The Harrison times., 1903-08-08
The United Zfns Company of Arkansas.

| Prehm1nary arrangements are un-
der way for the organization of the
most comprehensive mining COM
pany yet to undertake operations
IN the North Arkansas zinc field
the broadness of its plans not only
including ample means for successful
| operation, but selection of twelve
| properties which, with an area of
from 40 to 160 acres in twelve of
the best localities of the field, four of
these tracts being in Boone county.
hve in Marion, two i'll Newton and
one in Searcy, These properties
have been the careful selections of
our townsman, John A Bunch, who
has bee for the past ten years choos-
ing them from among the multitude
of properties which have come under
his notice either as Receiver of the
t. 5. Land Office or as mine dealer
and operator; and this being the case
1t would be strange indeed if they
were not among the very best of
their character the field has to offer
Many years ago when the south
west Missouri zinc field was in its
infancy, the CRANKY Mining Com
pany was shrewd enough to see that
the easiest money of the future
would be in the ownership of mining
| lands to be leased to operators; and,
acting upon this idea it bought scat
tered tracts of land wherever there
might be an outcropping or even
suspicion of mineral values 1t still
owns lead and zinc lands in Newton
G&unty, south Ofus, purchased thir-
ty years ago, and when the nearest
railroad to the mines was 135 miles
away. Along with other advanta-
ges offered by the United Zinc Co.,
it may be suggested that, whether
so planned or not, it is destined to
become a similar factor in North Ar
kansas development. To-day the
CRANKY Mining Co. is receiving
thousands of dollars monthly from
leases on its holdings throughout
Southwest Missouri; who can say
that the United Zinc Co., a few years
hence, may not be doing the same
thing in Arkansas.
The TIMES man has in the past
visited most of the localities in which
tins cOmpany's lands lie, and is of
the opinion that the development
which is contemplated must prove
that 1t has some of the most valua-
Bile properties of the field. To doubt
this would be to question a good
portion of our best proved mines.
The plan of organization is one
that gives promise for the immediate
activity of this company, and Incl
dent increase in the value of its
stock. Ten per cent of the amount
receivedo on the sale of the first 81, 500
shares is to be set aside for develop
ment work, which amount iudicious-
lySxpended must prove the value
of much of the land and add at once
to the confidence of all in the enter
prise
The company will be capitalized
at 100000, and One-third of this
amount is retained as treasury
stock for future sale and use in the
prosecution of the work laid out
At present the stock is being sold at
20 cents on the dollar, and at this
figure should prove one Of the most
| +RRt,eaetiye R invest lents on the mar
Ne are pleasedtoo learn that al
ready several Ia ge blocks of stock
have been subscribed, and the com.
pany's local representative as well
as its originator, Mr.. John A. Bunch
gives us to understand that it will
be organized and ready for business
within the next ninety days.