American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1866-07-18

The Oficers and Board OF Directors of this Company
present the above combination of twenty rich and
able Silver Ledges, comprising twenty-five thousand
feet which they confidently believe embraces proper
ty for profitable silver mining unsurpassed by any
the Pacific coast.
This proprty was selected and located by practical
and experehced miners, among the FIRST in North Union
and Mammoth, which arc justly regarded among the
best silver mining districts in the State account OF
the richness Of the ores the width of the vees the fine
timber on the mountains and the salt basins and grass
In the valleys
This Company do not design to set forth statements
that Will not be veffed aud prefer Understanding
what they believe the results will prove. Fuel Is
item OF great expense in many of the districts The
Curry, 0phir, Savage AMI other celebrated mines in
Washoe are paying from fifteen to twenty dollars per
cord for wood. twenty stamp mill will consume if-
cords Of wood per day, SIS per cord amounting
to s225 per day. In the Mammoth and North Union
districts II would be simply the cutting per $50
per day. There large saving this item. In the
neumption of salt, which is larg ly used in mining
operations, the saving would be less than $50 per
DAY many other districts In these items ther
Is advantage in cost of running a twenty stamp mill
IN these districts which would make handsome yearly
profit of itself.
1t is the intention of the Company to work all this
property at the present tis but hold it in reserve
for future dspostion either 70 form part of it into
other organizations to erect other mills may be
deemed expedient. twenty stamp mill near well.
selected lode will pay large dividend the capital
ba ~ sn & srecnn % endhsr M milf
This Company intend to erect firstclass mill near
the Winnebago lode, which is four and one-haf feet
wide aud considered Of the richest silver edges
In Nevada, and will afford ample supply Of ore for a
twenty y-stsmp mill.
Professar Blatchly, who Is scientific reliable and
very cautious gentleman, says Of this lode:
6. This Is strong well-defned yeIn shooing euery
indication u depth qnd Petmdnenee The ore Is Of
great richness, and treH difiised throughout the rein,
and on AeOye oiH pay for ,gOrking from tie v,sy sur
Jdce This is very rdtudbte mine and can be made TO
pay from ns be0inaing" y. BarcnLT.
II Is than doubtful If Professor Batchy speaks
In these terms Of any other mine in Nevada.
twenty stamp mill can crush twenty tons per day ;
but II cruShas day fchOice speci-
mems from the Winnebago lode has assayed Sll32 per
tomb it Is low estimate to sgy that will give an ay-
vein Fifteen per day would yield $3.50; the
penses Of crushing these districts will not exceed $50
Tor working day, a monthly profit Of over $4,000
for one mill.
This statement may seem large but it is proven by
the re suits Of other mills in districts less voraby To-
Gated We confidently believe there is no other Invest
ment will pay such large returns as silver PROPERTY,
when we'll located, and the mills properly managed.
The managing director experienced and practical
silver ore worker in all Its details he Is Ia the prs Of
life Of excellent habits and indomtable energy hshas
been long and fayOraby known to onr President, pov
Ramsey, and to Mr.. Frank Steel one of the Board Of
Directors and with whose good opinion Of Mr Hamil
ton the IIon.A w Ronda First Assistant Postmaster
General and GOV Farwel of Wisconsin, also Col Bur
bank OF Mnnesota fully concur lie Is one OF the as
coyerers of This property and largely interested IN
duties pysmp6y and Economically, and 10 such @ag
ner as to make The Company success which besr' bis
manager as financial agent
The plan Of organization Of this Company offers Pc
culiar adv anages 10 the Subscribers II gives them
curty nsures them large interest upon their money
and provides for its reimbursement In short time leay
ing them their interest in the stock free Of COST
The Company for the treasury s350,0J0. or
10000 shares Of stock and will sell 1000 shares al par
value of $500, full paid. These forty thoasand shares
preferred stock to bear Is per cent diVdends Rer
ont of the earnings Of the mines until the
par value refunded IL also shares in dividends with
the stock all profits of the mines and above
iva Der cant tba reseTrIng the right
70 redeem this prefer stock any time by the pay
tent the par value thereof ond interest The pre-.
ferrsd stock aer II shall have been paid BY OF
twenty i've GER CENT dr ofherwiss TO ake grade with
the common stock will share all profits Of the mines
equally
This equitable plan s an evidence Of the good faith Of
this Company and their confidence in this property. 1t
guarantees to the subscriber tho whole property and
improvements for the payment Of the prefer ed stock
and insures the Of it speedily, leaving his IN;
ssrest in The COMPANY without cost No other stock
will be sold oxcepting the preferred stock until the
Company mines pay dividends
This Company have liberal charter granted by spe-
cial Of the Legislature of Pennsylvania The title
to this property bean carefully examined and pro-
bounced good The product silver mines Is different
from iron coal copper lead, which are influenced By
the standard Of value, when once produced, they
have no market 70 seek. but make their own market
j. L. M,Junkin, ESQ.,, Travel
ing Agent 10 take Subscription.
July Isfb 1889 =