Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1902-09-25
COMPANY Is
ORGANIZED
Stockholders of the Lancaster
Mine Elect Officers.
PROSPECTS ARE BRIGHT
Capital Stock Is S21, 900. Operations to
PROSPECTS ARE BRIGHT
Capital Stock Is $2i 900. Operations to
Commence at Once. Richard Kennedy
Addresses the Meeting.

A meeting of the stockholders of the
Lancaster Mining company was held
in the council chamber of the City
opera house Friday evening for the
purpose of choosing directors, adopt
ing bylaws and attending to other
preliminary matters of minor detail.
A large majority of the holders were
present and the meeting was an en-
| thuSiaStic one.
G.. II. Baxter was chosen chairman
and III. j. johnson secretary Hon.
Richard Kennedy of Highland, one of
the influential mine promoters of this
section of the state, was present ana
was called upon to state his views as
to the prospects in store for the Eberle
mine, he having visited it and his opin-
ion as an expert miner, being of value.
Mr.. Kennedy in plain, concise man
ner explained the situation as he be-
lieveC it to exist-that examinations
he had made proved conclusively that
the mine would be winner and that
all that was required to make it such
was development. He stated that in
all his mining operations he never
seen such fattering prospects above
the water level and he advised imme-
date work. In answer to inquiries
the gentleman stated that his idea
would be to defer the purchase of any
great amount of machinery until suf-
ficient ore had been placed above
ground to warrant the expenditure Of
the amount necessary to install COM
plete plant.
Mr.. Kennedy's remarks were well re-
ceived and were in line with those of
j. w. Murphy of Piatteville and other
experienced mining experts in this
section who have for some time past
given the question special study and
careful consideration.
A set of bylaws, prepared by Attys.
Brown and Shimmin, were read and
after a few slight alterations and
amendments were carried. Election
of seven directors was taken up, the
vote being taken by ballot, the number
of shares being the basis Four direc-
tors we're to be chosen for two years
and three for one year each. The four
receiving the greatest vote were John
Schreiner, Jos. Book w. E. Shimmin
and L. A. Eberle, and these gentlemen
were declared elected. A motion was
made to declare the next three having
the largest vote directors for one year.
These were r. Meyer, Jr., HI. w. Brown
and E. B. Goodsell. The latter de-
clined the honor leaving FL. Blu, Inner
next in line. A vote taken resulted in
Meyer. Brown and Buchner being
chosen.
There being no further business,
meeting adjourned.
| At meeting of the seven directors
of the Lancaster Mining company held
Saturday morning the following Off
GERS we're elected for a term of one
year:
President .........R r. Meyer, Jr.
| Vice Pres. H. w. Brown
Treas ................... Jos. Book
Secy .................W w. E. Shimmin
Supt. u. A. Eberle
A salary of $50 was voted the secre-
tary.
NOTES.
| Active work was commenced at the
mine Monday morning with crew of
men. An engine and pumping appara-
tus will be purchased and installed at
once.
Three women are represented in the
stockholders, Mrs. j. f. Rhodes, Miss
Wilhelm and Miss Susie England. The
ladies usually recognize a good thing
when they see it.
Secy. Shimmin is the heaviest indi-
vidual holder of shares, having 1850
opposite his name. He will make an
efficient officer.
The names Of the stockholders with
amount of shares held by each is
printed elsewhere in this issue.
-. So