The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1881-07-02
THE KEYSTONE CONSOLIDATED MINING
COMPANY,
A Good Chance for Investment.

Good Chance Tor investment
We mentioned last week that Mr.. X. Alden,
stock agent for the Keystone Consolidated Min.
ing Company, was in Gibson in the Interest of
his company. Mr.. Alden has seen a number of
our citizens, and has sold quite number oil
shares of stock. The property OF the Keystone
Mining Company consists of tract OF land
about seventy acres in extent lying on the south
ern slope of the Horn Silver Mountain. few
miles from Leadvillc, at Red Cliff, and embraces
twelve distinct mines. Each one OF these IS 100
xl500 IT,, and is known as belonging to the most
valuable class Of claims in the leadvillc districts
the true sand carbonates." The mine are d
rectlv contiguous to the celebrated Horn silver
and Emma mines, which have produced ,irbon-
ate ranging from 500 to $1,000 per ton. The
mines on both sides Of them ALREADY deyel-
oped or in process of development, ehu" ,Xtra-
ordinary richness of metal, and as the same vein
runs through the Keystone, there is scarcely a
doubt of its richness. In fact assays already
made, at q depth of twenty feet, show their
wealth, even near the surface will represent a
base Of value equal the amount carried by the
adjacent mines. some which have assayed as
high as sixteen hundred ounces to the ton, From
what is already known, competent judges esti.
mate that one three foDt-vcin in the Keystone
claims contains eighty million dollars worth OF
silver down TO depth Of one hundred feet, and
how much there may be below that depth no one
can estimate.
! The men who first discovered and located these
mines, being poor and unable to develope them,
they interested other parties aud company was
formed under the name of the Keystone Consol-
idated Mining Company, with capital stock oi
So 900 600 and to this company all right and title
to the property was transferred. The stock Is
issued in shares of ten dollars each and is non
assessabe. In order to raise working capital
| to begin the development Of the property, 10000
shares are now thrown on the market and Will
be sold at 81 co. or 20 per cent OF their value. IL
is confidently expected that this is all Of the stock
that will need to be Sold for as soon as active
operations In the mines are begun, the stock,
self sustaining, will pay for itself in dividends,
which will increase with the progress OF the
work.
| One popularity Of this company is that the
purchaser of one or more shares OF stock be.
comes q stakeholder In the company, and is en-
| titled to not only voice in its management, but
TO pro rata share in all the dividends on oil un.
sold stock held by this company. Every one
| thousand shares OF stock sold is entitled to one
director In the company; consequently II Gibson
takes u Thousand shares, the stockholders here
will have one director to look alter their inter
ests In the company.
| This company, though Incorporated under the
laws OF Wisconsin, Is in all respects Central
| and Northern Illinois Company, its officers and
stockholders being residents of this part OF the
state. The president of the company, Nathaniel
Mcbride is u wel-kDown business man OF Nor.
ris; the secretary resides at Chicago; while Kan.
kakec Ia represented by Hon. &. X. Starr, well.
known TO many Of our citizens. Its stockholders
are among the DeSL anu UnOsJ WIue HWuhc tItIaeHs
in the live towns Of this part OF Illinois.
Investments in mining enterprises are new
thing to our citizens, and should not be made
without great caution: but company organ.
lied on so favorable and liberal a basis as this,
with bona fde mining property already recog
nzed to be OF great value, presents claims which
deserve candid consideration and investigation
Fortunate investments are made every day In
mining property, and this would seem to be an
opportunity for such investment not often pre-
scented. Almost every one can take Il few shares
at the low price at which they are offered, and
II he does not wish to hold them there is every
possibility that he can dispose Of them in short
time at u considerable advance.-Gibson 0ll.)
Courier.
Mr.. W. A. Drew, formerly proprietor Of Drew's
Business College, which was for five years locat-
ed in this city, is now in Ottawa acting as agent
for the above mining company and will sell stock
and give full details to all who wish to nvesti.
gate or obtain further information.
The stock is now selling at twenty per cent Of
its par value, but as favorable developments are
being made no doubt IL will be at par In
few months.
Investigation is solicited. A few dollars may
bring bonanza.