Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1903-07-18
OLD BILL MINING co.

The Old Bill Mining, Milling and De-
velopment company met at their Office
in Custer last week for the perfecting Of
their organization, and the election of
! officers, which are as follows:
President-W. j. Andrews.
Vice President-W. F. Wright.
Treasurer. N. Wright.
Secretary-Ed. L. Grantharfi.
The above are also directors. and with
the addition of the names of DR.. w. Fl
Chambers and w. w. Wright the board
is complete. The capitalization is 800. !.
600 shares at one dollar ashare. 100000
shares of which is treasury stock, which
will be sold at low figure for the pur.
pose Of development and the building a
mill to put the property on paying
basis. 1t is the intention Of the COM
pany to start the work on the mine in q
short time and all of us who have been
familiar with the nature and character
Of the mine for many years have no
question of its merits and possess an un-
bounded confidence in its success.
THE CROWN NINE.
HI. II. Francis returned on the 14th.
He sent his wife and baby to sea shore
while he came to the Hills glad to
escape the excessive heat of Chicago.
Since his arrival he has>closed down the
work on the Crown mica mine and gives
as his reason that, although they have q
market for all they can take out and
have world of mica in the mine, and
that to of the best quality, yet there
were several things to be considered,
and taken altogether it was concluded
that it was best TO shut down for the
present. First, the mica has accumulat-
cd faster than they have been able to
get trimmers to prepare it for market.
Second, the new compressor drill is not
just what the doctor ordered, being too
light for the work. It was bought with
a guarantee and will be changed and
this will take some time, and it was
thought best to stop for about a'month
and clean up and then be prepared to
20 ahead in good shape. Mean time he
will move the diamond drill to their
mine up in the northern Hills Which
viii, aid materially in the development
of that property.
SHUT DOWN OF HOLY TERROR.
The Holy Terror Co. has now ceased
all operations on mine and mill for rea-
sons known only to themselves. There
is no apparent reason for the abandon
ment of the mine, as the result of the
test made on the Keystone ledge was
more than satisfactory, for the HOO feet
explored along the ledge disclosed 40
foot body Of ore that averaged $500 per
ton, and that mode of treatment was
discovered that would enable them to
treat the Keystone ore at good profit.
The pumps and fixings were left in the
niue and fitted with exhausts and seat
ed so that they will work under water
and can he started at any time. The
tools from the blacksmith shop and all
other small loose articles including the
machine drills were taken down in the
mine and left to be covered by water.
1t seems an extraordinary proceeding.
Several heavy judgments are hanging
over the company, among which are sew
eral years back taxes amounting to about
ST., 600, and the damage case of John
Hedlun for $4,000. Several damage
suits are pending which have been made
special cases set by Judge McGee for
hearing at Rapid City this month. The
people of Keystone and mining men who
are somewhat familiar with the workings
of the mine in the past, have every con-
fidence in the mine and believe that the
shut down is only temporary.-Keystone
Recorder.