Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1905-08-22
Owners Of the Cumberland Group at
Maiden Think They Have the
Making Of One.
MUCH MONEY BEHIND PROJECT
Oscar Stephens, r. N. caikins, Of Chi.
cago, and Peter Rosso Prepare for
Big Campaign Of Development.


pleted here last Friday at the office
of R. Won Tobel, its local attorney,
and the papers have been fled with
the county clerk and recorder. r. M.
Calkins, Of Chicago, who is heavily
interested in the project, came here
especially to aid in getting everything
in satisfactory shape, and the new
company takes over the FIVE claims
which were formerly owned by Oscar
Stephens and Peter Rosso. The prop
erty is located mile and a half north
east of Maiden, which became famous
years ago through the discovery Of the
Spotted Horse mine, from which mil
lions have been taken, and which is
now owned by John A. Drake.
Adjoins Spotted Horse.
The Cumberland claims directly ad-
join the Spotted Horse on the east,
and large amount of development
work has already been done by Mes.
srs. Stephens and Rosso. A shaft has
been sunk 1856 feet and over $50 feet
Of cross cut tunnels and drifts run,
which have developed large bodies Of
high grade ore, the Cumberland being
gold proposition. Some of this ore
shows as high as 1884 per ton, and
very large bodies have been encoun
tered that run from IS to $65.
The Cumberland Company.
In the new company, Mr.. Stephens
is president, Mr.. Rosso vice president,
and Mr.. Calkins secretary and treas
urer. With these men in charge, the
company is sure of able management,
and it certainly starts out with the
brightest prospects, and with such
ample capital for carrying on the big
campaign of development work plan
ned that very little Of the stock will
get to the general public. The own
ers feel that with such values back
of it, they would not be justified in
putting out stock at anything less
than par valaue. The capitalization
is 100000.
A Phenomenal Showing.
With the amount of work that has
been done, the showing at the mine
is considered by old-time operators
in this section as little less than phe-
nominal, and certainly with the cap
ital and ability at its command, the
Cumberland will be big producer
If the mineral is there to make it
one.
Oscar Stephens is one of the Oldest
settlers in Fergus county. and is un-
doubtedly the largest individual land
owner in this part of the state. and
is known all over Montana as one Of
it's most successful stock growers
Peter Rosso is the practical mining
man Of the company, and has had
many years experience in mining. He
is the original locator of two Of the
claims forming the Cumberland group.
He is to be congratulated on securing
the interest and cooperation of two
such men as Mr.. Stephens and Mr..
Calkins.
r. M. Calkins is assistant general
freight agent of the Chicago, Milwau-
kee & St. Paul road, which is suf-
ficient commentary on his business
standing and ability. He is delighted
with his investment, and believes the
Cumberland will develop into a real
bonanza.
e. w. King has sold his controll.
ing interest in the Saddle property at
Kendall to N. J. Littlejohn. William
MCLEAN and Frank ]. Hazen. of this
city, and H. l. Shaw, of Kendall. The
Saddle is located between the Barnes
King and the North Moccasin. and is
within 30 feet of the point where ore
has been struck in the Santiago. be-
longing to the latter company. With
diamond drilling going on all around
it. the owners will permit others to
do the prospecting. and will be ready
to 60 ahead with development when
the conditions are to their liking.
Considerable interest in the pros.
pective oil lands in the vicinity Of
Kendall and along Dog creek Is still
taken. but. strange to say. parties
from the outside are more keen about
1t than those right on the ground.
Men from Great Falls and other points
have been looking over the field dur
ing the past two weeks. and all state
that the indications are exceedingly
favorable for the discovery of oil in
COmmorria1 nuanf3tioe wifh little