Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1900-07-14
SMELTER PROPOSITION.
A. j. Frank Submits Very lmpor-
tant Letter on the Subject
COMMERCIAL CLUB MEETING TONIGHT,

a meeting of the Commercial clut
VIII d. held ths evening to tukr alm,
action on The smcucr pr1puai ton wlitoh
was reccntly submitted 90 ths club D.,
\. j. Frank. of DonVer. and t a urgel
thht all members make 81 point TO az
tend the meeting
tn, following Important icttcr upon
the subject, giving the details uf thc
proposition. was received boy the sec.
rotary of the club
Albuquerque, July O. 1909,
MI y. r. McCanna, Secretary ~ ths
Commercial club. Albuqucraue ~. A.
Dear Sir -Rcferrlng TO your letter uf
recent date and Co several letters from
Air saint. chairman vt your D5mmi itoe
on mines and mining. relative to ths
loNatng of smelter plant nt Albu-
uueis J think, pDruapa the better way
t0 do, in order that the proposition
which has .ccu before your board ot
directions, may hv act,d upon intoIlI.
gently, will be- FOR me 10 put 81 In me
form of "a direct propua ton 10 the cit.
izcns OF Albuquerque through your
commercial organization.
Briefly stated myself aud aagociltos
have determined ~ on building a amel.
ter somewhere ln the southwest. ami
We have the capital 10 build the plant
and 20 provide the funds necessary 10
keep up the stock OF ores ami other
material which would be- required %
h our purpuso to begin with, To- build
ameltur of the capacity uf not less
than 200 toms pee day. our present
plan is to construct plant practically
according 60 The detailed spcclnoat ons
as shown by original specifications u
detu OF May 90 1900 from the Colo
RADIO Iron Works, of Denver. COLO a
tissue copy 81 which is attached To- this
proposition. and marked Exhibit A."
J., will bee understood of course. that
aside from the details given in Exhibit
A, there viii be- between one hundred
thousand ana two huudred Thousand
brick and such other building material
required. 1ll of which % ~ our lnteu
uon to pay cash Tor.
We are ready 90 agn a contract
with The Coludo Iron Works cum-
psny. above referr,-i To-. or with some
Other reiiable machinery company. 10
supply the necessary machinery Cor
such "a plant. and are only waiting 90
determine upon the point Oi location
AMI the question of having the good
Viii and hearty support 81 The citizens
"a, the point OF location
1t 10 our belief that the latter ia best
secured by having the c.lzcua inter.
,e ed directly with Us, and after cons q
ring various locations b. "a our im.
PRECISION that Albuquerque 0ffers suit.
able conditions Tor the location OF our
plant and. Tor myself and Un The par,
OF my associates. I desire o. propose
To your citizens, through the CONNER.
cial club that We vail locate al Albu.
querquc providing that the cia1tns feel
sufficient intorcst 10 join with us and
subscribe for "a portion OF our capital
stock, which oupif.l stock will he 81,
900 900. 0ne-tcntn OF which We offer t0|
your citizens az nifty cents ON the dol.
lar although q ia our drm belief thai
within year after our plant b. lnI
of GRAFTON the stock viii be worth par
and, therefore, u your commercial ur
will appoint a committee b
take up this subicct dirept,y with the
subscriptions wherein the subscribers
agree 60 pay $4,000 for $1,000 OF fully
paid up ana non -asacsaible stock of
the capitalization of 81 O00.O0O no por-
t'on of which subscriptions % be- paid
10" by your citizens until plant sim.
liar to and practically the same as
herein described shall have been bull,
oI grounds withn Two miles OF tho
cly limits OF Albuquerque. fully com
psvtcd and ready To blow iu We viii
locate al albuquerque. The headings
t3 the Pfopu@ci subscription lists are
- contain conditions as q payments
as ut forth Ia this proposition.
That your citizens may have some
realization OF the magnitude of such
works "a contemplated. 81 will not be
out of place 20 call attention 60 some
uf the requirements fOr such "a plant
and To some OF the benefits viii |
would result % a community from hly
ms such "a plant located In its midst
Ia order So Operate such works & Wii
BE- necessary for our smelling company
. have a capital sufficient 20 carry on
iu operation under an conditions like
is arise. ami. therefore. after the
H urks are completed aul ready 90 bg
blown Ia, working capital Will be TO
qLircd sufficient 10 provide two hum |
ir-i tons ~ orv per day. which may
bo estimated approximately. al a val |
un tson OF $50 per ton, ami o. meet such |
contingencies as waEhouts, railroad or
mining strikee. or "a shutdown ara Ding |
from ans causc as well as 10 b., Ice
position 90 take an Ores of commercial |
value shat may be- offered (thcrchy |
creating az Albuquerque "a hxei and |
reliable market Cor the ores of tad /
southWesD. it will b. necessary al ull /
times 90 b. prepared 90 have on hand |
SIXTY days supply of ore which woul |
be $4,000 tons. with an approximate |
money value tied up ;hcraiu 0f $500 0Ol. |
" Which, added 90 the cost % tfr plant. |
NIll require a cash investment approx |
ima,lng 100000 The pay roll can be
safely estimated at $3.50 per day as. |
from the outset when in full op,au. /
ion, there viii be required two shifts |
ls men 0f approx matcly 90 each more /
ovcr, wo have investigated This sub /
ieCt Huiieiently 10 believe THAI there
wall be- an ore supply not only sufficient |
'0t me plant ia question but sunleieut 4
- hkeiy rcquire an charging Of tho
plant ant u the supply shall be- such l
~ to warrant the budding OF refinery /
~ Albuquerque in connection with tha
smelling plant tand b b our belief q
MID it is our Intention ~ 60 DO
Having already secured an The ZAP
.tal necessary to put the foregoing
plans into operation. ami desiring to
have a representative OF the machinery /
pmpauy which may nnoily SECURE our
contract 90 b. upon me grounds az
iuickly a. possible FOR tho purpose OF
making the necsgsar yexaminauon. for
nulutlng plans of building etc. / de-
'inr 90 have the acceptance or reiec
SON of this proposition from your "a
'ous at the earliest possible date
Very truly youru
a. J. FRANK
A. seen from the date Of tho iDtiDr