Salt Lake Telegram | 1902-02-25 | Page 6 | Cripple Creek's Taxes Are High

CRIPPLE CREEKS CREEK'S TAXES ARE ABE HIGH HIGE COLORADO SPRINGS Colo Cob Feb 25 President President D. D V. V Donaldson of the Colorado Springs mining exchange advocates advocates ad ad- the merging of small companies companies com com- panics on a a. basis equable to ers era Several hundred d companies are operating In the camp Many of ot them are financially weak Expensive litigation litigation litigation tion is resulting from real or fancied Infringements of or rights Strong companies com corn panics could thus be formed that would be able to vigorously develop mines owners Mine seriously object to the present plan and exorbitant rate of taxation in Teller county which in- in eludes Cripple Creek The rate especially especially espe espe- daily on producing non-producing mines is ex exceedingly exceedingly exceedingly ex- ex onerous having been Increased in increased increased In- In creased from to 1000 times the rate prevailing before beCore Teller county was formed from a portion of El Paso The Legislature has been asked by the Cripple Crip Crip- pIe Creek Chamber of Commerce to tomake make e the rate on productive non-productive mines the same as on other land In the count coun coun- t ty The Vindicator property outputted In January the tonnage being 1200 The ore came mostly from th the tenth level and speaks well for deep mining General Manager Campbell of at th thc Vindicator who with others privately owns the Laura Lauro mine Lee on Mineral lIneral hill bill Is confident that a new shipper will be added to the camp a as the result of the recent strike The cross vein values are proving up well The narrow 8 seam In the three foot vein Is bonanza stuff He He- believes that the rich float which has been found at the southwest base pase ase of the mountain dame came ame from this vein St. St o n own o properties in the vl vicinity of the Laura Lee Lessee Fitch operating on the Burns claim of the Acacia compa company y Is in ore in-ore ore which has baa yielded 45 a ton on a old two ton M Metallic shIpment The dumP of oC the e gold extraction mill estimated esti estl- i mated to contain tons fons Is being Worked over wIth han handsome the United profit by States Reduction and RefinIng ing log company The process being different differ differ- ent gold is extracted from tailings untouched un un- touched b by the first treatment