Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1902-05-05
PROFITABLE ME.Xl-
CAN INVESTMENTS.
A. 8. Witherbea's Success in De-
velopinR the Resources Of that
Rich Country.

The development of the rich, natural
resources of Mexico has opened up TO
American capital what is undoubtedly
the most attractive field for investment
which the famous Humboldt said that it
was vast and rich enough to produce
all that commerce now collects from the
rest of the world is Il land where for
tunes are being and will be made more
rapidly than anywhere else.
An American who has been conSplcu-
Gus both for the number and success of
Mexican enterprises which he has pro
NOTED is A S. Witherbee of Milwaukee.
Mr.. Witherbee was formerly in the IN
surance business, but for number OF
years Mexican interests have claimed ms
ed as one of the best authorities on IN
yestments in the Republic. Mr.. With
erhee launched the Company which owns
and operates the now celebrates GUERRA
dilla mine, which is one of the largest
producers in the State of Durango.
Those whom Mr. Witherbee induced to
invest in this property have received rlch
returns. The Quebradilla is capitalized
at $5,OO0,000.
Mr. Witherbee also formed the Don
Carlos and Eureka Copper and Silver
Company, with $2,5OO,OOO capital.
CORPORATION with wide range of OPP
erations is the Mexican Mining and De-
yeIopment Company, which was organ
;1ad by Mr.. Witherbee and of which he
is secretary. This company, with cap
ital of 81, 100000, has offices in the Clty
of Mexico, Chicago, Detroit, New YORK,
Boston and London. 1t has acquired;
through purchase, announcement and
government concessions. a number of
very valuable copper, silver, lead, ,goid
and tin mines, and besides has working
bonds and options on a good many 9th
ers Dealing in Mexican lands and In.
vestments is also an important part OF
the company's business. There is no wa
fer in the stock of this company, and
the satisfaction of those who invested IN
it at organization may be inferred from
the fact that the shares (par value SD
are now held at ST. Is. The Mining and
Development Company has liberal
charter and proposes to foster and de-
yelop any legitimate enterprise in Next
co which it's officers deem it profitable to
Another of Mr.. Witherbee's enterprises
is the San Toy Mining Company, whose
mines La Fortuna, La Trinidad, INDIE
pendence and Bustillos are in
the famous Santa Eulila Dis
trict, chihuahua. Adjoining proper
ties are owned by such well known
Americans as Hon. Williams G. Whitney.
Oliver Payne, Heart estate, Standard Oil
Co, Kansas City Smelling Co, and
Moore & Schley.
Although MEXICO Is new country HI
the sense of having great undevefopetI
mineral resources, yet the nation is old
in mining experience and as a matter Of
fact investments there are hedged about
with exceptional safeguards. The min
ing laws are just and wise and to the
credit of the country it can be said that
the history of Mexico is singuarly free
from the record of wildcat swindles
His knowledge of the country and his
confidence in the security as well as the
profit of capital invested there, has led
Mr.. Witherbee to freely advise the pur-
chase of stocks in legitimate Mexican en-
terprises-a course which the success of
his own companies has amply justified
Associated with him IN the companies
which he has forced are men of promi-
hence and high standing on both sides OF
the Rio Grande.
Mr.. With erbee manages his various In
Eerests from his Office in the University
building, Milwaukee.