Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1866-05-25

posing OF the large amount OF stock each holder
receives, at handsome advance.
With these preliminary remarks the following
PJs2pectus is respectfully presented.
Tho property Of the Company proposes to be
organized by the sale Of these '9rigina interests,
consists Of the following Ledges all situated with
in radius of five lailes Of Central City, COIora-
do.
Trail Greek District.
Mammoth Lode, de,a,......................of 100 feet
Never Fail Lode 200 feet,
Vanderbilt Lode of 2e0 feet,
onl9n Lode, 20o feet
Gold Ophir Lode,.......-. leo feet,
Trail Run District.
Holman Lode, 200 feet
Banner District.
ST. Louis of 100 feet,
Pensacola Lode, 100 feet
Upper Fail River District.
Aba Lincoln Lode, 200 feet
Nashoe Lode, ...,.........'..,.of of zoo feet
Minnie, or Louisa" Lode, of 200 feet
Riddle LodeI of 200 feet,
''Being a total of 2006 feet nearly half a
mile in length horizontally, of rich Gold -produ-
cling territory, of unlimited DEPTH together with
all the dips, spurs and angles, and also all
the metals, ores, gold, silver and other metal
bearing quartz, rock, and earth therein, and all
the rights, privileges and franchises thereto incl
dent, appendant and appurtenane eed, or Herewith
usually rad or enjoyed, under and subject to the
jurisdiction of the Government of the United
States
The titles to all of which claims have been ex-
amined by membee of the Bar, resident in Colo
rado.
His opinion is as follows:
This is to certify that have carefully examin-
ed the titles to the foregoing lodes or ledges and
am satisfied that they are perfect.
THOMAS MASON, Atty at Law,
Central City, Colorado.
=
the opinions Of numerous distinguished citizens
and men of science who have examined this dis
trict; the following extracts relate thereto, and
that of Professor Edward N. Kent in particular,
of the New York US. Assay Office is directly in
! point:
Our late lamented President-Mr Lincoln-du-
ring interview with Speaker Colfax, relative
1 to the hidden wealth Of Colorado, Nevada, &C.,
saids
II have very large ideas Of the mineral wealth
Of our nation believe it practically inexhausti
bie."
The Hon. j. P. Upsher, Secretary of the Inte-
rior, in the Official Report presented to Congress,
| dated December 5th, 1864, referring to the then
present condition of Western Territories, says:
'1fhe wealth embedded in the rocks of that exten-
siT9 region is actually mex haustible and il viii
furnish in future years, indirectly principal
part Of our means of liqaidating the debt con-
traeted by the Government for the overthrow of
the Great Rebellion"
The Hon. II. P. Bennett delegate in Congress
from Colorado, in speech before the House of
Representatives said: Judging from what I
know of the undeyeloped resources of this coun-
try; from what l told by practical miners who
are well informed upon this subject, do say here
to-day before this House and before this Country,
to be placed upon the records and read of all men
that within FIVE years time, and by the year
1869, the gold fields of Colorado Territory will
produce S50,O00,0O0 annually and even then its
I q 2. - ~. 4 I
main not wholly developed l speak from the
united testimony of many practical miners who
have spent many years in the mines of California,
when say that the gold-bearing region Of
Colorado is far more extensive,quite inexhaust-
ble, and the goldb bearing quartz of much richer
quality than in California"
Professor Edward n. Kent, of the New York
Assay Office, says:
Gas to the extent of the gold mines of Colora-
do, am not prepared to give an estimate, as
found enough to fully employ my time within a
radius of FIVE miles of Central City, [the location
of the above Lodges but as TO the richness of
THEM, have no hesitation in saying, that ! be-
Lere them to be the richest diseoVcred. With
defence, capital and the Pacific Railroad, Colora-
so is destined in my opinion, to rival supersede
California and Australia, and become the Ell Do
rado of the World"
The opinion entertained by those abroad Of
claims in this district, is shown by the following
extract
! English capitalists have purchased 960e,00 of
the Colorado mining lands, and their agents and
| employees are now route to develop the same.
| The claims are principally in Russell and Trail
districts, and reeent purchase has been the Sea-
ton Lode of 1000 feet for which they paid $780,
/ 600.
| An idea of the value Of some claims 100 feet
each) may be formed when the fact is considered
that often occurs that they yield millions of dol
| lars and haye in several instances been sold for
| So6 e. faa+ nf he
| Bobtail Lode has taken already over $200,000
/ in gold, and S266000 has been offered aud refused
for 345 feet of this same lode, equal to $300,000
for claim of one hundred feet.
As the purchase of either of the above lodes
would require more money than the majority of
persons have at command, it has been determined
| to consolidate them, and to divide them into
| Twelve Hundred and Fifty
ORIGINAL SH ARES
| which Will cost the subscribers hereto
ONE HUNDRED DOLLARS EACH,
| thus ahOrding the man of limited means, as Wen
as the capitalist, an opportunity to secure an in
terest in this region Of practically inexhausti-
ble' wealth.
As all are aware, the usual plan adopted for
| the development of such property Is to form q
| company and issue certificates Of stock. The
plan here proposed may be considered prctimiRa-
| ri to the formation of two OF more Companies on
these properties which subject to no royalty,
| lease or mortgages.
The SU5ScRIBERS can then upon tins solid and
substantial basis, elect officers from among them
selves, each subscriber being eligible to the posi-
| tion of an officer of the Company.
In order that handsome returns may be speedily
realized, these subscriptions based upon the
proposition that the subscribers immediately on
receipt of the Deeds (now ready for delivery, and
| which may be examined at the Office of the un-
dersigned before subscribing,) may lease theiI
lands on heavy royalties, at once Organise
Companies in the usual way for which there is an
ample basis.
10 accommodate those of moderate means
these "interests are put at Sl00 each, in order to
get the f,t filed at once aud to prevent any della
| in the organization of the Company.
CONSIDERING the numerous valuable "Ledges
which constitute the basis Of this enterprise-the
fair snd equitable features-the low prices al
which sirterests in it are offered, and that eacl
interest entities the holder to his pro rata shar,
of stock in all the Companies that may be organ
| lied upon them-also recolleeting that in all
there are only 1000 interests to be sold and i
would only require one hundred gentlemen cael
to take ($l000) to absorb the Whole, il is pre-
/ sumed that it is hardly necessary to suggest &
those desiring TO or more Of these orig
~ inf a. n asr