Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1889-11-08
4 G1EAr Es. ERp1.s !.
thc idabo Bedrock FIume Company
incorporated Under ske Laws Of
Iaaho-Wsrk to be Wig orousiy Car.
ried on.

~ohiPdbv WIS III
corporated under the laws of Idaho
Territory, and on Wednesday, the
9th, the company was organized with
the following officers: Jas. H. Waite.
President and Treasurer; VIM MI
Carr, Vice President and General
Manager; George Ainslie, Secretary.
and Geo. II. e. Taylor Superintend-
ent. The incorporation is for the
period of fifty years, and is capital
stock is s2,00o,OoO, divided INTO 40
900 shares Of the par value Of $50
each.
Mr.. Waite, the President, is bank.
er OF Boston, Massachusetts,, where he
is well known, and is also President
OF the Topeka Safe and Trust com
pany, of Topeka, Kansas. His office
is at No. 70 Water street, Bosto..
where the hume company will have
branch Office.
VIM. Nj. Carr, the Vice President
and General Manager, lives at Zanes-
vile, Ohio, and is engaged in the
production of oil and natural gas.
He is President of the Fearless Oil
and Pipe Line company, President of
|
the onion Natural Gas company,
which has capital Of 81, 100000, and
is Vice President and General Mana.
ger of the Southeastern Natural Gas
company, which has capital of $4,-
100000.
Hon. George Ainslie, Secretary Of
the company, came to Idaho Terri
tory in 1862, from which time he has
occupied place as one of our leading
attorneys at law. He served two
terms as Delegate to Congress, each
time receiving large majority over
his competitor.
Geo. H.. e. Taylor, the Superinten1-
ent, is practical miner who worked
ground on More creek twenty six
years ago. Previous to that he en-
gagged in mining in Southern Oregon
giving him large field of experience
that will prove of great value to the
idaho Bedrock Flume company.
The names of the men given above
is sufficient guarantee that the en-
terprise will be conducted in IA bus-
nes like manner aud pushed to early
completion. For integrity and square
dealing better combination could
not have been joined together.
The company has 25-horse powe
portable saw mill on the ground tive
miles and half below this city, have
erected the necessary buildings, ant
men are cutting and hauling large
amount of saw logs. Posters are ou
calling for sealed proposals for exea
4 vatious and commencement of ,h
: bedrock hume, three fourths of a mil
q long, and for 100000 feet of log:
: The size of the flume will be
3 feet wide, FIVE feet high, and about
mile in length.
Seven miles in length along Nor
and Elk creeks and 600 feet wide
! the amount of ground purchased an
secured by deeds, which is enough t
keep the fume constantly busy fc
the next fifty years or more.
A large amount of the Hame WI
he completed between now an
e March, so as to take advantage I
d the large volume of water during tt
e spring freshet. A run will be mad
'r tten which will pay largely on tt
X capital invested, although the crea
e. of the creeks will not he reached III
rs til the following season. After II
rs first year the clean-ups will be emo
nous.
1t has been calculated by the IN
ners who worked the creeks tn
49, l50,O0O,000 is within reach of Il
- fiume. This estimate is based on Il
production of gold from 1862 TO Il
l. present time. In one year, fro
:. 1868 to 1864, the express companl
=. shipped s33,0O0,000 from the Basl
:. This NAV seem 10 some an exa
- perated statement, hut it is not. L
manager of Wells, Fargo & Cos 4
press company gave these hgure'
ed few wears ago. The primitive met
VS. ods used in those days were so cru
,le that not more thar half OF the &c
rn was obtained from the gravel wash'
nd Notwithstanding the vast amount
un ground that remains untouch'
er- With living high, lumber sloo
=. &c ,,..r Il