The daily journal. (Salem, Or.) 1899-1903, 1903-02-28
TO OPEN
BOHEMIA
MINES
Golden Rule Co. Ready
to Operate
District one of the Most
Promising In the State
Substantial Salem Citizens
are Back of the Project


That Salem is wide awake and
: ready TO take advantage of her oppor.
tunities is a matter that was settled
long ago. One OF the most recent of
her ventures has been the acquiring
of mining property and the organiza-
tion of a company for the purpose of
its development. The company, The
Golden Rule Consolidated, has its
head Office in the Mccormack block
on Court stret, and it's. present pro
perties are all in Bohemia district.
On November 10th last, the Golden
Rule Consolidated Mining & Milling
Company was incorporated here, un.
der the laws of Oregon. The capital
stock was placed at $500, 900, divided
into 10000 shares, at the par value
Of 8 cents each and 2,S04O00 shares
We're put in the treasury for develop
ment purposes. Since that time the
sale OF shares has gone on steadily,
until at the presen time the company
is thoroughly on its feet and getting in
better condition every day to carry
out its objects.
The directors of the company, a
very conservative boay OF men, un.
animously decided to secure the pat.
ents on all fifteen OF the claims of the
company, in the Bohemia district, in
Lane county, before doing anything
else This was the first thing. Not
dollar was 10 be spent for mills,
machinery or anything else until this
object was obtained--and the whole
OF 1903 was set apart TO be devoted to
this purpose II necessary. But the
sales OF stock and the work of the
company generally is going ahead so
satisfactorily that 1t is likely that 1903
will see a 10 or 20 ton plant in opera
tiOn some months before it's close,
crushing out the rich ore in the claims
Of the company.
The Man at the Head.
The president Of the Golden Rule is
w WI WtNhN'ls lOIhtAly Ol lHulduh,
who has been In Salem about three
years He is known as a square man,
and upon his reputation a good deal
Of stock is being sold in the East.
c. Marsh, Of Salem, is a well known
capitalist here. He has been uniform.
ly successful in his undertakings, and
he is above everything else careful
and conservative in all business deal .
ings and management
The treasurer of the company is
VIM. Lansing, who came here from |
Iowa about three years ago, who pur-
chased valuable property in Salem,
and who is known as a good neighbor
and an honest upright citizen.
C. l.. Johnson the secretary of the
company, and one Of it's principal pro
moters. is a mining man OF experience
He went through the Cripple Greek
excitement. and was operating there
from 1891 70 1899. He predicts that
the Bohemia district will be a second
Cripple Creek, and he will bend his
energies 10 make this proposition a
success, and thus aid In bringing 10
pass the truth of his prediction. Mr..
Johnson. where he was known in the
East, stood high among business and
men.
The othre directors Of the company
are as follows: d. Steiner. the we'll
known timer and hardware man OF
this city. His reputation for fair deal
ing and honest busines judgment has
been established here for years.
Prof u. NJ Paryin. president Of the
College OF Music, thorough,
ly well known here as an upright and
enterprising citizen
A. F. Homyer, Of Alta Vista, Iowa
who is well connected there, and
whose parents and brother reside in
salem
Fred Wechter. of Berne Indiana,
brother Of the president OF the com
Dany and who conducts barber
business in his home town.
Edwin Heller Of Linn Grove. Indi-
ma. a merchant who Is well rated BY
he commercial agencies. and who has
reputation for responsibility and fair
,eaiing among his neighbors.
l. ~ Brown salems well known at
orney looks after the cOmpany's le-
al affairs which Is sufficient assur
nee that along that line II viii b.
xcellently advised and rs Affairs pro
erly looked after e