The herald., 1897-11-14
BUSINESS OPPORTUNITIES
KIoND1KE MINING co..
OBJECTS AND PLANS
FIVE CENTS A LINE

The Pasadena and Klondike Mining
Company, which was organized for the
purpose of giving persons or moderate
means, who, for various reasons. cannot
go in person to the rich gold fields or
Alaska and vicinity. a chance to share IN
the immense profits that will most surely
be derived from time and money spent
in this region during the next few years.
Several of the originators of this compa-
ny were thinking Of clubbing together
and sending a man or two to the golu
fields, but on looking the matter up thor
oughly and finding that by Incorporating
they would have a protection that they
could not have in an unorganized condt-
tion, and desiring to extend their chances
of success by having others join them,
and send as many men north as possible.
they concluded to form n corporation.
and an invitation is extended to all who
wish to mine in the Klondike region to
join the company. The company intends
to comply strictly with the Canadian
laws while operating in that territory.
There will be no high salaried officers.
Persons performing services for the com
pany will be paid for such. at a rate COM
monty paid for services of a like char
acter by business firms.
Ninety per cent of all money paid inta
the treasury of the company by those
becoming members since We have become
permanently OTEdIlZeu Is u Ot pluSeu
in the National bank of California, and
cannot be drawn out for any purpose
whatever other than fitting out mining
expeditions, when the time arrives to
do so.
All expenses, such as stationery, print
ing. advertising, commission for selling
stock, etc.. etc, are to be paid out OF the
funds paid in by the incorporators. and
the 10 per cent that is deducted from the
in Nv hn This in-
sures those who join us that their money
will be applied towards accomplishing the
purposes for which they pay 1t in.
1t is roughly estimated that 1t will cost
in the neighborhood of two thousand dol
lars to equip and send one man to the
gold fields with supplies enough of all
kinds to last him one year. 1t may be
done for less, but we wish to figure on
the safe side. For every two thousand
dollars raised by selling the stock of the
company, we intend to send one man.
And we will send just as many men as
we can raise money to fit out. into vari-
Gus districts, with instructions to locate,
trade for buy and acquire by grub
stake" any and all mines they may be-
lieve to be valuable.
The company has made arrangements
with several experienced upright and
hardy miners to enter its employ In early
spring, on the following terms:
To married men or those having others
dependent on them for living, the COM
pany pays all expenses and $50 month
from the time they start until they ra-
turn, and one-quarter of the net proceeds
of the mines they are the means of pro-
curing for the company. The expenses
of mining the claims to be paid out of the
gross receipts before the division is made.
To those who wish to go without a
cash salary, the company will pay all
necessary expenses from the time they
start until they return and one-half of
the net proceeds of the mines they ac-
quire for the company. With the under
standing that they are to turn over to the
superintendent of the company one-half
of all minerals they come into possession
of.
These men are practical men. whose
honesty cannot be ques toned and whose
physical endowments we'll fit them for
such an undertaking. They will work
under the direction of a mining superin-
tendent who will establish headquarters
and depot of supplies somewhere near
the center of the mining district. And
will send these miners in twos all over
the mining district, as we'll as into un-
explored territory.
Now, some of these men are bound to
"strike it rich,' and be the means of
turning in a vast amount of money into
y
pose the total find to reach a million dol
lars, which, by the way. is not improba-
BILE by any means if one-half of the re-
ports that come from this section are
true, each share of the stock would draw
four dollars in dividends. and for which
only twenty-five cents was originally
paid.
I'm UNION THERE is STRENGTH"
The above saying will be especially
proved in this gold seeking business.
There is no good reason why every per-
son in California who for various rea-
sons. cannot go in person to the gold
fields of the Yukon should not share in
the good fortune of those who are able
to CO. There is many a hardy. upright
man in this state, who has the physical
ability. as we'll as the push and courage,
to brave the hardships and privations
that must necessarily befall those who
succeed in this northern FL Dorado. but
who are financially unable to make the
trip and could not go at all without aid
And on the other hand. there are a great
many more people who have the means
but lack the physical requirements and
could not share In this gift of nature
without the aid of others also. Now, by
combining the two in a stock company
great number of people will be bene-
fitted who otherwise would not have been.
And million dollars distributed among
thousand people would be a great deal
better for the state than if held by one
person. The gold in the Klondike region
belongs to one person as much as to an
other. and all should have a chance to
get his or her just portion, which will
depend upon the amount of exertion they
pub forth to obtain it.
YES: BUT IT is A RISK
To be sure it is. Nothing whatever in
this life is absolutely certain but death.
Let us consider the "risk" taken by the
farmer. for instance, when he clears up
and plows his land, sows and cultivates
a crop He may harvest good crop, and
then again he may put in a whole year s
hard work for the potato-bug grasshop-
per or wire-worm. There may come
enough moisture to mature a crop and
then again it might" be a dry year, or
the frost or something else may blight
hiss crop before it comes to maturity.
Early rains may spoil large portion of
his drying fruit or raisins, and still again
he may harvest and prepare for the mar
ket fine crop for which there is scarcely
any sale at living prices. In fact, the
profits are not very great under the most
favorable circumstances, while the risks"
are many. In fact, there are many risks
in any business. occupation or calling in
this life, but less in legitimate gold min
ing than in almost any other.
In order to gain anything we must
take risks. And the risks taken by
the stockholders o3 a reliable min
ing company operating in the north
ern gold fields, are certainly no greater
than those taken upon entering into any
ordinary business enterprise, and the
profits will no doubt be hundred fold
greater than could be reasonably ex-
pected in most any other business UNDER
taking. It Is worthy of note that many