New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-11-03

The Nort Horn silver Mining Company organized under
e aTs OF the state Of with capital o. SiOO0O0O
S acquired ttie to the Great .iiopubc spanish Wolcots
mile Of the famous Horn silver Ledge Frisco Utah,
AoAt - miles southwest OF salt Lake CITY The spanish
and the groupings Of tue North norn Silver Ledge IN
cernug tle Ledge Professor j. j. Sewberry OF
o Columbia school oI ne aud an authority in both this
the most valuable bodyof silver Known exist IN any
To-day having greater ascertaaed value than any
Of The my be said that The norn Silver ' podaeed in
the rs nine months Of this year nearly g. 100000 and the
The properties owned BY the North silver Company
tenleBt the Horn silver and his report ndOrsod by
ie,sors NewDoGry aud Clayton Mr. Couch, In his report
Zach Of these claims embraces part Of the vein known
as Horn -lyer-ths having been applied the
first location made upon t. aud bsca the
Immense unparalleled body argenticrous ead
me surface feature. indications OF the vein rayersng
Tie several claims mentioned are IN my opinion indicative OF
valuable property or vein Of ore At no great depth know
pSI %, , Fr9 t 40 1 i'm conn @ 1 70
he nnbc ia lar famed neigbor the Horn silver with he
same openings no comparison But at depth OF one
q he Nort Horn silver wornss consisting s Of four
beng ID '-aly ooey o oh eoppr ore c,n+ n, Sol,
NJ j. r. B9mDsrsef ts SsSa3wn msrS,an5 Gr 3ai i
arrived here carly morning and visited the mines Of
IN most satisfactory condition and much beg ond my fan
Great crosscutng the vein u the WOlcott 10th
The Horn slyeroyer hal with tie same amount OF work
osr Of tn iorn Slly ~ The Great .cpublc WOcOtt
veins 100 200 feet wide and do not think there
g. another II this extn, IN sc country tell you now
Tat these mines Viii % me biggest ana best ever opehe
and fully equal TO the Horn silver Everyone who has seen
these mines s"nT5 9nGl ai ana nae SoGh ho
comp, ten ln the country
The blowing is an cxract from report Of the Special
Committee by ne Board Of Directors in July f1t
1aag me P29y5 YAH iI or This Punn has been
driven length oi "a iret-a IN IN neral IN tle hePHDhe
tunnel has been driven 3G io,t with the expectation of
crossculng me ven, Whcn oy the rr2ppinss sh 'Ns
width fom 80 to loo feet Ihey are putng down sah.
feet company with Mr Tim Foey, OF Leadylle We de-
o aS 4a s' sseRa oTS improving VITA DEPTH and very
promising visited she Vanderbilt mne and there
found tune which IS now IN 81 iee ne w9 th KIN a1o
ali. upper tunnel OF this mine. which now IN 25
most Important fee t. the nuty Of thG immense
vein running through is great pro eriy Several hundred
feet lls unne exposed vein Of copper ore showing
p tbe ysin n We Get the vein here as we have
ceviere and only moderate frade Of ore we,vil nave
tie mines aud most valuable properties on the
me foregoing report was written m s devslop
am "niiSr Of les ran sIO50jD the compaly viii be aDe to
place the mines dvideldpayng condition "ihin the
The entire amount the treasury stock Of the company
remaining uusod 600 share having been purchased by
syndicate Of the is made for subscription,
by the uudcrsig ned at - 10 per shave.
By special contract between the Syndicate and the Mutual
Trust Company sufficient for the purpose has been de-
posted tho Trust Company the interest Oh the
preferred stock Tor period OF six years.
Interest viii susteJ TO da.e OF subscrip-
ton
The following tho form OF the guaranty OF interest
which printed upon Of the certificates and signed
BY the proper oaicer Of the Mutual Trust Company;
THE MUTUAL TRUST COMPANY
or NETWORK
WIN from date hereof fifteen cents SHARE
the shares represented by tais CtrtInCae
payable semi annually on January LIST ANA July lst
.-.-......--.....-.... treasurer.
New-York, ................lsol.
Fifteen cents per equal to 7lo per cent per
upon the subscription price.
Alotmens viii be made In full Of Of $4,000 and
under aud the remainder viii be allotted pro Tor amounts
exceeding $500
Checks payment may be made payable to the order OF the
Trust Company Trustee 70 the Undersigned, and
should accompany the subscription. subscriptions will be
received the Goth dag Of November 1881 at o'clock
%. A.. and the alotments made on the following day.
Applications may be- made 10
THE MUTUAL TRUST COMPANY,
lI5 broadway New-York,
orto
THOMAS j. HURLEY & Co,
Is Walst, New.TOrk,
Where maps, reports and full information can be obtained