The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-11-02
EVER COLD
MINES SOLD
pwerfuI Company Takes Over
Gold Mountain Property.
las. LAnMERSDORF VENDOR
bRcHAsERs WILL OPERATE ON
LARGE SCALE.

7 ITHOUT any advance display, the
sale of the Sewer gold mines at
Gold mountain was consum-
ted in this city yesterday, and to-
b Charles Lammersdorf. the owner,
YES for camp with his bank account
Billed by many thousands of dollars.
+ purchase price OF the property
IS not released, but judging from the
ne heretofore placed upon it by the
|idor, It is fair TO presume that the
Esaction involves not far from $780,
he purchaser is the Sewer Consol-
TED Gold Mining, Milling & Pros
sting company, a Washington, D.
organization which owns, in ad-
4 on TO the new purchase, four adj
hing claims, which have been oper-
III for more than two years past.
the Sewer group contains four full
/ inns, the company's holdings now
Ter over 160 acres of what is be-
4 ed 10 be about the richest gold
ring ground in the Gold mountain
{ rict.
ne deal was practically closed in
BEN on Friday, when Mr. hammers
M went up to confer with w. Z.
son, president, and Captain H. c.
Fvrence, secretary and treasurer, of
company in behalf of which the
chase was made. Together the
ties named came down to the city
3Ierday morning and. with the deeds
escrow at McCornick's bank, the
4eal payment was made, the contract
Viding that certain sum should
E1aid every sixty days from now I'M
the emu of 1904, when, unless the
cation is sooner discharged, final
will be passed.
lille the Messrs. Maison and
s. rence are largely interested in the
ter Consolidated company, it is un-
TODD that Seymour w. Tullock, the
Ellington millionaire operator, is the
f man in the enterprise. He is
president of the company as well
assistant treasurer, and is known
fbne Of the heavy owners in the
ous Greene Consolidated Copper
pany, with mines in the state of
bra. Mexico, and about forty-five
s south of Bisbee, Ariz.
ter the winding up of the trans
pm, Captain Lawrence, who is the
ager of the company's property,
ed that AL arrangements were
tically completed for the enlarge
of the old Sewer mill. from which
LammersdOrf has obtained many
ndscfre gold brick, to a capacity
Sfty tons per day. Cyanide tanks
to be added to the equipment and
plant placed in commission at the
est possible moment.
is our intention" said Captain
renee, Ito run the plant at the
city mentioned until spring, the
being to learn precisely What will
eeded in the way of equipment for
rye plant, to go up later. The
erty has not been secured for
1lative purposes. We intend to
le it for the value we are sure
bntains, and not as a stock job
81 proposition. During the past two
I have become very we'll ac-
hted with the nature of the mine
the ground adjoining it, which We
s ously owned, and have no doubt
the future of the undertaking"
the terms of the agreement en-
into with Mr.. LammersdOrf, the
retains possession of his resi-
at the mine and there he will
nue. to make his home until the
sRrty has been finally paid for by
purchasing company. The deal is
psf important one to the district,
means the operation OF the prop
on a large scale and gives the
formidable, though not hostile,
Of the great Annie Laurie, from
On it is distant only about two