The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-03-15
COLD AND sILVER MINING.
nIVIDEN NDs IN GOLD,
FROM THE GOLD MINES OF
MON TANA TERRITORY
RICHEST IN THE WORLD!
Hubbell and Patton Gold
and Silver Company,
OF THR

CITY OF PHILADELPHIA STATE OF PENNAr
Have secured the largest and most valuable
opened Mines in Montana, being the %. or,@glnai @
discoverv claims They have three shafts down
60 feet on the ALTA, GklIhL1t anu hOME
TIC KET IODES, and many IONS o! the Golu
ore have been tested by Arastra Mills, stamp
lis average Weld was s93 gold, per ton, by
stamp mills; and the taillngs, which arc loss,
assayed S2OJ per ton. II assays regularly ABOUT
$3.50 per ton. The Hubbell ana faJIon nlaCnIne
takes out g5 per cent. of the gOld-an immense
item. one of these double machines is ABOUT
ready to ship TO Montana. They take out
Harrison boiler, and two rly-horse power
engines, They are positively prepared to mine
out 5000 tons of ore in thirty days which should
yield at least S5OO000 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 Ine opPosiiIe SUE
of Trout creek. Their capacity for work Win
only one mill the coming season, VIII be 10 lake
out about a Million of Dollars IN gold Inc
amalgam OF gold comes here to be refined. The
mines are paid for in stock. at par The titles
are perfect
This Company offers greater inducements,
free from risk than any other corporated Com
pany ever organized, exclusive OF the projectors
thoroughly scientific, and practical miners and
machinists.-(See PTOSpectuS)
Capital, 81 OOO 900, in 20,00e shares at $50 each
only 25OO shares Preferred stock.
The only stock to be disposed of is $500 shares
Capital issued at S2O per share, full paid, liable
TO no further assessment and to be subscribed
Only upon JD6 lOllOWluR COuulJlOuS.-
1st That said $4,000 subscribed in currency
on the preferred $500 shares shall be returned
in gold, as divid, nds on saiu preferred stock,
out of the first 100000 net produced by the
Company.
Cd 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 300 shares of preferred
stock,
3D. That said $4,000 shall be deposited in the
best National Bank of Philadelphia, and no
part thereof can be drawn or used unless by
authority and approval of the Board of Dt-
rectOTs.
4th. That officers of the Company receive no
salary or emOlument whatever until the said
$4,000 is paid back To the subscribers in full in
gold.
5th. That the Hubbell and Patton Crushing
| Machine and A1nalgamator, immensely Valua-
! bic inventions, belong to this Company eX-
! pTessy. No other Company has been privileged
! TO use them. The cruShCr'S wonderful power
equalling mill of forty stamps in tons reduced,
and releasing by its superior pulverzaton
| about twice as much gold per ton a forty stamp
! mill " ould cost SlOO,UOO This machine cost but
| $4,000.
9th. That said $500 shares preferred stock,
| with its dividend is better security than a
| first mortgageo on the immensely valuable mines
| and machinery of the Company
| 7th. The mines of this Company, from aScer-
| tanned facts, as to width and richness of the
| lodes or ores, are estimated to contain to the
| depth of only 1000 feet, at least l327777 cubic
| yards OF ore, which will yield about $500 per
yard. amounting to S265,515, 400.
This is undoubtedly the most profitable in
| YeStmeht ever offered Call for n PROSPECTUS.
| The Preferred Stock is Tor sale at their Ban
! kers. [2N