The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1894-11-17
NOTABLE MINING DEAL.
Extensive Development Work TO Go
forward in Linn County.


It is announced that foreign capital
has been enlisted in the development
of large mining interests in the Quartz
vile district, Linn County, comprising
in addition to group of eight gold
bearing quartz mines, q large field of
placer ground, embracing 400 acres,
that for years past has been worked
with more or less success. Mr.. VIM.
B. Lawler, of Salt Lake City, we'll
known as mining operator, is at the
head of the Enterprise, and has spent
a good deal of his time perfecting his
plans and securing title to the pro-
pertv. Associated with him is Mr..
Horace Hotchkiss, capitalist of New
York City; the French banking house
of Sourdis Brothers, of Paris; j. +.
Medina, of the Nicaragua bank, Paris
and London, and at one time repres-
enting the government of Nicaragua at
the French capital, and Baron Almeda,
also living in Paris.
The preliminary steps to secure the
property were made last May, when
Captain "Hank" Smith, of Comstock
fame, visited the mines for the pur-
pose of making report thereon, and
ascertaining the real value of the pro-
perty. He was accompanied by Mr..
Jesse Fox, mining engineer, and
Mr.. Lawler, and after an exhaustive
examination, favorable report was
reached. With this Mr.. Lawler visit
ed Londen and Paris, and laid the re-
suit before his associates
Net content with the elaborate re-
port of Captain Smith on the proper
ty as a mining proposition, and with
the caution of careful investors, the
Sourdis Brothers sought to verify the
statement made, and secured the SER
vices of Mr.. Alfred Richard, a min
ing expert of prominence living in
Colorado, who also visited the mines
for the purpose of making an indepen-
dent report. Mr.. Richard completed
his work recently and the report he
has made fully corroborates that furn-
ished by Captain Smith regarding the
operation of the property as safe
mining proposition.
Thus assured, the syndicate is now
preparing to operate the property in
| legitimate manner ard thoroughly test
its merits during the life Of the bond
secured. All the money necessary to
conduct the work on a comprehensive
plan will be furnished and within a
month force of men will be employ
ed to do the necessary preliminary
work for the commencement of more
extended operations next spring.
The Quartzville mining district, of
Linn county, Oregon, has been known
to miners fer the past 80 years, parti-
cularly that portion designated as
District 3, where The White and Red
Bull claims are located. The White
Bull company was incorporated years
ago with $3.50, 600 capital. At one
time the stock sold above par, and a
dividend of $4,000 was declared.
Poor management and ignorance of
methods in conducting mining in a
scientific way wrought ruin to the prop
erty, until at last it remained unwork-
ed and the extensive evenings, not
protected, caved in. The adjoining
mine known as the Red Bull, presents
an extraordinary amount of pay ore,
and, since the result of the expert
examination, the work of taking out
ore has been continued.
The people of Linn County will be
largely benefited by the introduction
of new capital by men fully able to
develop this most important source OF
mineral wealth. MIR. Lawler leaves
this evening for Salt Lake City, on a
brief visit, expecting to return within
two week and go to the mines for the
purpose of personally supervising deve-
lopment work. THE Oregonian.