Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1904-06-04
GOldfield Electric Light
and Power Company.
Tonopah, New, June |, 1904.

Tonopah, New, June /, 1904.
Goldfdld is to have an electric light
and power plant. To those Of us who
have kept pace with the trend of af-
fairs in this euterprising camp, which
has now a population of 1000 and is
growing at the rate Of 1000 per
month, the news that they are maxi
ING rapid strides in the matter of
adopting the modern c%onveniences
and Injuries of life will not come as a
surprise, One by one these %necessa-
ry adjuncts to ~present-day civitiza-
ton have been introduced and pro-
NOTED at Goldfeld, and now that the
establishment OF an electric light
plant for the district and vicinity is
il sight, whereby the offensive odors
and INCONVENIENCE attendant upon the
lamp and candle are to give way to
the soft glow Of the eyer-ready mean
descent, the citizens have every reas-
on to be congratulated.
The local investing public will be
glad to know that the chance to share
in this enterprise, which is bound to
be a great money-maker, viii be open
for a short time. Without going into
detail on the various merits Of the
proposition, we give herewith a few
salient facts which will appeal at once
to the intelligent investor:
The company has secured a % year
franchise, 1t is Incorporated under
! the laws OF Nevada; capitalization,
t 80, 600 shares Of d par value Of 81 each.
The officers and directors are too well
known to the citizens Of Tonopah and
Goldfield to require extended men
: tion. They are a. G. Eisen, presi-
Z dent H. T. Bragdon, vice president;
r, Il Johns, secretary and treasurer,
E and S. d. Forman, manager.
Already $40, 900 have actually
been subscribed and 1000 contracts
2 have been let to date, with 500 more
now available and the demand rapid.
/. ly increasing The lightsare l6-can.
die power and pay 81 per month each
i We are now Offering 10, 900 shares al
p As cents per share and 10000 shares
at 55 cents. The ground and wells
Y have already been paid for. An am
Z pie supply Of water has been devel
oped and wood is cheaper than at To
nopah. The investment should pal
e ten per cent gross per month, which
after deducting the expense Of oper
IN alton, leaves y per cent net. A
N this rate the original investmen
would be returned IN the course Of
year from the time the plant begin
ell lyNapa fi,aG
e, One of the main benefits to follo'
Al in the wake OF this new system {
lighting will accrue to the varinu
mines in and around Goldfield. Hi
IN January and Combination alone wi
probably operate a vast number {
he lights, while the many smaller PROF
critics will come in for their share
:, and every dwelling and business hous
"a. in the camp will need several. Thet
is no question about the demand, an
lot as for the capacity the company
nd plant will have sufficient power
4, supply the increased demand for son
- years to come.
DE When compared with the history
Cripple Greek, Butte and other far
ers Gus mining camps at the same age
ool Goldfield, the record of the latter
! phenomenal. The town has sprut
'he up very quickly, but the repeated r
ports Of new and rich strikes whit
are coming in on every hand nal
Go. the permaneney Of the camp assure
the This is an investment based up,
60. actual cost Of installation. 1t is mo
than probable that the best mines
= Goldfeld VIII be uncovered later Q
and as the present mines improy
our this plant will be the nucleus Of
ne. plant similar to the present ones
!, Butte and Cripple Creek, where t
~ stock has been increased many tim
and handsome dividends regular
=, paid.
'ty' C. II. ELLIOTT.