Montour American. (Danville, Pa.) 1866-1920, 1904-01-14
GOLD AND COPPER
MINING CO.

The Serrauo Gold and Copper Min
ing Company was organized in this
city yesterday. This is an organiza.
tion local in its nature which owns
immensely valuable mineral land in
Mexico.
The officers elected are as follows
President,L X Grier Vice President
John II. GOeser; Treasurer Myron l.
Low of Lime Ridge Secretary G. E.
Yorks of Central Directors were
chosen as follows: Z. H. Collins OF
Cananea, Sonora, Mexico; l. X. Grier,
Esq John H. Goeser, +. G. Angle,
Esq, of Danville; G. G.. Voris, Esq.
of Milton; r. T. Smith, Benton; J.
l. Higbee, of Watsontown; Myron l.
Low, Lime Ridge and @. E. Yorks, of
Central. Others interested in the en-
terprise are @. p. Hancock of Dan
vile; Z. II. Heaton and W. B. Cod
charles, Milton; and B. g. Keller OF
Benton.
The report of the rich mineral land
was first brought to this locality by
G. f. Yorks, a former resident of Dan.
Vile, but more recently living at Cen.
tral who about two years ago returned
from a trip to Mexico. The organiza,
tion of the company yesterday was the
elimination of indefatigable effort on
the part of Mr. Yorks carried on dur
ing the interim to interest local in,
vestOrs. During his visit to Mexico
he formed the acquaintance of I. II.
Collins, of Cananea, former resident
of Scranton, who had been in Mexico
for some % years and was not only
versed in mineralogy but was familiar
with Mexican customs and is an au-
thority on procuring Mexican land
meeting in this city yesterday. Like
Mr. Yorks he is familiar with every
foot Of the valuable ore land held by
the newly organized company. The
tract, which comprises 276 acres, lies
scarcely two miles south of the fam
Gus Greene mine, which ranks third
in the world as copper producer.
The tract owned by the local com
pany is rich in both gold and copper
Mr.. Yorks, who had specimens of the
output assayed is satisfied that the
proportion of valuable metal in the
ore runs very high The value of the
tract is thoroughly appreciated by the
Mexican government, by which it IS
assessed as valuable gold land
The procedure in obtaining title to
land in Mexico like the general law
there bears no resemblance to the same
i'm this country. In the case of the
Serrauo Gold and Copper land it re-
quired nearly two years to comply
with all the formaity required Dur
Mr. YOrks was on the ground looking
after the interest of his enterprise and
the stories that he tells of official
formality and delay discounts any
thing ever heard of in this country in
the form of red tape. = The papers
pass through ten or a dozen different
hands and are at every stage subject
to the closest scrutiny from the gov
ernment. Even the character of the
would be purchaser is investigated and
affidavits as to his standing and reput,
alton are required from prominent
citizens in the Republic of Mexico.
Those handling the enterprise in the
present case stood the test and the
signature of President Diaz as a stamp
of approval was at last secured. A
deed for the 276 acres bearing the sig
nature of the great man is now in the
possession of the newly organized COM
pany and marks the elimination OF
their labors to secure ownership. y
charter was obtai ned on December
2Sth