The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-03-12
GOLD AND SILVER MINING.
DIVIDENDS IN GOLD,
FROM THE GOLD MINES OF
MONTANA TERRITORY.
RICHEST IN TIE WORLD!
Eubbell and Patton Gold
and Silver Company,
OF TIE
CRY CT rHIADLLpHn STATE OF PENNA.,

CRY CT IHIlADLLPHIA STATE OF PENNA.,
Have secured the largest and most valuable
opened Mines in Montana, being the original
discovery claims They have three shafts down
90 feet on the ALTA, GRIZZLY, and HOME
TIC KET LODES, and many tons of the Gold
ore have been tested by Arastra Mills, stamp
Mills, and by assay.
Its average yield was s93, gold, per tonl by
stamp mills; and the tailngs, which are loss
assayed 500 per ton. II assays regularly about
$3.50 per ton. The Hubbell and Patton Machine
takes out % per cent of the gold-an immense
item. one of these double machines is about
ready to ship to Montana. They take out a
Harrison boiler, and two thirty-horse power
engines. They are positively prepared to mine
out 5000 tons of ore in thirty days, which should
Weld at least $500 000 They have secured q large
water right and mill lot for their operations on
Trout creek, at the foot Of their mines. New
York city of Montana lies on the opposite side
OF Trout creek. Their capacity for work with
only one mill the coming season, will be to take
out about Million of Dollars in gold. The
amalgam of gold comes here 10 be refined. The
mines are paid for in stock, at par. The titles
are perfect
Ihis Company offers greater Inducements.
pany ever organized, exclusive of the projectors
being gentlemen of the highest respectability,
thoroughly scientific and practical miners and
Inachinists.-(See ETOSpecttS)
Capital, 81 100000. in 10000 shares at $50 each.
Only $500 Shares Preferred Stock,
The only stock to be disposed of is 25OO shares
preferred to be used exclusively as "a Working
Capital issued at $50 per share, full paid, liable
10 no further assessment, and to be subscribed
only upon the following conditlons-
lst. That said $4,000 subscribed in currency
on the preferred $500 shares shall be returned
in gold, divid, nds on said preferred stock
out of the first 100000 net produced by the
| Company.
! I'd. That said Company shall have thirteen
! Directors under their charter, nine of whom,
out of said thirteen, shall be elected from the
subscribers to the said 900 shares of preferred
stock.
| Sd. That said 900 shall be deposited in the
National PDilnIplp no
lart thereof can be drawn or used unless by
! authority and approval of the Board of Di-
lectOIS.
4th. That officers of the Company receive no
| salary or emolument whatever, Hntl the said
$4,000 is paid back To the subscribers in full in
gold.
5th. That the Hubbell and Patton Crushing
| Machine and AmjU gamatOr, Immensely Vulua-
| bic inventions, belong to this Company eX-
pleSSy. No other Company has been privileged
10 use them. The cruSher'S wonderful power
| Gqualling mill Of forty stamps in tons reduced
and releasing by its superior pulveTization
about twice as much golu per ton; forty stamp
inil would cost SlOOOOO This machine cost but
&5tdU,
9Th That said 25OO shares preferred stock
with its dividend, is Il better security than a
first mortgage on the immensely valuable mines
and machinery of the Company
9TH. The mines of this Company, from ascer-
iained facts, as to width and richness OF the
depth OF only 1000 feet, at least l,327,777 cubic
yards OF ore, which will yield about $500 per
yard, amounting to o,555. 400
This is undoubtedly the most profitable in
vestmeht ever offered. Cali for PROSPECTUS
The Preferred Stock is for sale at their Ban
ker's. [2N
NO. 90 SOUTH THIRD STREET,