Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1895-05-18
A NALUAHLE NINE.


given by q gentleman interested in
Black Hills mine to a party of friends
associated with him in the enterprise,
novel desert was served with the wine,
which was said to be a peculiar potato
the guests examined it closely, passing
it from hand TO hand, but none discov-
cred what it was. Finally the host an
nounced it rs gold bullion, and returns
from so tons Of ore from the mine in
which they were interested, and worth
1856 or a value Of $7.72 per ton. This
mine is situated in the vicinity of Cueter
City and has large amount Of the same
grade of ore in sight. 1t is free mill
ing proposition and will soon be num-
bered among the list Of our dividend
payers Times.
THE GOLDEN SLIPPER
This mine keeps up its record. The
last run Of forty tons Of ore was equally
as good as the former one, the cleanup
amounting to forty-fve ounces. The
owners Of this property have done ex-
ceedingIy well. They bought the claim
last December, developed it to some ex-
tent and made two ruas Of the ore at the
J. r. mill, which brought item enough
money to pay back the purchase price,
the work done on the claim and allowed
them besides dividend. The balance
in the treasury will be used in the
development Of the mine. Hill City
News.
THE BIGGEST STRIKE OF ALL.
There has been many good strikes
made on mining property in the Hills
this spring. many Of them startling the
whole mining world by their richness.
A report comes of strike made on the
Dead Broke" property nelr Central,
which il true. fades all other so called
big strikes into insignificaLce The men
working on the property found some
plumbsgo, which they had assayed and
claim it went a little over $4,000 per
ton. This knocks all the other finds
into q cooked hat and if they have on y
ton Of it will be satisfied. We hope
for the best, but the report does seem
large.-Lead Call.
SOLD AT LAST.
The Rapid City Journal of the 18th
inst contains the following account Of
the final sale of the celebrated Holy
Terror mine, the purchasers being
Messrs. John George, of Milwaukee, and
Charles VI. kipp. of Cedar Rapids:
1t was stated in yesterday mornings 5
Journal that a rumor was current that q
sale of this valuable mining property was
pending and proceedings made to day
substantiated the statement. Yester-
day the parties interested in the deal
met AT the office of James w. Fowler,
where the agreement was made out and
signed by those concerned. The agree
ment is substantially as follows:
That the property sold is the undIvid.
ed three-fourths interest in the Holy
Terror mine the undivided one third
interest in the " Pope claim; The un
divided one.third interest in the Star
eyed Egyptian No. ! and ?; the undi.
vIded three fourth interest in the Holy
Terror mill and mill site The pur.
chasers are to sink to the depth Of SOC
feet from the bottom of the present shaft
and TO pay within fifteen days the sum
| of S22 800 of the purchase price, which
is $4,000. The optional purchase is to
extend six months from date of pay
ment of the SO, 500, which will be six
months from the 29th Of the present
month. 1t is further stipulated that
seyen-ninths Of the earnings of the mill
is to be deposited in the Union National
bank of Chicago TO the credit of Messrs
Fayel, AmsLury, Blair and Franklin,
and two.ninths to be deposited for the
benefit of said parties should they es-
tabish legal rights thereto.
John j. Fayel, one of the original own
ers, retains his interest in the property,
Messis. Amsbury, Blair and franklin
selling their interest. Active work will
be inaugurated upon the property as
soon as the new hoist and machinery
now on the track at Hill City can be put
in place. John j. Fayel will superin-
tend the working Of the mine, and .he
work will be pushed as rapidly as pos
sible in the sinking of the 500 foot shaft
as called for in the agreement. The
transaction will be hailed with delight
by all having the interest Of the south
ern Hills at heart on account of the
heralding to the world of the richness
of onr mining section. thereby bringing
capital for investment which means the
opening up Of many more valuable
properties and insuring season of
prosperity which deservedly belongs to
the southern Hills.