The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1882-01-01

a fraudulent claimant, by the pay
ment of a few dollars, than to ex
pend thousands in a lawsuit in thu
establishment of a good title.
GOING 40 WORK.
On September 5, 1872, Mr.. Cham
beers went TO work upon the pros
pect, with fifteen or twenty men
some of the latter erecting los
cabin, which still stands as par
of the company's extensive pile OF
buildings. For several nights the
superintendent slept under ma.
Jestic' pine, with nothing between
him and the rocky mountain side
but a pair of blankets; and We
undertake to say that his sleep was
as sweet and refreshing as it has
since been on "downy beds of ease.
Hopeful and confident as the own
ers were, they were not reckless,
laundering or extravagant in their
expenditures. They employed but
few men and proceeded cautiously
TO ascertain with something like de-
tiniteness the real value of their
purchase. In November they had
developed enough to prove that
the claim was worth patenting,
when the necessary surveys were
made and the application nled in
the local land Office. The patent
was granted in September of the
following year.
In the winter of 1881 the Cali
fornia Legislature was afflicted by
one OF It's periodical fits of cranki-
ness. 1t realized that something
WAS wrong in its incorporation laws,
which seemed to be in favor
of the few rich men and
againsS the interest and welfare of
the poor masses. But the law
makers, as has been demonstrated
SO often since, were ignorant as to
what would be the proper remedy
for the alleged evil. Two years ago
the legislature had another such at
tack of reform" ideas and drove
millions upon millions of capital
out Of the state through sheer ig-
norance of the laws of finance,
which no legislature can control or
overcome. With the same shrewd-
ness and caution which had marked
the course Of the Ontario people
from the start, they anticipated the
action of the legislat ure, and while
the latter was wrestling with a very
foolish bin, bearing heavily upon
future companies, in January, 1874,
Haggin and Hearst organized and
incorporated, in San Francisco. I'M
der the old law, the Ontario Mining
Company. The capital stock was
placed at $5,00o,0O9, divided into
10000 shares; president, j. B. Hag-
gin; secretary, William Willis;
treasurer, j. b. Haggin; superin-.
tendent, r. c. Chambers, the direc7
tors being made up of Haggin,
Hearst and others, the latter being
chiefly fgure-heads. The stock was
not issued. as enough had not yet
been learned as to the size and ex-
tent of the ledge to know whether
the shares could be safely put upon
the market. The claim was worked
by the company until December,
1876, when there was re-incorpor-
alton in. San Francisco, the capital
stock being increased to $Ie,OO6, 900,
and the shares to 100000. The same
officers were elected and the stock
was, held by the original owners.
1t should be borne in mind that
during all this time developments
ia the mine were actively and ener-
getically progressing, the force of
men being steadily increased as
more could be worked to advantage.
The outlay foE development and ex-
ploration aggregated S1S0,000. " hich
Shows what faith in vein will
cause men to risk and do.
There was no return to counterbaI-
ance this enormous expenditure,
except during IA, when 81, 600
worth of ore was sold, chiefly to the
shelters at Sandy. The ore now
rapidly, and the Nc
Henry 20-stamp mill at Park City
being idle-the McHenry bubble
having burst-in March, 1875, the
mill was leased by the Ontario COM
pany, which began reducing its ore
raw" or wet; that is, without
roasting. The mill was badly
adapted to working the ore, and
poorly constructed generally, re-
During so many repairs at heavy
that it could not be kept
running more than two-thirds of
the time. Besides, q large percent
age of the silver was lost
in reduction. Finally, the lease
was. surrendered in April, 1876, |
and the Marsac 20-stamp mill
at Park City was hired. The latter
was also wet crusher. 1t was run
from June IL, re, to December Goth,
when it was shut down
and cleanup made, the company
realizing from the two mills $500,
300, from 10000 tons of ore reduced.
The ore coald not be successfully
worked TO over eighty per cent. of
the assay value by the crude, wet
milling process. In the meantime
work had been begun on the Ontario
company's mill. that grand monu- |
nent 90 the skill Of the inventor,
the engineer and the mechanic,
which is hammering away to-day,
ind Of which we shall learn more
.ater. ar r--.
THE NINE.
Now les us look at the Ontario
mine, which IN the few Years that
saYe elapsed since Ruddei s pick
struck that knob of chloride. has