Salt Lake Herald-Republican | 1915-09-05 | Page 64 | Romantic History of the Cardiff Mine

I ROMANTIC HISTORY I t OF THE CARDIFF MINE I I T Since the Cardiff lIf mine made its great strike In October 1914 it has been ono one of or the most conspicuous actors In InI inthe tho the Salt Lake Lilke stock marl market ct and has I been a n. consistent producer for several se months It Is now shipping at the I rate of or a month and Is s today heralded as a coming dividend payer Accordingly the following brief history of or the tho location and rise of the property from obscurity to prominence will be read with interest by many mony The original Inal claim was discovered and located about thirty five years ears ago b by Thomas Jones an old Welsh miner He called tho the claim the tho It was Va allowed to lapse years after through failure to perform the thc necessary annual assessment and when It was i renamed by T T. A Gus Reamer a son- son I law in-law of Mr 11 Jones It was called d th ho Mountain Chief This is tho the original nucleus of or tho present extensive domain domain do do- main of oC more than a dozen claims aggregating aggregating aggregating ag ag- probably OO to acres The old Welsh miner continued doing development work on this one claim for years ears Ho lie had two partners Miller and Miliner Both died Finally Jones Joncs grew very cry old and offered Mr 11 Reamer a halt half Interest if IC he would perform perform perform per per- form the assessment work Mr Reamer associated with himself Add and the two took a n contract to do a certain amount of tho the work for a half Interest The property developed sowell so 50 sowell well that they Incorporated the Jones Mining company Tho They located two more adjoining claims Mr Ir Stoye r went to Kansas CIt City and financed th the e company compan The capitalists were to advance ad- ad ad ad- vance anco the tho mone money next spring The do do- do of oC 1892 03 18 n came on on the Kan Tian Kansas sas ns CIt City men were elc unable to make mak e good the proposition fell through h an and d the tho Jones company compan went up tho spout along with many others B By this time pioneer Jones was In his SOs and too feeble to do an any work and his partners being dead he decided to give up the property and asked hi his son-in-law son to locate It In his name Here Hero Mr III Reamer became sole owner o of what is Js now the Cardiff The orIginal locator died about this time Ume That was nearl nearly twenty years ago About twelve or fifteen years ears ago Mr Reamer took In Fred Ired W. W Price as ns an nn equal partner Mr located three new claims the claIms tho Cardiff Lily Lih and Run Barney Barney Bar Ru n ney Gatz Some eight years ears ago the tho partners decided to form a n com company pan It was to bo be named the Mountain Chief Chic When thc they got read ready to file the they learned that another Mountain Chief company existed so the name was changed b by Mr Price to the tho Car Cardiff lH Mining company It had shares of or 1 par value tho the same as at present Reamer and Price held control control con con- for tor about a decade or until three or four lour years ears ago when Ezra Thompson Thomp Thomp- son and J. J D D. Murdoch the tho present controllers bought the majority interest inter inter- est estAn An extremely interesting and ro ro- ro I mantle mantic history revolves around tho the Cardiff It shows tho the usual ups and downs of oC most big mines The Tho property property property prop prop- erty It itself elt was bandied about for or a a. song the stock was permitted on tri trifling trifling tri trl- fling assessments to go o by default b but butIn butIn t. t In tho the end It turned out to be a hea heavy producer and the stock sales of oC to today Indicate an aggregate worth of