Rocky Mountain husbandman. [volume] (Diamond City, Mont.) 1875-1943, 1878-02-14

ouo Unless Cney comply, and nave already
taken 80 head of their horses" Our tacili-
ties tor getting news from the eastern por-
tlon OF the county are very good, and we
think If there had been any serious depre-
dations on the Judith we would have been
apprised of it before this date.
ARTICLES of incorporation OF the Diamond
City Flume and Hydraulic Company, of
which James King, w. E. Cullen and Chas.
Duer are the incorporators, was filed in the
county clerks office a few days ago. The
OBJECT OF this company is to carry on placer
mining in the bedrock flume formerly oper-
ated by King & Gillette. The capital stock
Is $lO0, 600 in shares of 800 each. Messrs.
King, Cullen and Duer are the trustees for
the first three months, after which they are
to be elected by the stockholders. The ar
ticles provide that the stock shall not be
subject to assessments, and the entire man
agement is to be controlled by Il majority
of the shareholders. This flume having
been successfully operated tor a number Of
years it would seem that a much less capital
than 100000 would operate it, since it
Would take but one or two months work
before there would again be an income of
money from the mines. 1t will probably be
the plan of the company to acquire the
other mining claims above theirs and con-
tinue to operate the flume, which would
necessitate some capital. The position OF
this tlume is such as to control, to a great
extent, the claims above it, as they can not
be successfully worked without it. The
cornpany's ground, which consists of a
thousand Or more feet, is undoubtedly very
valuable, and will of itself pay the company
for the necessary outlay in working it. At
the head of the ffume the pay streak was a
little over one hundred feet wide, and from
the best information we could obtain at the
time of working, it was very rich and paid
a very handsome return for the investment
and labor. 1t is nearly all solid ground,
only one drain having been cut through it
and a part of Il claim worked about midway
up, which, though worked, under disadvan-
tages. paid we'll. The claims above are !
known to be good, and as yet they have
only been partially worked. Montana and
Diamond bars, which overlook them, We're
the richest claims and yielded more to the
country's wealth than any bars ever worked
in North America. 1t is estimated that in
working nearly halfofthe tailings and sticky
clay, in which the gold is deposited, was
dumped through the short fumes before
dissolving into the gulch, where it still re-
mains, and contains of itself halt as much
gold as the yield of the bars, and would
well pay for working through a long ffume
The extent of mines Which this tlume con-
trolls is fully four miles III length, and it will
take u number of years to work it out. 1t
is undoubtedly a good investment for capt.
tai. and as soon as the books are opened we
lave no doubt but that considerable stock
will be taken by miners and business men
here. The claim owners above this COM
rsany, by not consolidating and buying out
King & Gillette and abstracting the gold
themselves, have let the golden opportunity
nrass. We trust u sufficient amount of stock
will be taken in time that the new company
nav 30 ahead with the work in the COMING
Sumner. 5