Los Angeles herald., 1892-07-31
IT WILL Be BUILT AT LAST,
The Long Talked of Smelter
Almost Fact.
Wealthy Mining Men Organize to
Build One in This City.
Some of the Details of an Enterprise of
Great Importance to This Vicinity.
The Men Back of the Plan.
Plenty of Ore.

Los Angeles ia to have first-cla5
smelling and refining plant added to
her rapidly-lengthening roll of produc
tive industries.
1t will be remembered that some
three months ago the subject OF the
establishment Of such plant in thli
city was discussed by number of prom
inent resident capitalists, who went fal
enough into the question Of feasibility
and expense to arrive at determine
ton that this city was just the location
for smelling plant, if the area could
be had for.reduction, and that the cost
of such plant would be more than
those interested in its establishment
here, felt able to invest.
The agitation of the matter here was
taken up by the public press and spread
throughout the country, and as result,
on the occasion of Mining Expert
Charles M. Howard's visit here, he was
instructed by his principals to look care
fully over the ground and report as to
the prospect of such venture, if estab-
lished in Los Angeles. Mr.. Howard
reached Los Angeles late in May
last, en- route to inspect some
mining properties in Harqua
Hala district, Arizona, which were pur.
chased by his principals, E. Meyer and
S. Weinbau of San Francisco. Proper
ties at the Needles to the number ol
seven were also purchased, including
the Golden Treasure group of mines.
Returning to Los Angeles, Mr.. Howard
looked over the situation, selected q
number OF practicable sites for a
smelter, and then rounded up every
mining camp contiguous to this center
where ores in any quantity were pro-
duced. As result of this inquiry he
became convinced that a smelter at
Los Angeles could be made success,
and that the only obstacle in the way
might be the attitude the two trans
continental lines, the Southern Pacific
and the Santa Fe, might assume in the
premises.
Mr.. Howard having completed his in
Francisco. There meeting was held
oh buc loth iAbo., h1 WuACu WOIo plCocub
Messrs. Meyer, Weinbau, Brandenstein
and Witcher Jones, Of San Francisco.
and Samuel Coulter, the Washington
coal king. of Portland, Ore.
Mr.. Howard submitted his re-
port, which was most exhaust
i've and illustrative of the ca7
mineral belts to produce ores in quanti-
cuff Hai fa OF n kx.,o
stack smelter in constant operation.
Messrs. Coulter and Meyer were ap-
pointed to consult with the Southern
Pacific people, and Ed r. Wellington of
Los Angeles with the Santa Fe officials,
regarding the matter OF freight rates.
Both companies acted generously in the
the Los Angeles Mining, Smelling and
formed at San Francisco last week, with
Emmanuel Meyer president, Samuel
Coulter vice-president, the Anglo Cali
fornia bank treasurer, and E. r. Well
ington secretary. Articles of incorpora-
tion were ordered compiled, and the
capital stock of the corporation placed at
$500, 900, divided into 1000 shares.
Every share of the stock was subscribed,
Messrs. Meyer and Weinbau as trustees
subscribing tor fifty shares each for
James F. Wardner and Robert Tuttle of
Helena, Mont, and Samuel Coulter sub.
scribing as trustee for fifty shares for
w. r. Rust, president of the Tacoma
smelling and refining company OF WASH
ington and for Nelson Bennett, owner
of extensive coal and lime beds now in
process of development near Dragon
Pass, Arizona.
At the meeting numerous PROPOSE
tions regarding the purchase of site
for the works were presented by parties
here.
Ten acres around the point and to the
northward of the San Fernando-street
depot of the Southern Pacific railway
were offered, as also seven acres lying
between San Fernando street and Also
street, bordering the river. A site
three miles south of the city, situated
most advantageously between the Santa
Fe and Southern Pacific tracts, COM
prising five acres, will in all probability
be chosen by Mr.. Howard.
Concerning the company, its pros
poets and plans, Mr.. Howard, while
conversing with HERALD reporter
yesterday, said: "Ten years ago, while
engaged in mining in Arizona territory,
I used to be frequent visitor in Los
Angeles. 1t struck me then what a
fine location for smelling proposition
this city would some day make.
left the territory about that time and
went into Southern Montana. Rumors
of rich strikes in Arizona, the Needles
excitement and general wholesome
looking up of mining interests in the
southwest drew me back again. AS
result of an extremely close investiga-
ton of the country, came to the con-
clusion, after securing several properties
for my principals, that the time was
ripe for making a move toward estab-
fishing smelter here or in some other
place hereabouts. AS result / SO re-
ported, and had but little difficulty in
interesting some of the foremost mining
men on the slope in the project. Mr..
Weinbau owns two of the richest silver
mines in Nevada, has free milling gold
quartz property of great value in Shasta
county and is three times millionaire.
Mr.. Myer is principal owner in the
Treadwell mine on Douglass island and
in the Alaska Fur and Trading company
and is very wealthy man. Samuel
Coulter of Portland is also wealthy
being member of one of the largest
banking firms in that city and an old
time miner and operator. w. R. Rust
amassed fortune at Aspen, COL, out
of the famous Mollie Gibson mine there,
and now owns nearly all of the Tacoma
smelter, the largest in operation west oil
Denver. All these gentlemen have beer
| actual nninara or houa baan interpstal