Show LEAD MINES NET QUARTER MILLION IWON Famous Property in Lincoln County Nev Sold Sole to I Syndicate WILL BUILD BRANCH LINE INE New o Owners 1 C 15 c Connecting Mimmo With Las Ins V 1110 HOlte The ions fan Groom lead lend mines In Iii I the Groom district Lincoln county p X Xa Nevada a a have been sold soul t to a pL L and Eastern syndicate of which Chas B. B D a wealthy operator of ol Goldfield Is the time moving spirit The Thu S consideration Is I 10 per cent ceni centor L o at or which has been paid down with I the remainder to be lC hI paid palt In six a and I I twelve months The deal was closed I In Phoebe two or three thre e days ago and amI t T. T J. J 1 Osborne one ono of or the chief chile owners i of tho the famous old ohl property verified I the report of the sale upon his arriva at 1 from Crom camp yesterday Mr Osborne together with wih William Wheatley o of I and anc Patrick Sheehan manager manager of or the tho Lost Pac Packer IcI company's properties prop prop- ertes were the tho chief owners of or th the ground round and Mr Osborne states tha that t the deal was wa closed only after c a 0 I. I searching examination of tho the property 1 by ly the engineers of the f crow crowd Io Location a Hon of or Mines The Groom mines are arp located abou about t loll miles mies southwest of or ant and amI I Iten ten miles nilles mies from rom coin the Nye Nyc county line about midway between the am ant Bullfrog countries count The ores are art rated rat rat- ant ed eti an CI the tho best lead-Iron lead ores oreM in the titi entire entre region and ami the product is i one oni that commands a high premium a ot t the time smelters smellers In the tw early arly days lays 1 I I was as possible to haul this hits ore ole to and oven to and anti mall market it f a aa at ata t a good profit notwithstanding the tho low by ice of or lead Now a mile fifty fUty him hau I will wJ land Janc It at Indian Springs or 01 Ash As I Meadows on fl the tho Clark roa road between Vegas and anti Bullfrog and 1101 this 13 Is 11 tho thi wa way It I will wi be taken tall out hereafter of or Pin rs Mr Osborne states that It I Is the r intention to organize a t company for Cor the purpose r of operating tho the mines mineR and building a branch railroad oad line lne from flom the mos inos I convenient point on oi the Vegas Bull frog flog route and that oJ the matter wil 1 be bt taken up right awa away When wil thi Uli C Is done lone Mi Mr Osborne believes the ioa road i will vilI wil he be extended to 0 o other tu l' l camps ii in 1 that region legion and that many of or the old oh 1 mines mimics in th the Freiberg am I other regions region will wJ ho bo brought blough t rapidly ta is the front 5 |