Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1900-04-26
IF YOU HAVE
THE SAND.
You may have the Sand,
but Lack the Oppor-
tunity of join
ing the
GREAT RUSH TO NOME.
The Buster Creek Hydraulic Mining
Company, OF Nome, Alaska
has the Sand as we'll
as the opportunity
GREAT RUSH TO NOME.
Description.

This Company is organized under the
laws Of the state OF Washington, with L.
500 600 shares of Capital Stock OF the par
value of $l.00 each. Its principal place
of business will be at NONE, Alaska, with
branch Offices at Seattle, and Aberdeen,
Washington.
1t is Il Chehalis County Company, Off.
GERS as follows:
Geo. ID. SchoReld, Montesano, Presi.
dent; N. II. Cory, "estpor., Vice Presi-
dent; Collin Murray, Aberdeen, Secre-
tary; William Lanning. Aberdeen,
Treasurer.
The Company owns Eleven contiguous
bench claims agg,egating Two Hundred
and Twenty (22O) acres, Eleven miles
from Nome, on Buster Creek, Nome,
Alaska, a short distance below the now
famous No. 3, owned by Jack Cooper OF
Hoquiam, and G. D. Lane Of San Fran
cisco.
The locations were made by Cory, Ian.
ming and Murray the latter part Of Sep.
TENDER, 1899, and in surface prospects,
the claims panned five cents to the pan,
1.-TWO cents pc" pan is considered a fine
showing for Hydraulic work. No bed
rock panning was obtained owing to the
lateness of the season, but every indica-
tlon is that the claims will prove rich at
bedrock, owing t. their location and
what is known of surrounding claims.
The claims will be worked by hydraulic
process, the fall and quantity of water Of
Buster Greek being more than ample to
guarantee first class gravity hydraulic
system.
The Company has engaged passage on
the steamship Oregon, for its officers, and
has reserved ten tons OF f.eight space.
Hydraulic appliances consisting Of 5000
ieet Of Eight (S) inch hydraulic hoze,
hydraulic giant, nozzles, and lumber for
dams and sluice boxes will ia taken in.
For these purposes, the Company has set
apart 25O,O00 shares OF Treasury stock,
100, 600 shares OF which has been placed
on the market at 10 cents per share.
$4,000
was offered the locators for a ntrolling
interest in these Eleven claims, which
WAS promptly refused.
Unlike a lreat majority Of the stock
Companies, this Company is not in the
market to SELL STOCK ONLY. THE
PRINCIPAL OWNERS HAVE No STOCK FOR
SALE AT ANY PRICE. The Company will
sell inst enough Treasury stock to pur.
chase the hydraulic plant, and no more,
anticipating that this summers clean up
will provide ample means for better ap.
plances and more approved methods, as
we'll az paying satisfactory dividend on
all Of the Capital Stock.
We mean business. We are not going
to Nome on wild goose chase, but on
an assured fact
Buster Creek is recognized as one Of the
rich creeks OF the Nome District and this.
Company's holdings are believed to be
az valuable as any on the creek.
1t 10 confidently believed that small
investment in the stock OF this Company
at this time will yield handsome returns.
Nothing ventured, Nothing Gained.
Stock Is now on sale at the following
places with the following officers Of the
company:
Geo. D. Schofeld, President, Montesa-
no, Washington N. 7. Cory, Vice Pres.
dent, Seattle, Washington; Collin Muir
ray, Secretary, and William tanning,
Treasurer, Aberdeen. Washington; II.
L. Saurs, Cosmopolis, Washington.