American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1866-08-29
THE HAMILTON
6uld & Silver 3glining On.
OF NEvA DA.

Tho property OF this Company Is ssltulted IN the Mams
moth and North UnlSn Ainnise Districts, Nye county
TEBGES IN WIM rH MINING DISTRICT.
The Winnebago Ledge. hundred feet.
" Union Ledge. thh0usnnd feet.
" Red Jacket Ledge, ,......"...ono Thousand feet.
Wabashaw Ledge Eighteen hundred feet.
q" 0jibwa Ledge,..,........... Twelve hundred feet
" Mammoth COin=tock Ledge Eighteen hundred fe9t
Yellow Jacket Ledso'''''''.' One Thousand feet
" Comet Ledge, thousandd feet
Leviatlian Ledse,..........'.Elshtecn hundred
Emerson Ledge.....,...,....une thousand lee
LEDGES IN NORTH UNION DISTRICT
The Hamilton Ledge ......,..Twelyc hundred fsct.
Hamilton Ex Ledge hundred feet.
- Dccotah hundred feet
" Grass Valley Es, Ledge,-..Twelyc hundrel feet.
Bushnell Tx Ledge, ......- Twelve hundred feet.
- Forest Queen TX Ledge.....Twelvc hundred feet.
Pony EY' & Twelve hundred feet feet
The Officers and Botrd Of Directors Of this Company
present the above combination Of twenty rich and vau
able Silver Ledges, comprising twenty-five Thousand
feet which they confidently believe embraces proper
~ profitable silver mining unsurpassed by any on
| the Pacific coast .i.. p
This property sole I'd and located by practical
and Experienced miners among the hrst In North Union
| and Mammoth. which arc justly regarded among the
hest silver mining districts IN the State, Of
the richness of the ores the width of the vc"s the fine
timber on the mounnin, and tho sat basins and grass
| IN tho valleys.
that will not be verified aud prefer Understanding
what they believe the results will prove. Fuel is an
item OF great in many OF tho districts 1he
Curry, ophr, Savage, AMI other celebrated mine in
Wnshoe paying from fifteen 70 twenty dollars per
cord for wood twenty stamp mill will consume hi-
teen cords wood per day. s5 per eUrd amounting
to S.2j per day. In the Mammoth and North Union
districts would be simply cutting 81 cord
per day There large saving on this item. In the
nsuml tiOn of salt, which is sEg y nse1 In mining
operatioa the saving would not be less than SO per
ny over many other districts these Items there
is an advantage cost of running twenty stamp mill
in these districts which would make handsome yearly
profit uf itself
property the present time, but To hold II Ia reserve
for future dispositions either to form pait OF into
Other organizations or TO Greet other mills, as may be
deemed expedient twenty stamp mil nosr well,
sclcct ell lode will pay large dividend the capital
the istwo king year, and leave reserved fund tn me
treasury to be applied t. the erection of another mill
This Company intend to erect frstol,ss mill near
tho Wiunebag1 lode, which I. fur and one.haif feet
wide and is considered one OF the richest silver lodges
in Nevada aud will anor an ample supply oil orc fer
| twenty stamp mill.
Proisssar Biachiy who IL a scientific, reliable, and
very cautious gentleman, says # this iode:
q This is strong vel. .defnei vein, shooing ereIy
f1dicdtion Of dsom and permahenee. re ore IS q
great richness anil rceH digltsed throughout He rein
and all the oH pay fOr fo1rS ing from ne re'y snr
face This is a rery cdialbs minroRd can be made n
a Mining Engineer
I.s more than dou5tfal /, Professor Batchy speaks
J in these terms of any other mine In Nevada.
| twenty stamp mill crush twenty tons per day
but sy that it crushes Is tons per day, Choice spool
from the Winnebago l,de has assayed sll3l per
toni is low estimnts to sny that Will give an hv-
crnge yield Of $50 per ton, taken rs comes nom the
vein Fifteen tons pep day wn.d yield s.2'ji the ex,
pcnses Of crushing these districts will not exceed 80
per ton or $3.50 Is tons, leying net profit u $500
for working day, molthiy profit Of over $4,000
| for mill.
| This stItemcnt NAV seem large, but It is proven by
the results mills In districts less iayorably o-
Gated We confidently bciievc theres no other invest
ment will pay such large turns ~ silver property
when we'll located and the mills properly m'hsed
Tie managing dire tor IS an experiences am lstctlca
silver ore w,a xr all It's eiaisi he ~ IN the prime OF
life. of excellent habits an n"nt'hie ee gy ne ia
heen ons and tiY6rahly kua~n % onr rreshicnt dov
Ramsey, and to Mr. FRANK se'' 1ns " ~ a., % ~ %
Directors and with whose Oh opinion 81 VII Hiili
ton the lion A. w Ronall, First Asst tant tos'ma tr
General and Gov. farwrl, OF Wisconsin, also Col Bur
bank OF Minnesota fully concur lie Is one oi the dis
coyerers Of this property and is argely iniered IN H.
and will certainly take great phde IN dischargns his
duties promptly aud scoDomcair ,ad 10 such ma n
ner as TO make the Company sycess which bears his
name. u.
ma lager as financial agent.
The plan Of organization Of this Company offers Pc
cuar antages to the subscribers IL gives them Sc
curity nsures them large interest upon their money
and provides for its reimbursement In snort time, leav
ing them their interest in the stock free Of cos.
The Company reserves for the treasury sS50,9J) or
10000 shares OF stock and will sell 1000 shares at par
value OF $500. full pail. These fufty thousand shares
are preferred stock to bear % per cent dividends Per
par value isrefuned IL also shares In dividends with
the stock all profits of the mines over and above
twenty-five per cent, the Company reservIg tne fso'
to redeem this preferred stock any time by the pay
ment of the par value thereof ondint rest The pre-,
iefred stock after shall have boen pady oi
twentyfvo Ger cent or otherwise, to take grade with
the common STICK viii share all Pronts Oh He nhes
equally
This equitable plan Is evidence Of me good th u
this Company and their confidence Ia hepsoperty IT
uarantaes te the subscriber the whole property and m
Tor the payment of the preerrel stock ae
nsurrs The aymepi Of IT speedily leaving bis interest
in The Company without cost No oiher stock will hn
old excepting the drccrT ed stock, until the Company
mines pay dividends M a.
This Com pany have liberal charter granted by spe-
cial act Of The Lesislure Of Pennsylvania The title
10 this property has been carefully ex,inned aud pro-
nounced good The product Of silver mines is different
rom iron coal copper Lad, which are infinsnced
by the fne uatiuns Of tbe market The Prec ions mo
al4 the STANDARD Of value when onee producod they
Jas T. McJuDkin, Esq, Travelling
A6ent to take subscriptions.
July lstniss6,