 to John J. Peth on June 1 , 1907 .