Show strong company w organize organized tf will spend prospecting under townsite property Pio pi perty will work through chief cons A nem ne million dollar mining corn com piny has just becat la i ichen fir fr the p ot of for arii maeral oral benedith lie huriega I 1 ity try Tori site the i e ew cc u aich I 1 as bee dorgai laed bj by 1 ater xa ia bi cli ell di it t aasc ates tiu hu tie read to sj ad noi not tha i 1 1 buu lit ib th cien t of t tt b bround will ba bt ki hl own ds is the lum kait mining lining tin ahe 1 I he cap tal anon I 1 is boon I 1 faced at u sa s1 1 OU OUO divided i to sl ar 9 of the pai pat nal 1 e of fl i each eh itie the ot of tt ti e con t ai at y ale die aa as follow e waltel bitch litch pres abent I 1 lank D i imbach vice I 1 resi resident deat aubery fitch becce tary a d treasury tica bur and the e with I 1 J ID unhOly james P driscoll Drie coll irs ella salli a ai ar d cecil I 1 inch itch col cot u s i 1 tute tutu tl e board ot of directors the coo con pa y haa has been organized ui lit dei det the laws ot of arizol a a ia bait it la is generally understood that tha t a good s zed zd block ot of will ren din ain iff nt the treasury to be used tor for cut en purposes pui posea poses as the company e shades die non as ses sable mr nir bitch litch s plan ir brief is about as follows he proposes pro posea to make liaise every person who owns property in the eu ell reka city townsite lown size site a shareholder in ili the nev nem compoi y which I 1 e haa has or the owner of an acre of ground in the townsite will be entitled to one thousand shares of stock in the new mining company and those ov oa ning more or leys less ground will re ceide shares in proportion to the act abie e age of their all that the new compoi y asks is that the proper ty jwj eis siu sign a deed giving the hu re a city mining co the under blound rights to the townsite proper ty As boon as these deeds can be signed up prospecting for mineral beneath thi of the townsite property will commence most likely 4 through the shaft of the chief oona cons k co cc which is situated in a splendid position for handling this work no prospecting ull be earned on less than feet beneath the surface and consequently there can be no object tion to the ion upon the ground that irwill it will endanger surface improvements or even the wells now anthe lands the chief cons co is now g its shaft to the 1800 level and from that point the eureka alt city y mining company expects to start its main drift driving it in a northerly direction directly u ider the townsite from this main drift at intervals lateral crosscuts will mill be set off the shaft at the chief cons property v mill ill reach the level by the first of oc tober and immediately thereafter the aho ahm e mentioned drift and for the lureka ut cit ining compa ay iy be started mr pitch astina 3 that it will require about to sears years to h main crift sho ho ild lid the burtka it mining c n pana a I 1 e 9 ifal in g up tip ore in the ro ind u hl h the property pro erty owners of this city cit are nou tran transfer fer ring to them the shares in the ue lie co u would oud be of great alne and even if the oi is 14 not 0 01 e ie I 1 up the launch ip of the no anijan y lill all nean the pap i ht lit ire of na rely 0 a d thi this can biot help helal i t 11 t be of vast I 1 el or eft to the tle ca tip the ire now d in soc in g fr it holders dee is to their nil mi leral r h 4 and in ret irn for the same ar ara de iv ering stool at the rate of 1090 1000 aha sha e per acre it pai me t ta tie e lot om o 0 it ra rs are not aike 1 ito to contribute a cent f money mone to the ne tie v enterprise a d dj consequently ha have P evet thing to win and n ty tiding ing to lose mr fitch is the pres pros dent of he chief cons co and i he became interested in gintic a choit t in a alo 0 he brought w th him the support of some of the tit at st wealth capitalists of michigan where he be was mas eng engaged aed 0 in mining for thirty years there is in the neighborhood of lots in the townsite and when it is understood that the titles to these lots will all have to be examined that deeds will have to be secured born fi om nearly 00 different parties and stock steel certificates issued in payment for these deeds some idea can be obtain ed as to the large amount of work and heavy expense attached to the organization of the nen bomp ina the plan has already met with the hearty endorsement of eiery everybody body that has been approached and ana made acquainted with the project and many of the most prominent citizens and mining men have already exeen ted deeds giving to the mining co n pany the mineral right of their city cit holdings |