Show 01 wa so 1 M M w lei M lot phool 0 1 I ila I 1 I 1 he tonopah stock edcha eja changed i i ll 11 loom 0 OP OPAH has been a camp of quick for 0 tunes many who went into the district at the beginning can now count their cash by the hundreds of thousands some of them nave have become millionaires it is a noticeable noti cable fact too that the men who made such a rapid ac of wealth are young men not a few of whom went into the district on a shoe string 3 some of these young wealth getters even walked into tonopah after hearing of its wonderful possibilities so limited were their means that they could not afford less laborious or more luxurious means of transportation por tation across the desert they were simply down to cases and their object in going to tonopah at the time was to make desperate str strides des to get on their feet again abloom attendant upon an epidemic of sick ness many deaths occurred at this time the place being new and sanitary conditions not what they are today it was at a restaurant one evening during the epidemic period that several of the leading citizens of the town met for a little banquet at this meeting many matters regarding the general welfare of the camp were discussed someone suggested the formation of a stock exchange for the purpose of affording investors a means of dealing in tonopah properties and securities the proposition was heartily concurred in by all present and the following day more than half the stock was subscribed among those who attended this meeting were H C cutting S D forman A G cushman Cu ahman JK 07 1 t MUM E tom T A LT interior vieta of the conovah exchange this condition of affairs brought into camp young men endowed with an unlimited supply of push and enterprise A greater portion of them are still in the camp e engaged n in various enterprises and continue to make money the spirit of enterprise characteristic of them still prevails and whenever any apropo comes up for the good of the camp in general they are ever ready to respond the young men of tonopah mean to keep abreast with the times they work in unison for the up building of the camp among the advancements noted in tono apah pah is the organization of the tonopah stock exchange which is now ready to open its I 1 doors in a new build building inz owned and entirely paid for by the exchange the origin of this body dates back to last kwinter winter when the camp was enthralled in the thomas J lynch clyde jackson and J L joseph the articles of incorporation of the exchange were filed on april of the present year the next move was to purchase one of the choicest lots in the city this was done and plans and specifications were made and bids advertised for the construction of the new building at a meeting mia eting held in may the officers were chosen to serve for fora a period of six months henry C cutting was named as president thomas J lynch first vice president thomas kendall second vice president joseph L joseph third vice president S D forman treasurer and kenneth donnellan secretary secretary donnellan is well known in salt lake being the son of colonel J W don bellan of the bank and was atone time an active member lake exchange mr donnellan ha staken a very active part in shaping the affairs of the exchange and many of the details have been left to him in this issue can be seen picture a of the exterior and interior of the new exchange building it is indeed a credit to any city to have an exchange 0 as good as the one oneat a t tono pah the building is a one story frame structure feet the front part is da occupied by the agency bof of the state bank trust company and the rear is taken up by the exchange room the building is well furnished well lighted and is much superior to the quarters occupied by the members of the salt lake board secretary donnellan has prepared data such as the interested public would like to know about the mines which can be obtained upon making application to him the exchange begins active operations with a membership of composed mainly by the leading business and mining men of Tono poh some memberships are held in san francisco Francis dd salt lake and philadelphia but these will have representation on the floor of the e exchange during calls all the leading stocks of tonopah will be listed and as a safeguard for the investing public only properties of merit will be allowed to be posted by the listing committee commett ee it will also be the purpose of the exchange management to expose any company that does not conduct a legitimate mining business |