, 1865-02-06
JONES & SMALL.
fe4 ht76 3taet 10. rrko S.s
MICHIGAN iron COMPANY.

/ laA MICHIGAN 1RoS CoNrAyY ta an os.1.izstton
es tae pfos1alons OF the General Mining Law Of the
ous.s 81 alcnlgan. with capital stock ot S5cQnoo
divided Into 70. 90 shares Of S25 each.
thas purchased for tie sum Of AZ oa0 r,et nj LAM,
N Inc Iron range embracing some three hundred and
sh acses lccated In Section No. 1s township No. m
noftn CT Range No. q vest, Marquette county. Mtch
spva *ace sae1e - large cepcsit OF highly magnetic
gfag iron ore. Welding according totwo analyses ada
ii INC Atsay ONCE IN Marquette rom taIr spcciuenx
OF the ORC at different times. respectively 81 81 and
6A per cent metallic iron. Tho ore possesses 10 =
es1ta'n e1tent natural hu1 and qualities which rs
aerls easily fos1ole In furnace. quantity OF this
ore smelted In the Morgan Conpanyis furnace last
ial1, mixed with aoout.aa equal proportion OF ths
harder ore. worked samirAhy and to tho entire satI
iaeuon Of he superintendent, Ar. Harris. and pre-
auc1ne pls metal fully equal to any yet produce eyeu
om Lake Superior ores and pronounced hy prsctfc.Y
on men to be equal to the best Scotch Eig or fooudrT
purposes.
The Morgan Company were 80 wei satisfied OF tia
merits OF the ore, fom the t.1a ade py their ne1>
tntendent, that they ordered several nuntref tons
use during the winter, toz which they paid 81 50 ner
ten delivered aboard cars. 1oA
VOTE Ii nov being prosecuted fur the Development
CT the Atnes and with the toFce to be kept emoo,e4
during the winter. {om 20 to Is men, It Is brexs.R
that several thousand. perhaps 900 tons can be
mined next season, tor which amount there will ba
demand from the charcoal furnaces 1or Maruustte
county a1one at prices ranging $3.50 to 86oQ pe
ton, delivered Anoard CARS ut the mine. Estimating
Inc cott OF mining and loading cars to be 81 50 mar
ton, which Is outAlda estimate handsome IA ,r9tu
OF proft would remain to tho Company.
The Company having made arrangements with tna
AaEq1ette Ontonagon Railroad Co. f3r tho ourchas,
OF from oooto 90 acres OF ttmbered land adIon.nr
and surrounding their tcatton cost not to cxcee
xooo Fer acre. hara determined to construct Bs.t
Fnrnsce uptn the property at a. cary d.y as nr,cf
cable; and for this purpose and the construction at
oranch railroad TWO miles II length to connect with
The Marquette and ontonagon EalIro1d they ptouoaa
to invite subscriptions to the amount Of 3te5 no .t
Ing paid up Capital Of scto 0oo, or 80 share.
Ihe company are c5nfdent that they offer very xn.
perier Inducements tor the Of c.ptsl: an.
IN good. safe md reliable business and which even
IN ordinary times, cannot fail to b. zernunefs,tra
The furnace will be similar in construction
In capaelty< the Morgan Comp.ny's waih hss
proved me most suceessni Of any in this 1egloa And
with the mine properly opened and the furnace In
o!ast. Inc Company Will possess q property nar mr..
passed BY any Of It's ctasac er cn tho Iron range.
The httt eetinE Of the Company was held a. Msx.
quette on the 9th Of january LIST 1t which time thern
was chosen three Of the aye Directors reqnlf y thu
Articles OF ANoc1atiou. President pro tan, and 4
Secretary and Treasurer: the rem.in!ug Offices ara
LETT vacant TO be hereafter ed. The Secretary and
Treasurer Mr. G. cLARK Is authorized 70 receive
Subscriptions to The Btock. h.3 h2ssst net