Los Angeles herald., 1905-08-27
MILLION DOLLAR COMPANY is
FORMED
MINES IN SAN DIEGO COUNTY
Mesa crsnde Tourmsllne and Gem
Company Developing Richest
Lands In World--LocaI
Capital Interested


$1,O00,O00, the Mesa Grande Tourmalne
and Gem company, a corporation whose
management is in the hands of prom
inent Los Angeles business men, has
begun the active development OF the 6O4
acres Of rich tourmaline land in San
Diego county, until recently owned by
G. o. McCarrol1.
That negotiations have been quietly
going on for the development of the
property in large way has been known
in mining circles for several weeks, but
1t is only recently that the details and
names Of the men who are at the head
of the enterprise leaked out.
The directorate includes Frank A.
Seabert, president Horace Wilson, vice
president; c. o. McCarroll, superinten-
dent; H. e. Folkenson secretary, and
Frank r. Liddell, treasurer. The fiscal
agent of the corporation is the South
western Securities company.
The property probably comprises the
largest and richest known area of tour
maline bearing strata in the world. 1t
adjoins the holdings Of the Himalia and
the San Diego Tourmaline companies
the aggregate of which is 120 acres.
Begins Development
McCarroll realized the value of the
property, having developed it suf-
ficiently to know its worth. Acting as
superintendent of the new company and
with plenty of capital to carry on min
ing for the gems on large scale, he is
now at work engaged In the develop
ment work.
The miner too often finds himself in
the same boat with the inventor He
discovers the wealth, has not the capi-
tai for development work and others
who have, perforce, reap the benefit.
Whether or not McCarroll ran UP
against such a proposition is neither
here nor there, but the fact that he is
said to have been able to demand and
receive strong representation in the
newly formed company would bear out
the belief that he Jared better than the
average prospector who may happen
to be lucky"
The tourmaline is gem which has
perhaps made it's way more quickly
into public favor than any other whose.
exceeding rarity has given possibility
of possession only to the rich. They are
found in large diversity of colorings
and the phosphorescent fire with which
nature has endowed them produces a
gem of wondrous beauty.
Wonderful Gem
In the hands of an expert cutter, they
offer wonderful possibilities for his
craftsmanship. The red tourmalines
range in shade from the most delicate
pink to the most gorgeous hues of Bur-
nah rubies. The blue has a range of
delicate tone from that of the American
sapphire to that of the oriental. The
green tourmaline is probably destined
now on exhibition in the shops of Los
Angeles jewelers. show all the deeper
shades of the emerald, while at the
same time there is the marked internal
phosphorescent fires which are so ap-
parent in the red tourmalines.
The discovery of tourmalines inl
America is of comparatively recent date
To an old schoomaster of Holland
must be given the honor of their orig
inal discovery and classification, but
the question as to who was the first
to find the gem in America is still un-
The fact remains, however, that San
Diego county has forged to the front
as producing the finest tourmalines ih
the world. So far it appears as If the
deposits have been made within COM
small area, but wherever
they have been found in San Diego
county it has been in quantity as we'll
as quality.