The Somerset reporter., 1903-03-12
Great Mine Iteopened.

Grass Valley, Cali The Daily MprD-
ing Union and Herald Of this city, In les
Issue of Feb. IS, says under the caption
OF will Reopen Great Idaho-Matg.
land-BOston Company Takes Hold u
Gigantic nterprise-Property Has Pre-.
doced slS, 200, 000.n:
The famous Idaho MARYLAND mine il
to be reopened A Boston company has
assumed the responsibility Of the gigan.
tic undertaking, and as soon as sufs Gent
STOCK can be disposed Of to put the great
concern on suitable working basls
active op rations will be commences
With ylgor worthy Of such vast un-
dertaking
In the snnsls Of Nevada eountv's
mining history DO more welcome piece
Of news has ever come 70 light, and
locally this Information will b. haited
with delight on every side.
vt means more TO this district than
words can express, but the Significance
OF the statement may be realiz-d when
it is considered that this vast property
has made number OF millioaaires and
produced over els 900, 900
The Idaho-Marylsnd Development
Company, as it will be known hence
forth, has its main business Office at I01
MIX street, Boston, Mass. II il capital
lied at s. 900 900, the par value OF the
stock being 81, Of which there are ,5O0,-
600 shares In the treasury. The ofieere
are: Thomas W. Shapleigh, president.
with the American Sugar Ref ming
Company, also treasurer OF the Boston
and Portland Steamship Company: Hon.
Z. M. Preston, e-president, who as
gentleman Of high standing and bust
ha
In the county; George (. Marvin, the
second vice-presdent, is president of
the Loder Pyritc Company, and general
manager of the Grand Junction. Col.
Smelling Company; Hon. Henry B.
Colsson, secretary and treasurer, ia
treasurer OF the American Hotel 4
Steamboat Company of Boston; A. A.
Wyman, Esq.,, Boston man, is the
company's counsel, and these with John
Carter, wholesale paper dealer of
Boston, make up the board OF directors.
The engineering department Of the mine
is In charge of c. B. Lakenan an eminent
mining man, with degrees from Ameri-
Can and foreign institutions. The Inter-
national Trust Company Of Boston are
registrars and transfer agents. and the
bank OF Wells, Fargo Il Company of
san francisco receive all the bullion
product Of the mine and act as trustees
for the stockholders.
"Ihe history Of this vast property il
the most interesting in the local annals
The Maryland mine is the successor of
the Idaho, and therefore the Eureka.
the same lode being worked in each
Together they have produced over sl7,-
OO0 200 in gold. The plant is equipped
with 4e-stamp mill, capacity of so Uona
day, the entire works being run by
water power. The present company
propose to increase the plant to treat
$50 tons per day, besides installing a
cyaniding plant to treat the tailings,
which have hitherto gone to waste
When this equipment is complete the
mine should produce million and
half year."
On learning the above an old Gran
valley miner writes: From what (
know of Idaho, having worked all
through it, | would like block Of
the stock. | know all the old miners
that have worked in the mines, and still
have their homes here, will subscribe
| for stock"
This attests the high appreciation Of
the property at home.
Stock in this company Is for sale by
Taylor It Pencil, over Second National
Bank, Skowhegan, Me.