Bisbee daily review., 1905-10-05
MARQUETTE $ ARIz.
 WILL PATENT CLAIMS
ASSESSMENT ON ALL STOCKS WILL BE 10 CENTS PER SHARE.
Estimated That Expense of Patentine sto!dngs Will Cost $5,ooo-company Has Already Expended $23,66o To wards Securing a Patent-Circular Latter.

The following circular letter has been received at this office from the Marquette & Arizona Mining compa- ny:
 Marquette, Mich, Sept. 25, 1905. To the Stockholders.
 At meeting of the directors of the Marquette & Arizona Mining Co.,, held Monday, Sept. 11th, 1905, it was decid- ed to secure patents on the property of the company.
 The claims of the company com prise over 500 acres of mineral land. To secure patents on this tract will require an outlay of 5000. There is at present on hand and available to the treasury less than one-tenth of this amount. In order to raise the a small assessment on the stock of the company
 An assessment of ten cents per share is hereby called on all stock is- sued. which will enable the directors to secure an absolute title to the lands from the government. Unless this is done within the next three months, the title to the land will iapse. and the company will lose its holdings.
 If the patents of the lands are secur- ed, it will constitute a very valuable asset to the company, as the land is considered valuable in that locality.
 Claims are being purchased in this mineral belt at a high price all the way from Bisbee to the Copper Glance which latter claims adjojns the claims of the Marquette & Arizona Mining Company.
 The directors have resolved to give ; bonus of one share for each 10 cents paid by the stockholders of this as sessment.
 The company has up to date paid the sum of $23,660 towards the pat enting of these claims.
 All money paid in on this assess ment will be held in trust by the Mar quette National Bank, of Marquette Mich, until a sufficient amount is paid to procure patents. Tn case the stockholders should decide to lose the property, by not paying this assess ment, then the amount paid by each stockholder towards paying this as sessment will be returned in full by said Marquette National Bank. It is the intention of the directors to offer some of the claims for sale for the purpose of inducing men witt capital to develop same as soon a: the patents are secured.
 The failure to reach ore on tho property of the company up to this date is attributable to a lack of suffi cient funds 10 further prosecute thF work. The directors are still firm 1T the belief that ore in paying quanti ties exists on the property, requiring only ample means to develop the sane That this belief is genera! is shown by the continual purchase of claim: in the district, at high prices, many of such purchases being made near the lands of the Marquette & Arizona Min ing Company.
 The directors pledge themselves tC return the amount you pay on this as sessment if there is not sufficient 1 money paid in to secure the patents. All assessments must be paid be fore Nov. 1st, 1905.
 Enclosed please find blank which you will fill out and remit with your amount of the assessment As SCOT as the required amount is paid in, you will get stock for amount paid at 1( cents per share.
 JOSEPH J. WIRTZ. Sec'y.