American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1866-11-14
THE HAMILTON
Guld & Silver a}liaiug o.,
aaa oE yADA.

Tho property OF this COmpnuv issitu1ted I'm tho
moth and North Union hnini,e Districts, Nye County,
| State of Nevada, and comp the following named
/ iedges Of siirer bedripg gapirS:
LEDGES IN MAMMOTH MINING DISTRICT.
The Wnnebago Ledge. Twelve hundred feet.
Union Ledge. .;.............One thhousand feet
q Red Jnckct Ledge, One. thousand feet
Nabashaw Ledge Eighteen hundred feet.
Obwa Ledge, Twelve hundred feet.
Mammoth Comstock ledge, Eighteen hundred fe0t.
Yellow Jackei Ledgc,.........One thousand feet.
" Dccotalr led ,............Twcly hundred feet
" Cpmet Ledge. o..............~.0 One thousandd feet
lcvathnn Ledge, ge,.........-Eghteen hundred
Emerson Ledse............. one thousand fee
LEDGES ~ NORTH UNION DISTRICT.
The Hamilton Ledge hundred feet.
Hamilton TX LEDGE e........-Twelve hundred feet
g ojbwa Ledge. Twelve hundred feet
0rnss Valley Tx, LedgeT Twelve hundrei feet
bushnell Ex, Ledge. Twelve hundred fe ct
g Forest Queen Tx Ledge,......Twclve hundred feet
Pony EX. Ledge; ..-.........Iwev hundred feet
The Officers and Board Of Directors of this Company
present the above combination of twenty rich and yalu
feet, which taey confidently believe embraces proper
ty io profitable silver mining unsurpassed by any on
the Pacific coast
This property was seie ted and located by practical
and experienced miners among the first in North Union
and Mammoth, which are Justly regarded among the
best silver mining districts in the State, account Of
the richness Of the ores the width Of the veie the ne
timber on the mountain, and the salt basins and grass
This Company do not design to set forth statements
that win not be verified, and prefer Understanding
| what they believe the results will prove Fuel Is an
item OF great expense in many Of the districts The
Curry, Ophr, Savage and other celebrated mines in
Washoe are paying non fifteen To twenty dollars nrr
! cord for wood Atwenty stamp mill will consume If
teen cords of wood day. at SIS per cord amounting
to S225 per day. In the Mammoth and North Union
districts would be simply the cutting 81 per cord 500
per day. There large saving on this item In the
nsumitionof salt, which is larg ly used in mining
operations the saving would be less than $50 per
DAY many other districts In these items there
is advantage in cost of running twenty stamp mill
in these districts which would make handsome yearly
profit Of itself
1t Is the intention Of the soapany to work all this
property AT the present tme bur to hold 1t tn reserve
for future disposition. either 70 form part of IL into
other organizations or to erect other mills, may he
deemed eNpcdent. twenty stamp mill near a Welt
selected lode will pay large dividend the caphal
the inst working year and leave reserved fInd In Ill
treasury, to be applied To- the erection of another mill
This Company intend 10 erect ftstclass mill near
the WnEebago lode, which Is four and one-half feet
wide ands considered ono Of the richest silver Lodges
in Neyae, ard Will afford an ample supply Of for
Professor Batchly, who is scientific, sabe, and
very cautious gentleman, says Of this lode:
9 This is strong welldehned vein, shoic,Rg erery
f1diedtton Of lcp,h and permdnencc. The is Of
great :iehFsss, and aOeH diGsed throughout he rein
face. TEi very raluabie nfnc dnd be made 10
pay from a'e IegiepiRg" A. BLtrcHr,
Mining Engineer
It is more han doubtful If Professor Biachy speaks
! in these terms of any other mine in Nevada.
twenty stamp mill can crush twenty tons per day;
but say that it crushes Is tons per day choice spec
mons from the Wnuebago lode has assayed sll35 per
toni II Is low ostmate to say that il will give an av-
crage yield Of Stt0 per ton taken from the
pcnses OF crushing IN these districts viii not exceed so
ey ton, $3.50 tor 10 TONS leaving pet profit of $500
for working day, or monthly prdfl OF $4,000
for one mill.
This statement may large but It Is proven b
the results Of o.her mills in districts less favoraby To-
Gated. We confidently believe there is otherinvest
ment will pay such large rrturns silver property
when well located and the mills properly manage
The managing director Is experienced and pf ical
silver worker in all its "details he Is in the pri Of
lie OF excellent habits and indonitabie energy has
aheenong and fayorahly known 70 pur PRESIDENT ,rov
nd 70 If lnf
s az Wv Tas Rs f3ps snlGa S1 TG Mss
General and Gov. Earwel OF Wisconsin, also Cot Bur-.
bank Of Minnesota fully lie Of the dis
eoTerers of this properly and is argey interested N it,
duties promptly aud economicair and in such man
neF rs 70 make the Company syeess which bears his
trustworthy and competent clerk gas Out with the
ma lager ashnaneidl agent .,,t
The plan Of orsapt9dien Of this colanany offers Pc
eunty si. them a. eihtessst uies their money,
and prov d ;, ff reimbursement a short time leav.
ing them tner Interest in the stock free IF cost.
Thh Company reserves for the treasury s35O,0Jo or
10000 shares of stock and will sell O0a shares al par
value OF 5000, full paid These forty thousand shares
preferred stock to bear 25 per cent dydens per
anaun out Of the FIRST earnings Of the mines until The
par value is refunded. also shares in dyidends win
the stock all profits of the mines oy and aboye
twenty-five per cent, the Company reseryine he rlzt
to edeem this prefer red stock al any time by ~
ment of the par value thereof, oni Interest Thepre
erred stock aer 1t shall have been paid by
twenty five per cent? or otherwise, to take grade with
ae stock, will share all profits OF the mines
equally.
This equitable plan evidence Of the good iaith Of
this Company, and their confidence tn the property IL
guarantees thesubscrber the whole property and i'm
pfoyements The payment of the preferred and
asures the ayment Of it speedily, leaving his interest
Ia the Company without cost No other stock will be
sold excepting the drecrred stock, until the Companys
mines pay dividends.
This Company have liberal charter granted by sns
cal act Of the Legislature Of Pennsylvania The title
to this property has been carefully examined and pro-
laaH xuAafa fuAsr