Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1898-05-21
SALES AND DEVELOPMENT
MINING IN THE NORTHWEST.
The lie Roi Sold for S3,OOO.OOO-
Historical sketch of the Famous
ROssInnd PrOperty-In the Pierce
District of IdHho-New Life in JEFF
ferson County, Montana.

BY far the largest mining deal ever CON
/ summated in the northwest was closed
Saturday when the final papers were
signed that transferred the famous lie Roi
mine and smelter at Northport to the
British America Corporation for the sum
of S3,O00000. BY the terms of the sale a
! half million dollars is paid down and an
/ equal payment made monthly until the
entire price is paid. The lie Roi since its
/ first development in 1895 has paid in div
/ ldends the handsome sum of SS25,000 OF
/ the 100000 paid for the mine, four
/ titths of it goes to Spokane parties. The
new owners have already acquired all the
mining properties surrounding the lie Roi
and Red Mountain, embraced in about
800 acres of land, and it is now the inten-
ton of the corporation to develop a num-
Der of these mines from the workings of
the lie Roi mine slus saving a half mil
lion in development work.
Joe Burgeois and Joe Morris, two
French-Canadian prospectors, We're the
/ discoveries of the property. Joe Bur
geois, who had mined in placers but never
in quartz, was sent to do assessment work
! upon the Lily May. the first claim located
in Rossland. This work performed Bur
geois loafed and smoked and waited for
supplies that were coming from Nelson
Looking across at Red mountain, he saw
if was Lore i'm nI,oos and could ho easily
nrosnactod In tbo meantime no had bo.
come associated WITH loo Morris , n,os.
hector and tho two went across the can
Won and discovered tbo hold iron c,nnino
Of numerous stropa voins IN those tboI,
located tho To Pni +ba War Eaolo tho
Center Star tho Idaho and tho VIRGINIA
Rut with n,osnoctiyo millions IN thoir
ora.n R,,aaoil and Morris ,vora moor
mon so moon +hat tho,, con1d bardl, i,i,o
orubstake B,,rooois with his scan+ ont
fit tramnad ovn'. to Nelson Tbarn he
showed al. son,nIo. with IttIo oroon,,o,,o-
p,ou+ R,,,,,ooil won. dooidodl,, II,,o and
DISCOURAGED until he RIM across Colonel
J. : ,ro,,,;nn T,nn;ncr had hoo, n,iniro
rocordo,. ADD ,,.as r,,nnin,, small storo
ot NoIson Ho questioned Rn,oooi. and
fond tb,t tbo only. os.,,. ,,.,s from, tho
\i,oinio ..Tbo ofbo.y n,a,, do bottor"
bo ,o,so,od 81, : oIoap GRO and tho vein.
ara IT,
Tho ontcon,o v.,e +bat R,rcoois and
ronn;,o ,nado . ,diol.or,, Tonnino was
10 nav, az, foos t-s loco tin,, tho five Claims
and was +o have his choice Of one of the
,,,,l,.o,tio. pnr,oa;. o,o,. hack IA Trail
rroal strinnod off the iron cannino mt
in . fou, shots and fonnd clean ore above
tha fin. roofs Tonnino followed and made
a,,do os.o,,s which oava moro oncour-
oooinc rotn,.ns. and tbn tbree-Tonnino
I{7,r,onis and Nror,.i. gatborod around
thor, lonely camn fire and resolved to
stov With the strike and give it a fair
trial
That i tho story as narrated bv Col
onal Tonnino Of the discovery of the
mines Of Trail creek
Rurooois sold his holdinos for $4,000
or 500 OGo and wont nm into the Fort
StooIa district and located = silver-lead
cIoin, sold i for. 500 600 and then went
70 tho Northwest Territory bonoht a
5OoO-acre ranch and sent back east to
Canada for his relatives. The dream of
his life has been realized; he has struck
1t rlch and settled down.
MarllS carried Slo,ooo TO 9lZ'ooo out Oh
the camp, came down TO spokane, married
school teacher ana bought nome Oh
the north side and has since become
farmer,
In the fall OF 1870 George NJ for'ler
was at Colville trying lawsuit ana be
came interested IN the lie kol' lie en-
tered into bond with topping whereby
he agreed, in consideration OF fourteen