The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-12-31

soclates paid s21O, 600 for It after having
spent $50 600 or more in development
under their bond Since then the own
ers have more than paid themselves
back the original cost Of the property
and have, from the earnings, opened up
miles and miles Of new ore bodies, built
a town, mammoth milling plant. power
plants, tramways, roads etc, until to-
day it is one of the biggest mines in
the state and ready to begin earning
bigger money than at any time in
its career. The Annie Laurie is no bet
ter and no worse than numerous other
properties in the district. 1t was been
aggressiVely managed by men who
knew its worth and who were not
afraid to spend the money necessary to
make 1t what il is. The camp is right
now in need of more just such com
binations
Sewer Consolidated Operations.
The Sewer Consolidated is a power
full combination headed by Seymour w.
TullOch of Washington, D. c., and Cap
tain II. c.. Lawrence The foundation
upon which the company Was formed
was the Sewer mines purchased from
Charles Lammersdorf. The property
had been productive and, from surface
workings gave the original owner
fortune. The ore was treated in a small
mill which was later replaced by q
larger plant by the present company
Within a year. however, it was seen
that still greater provision must be
made to handle the mammoth ore
bodies that development work was con-
stantly causing to grow larger, so 1t
was determined to erect a large power
plant and a modern mill that could be
made to handle any tonnage desired.
The first unit of this mill is now near
ing completion. and by the time it is
ready 10 run the power plant, said TO
be one OF the finest in the state, will
be ready TO supply the energy for the
mill, mining machinery, sawmills. and
all other equipment necessary to the
handling of such a proposition on an
extensive scale. During the present
season the company has spent more
than 10000 in providing this new
equipment, and when spring opens ii
VIII be in shape TO begin its career as
a dividend-earner Of the first rank.
Fine Properties Consolidated.
Within the Lass few weeks there has
been q consolidation of four or five i'm
pOrtant groups of claims in this dis
triCt, the deal havir been engineered
by Willard r. Snyder. the original pro-
mOteT of the Annie Laurie company,
and Walter James. The Holland, Sur
prise and other we'll known properties
are included. Splendid bodies of ore
are already opened in them and the
plans Of the new corporation, the
Kimberly Mining company, cOntem-
plate the installation OF machinery at
the mouth of the Holland tunnel just
as soon in the spring as the roads are
open to hauling. Development will be
crowded for a year and then the prop
erty viii be equipped with a large mill
ing plant, as is the Annie Laurie to-
day. The operations of tbs company
viii result in the bunding of another
town in the district and the employ
ment OF several hundred men before
the close Of 1907. The financing of this
proposition is already practically COM
pleted and the expectation is that ap-
prOximately $4,000 will need to be eX-
pended before the mines are placed on
a dividend-eaTning basis. More than
that much has already been spent in
their development. patenting etc.
Particular mention is made OF this
enterprise because It illustrates per-
fectly the confidence that men who