, 1902-02-25
SHELTER
ASSURED
AGREEMENT REACHED AND COM.
PANY FORMED At MEETING
WITH SHELTER AGENT.
Committee Appointed at Meeting Of
Business Men Last Night Empow-
cred to Confer With Representa-.
tive Of Vulcan SmeIter Company
Money Will be Deposited in Bank.
Laramie will have a smelter.

Laramie will have a smelter.
This was the result of an agreement
reached at II O'Clock today between
b. Frank Hand. the Denver representa-
tive of the Vulcan Smelter and Refin-
ing company of San Francisco and q
committee representing the business
men Of the city, appointed at a meet
ing held last night and empowered to
take the steps recorded above.
The smelter will be erected on a
spot TO be selected and will be built
by the Laramie Smelling company,
formed at the meeting this morning be-
tween Mr.. Hand and the committee.
It will be erected as soon as the de-
tails o. the plan can be worked out and
the machinery received from San Fran.
cisco and placed in position.
The committee this afternoon is out
among the moneyed men Of the city
taking subscriptions to the capital
stock Of the company. and Judging
from the experience Of one member of
the committee, who had 5000 pledged
without the asked and before he had
reached his office for the days bust
ness. the committee will have o
trouble stopping the flow than starting
The company's organization will be
completed as soon as a meeting Of the
proposed shareholders a be held and
the Incorporation papers prepared.
At the meeting last night at the city
hall, with Mayor Spicer in the chair
and about as many citizens as the hall
would seat present, Mr.. Hand made
his proposition, which is considered az
fair as can be made. He told Of the
Vulcan smelter-what 1t will and what
il will not do. said the ores he had
beer shown as coming from the mines
in the golden rim were ideal ores for
a custom smelter, and urged the e
ton of a smelter here. He said the
citizens need not necessarily buy what
he had to sell, but that nothing would
more stimulate the mining industry OF
the section than a smelter, where the
small producer. unable to stack his
ores up until he had a large mount
and was unable to pay the freight
charges to a distant smelter, would
have some show of bringing his
few tons OF ore to town, getting
the money for it and going back and
in his small way get out another lot,
one lot paying the expenses while he
developed his mine and produced an
other lot. The smelter should be
built here in Laramie, in the very cen.
ter of the circle, and he would advise
4 small shelter at first-better to have
a small plant at work making money
for its owners and assisting in the de-
velopment of the mines than a large
smelter lying idle, a weight OIL the
hands of its owners and a black eye
to the mining industry of the section.
Mr.. Hand then entered into a tech
meal description Of the Vulcan smell
ter giving figures as TO capacity and
cost, and saying that it was practical
" selfoperatlng, requiring a very
small percentage Of skillful labor In Its
operation. 1t can be blown in and
blown out in thirty minutes. and wheu
the company for any reason runs out
of ore or wishes to shut down for any
there Is no loss in shutting
down or starting up again.
The ores he had seen, Mr.. Hand said.
were ideal ores for a smelter. The sui
phides would handle easily, as by the
Vulcan process the sulphur contained
in the ores furnished a large part Of
the fuel necessary to smelt the metal.
and thus there would be q saving In