The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-03-16
GOLD AND SILVER MINING.
GOLD AND SILVER MINING.
DIVIDE ENDS In GOLD,
FROM THE GOLD MINES OF
MON T ANA TERRITORY.
RICHEST IN THE WORLD!
Hubbeu and Patton Gold
and Silver Company,
OF THE
CITY OF PHILADELPHIA STATE OF PENNA,

CITY OF PHILADELPHIA 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
TICKET 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 ton, by
stamp mills; and the tailings, which are loss,
assayed $500 per ton. 1t assays regularly about
$3.50 per ton. The HRbbell and Patton Machine
takes out 95 per cent. of the gold-an immense
item. One Of these double machines is about
ready to ship to Montana. They take out q
engines. They are positively prepared to mine
out 5000 tons of ore in thirty days which should
yield at least S5OO.O00. They have secured a 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 TO be refined. The
mines are paid for in stock, at par. The titles
perfect.
. his 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 PrOSpectus)
Capital, 81 000, 900, in 10000 shares at $50 EACH
Only $500 Shares Preferred Stock.
The only stock to be disposed of is $500 shares
preferred, to be used exclusively "a Working
Capital issued at $50 per share, full paid, liable
TO no further assessment and to be subscribed
lst. That said $4,000 subscribed in currency
on the preferred $500 shares shall be returned
in gold, divide 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 $500 shares of preferred
stock.
Sd. That said $4,000 shall be deposited in the
best National Bank of Philadelphia, and no
part thereof can be drawn used unless by
authority and approval of the Board of Di-
rectors.
4th. That officers of the Company receive no
salary 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 anu Amalgamator, immensely valua-
Bile inventions, belong to this Company ex-
pressly. No other Company has been privileged
TO use them. The crushers wonderful power
equalling mill of forty stamps in tons reduced,
and releasing by its superior pulverization
about twice as much gold per ton; forty stamp
mill would cost 100000. This machine cost but
5000. ..
with its dividend is better security than
first mortgage on the immensely valuable mines
and machinery of the Company
9TH. 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 l,327,777 cubic
yards OF ore, which will yield about 5000 per
yard, amounting to S265, ,555, 400.
This is undoubtedly the most profitable in
vestmeht ever offered. Call for a Prospectus.
The Preferred stock is for sale at their Ban
ker's. 2N