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Show IE LOWER MAMMOTH II 1NUMJEETI H jijj Directors Arc Rc-Elecfed and Iff Reports Favorably Passed I il SUPERINTENDENT COFFIN lj MARKS DETAILED REPORT 1 Predicts That Mine Will in Fu-H Fu-H In L'e Be J ipse All Former Ij At the ;ui mini meeting of the. stock- flj holders .of iho Lower Mammoth Mining jRj company held in this city Monday aftcr- noon, the old hoard of directors was rc- fl) elected, anil the report of Superintendent rij CofIn was read and favorably acted JJ upon. Outside of this there whs little Ml business transacted, the directors ul their S3 rigular monthly meeting on InsL Salur- Ijfi day having: audited all hills and accounts, Jm levied a flve-cont assessment, nnd dls- j In ' posed of other business relative lo com- M nany afTalri The assessment levied on Hj lf Saturday, for the purpose of continuing Hi ijl the" development work at the property. fjf , u'ecomes delinquent February' li", sale j fljjj I Jay holnp March 0. fj i 'I'lierc were 13o.l00 shares of the out- H, 51 t standing stock represented at the mcet- i all l inp Monday. The directors of the com- I'H ' pany are John Dern. W. S. MeCornlek, Si , ' A. T. Moon. M. P. BraiTct. .1. P. Stew- H Uf art. D. L. Wcrlhclmer and E. C. Coffin. IH f The directors will decide upon the .ofll- (1 i cors of the company at their next H f 1 ' monthly meeting, and It was stated Hi if 1 Monday by an official of the company Hi fU ) that the Incumbents will probably be re- ft! appointed. In '., To show their appreciation of the 3-1 I splendid management and work of Su- M perlntcndcnt Coffin during the year, the j ! ( stockholders voted him a vote of thanks Hj Hi 1 at Monday's meeting. H ml f Superintendent's Report. H ill y , The report of Superintendent Coljin, HI ffn 1 as presented at the meeting, covers In Si I . dotal! tho work of Improvement on the j ff f surface and the development of the mine If 1 during tho past year. Each Item of In- gjji! tercst Is clearly set forth, and all opera -iiaUi Hons and results are covered closely. The surface Improvements, according HI 1 1. to Mr. Coffin, are considered of much I ( Importance to the rapid and economical I II J development of the mine. The main H m . work, other than the underground op- m ( orations, was I he enlarging of tho old I fTjr shaft to a shaft or two compartments H ! and maivvny. and the Installation of H si! new machinery and electrical, cnuipmcut. K h Eight Jiundred feet of now shaft was fl also sunk, so that tho company now has of ; a two-compartment shaft, regulation Ull ; size, ami a nianway I feet " Inches by flh LM! Inches, lo the 2000-foot level. Tho W I improvements thus made were of an fl cvircmclv dangerous nature, and atten- In tlon Is called In the report to tho fact Ml f that during this work not a man was H il f seriously Injured, .special care having if ( hecti taken to prevent accidents. 1 N The electric hoist. It is stated, with H I'll I j tho repairs anl Improvements made I H upon it, has responded in good shape to 11(1 tho increased work put upon It by the I l ) deeper developments, and the electrical H ffjl 'j c'lillpmcnt at the mine Is also meeting H Mil t all requirement:?. ' m I On- the 1500. 1700. 1S00 and 2000-foot I ml lovo.ls. stations have been cut. and these ( bu've been fitted with all necessary H4HH switches and chairs, so that all Is ready H'Bj for whatever operations may be carried HVI on on them. A new compressor, hav-HVH hav-HVH ing a capacity ftf 10fi5 cubic Tcct of air jlBlff per minute. Is also a piece of new cquip- I moiil Installed during the year, and It is t doing vcrv satisfactory work. A wood- HH ; working "shop, with up-to-date cqulp- JflV mcnl. has been finished, and the assay J iM furnace has been rebuilt nnd Is used H:JA l regularly. HijB " Mine Work. HjH I The mine work has been productive of Hlflr encouraging results, and special nttcn- J flBfl lion Is called In the report lo the. discov- H'MJ cVIus affecting the old Hungarian or cast ; vein. wMeh demonstrates that, contrary H'Ht' to opinions hold by former operators, l tho vein continues at depth iu.JJm com- HJ pany's own ground and docs not 'run off IH I into adjoining territory, as. was for a Hint ' long time contended. This feature of the H H mine's recent development was cx-H cx-H mm i plained In detail in xhese columns some Il ) monlhs ago. HH; From the 1500, 1700 and lSOO-fool H ffil ' levels crosscuts have been sent out. cast H vl I and west for tho most part, and arc H M r opening up some of the older oro bodies H mm and arc also demonstrating the possl- HiU " bilitles of new territory. Attention Is HiK called to the fact that the 1800-foot HJH1, level, formerly very wet. Is now quite HSJ dry. Connections have been made with Q the old workings from the 1500. 1700 and ' 1S00 levels, so that splendid ventilation H H for the mine Is assured. The main shaft, which Is now some H thirty feet below the 2000 level, has eu- '.;! , tered that same formation as was cn-H cn-H H " countered on the 1000 level. The vein Is H H1 also reported as showing stronger and H Ht the gangue. carries some good ore values. H; Mr. Coffin"glvcs It as his opinion that. H Hi considering the present condition of the H H; mine, the properly gives every promise H H of eclipsing by far any of its past rcc- The, financial statement presented at Hi H. the meeting showed a balance on hand H HJ ' December 31. 1900. of 5J.18S.2l. The pro- Hjf rccds of all assessments have been cx-H cx-H Ul ponded In development work and Im-HBHI Im-HBHI provcmenls. |