Tombstone epitaph., 1901-04-07
A lG I EAL
TraGs'er of C,chise County
 Mines Involving $500, OCU


 An4el, Puir, S,n,or, Seu&tui x" ,, GioeTaIt ', burkey., II hpe pnd Nas' ner, and all located at bi.bre, Were trsnsf, red from Martin Costello |" Lake Superior & Western Develop ment ComI any, was n-umstea \ e. L r1sy sni wsrrsrtv deeds we. nlei for r,coId with the County Re coTder Uni. morning.
 IL will he rrnen brrsd that in No veuter 1899, thsse claims were bond ad by MsItin Costello to L-k' Slie for & T.sIern Dsv-lo pmeut Company tor the .ur Oi sJOOgO0.
 The company in medIat.ly con- mencsd -ork on 6 utle con'psrt- ment working shalt witch th y ssnk to depth of ss6 fec, They then ifif,ed un ,h- 1jJ auo SJ0 iuIt lev, i, sId 'he min's have shown up 70 wei in their development, that il w-- c." cid-d 10 m.ke payment for 'hs pro-
 
 time r'quirsd by their age. ments, in order that the work might be u-h, d more rapidly. FIom the rr- port made it Is shoGn that vi h only s few mupths wtrk in ore bodies there have been taken from the open ing, without any stoping, more trHD l5UO t.ns of oIiiU.d or,- wbicn rill average better than G per C. nt copper with 2 ouuce- of silver and s dollar oi gold to the ton, q at least 2uO, O,uso ons Of ore 0: the same grad sre -r.ahy biOcked ont in the mine. Another shaft h.s recently b eu -t,r ej on rh- Senator, the first being "n the I-!sh Mag, and will be sunk a- rapidly as possible. The orI.inal shaft will alec be sunk tn 6 greater depth in the near future 60 ss ts cut ti rich .ulphids ores which are be- lievsd iu be on ths lower levels.
 Wher the mine began to show up sa ~,ll VI ~as d. cided hy Lake Suler- for & Western Development c m- pauy that it was necessary to form a comuany with greater Capita! 10 wOr. and equip inc nine. Consequently ,everai weeks ago the ~ork Of orgsn- rzing the C-Iumer X Ar.zon. Miniu. (, mi any was bsg"I. his coip,rs | tiUn Is oTganiz.d q der the lave of ard Calumet, Michigan. IL ha- an auih"rzed capital Of S2, 500, ,GU0 | d,vid. d into 25n.0uO shar,s Df par v-lue Sl0 esch. Oi thi-, h"Sever, i jO,OO0 ,haTes are to remain in th- treasury and wilt not he issued ,xc. pt 10 buy additional 'errIt"ry. The balance of $2,O0O.UO0 w,s subscriu. d in few hour. so tnst the n.w corpor- stioD is now ready for bu-iness.
 The tran,fer of the property from Lake Sup-riO: and Western Drveiup- ment Con p,ny 10 Calumet end Ari- zDns Mining Company will Ie made in the near future but there will be Lo interruption of work .t the miue-. The favor ~ith which this property i- :egsrd d in 'h7 east nay be gath cred from the e that the full spi- tai was sub. CT bed for al par within "A fe~ hours and that almost a. soon as the books were clu--d parties ~bo w-Te late in run.c' ibiug Tor the rtock Were offering SIS s -hare for the riyhis oi sub-rIiber., with no takers. and that 24 huurs alter the |, ok ~ere c.Usei the s'ock was quoted at Sl6 A share silb $20 ,h-re a-ktd.
 The stnck Is all h-ld in strong hands and i; i. sltsge her u likely h., mucI- Of 1t can b. had st a much arger fi.ure than the last notation. l. wIil be li-tsd in th- future in east ern markets and Is bound to prove 2 favori'e.
 The twners of the property have the utmost faith in its furur., and will make it a dividend payer as soon as porsiple.
 The Directorate oi the Calumet & Arzons Mining Company IS made np of able business and mining men oi vat experience. Among the numb-r gre three bank presidents and on- vice -rrs,ident, two experience d pr.ct. icsl mi jog men, rhe general superi tendent of snoiher mining company an e-peIi-Dc' d minir z engineer anr .IrscticIrg situTn'y. It |. c.n-iirr d one oi ihs best and stronges nosrd- in al. re.p'cs in the country
 The work st the mine Uiil cnniinu in charge of the present Sup-rrnIen
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