Daily camera., 1898-02-03
ELDORA'S GROWTH.
Ellora Properties are Commanding Plenty
of Outside Capital.
Especial Correspondence


and the organization known as the Town
size company, has been settled this week.
The Townsite company lost their case in
the Denver land office and appealed the
same to Washington. An amicable COM
promise has been agreed upon and the
Townsite company have withdrawn their
claim. This will be heralded with ap.
probation in this community as the fight
has been very bitter and has been a
severe detriment TO tie growth of this
place. The Placer company have COM
pleted their patent survey and an appli-
cation for patent will be made at once.
This will be very beneficial to this place
as it will bring many investors into the
town, who did not seem to consider it
policy to locate upon ground in dispute.
The effect of the compromise is very ap-
parent at this early day as the demand
for lots has doubly increased within the
past few days.
The new owners of the Village Belle
have taken possession and are busy
working two shifts sinking the shaft.
The Jack Pot Mine company was or
ganized last week with capital stock of
$4,000, to operate the old reliable Jack
Pot mine on Boulder County mountain.
This is very promising property from
which considerable rich ore has been
produced. The new company is COM
posed of Andrew Cunningham of Mime
sofa. c. S. Leeds and A. ]. Baker Of
Chicago, ]. P. Hogenboom and c. E.
Carson of Denver. 1t is reported that
this company will actively develop this
property and will open up the stamp
mill at Nederland for the treatment of
the lower grade ore.
The Eldora Gold Mining company
was incorporated last week to operate a
group of claims on the east end OF
Spencer mountain. They will also in
stall an electric power plant to furnish
power and light for the entire district.
This could easily be done as no place
can boast of better facilities for generat-
ing electrical power.
The old townsite of Sulphide, which
made false start last year, will be re.
vived by the Eldora Townsite company
which was organized last week with
capital stock Of 10000. This is beanti.
full situation for town, and will be
convenient headquarter for the, oper-
ators on Tennessee mountain and the
eastern portions of Spencer and Edo
RADIO mountains.
1t is reported that the old original
Huron mine, the first location in this dis
trict, has been sold to Denver parties
for 5000. This claim was located by
John Washburn and Charles Firth of
Sugar Loaf, in 1887 and sold to James
La Tourette, the owner of the Columbia
Zinc works at Marion, Indiana, in 1880.
After havingit it patented the owner has
been too busy to operate it since. In the
location ad't the vein was fully ten feet
wide, consisting of a good grade honey
combed quartz filed with fine grained
iron. An 80 foot cross cut tun.
mel was rtn to develop the vein. This
mine has produced considerable $50 ore.
H. ]. Won Hemert and Duncan CHS.
holm of Colorado Springs have secured
a bond and lease on the Enterprise Ex.
tension, Southern Boy, Black Beauty and
Golden Age properties on the west end
of Spencer mountain. The bond was for
a large sum for which good cash pay.
ment was made. Extensive develop.
ment will be commenced as soon as the
papers are made out. All of these prop.
critics have strong, we'll defined veins
aud through which the tellur!um belt
passes.
An article appeared last week in a
Denver daily, sent from here, stating
that hereafter Eldora would be known
as Grand Island. This is false. Grand
Island is the proposed name for new
townsite shree miles up the creek on the
north fork, near Chittenden mountain.
Crowds continue to pour into this place.
The stag brought up over 50 passen.
gers last Tuesday. Buifdings are going,
up on all sides and everybody looks
pleasant and very busy. The snow is
bad in mcny portions Of the district. Tut
this doesn't stop business. A one-half
interest in property sold last week for
$500. The nearest point the purchaser
got to the property was about 1890 feet.
He examined its pos sibllities through
field glass.
1t is reported that two extra stage lines
will be put on next week. one from Grip.
pie Creek and one from Boulder.
la. G.
.IHs FIRST TRAIN.