The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-06-29
SALE OF ELIZABETH
Ali Of the Property Goes Under the
Sherif's Hammer for $3i,9OO.
IT'S A NOTED PROPOSITION
J. G. Dickinson the Heaviest Pur-
chaser = Sold on a Judgment
Brief History of the Mine-It's
Been Well Advertised.


Mining companys property was all sold
at sheriffs sale in front Of the court
house here at 2 o'clock to-day for the
sum OF $4,000, Julian @. Dickinson be-
Ing the heaviest purchaser. The per-
sonal property and each claim was sold
separately, the shaft house. machinery,
etc. bringing $500 and each claim SELL
Ing for $500 each to Paul "A. Fusz, un-
I'll the Elizabeth claim, the last on the
list. was reached, when the bidding
was lively for few minutes. Mr..
Dickinson finally Offering $4,000 and
securing the claim. The property was
sold on a judgment Of about $4,000 Sc
cured by the Union Trust company of
st. Louis.
As to the future OF the Elizabeth
company, II it has secured new lease
of life by to-day's SALE 1t can as yet
only be a matter of conjecture. even
to the purchaser. Perhaps the appear
ance of Mr.. Dickinson at to-day's sale
was surprise to the members Of the
Elizabeth company present and others
generally, and perhaps II was not, In
any case II would seem that to-day's
sale would tend to complicate matters
rather than pull the company out Of
the hole and once more make the stock
valuable as a gambling proposition,
and that IL all 1t ever amounted 10. OF
course there are rumors. some of them
as wild as the proverbiaI March hare.
as to the future action. but time alone
will reveal what the final outcome will
be. As TO the past and referring TO the
frequency of reported strikes. the fol-
lowing extracts from the mining col
umns of the Philipsburg Mail pub-
lished shortly before the final shutdown
a couple of Years ago. might he of
present interest.
Once again that most erratic and
phenomenally exciting mining proposi-
| tion. the Elizabeth Mining company.
| comes before the world with n strike of
great inheritance The Elizabeth shaft
is 47o feet in deptb. or at least that is
where the cross.cut was started. This
| cross-cut was RIM 10 within about 100
| feet of the Fanny parnell side lines or
about that. before striking the vein.
| A drift was then started east ON this
vein. This drift runs into the mount
| ain and gains depth rapidly. and where
the strike was made must be 900 feet
below the surface. Now. then. the
| question for men who buy stock for
| the purpose of helping the district as
| well as TO helm themselves TO decide
| is this: What is the general course of
| the vein? That is. does 1t follow the
| Elizabeth side lines. and is 1t about the
| same distance from the side lines
| where they have made this strike as IL
,,as ,,han ,annod hy The cross.c,t fror,
We. ma' r,,,Ha. wn sapp,a 81 VIZ 40 ., I'm n
the Ih@apeth shai', an" :. so' anu pre-
suming that the vein Is the celebrated
| north vein OF the Granite ana Bi-Me-
tallic companies. does 1t have the same
| general and uniform dip as at other
| points ON the vein. and ~ IL has. is the
| anex of tho lead On tho Elizabetb
.o,a a. a. -, ,,o po,l,. po,,,,
n' n; M
or rahiie aiheii VI VI. pi'ie'aiiie
| All OF this Is SAID Tor the purpose of
letting the public understand the posi-
| tion and possible outcome OF the strike
| and with no desire in any way to in
iure the nronerty. Eyerybody who
lives in this district sbouId hs and nm
aa,,.,ns,,. ,s 80, -. o.. En- e..
| ''' ~ "O
/
but 1t does a district no good TO be
| constantly reporting strikes which
| have no foundation in fact. 1t rather
| does IL n positive injury.
The claims included in the West
| c..,,,o ,,,or,,,, H., ,,,,ra d. a., ,,,,,,,-
80 -, -, ,.,.'a,.s,, ',,,, - ,,,,...
per anu 'ic pii"e'pa' o'e was 'housp'
TO be the Rattlesnake, which is situa-
ted almost directly west OF the Gran
lite, which fact perhaps suggested the
name OF the Company. The Rattle
snake location lies parallel with and
south OF the James q. Blaine lode,
the pricipal claim owned by the Bi-Me-
tallic company, and through which the
great Granite bonanza vein runs. West
| OF the James q. Blaine lies the Eliza
beth, and upon the REORGANIZATION or
the West Granite company this was
the name adopted for the new concern.
The West Granite company was or
| ganized shortly after 1t became a
| known fact that the Granite Mountain
was an Incompatible bonanza silver
| mine.
The promoters Of the West Granite
were perhaps honest enough In their
belief in claiming that the Granite vein
continued through the Rattlesnake and
even If it did not. their contention was
that their Elizabeth claim TO the west
of the Blaine would certainly catch It,