The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-05-22
BOTH FAME AND FORTUNE
Deservedly Won by a Former
Butte Boy.
CAREER OF ALEX TARBET
He Is Now One of the Most Influential
Capitalists of the Country-Netted
100000 by the Sale of the
Center Star.

Alex Tarbet, who saw the 70's go
out and the sos come in in Butte and
| who enjoys the good will and esteem
of something like 5000 citizens of this
city, is moving up the ladder of fame
on a golden tobogGan with steam
enough behind to send him to the high
est station on the financial pathway.
There was time in Butte when Alex
! used to buy one pack Of cigarettes at a
time and smoke in moderation. Then
he used to skate on the roller Kinks
and coast down idaho street in the
winter, and in the summer go out into
the hills and pick gooseberries and kill
| horse flies with the abandon of hap
| py-go-lucky, care-free youngster.
These days he smokes 25-cent cigars,
| wears silk hat Tin New York;, rides
in chaises, by hockey, and enjoys all the
| other luxuries of a wealthy nation.
| And nobody envies his good fortune.
He made his money honora bly,: he
| invested in good mines and luck fused
most agreeably with his tact and
| shrewdness, with the result that he is
| to-day one of the influential capitalists
| of the country.
| Mr.. Ta-bet has spent the winter in
| New York, where he made a million
| or more friends. The other day he re-
turned to Salt Lake, the home of his
youth, and according to reports, he is
| investing in good things there. Of his
latest business venture the Herald OF
| that city said:
'Enriched by the favor of kind for
tune, Alexander H. Tarbet has re-
turned to the city from a protracted
| soiourn in the Eastern states. He will
continue 10 make his home in this city
and will invest a large portion of his
| wealth in some of the nearby mining
districts, in other industries that give
promise of yielding profitable results
| and in real estate.
Last September Mr.. Tarbet went to
New York to conclude the sale Of his
| interest in the bonanza Center Star
mine in Rossland.f B. g. This trans
| action, which Melted MIR. Tarbet nearly
| $4,000 was successfully Cousummated
and in toying with the bulls and bears
| on Wall street he has not been like the
unshorn lamb that lost is fleece.
''Oliver Durant. an I'D Salt Laker.
was associated with Mr.. Tarbet in the
sale of the Center Star mine and also
cleaned up a fortune. The two gen.
! tlemen refused an offer Of 100000 for
the adjoining property, the Idaho.
| iHGlF purpose Is 10 NtNPlOp II OH d
large scale, and this summer they will
install suitable machinery of large ca
pacity for working their remaining bo-
nanza. a
Mr. Tarbet has become associated
| with Allan G. Lamson in the electric
power plant in Jordan narrows, and it
is probable that he~-Will lend a help
ing hand in the development of the
Bingham Tunnel companys enterprise,
| The only reason that every big mine
in Bingham and Mercur has not con-
tracted with the power company for
| electrical energy before now is the diff
ficulty of obtaining hosting and drill
ing machinery from the Eastern fac
tories, so far behind are they with their
orders. but the gentlemen believe the
outlook is encourag cling nevertheless.
Mr.. Tarbet was accompanied on his
return from the East by Mrs. Tarbet
and cousin, Miss Elsie Geoghegan of
New York. Miss Gepghegan is also a
cousin of Joseph Geoghegan of this
city and the lady will spend the sum-
| mer here visiting