The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-02-04

MINES AND MINERS.
ONTARIO COED FIELDS.

ONTARIO COED FIELDS.
The HomestakeE Gold Mining
Company. Of Ontario. Limited, is
organized under the laws of the
State of Minnesota. Capital stock
81. 100000. divided inbe 1.25o.OOO shares
of one dollar eacb fully paid and
worcestershire. 81 81
Seven Hundred and Fifty Thou
sand shares tn the treasury.
The head Office Is In this city,
well known st. Paul linen. The
d secretary and treasureE are placed
under proper bonds, which are to
be increased as the necessity re-
g. quires. all under the MANAGEMENT
D OF the board Of directms.
This Company owns two rich
mineral claims in the Lake of the
D Woods country. Ontario, amount
Ing to over 100 acres. The vein
h rs conceded ns ssao to be the largest
covered in any land; its width is
from 400 to 600 feet, and it's length
D over one mile.
K ne Falue OF THIS great deposit
is from N.5o to 1885 per ton. while
mining. should not exceed 81 80 per
ton, as we are able to simply
quarry 1t out.
I The great Homestake. of South
Dakota, with values never exceed
Ing $500 per ton. have paid $685.
K $50 In dividends. We will do the
same. 80 . - = -
The original owners of this great
property take stock in the Com
b pany for the property. and their
shares. when issued. are to, be
placed in the hands of q reliable
trust company, to be held by such
\ trust company until this Company
has secured a mining and milling
/ plant of $50 tons daily capacity.
A HUNDRED-sTAMP MILL, ON
this great deposit win earn from
D 70 to 40 per cent annually on the
par value of the shares. which
means from 200 to 400 per cent to
D the investor who buys now at ten
cents per share. We have the adj
vice and counsel Of competent en-
glneers In the expenditure of our
funds.
We can quarry out 10000 tons Of
this ore and have 1t treated at
the public reduction works as soon 4
as navigation opens. and by this
means can earn enough to buy our
own mill. and for this purpose we
are now selling ONE HUNDRED
THOUSAND SHARES of treasury
STOCK at ten cents per share cash.
or on the following terms: TWO
cents per share cash down and one
cent per share per month until
paid.
No certificates will be. issued for
a less amount tha Il s shares.
We do not expect to be very
D long IN dfsposing of this issue. ow-
1t is selling. Don't wait too long,
but send in your 6rder-at once II
you want any Of these shares. If
you nave any money to invest,
place It with home people and buy
q SHARES that entitle you to an
good. reliable company.
BEWARE of so-called dividend
bearing certificates; they do not
convey ownership in any property,
put simply a share in the profits
brokerage firm or syndicate.
our shares are worcestershire.
and every share entities the hold
er to an interest in the property. -
The board of directors who man
age the affairs of this Company
are as follows:
Cyrus Wellington. Ronald Stew
Il art. John W. Nelson. w W. HI. Hill, 7
James A. Kelly. Fred J. Bowman,
N. c. Westerffeld. CD. Pruden
and z. e. Btrbeck.1
c.. D. Pruden, President: Fred ].
b Bowman, Secretary, and Ronald
Stewart. Treasurer. Don't take
any chances. but invest In a home
8 company.
Make all checks payable to the
D treasurer and address all letters
to the
HOMESTAKE
GOLD MINING COMPANY,
OF ONTARIO. LIMITED, S.
41O-411 Manhattan Building.
St. Paul. Minn.