The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1901-02-22
Local People at the Head of Syndicate That
Controls Valuable Properties.
FIRST AUTHENTIC INFORMATION AS TO ITS POS.
SESSIONS and capitalization.
Details Of the Companys Progress and Results of the
Investigations Made by Local People,. |
Other Matters of interest.

AS Is we'll known considerable inter-
est has been developed during the past
year in mining enterprises in Kentucky.
Missouri and several of our western
states. and many Of our citizens are
substantial stockholders in lead and
zinc mines in Kentucky and Missouri
and in gold, silver and copper mines
In the west.
Among the most prominent of the
Canton mining corporations is the In
ternational Mining & Developing COM
pany, originally known as the Molly
Stark Mining company.
Knowing the interest which the gen.
eral public always has in the develop
ment of enterprisesof this character,
and for the purpose of securing the
facts, a reporter Of the News Democrat
called upon the directors of the min
ing company at recent meeting and
solicited the data respecting the char
acter of the company's holdings.
The reporter was informed that up
to the present time, the affairs of the
company had not been made public,
but that inasmuch as the company is
just now issuing a prospectus of its
holdings, there would no longer be any
objection to the publication of the
points covered therein. The reporter
was furnished prospectus, from which
the following principal points were
taken:
The company has three splendid
mining properties located in the
best mining districts in the United
States, with excellent mill sites, water
power and unrivalled shipping facili-
ties.
"The mines are gold, silver and cop
per. First, the famous 'Mollie Stark
group of quartz lodges, located in the
heart of the celebrated placer and
quartz mining district, in Placer county,
California; second, "The July Copper
Claims located in Sierra county, Cali
fornia. and adjoining some of the
richest gold and copper mines in this
famous mining country; third, The
lone and other copper and silver min
ing claims located in the Yerrington,
Nevada, mining district.
'In addition to these mines, the ex-
elusive agency and control of the Robi-
son Centrifugal Ore Concentrator, a
newly invented machine for separating
gold and other precious metal from
gravel and mill tailings, has been secur
ed for this company for the Pacific coast
states and Alaska, together with a.
working privilege securing to the
company the right to operate the ma
chine upon placer claims in the repub-
lie of Mexico.
FORTUNES IN MINING.
Mining for gold and other precious
metals, has. from the remotest period
of time, proven an alluring and fas-
nj har IF
occupation offers such opportunities for
rich reward as does that of mining. In
no other way have immense fortunes
been made in so short time. The poor
miner, who has not in his pocket the |
price of a nights lodging, may,
by single stroke Of the pick, unlock
natures treasure chest and take there
from his millions.
1t is on account Of the opportunities
thus offered that men are constantly
tempted to leave the comforts of home
and civilization, and to brave the perils |
and hardships incident to a miners
and prospectors life. OF the many
failures the world hears and cares little.
1t Is enough to know that occasionally |
fortune is kind and success comes to
some.
WlLDCAI ECULAIlON
has had, and is still having a bane-
ful influence upon the mining industry. |
Many people have come to look with a |
certain suspicion upon all mining ven-
lures on account of the large number |
of so-called mining companies that |
have been organized for the sole pur-
pose of fleeing their stockholders.
Mines have been "salted" and all |
manner of frauds practfced in the past, |
which 1t would be impossible to prac-
tice at the presnt time. Indeed, the |
mining business has undergone such |
wonderful development during the last |
twenty years, and the knowledge of the |
subject has been SO perfected, that it |
IL to day as legitimate business as any |
other. In no line of business, however, |
are there such opportunities for rich |
reward.
During the last fifty years thousands
Of hardy miners have been sinking their
shafts and driving their tunnels along
ne fipty
X SEASJJ Of QUARTZ LEDGEs.
MineralOgists and experts have been
busily engaged In studying the various
formations that are peculiar to gold
bearing ores, while assayers and chem |
lists have been testing the several kinds
Of ore and discovering new methods of
extracting the precious metals.
The result of all this is that much
valuable and accurate knowledge has
boen obtained respecting the charac-
ter and value of all kinds of ore bodies,
and II the rules and methods of ordi-
nary business are applied to mining,
<he risk incident to the business is no
ryeater than In any other line Of busi-
THE INTERNATIONAL
ming = Development Company was
(Gtpnlly organised In May. 1900, un-
- ~ name OF The Molly stark Min
I1mpony. At the time the company
oo11l1tah lfa fncornOraforn had