The San Francisco call., 1897-12-19
A RESPONSIBLE CONCERN.
The Alaska Electric Explora-
ton and Mininq COMPANY.


Among the interpretations which
have their origin in the recent gold
discoveries in Alaska, and which have
for their object and development
of that industry in the far north, none
is headed by more responsible aggre-
cation of men than the projectors of
the Alaska Electric Exploration and
Mining Company of San Francisco.
organized under the laws of the State,
1t has a capital of $1,000,0O0, divided
into 100000 shares of S. each. The
officers are: E. B. Hore, president; c.
q. Cleary, president; c.. V. Lodge,
secretary; First National Bank, treas
urer, and F. A. Berlin, attorney.
The purposes of the company are to
explore, prospect, locate and work gold
mines in Alaska and the Northwest
Territory. 1t is intended to construct
a river steamer, on board of which
there will be the most complete dredg-
ing machine for gathering gold from
the bottom of rivers ever invented. The
company will also construct a complete
quartz-milling plant, fully equipped
sawmill and an electric plant.
1t is intended by the company to send
out prospecting parties, and when good
claims are located the locator will sell
to the company at nominal price and
continue to prospect. For this purpose
the company desires to take into the
organization fifty good, sober, honest
men, who will subscribe for 500 shares
of stock each (miners and mechanics
preferred) who wish to go to Alaska.
To these free transportation and board
will be given on condition that they
stay with the company if wanted and
work at the wages prevailing in the
locality in which they are employed.
The company will carry one years
supplies, or more, of all kinds. 1t will
also buy or charter a vessel to carry
at least 100 passengers, in addition to
its own men and outfits, to st. Mich
ael. The rate of transportation for
each passenger from San Francisco to
Dawson will be $3.50.
All men attached to the company
will be provided with a comfortable
home and be under the care of
physician free of expense. Should any
member of the company become per-
manently disabled through sickness or
accident he will be sent home free of
charge if he so desires.
There are many good reasons why
those going to Alaska should join the
Alaska Electric Exploration and Min
ing Company. BY purchasing stock
they become part owners of a large
and well-equipped mining company,
Second, by having machinery for the
purpose, the company is enabled to
work mines which are flooded in the
summer time. Third, goods are sold
at large profits in Alaska, and the
company, having it's own vessels, will
make the mercantile branch of the en-
terprise very profitable. Fourth, the
management of the company's busi-
ness in Alaska and the Northwest Ter
ritory will be in the hands of skillful,
conservative business men with large
mining experience. And the general
business of the company will be con-
Quoted by honest men Of long business
experience.
TO those who have entertained the
idea of grubstaking parties for the
Klondil1e the stock of this company
offers a far more certain field of in
vestment. A grubstaked miner might
lose his life or become disabled in an
accident, in which event the stalker