Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1902-06-11
The One Million Dollar Bond on the
Barnes.king Property Expires
Next Wednesday.
cuRRAN is WORKING TWO BONDS
Good Indications on the kendall-king
Property-Tolbert Takes Bond
From Crawford and Gudgeli.
(Kendall Chronicle).

A large amount OF public interest
in this part Of the state is conferred
in the question as TO whether or not
j.. l.. Bright and his associates will
take up the bond they hold on the
Barnes.King property in this district.
The time of the bond expires on the
18th. and the holders are asking for
an extension of three months, and
they have offered to pay a large sum
Of money for the privilege. But 1t Is
extremely doubtful il an extension will
be granted. The Barnes-King people
believe the property is worth more
than what the bond calls for-one
million dollars-and would be well
satisfied II the property did not pass
out of their hands. 1t is believed,
however. that the sale will go through
in the time specified.
Another shipment of bullion was
made last week. 1t consisted of four
bars. and the valuation has been IN
nounced as $500. These shipments
are regular events. The work of de-
yelopment continues in the mine. The
drift from the shaft is now in ore.
and other parts of the mine are look
ing better than ever before.
Night and day shifts are at work
running a tunnel on the Kendall-King
property. The face is in a favorable
formation. and the management *.
poets to strike ore at an early date.
Mr.. Archer, who is financiering the
company. reports very good success
in that direction. so development is to
be pushed with vigor.
Albert Russi and Gus Schiller are
at work on a group of four claims ly.
ing southwest Of the Kendall prop
erty. They are meeting with great
encouragement, having ore that car.
ries copper and gold.
II. G. Curran of New York, who re-
Gently took a bond on the group of
claims belonging to ID. l.. Kane and
others. and located at the east end of
the cyanide belt, has directed that
work be commenced at once. A force
of men will do some etensive pros.
pecting on the property this summer.
Mr.. Curran has a bond on another
group in the same ne~ighborhood. and
he is also interested in promoting the
sale of the Barnes-King property.
A deal was put through last week
which will have an important Tearing
on the early development of the east
ern end of the cyanide belt. Some
time ago William Tolbert, represent,
ing eastern capitalists. entered into
negotiations with George Crawford.
r. f. and NJ. S. Gudgell and ID. j.
Burr for a half interest in four prom.
Using claims located at the head OF
Little Dog creek. and net to ground
belonging to the Barnes King. These
claims are the Occidental. North Star,
Python and Bulls Eye. The agree
ment is that the claims are to be pat
ented and a company organized, and
in consideration of this work Tolbert
and his associates are to have one
half the stock. Work must commence
within sixty days. f. p. Mendenhall
OF Oskaloosa. Iowa. and G. T. Carter
of New York are the eastern gentle
men interested.
Not much work has been done or
the property, but the cyanide ore is
visible and ii gives fair values. Or
the North Star a tunnel penetrates
the ore body. II is the intention to dc
a large amount of work on the prop
erty this summer