Bisbee daily review., 1904-01-08
CHIRICAHUA
 Similar to WARREN FIELD
SURFACE CHARACTERISTIC AT
 TRAcTEp MEN.
These Men were !nstrurertsI in Developing New Properties at
 3isbce.

It was a striking resemblance of the surface formation in the Chiricahua mountains to that in the Warren dis trict which first attracted attention to the district. And still greater sisni- ficance attaches to this fact because the people who first gave their atten- ton to the Chiricahua district were those who were most instrumental in bringing the Warren field into promi- nence l'y the development Of the big nex properties at Bisbee.
 Foremost among these. and really the first to give it particular notice was Captain James Hoatson. the father of Calumet & Arizona" On the strength Of his investigation of the district by his associates. the Chiricahua Development company was organized last spring. A limited amount of development of the most satisfactory nature has followed, and now it is proposed 10 install power machinery and follow lines of explo ration much similar to those pursued in the development of the Calumet & Arizona, which were mapped cut ac' cording to the way things are done here in the copper country of Mich. igan.
 The Chiricahua Development com pany's home office is in Marquette. If is organized under the laws of Ari zona with a capital stock of 10000 shares. par value s10. Al the time of organization SIPS a share was called in, and recently s2 a share more has been assessed. The first payment on this assessment was paid December Is. and the second, con sisting of s1. becomes due Febru- ary 15.
 The board of directors consists of N. Nj. Kauman, president: $. R. Kauf man. secretary and treasurer; T. r. Cole, " G. Rice, and James II Knowles. The members of the board of directors. together with Captain James anG Captain Thomas Hoatson and the original owners of the proper ty, Captain Thomas Burns of Arizona and John A. Duncan. of St. Joseph, Missouri. are the principal holders oi the stock A small amount of the stock has found its way into the mar Eef, and is quoted around $40. but nc treasury stock is being issued anc none of the inside holders are selling
 Property is Owned.
 The property of the company is owned and not optioned IL consists of twenty-three claims, a tract of FOG acres. 1t is eastward from Bisbee, approaching the New Mexico line and is twelve miles from the Fl Paso & Southwestern railroad and twentyIwo miles from the Southern Pacific. Both of these companies have expressed willingness to build their lines to the property as quickly as the devel opment warrants such a measure and the development company deems II necessary. A wagon road to the prop erty from Paradise, three miles away. will be started within a few days, and this will give the very best o1 team transportation from the railroad for the installation of the machinery.
 Unlilqe the Bisbee enyirons, the country in the Chiricahuas is we'll wooded and has abundance of water, which suarastees plenty of fuel for several years, at. least, and a perma- nent supply of water. This gives it a decided advantage over the Bisbee field for economical development.
 The development company began operations last April, since which time the results have been highly sat isfactory. This work consisted of
 (continued on Page Six