Pine Bluff daily graphic., 1896-05-19
THE FRANKLIN GOLD
MINING AND MILLING CO.,, tNcoRPoRA TED UNDER THE LAWS OF THE
 STATE OF oLoRAoo.
Capital Stock. sI,oo0. 900. Par Value of shares. s1. Stock FnH Paid
 and NOn-AssessabIe.

HE tOHiklttHJ hun fCCCHtly pui- chased the Scotsman Lode Mining Claim, in the Cripple Greek district of Colorado, being q full claim. certificate of title having been fur nished by the Cripple Creek District Abstract Company of Cripple Creek. We say but little more than the information given to us by our ex- pert, and we herewith present his report as it was made to us. We also present copy of the assayer's certificate, which was made from ore taken out of the claim by one of our representatives. We intend to carry out the suggestion Of our ex- pert for the further development of the claim, and the directors have placed 50,000 shares of treasury stock on sale at the very low price of 10 cents per share, the proceeds from the sale of this treasury stock to be used only in developing the property, and the legitimate ex- penses of the company.
 The principal office of the com pany will for the present be located at 1921 Chestnut street. St. Louis, where the books of the company will be open for inspection of any stoek-holder of record, at any time. The stock is full paid and non-assess- able.
 We believe that with the sale of the 50,000 shares there will be suffi- cient funds to develop the mine to the extent of striking pay ore. If so, there will be no more stock sold, but should it become necessary to sell more stock, the price will be ad- vanced considerable.
 REPORT ON THE SCOTSMAN LODE MIN
 ING CLAIM.
 CRIPPLE CREEK, Col, Mar. IA, 1896. Location, southeast slope of Com position Mountain, Cripple Creek Mining District, Fl Paso County, Colorado, and lies in a southwesterly direction from the said town of Grip pie Creek, and is connected with the railroads by good wagon road.
 DESCRIPTION.
 This claim has a shaft sunk to the depth of twenty feet in which there is well defined vein about eight feet wide, which stands about per- pendicular and lies between granite walls.
 The claim is 1,500 feet long and 300 feet wide, and the vein runs parallel to the sidelin and through the center of the claim, assays from which at present depth show values from 500 to 1880 in gold per ton.
 REMARKS.
 Composition Mountain is well SUD- piled with pine timber suitable for mining and other purposes, and the claim is easy of access and develop ment work can be done with reason ably low cost.
 The best mode of further develop ing the claim is to continue to sink the present shaft, which is the dis eovery shaft. until pay mineral is reached, which may reasonably be expected from fifty to seventy-five feet from surface. Your truly,
 [slGNED1 J. F. WooD, M. E.
 CETIFICATE ASSAY.
 lFrom the office of Wilson H. Low, successor to E. E. Wann.
 CRIPPLE CREEK, Col, Mar E, 1896. I hereby certify that the samples aEsayed from the Scotsman Lode Mining Claim, gave the following results per ton of 1000 lbs:
 Average sample, .66 gold. of the value of $13.20.
 lsIGNED1 WILSON H. Low,
 Assayer. The stock is at hand ready for sale. A. A. LELAURIN. Agt. , l4 d&wlw Pine Bluff, Ark.