The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-08-29
TO DRED6E FOR YUhoNGoLD
bowers Patent AppiIa nee. VIII Dig
Into she sand. sf the Alas

TIE records sr ire ofFee u The secretary
@ stats az Gaymp5z and Ia tke Office II
t1@ auditor 81 hiEx county. 81 Seattle.
are eaaekereS wata rne nslnsz - Articles
O incorporation q Mining companies,
some CT watra are absurd RI ire ass7srpra-
Ter u CAP ta4lzatioa. fne figures zsver
f9T ne Par Waite q stock r7znnlnE riot
oIsiy from 3 million to fws million DOL
AaFs--frrEtaa matters tsgat are disposed -
VIE snap 81 the rnrsrs. leaving the
average reader q the operations Of 9alag
ave stricken and 6isauaye7 oy q eonsera-
patton cf suca wealth
There are r1&n&nx cDFnps rses Organized
and Incorporated under the laws u n zss,-
ington that are as substantial as the
f~eks tEsy propose 20 blast fer gold ST.
yer Or copper. ard there are others faat
nave Only tire merit % being plaG.s where
money RAY De sunk 70 fhs lowest level CT
IT'S eFlEts tnAf thsT presume % bora
through. The arrangements hawe besa
coE1gAeied in this city and the articles Of
incorporation for con- pany chat hears
OF is face II TIE names Of its incor-
poTat1-S tie guarantee 81 gsnu1nsnssss
have been forwarded 10 Olympia
a couple Of weeks ago TIE Poat-Intsiil-
gsncsr noted the arrival II Seattle Of &
II Saieno. the foreign Representative Of
Aiphcnzo b. Bowers. patsntse ard owner
OF the Bowers 6redger patents. VINO came
al the request 81 some Seattle capitalists
The purpose OF Mr.. salenos visit was 10
organize company FOR the application
OF the Bowers GEesiger TO placer mining
on the bed OF TIE Yukon river. The pFac-
ueaBslitg ct the scheme Was fully ex-
planned IN the Post-IntelllEencer article
referred 10. and Il now remains 10 tell
OF the con- plstlcE OF the organization and
the additional fact that the self propeIl.ag
GredgeF wiII be built IN Seattle as soon
as the plans aad specifications can be
prepared.
The company has been named the Bow
erS Seattle Yukon Gold Dredging Com
pany. the head Office Of which viii De To-
Gated in Seattle. The capital stock. in
comparison with some mining lncerpora-
tons, is nnodesgly placed at 81 eoo.o 90. d.
yisea into 1909 shares Of the value os sIeo
each. Tie list OF Iuoorporators includes
the names Of Robert Moran. Eugene sem
pie. John a Campbell George Nj pascf-
al, z. w. Andrews Edgar Amss. J. O.
Hestwood. c. S. Holmes. A 5. Kerry.
John =. Agen. 5. q. Simpson and :. IL.
saleno. The board OF trustees ard the
officers are Robert Moran. president: En-
gene sempls. vice president. John A.
Campbell. second vice president. George
u. Paschall. secretary: Z. W. Andrews.
treasurer. A :. Kerry. 5. C. Simpson and
8 H. Saleno making Up the remaining
members ofsthe board.
&1E. SAtGaO eAR4&@1G1 yesterday InAr
the company had been granted the ex-
elusive franchise for operating the Bow
ers machines and process OF dredging on
the Yukon river. The drawings that were
brought up from the San Francisco office
show a dredging machine with capacity
OF handling 100 yards per hour that it is
intended shall be operated by two shifts
Of xoTkren. ten hours TO each shift max
ing a daily handling Of ten tons. Tha
company will place $50 shares II prefer
red stock. paying an annual dividend Of
per cent. Oh the Eastern market, for
which purpose Mr.. Saleno and Gov. Sem
pie will leave early this week and Re
joined at Chicago By Mr.. HesfwooG The
party viii then visit New York. Boston
and PHILADELPHIA Sufficient Of the stock
has been subscribed hy the local COM
pany 10 complete the dredger and deliver
Il at the Yukon
Besides the dredger Itself, there will he
two barEes attached upon which ali OF
the operations Of Siuiclng viii be carried
on BY machinery. There will be "a SER
les of sluice boxes arranged 70 lead fFcgn
the discharge pipe to the waste az the
end OF the last barge. The same SYSTEM
Of handling the dredger. in its applica-
ton 70 placer mining viii b. employed IS
described In a previous article printed in
this paper.