The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1897-05-22
The American Flat Develop
ment Co. Progressing III
Making Agreements
With the Claim
Holders.
THE COMPANY TAKES ALL
RISKS.

Nor a SINGLE OWNER OF AMERICAN FLAT
PROPERTY SHOULD REFUSE TO Enter
THE PROPOSED AGREEMENT.
The American Flat DevelopnieRt Com.
pany is going steadily on with its plans,
he ~fruition OF which will eventually
Train the mines of the south end OF the
Comstock, but the progress is necessa-
.rily slow.
Agreements with American. Flat claim
owners are being contaminated every
day. Some time ago The Enterprise
stated that a proposition had been
agreed upon by the Directors OF the
compan, which would be submitted to
the owners of claims in the territories to
be drained. The agreement is a fair
proposition 10 the claim-owners, and one
which every Que OF them should accept.
The consideration Tor an interest III
the claims in question, which are prac-
| ~tically yalueless unless they are drained,
| the American Flat Development Com
| DaDf aE6uIlcS Ill tIC attb thVNt
necessary to run the tunnel from the
| Alta mine to the American Flat. 1t
hardly seeins possible that the claim
owners can be so blind 70 the things
| which so closely concern their temporal
salvation as to refuse in any case to sign
the agreement, and by so doing 10 aid
..:.s .ub:,I, ,a..,u tho an ha N f.arlont
Of the value of their property, and will
aid a project which will instill e life
into this portion of Nevada. The propo-
-iti0n il as follows:
Virginia City, Neyada-Ofice OF the
American Flat development Company.
70 the owners of claims upon the Com
stock aud other Observation-Disclosures:
The undersigned have been appointed
a committee by the American Flat Devel-
orn4ent Company TO enter into an agree
ment with you upon the following terms
and conditions: Upon the conveyance
by you to the American Flat Develop
ment Company OF an undivided interest
| CQudi " tnp-tiiiEuS VI ttiC WiiotC va WY
- claim, by a good and sufi-
cient deed, the American Flat Develop
ment Company will agree to commence,
within twelve months from the date Ut
such agreement, the construction OF b
tunnel eight thousand $4,000 feet in
length, six feet in width and seven feet
t;ot, -. fI. ,,lcnr .O,o,.napui,n nj tha
Alta shaft, npon the Alta claim, in the
Gold Hill Mining District, storey county
Nevada, and running thence in u south
westerly direction about 5000 feet. and
to complete said tunnel within three
years Of the oniInencemen thereof, and
after the completion OF such tunnel said
American Flat Development Company
will agree to run prospecting drift or
drifts or other mining constructions fioni
said tunnel into your said mining claim,
contig ious and upon the level of said
tunnel, and to prospect your claim upon
said tunne. level, and to advance all the
money necessary to do such work, and
to charge you nothing therefor unless
ore is found OH your clai =, of such
quality as to pay the expenses of mining
and milling the same, and all other ex
penses necessary to reduce the ore to
money, and in case such ore is found
said company agrees that it will pay you
o%ne-third of the net proceeds thereof,
after the said Amaricuu Elat Da,.l.,
ment Company has received all OF III
said expenses. In other words, the
American Flat Developments Company
will do the work and charge you moth.
ing, except the said expenses, TO be
taken from the proceeds OF the ores, in
case there are any.