Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1905-10-26
Located at Linden. Wisconsin. is
One OF the Famous Zine Pro-
ducing Mines of the State.
FOR OVER THIRTY YEARS
1t Has Been as Reliable a Dividend
Payer as the Calumet h Hecla
OF the Michisan Copper
Region.
IT WAS NEVER BETTER THAN IT Is
TODAY.

uOFS ulSu- SIduG AluS btC Nhtu Guy
other mine in Wisconsin. That is
saying a good deal; we sincerely
believe it is not saying too much.
The Glanville mine is not what is
called milling proposition. 1t OF a.
higher class. True, when in it lead
and zinc are found associated in one
crushed and separated by jogging.
Ordinarily, however, excepting Il por-
ton of the glass rock sheet, the ore of
the Granville can be made ready for
market after mined ~ total cost of
81 per ton, and the product bring top
price That means simply that zinc
ore in the Granville is found
in solid sheet formation rather
than shot in seams through the rock
or woven as warp into a wOOf OF
sulphur sulphur, the bane of zinc
miners. Ia that fact You have the Sc
Glauville when the best zinc ore
brought only $ll per ton. In those
days the best mlll product Of the
Wisconsin district of today, not
roasted, would not have brought
enough to pay for hauling by team 10
miles Today, Ross Brothers who
adjoin the Glanville To the east, aud
who have GrsJ.class mill, hand PICK
their jack to obtain "ali there IS IN it. +"
The Glanyillc carries u 9Jrong run
of sulphur; but it is in such form that
it is source of profit rather than u
serious handicap, At 81 per ton its
product should pay Approximately
one third the cost OF mining opera
tions.
The Granville mine is n going con-
Germ. 1t is drained by an adit or
level. Its shafts are open. Work
can be commenced on both upper and
lower ore sheets on the going down Of
the men the work of digging out
dividends beginning with the first blow
struck. 1t has u good steam hosting
plant. But should have one, probab-
" two power drills. The cost thereof
would approximate - 600. The eN-
pense can be more than met out of the
proceeds Of ore that will go to the
company to be formed.
The original Glauville mine and of
that we have been speaking has been
operated under a lease of that part of
the ne4 of the NV of l6-5-2, Iowa
county, Wisconsin. which lies north
of the highway leading from Linden
to Mineral Point, being about 30
acres. The Glauville mine as it will
pass to the Glanville Mining company
| includes the land covered by the orig
| inal lease and also the se4 OF the net
of 1852, the latter being the Granville
mine extension. Between the original
mine and the extension lies the now
celebrated Ross Brothers mine. That
was discovered by drilling on the
course of the Granville range OF ore.
| On the same course, on the near cor
ner of the extension tract; zinc ore has
been discovered by drilling; so beyond
reasonable question the Granville
mine that as an entirety will pass to
the company will be half-mile
segment of the greatest known lead
and zinc range in Wisconsin. Does
the reader grasp the meaning of that
of what it signifies converted into dol
| lars?
AS stated, the Granville mine as a
whole will go to the company under
| two favorable leases. The first as a
perpetual lease subject to a royalty
| or rent of one seventh on lead ore and
one tenth on zinc ore and sulphur.
| The second will go by virtue of full
twenty year lease with provision for
royalty or rent of one tenth on all
ores and sulphur, and subject to a
| reservation by lessor to haul all ores
and sulphur TO market, the price
named being a reasonable one. With
| the leases and the mine goes all
machinery, buildings and tools. Also
all uncleaned ore, being mostly mixed
| lead and zinc, now on the surface,
estimated at so NJ of lead and 20 tons
of zinc ore; also all sulphur on surface
and below; the ores and sulphur hav-
ing a gross value of approximately
So 600 more or less, and subject, OF
course, to rent charge.
! The Granville mine and the Glanville
mine extension, leases as mentioned
above, machinery and tools and
| buildings and appliances are to be
taken over by new company to be
organized under the laws Of the state
| of Wisconsin for that purpose, the
same TO be called, The Granville
Mining Company, at the fixed price Of
SOS 900. In pursuance Of that purpose
| subscriptions for that amount of
stock in the proposed company is
| invited.
1t is proposed that the tota' capt.
alization Of said company stall be
SIC, 900, but that So 900 shall remain
as treasury stock OF the company to
be formed. Development of the extern
sion may indicate need Of a mill II
so the stock will be on hand TO sell at
the premium that the stock OF the com
pany will then command. The total
number OF shares of stock will be 2S0O
OF the par value OF S25 per share.
1900 shares may now be subscribed
for at par
The subscriber for shares blank
forms for which can be obtained from
the undersigned for the asking-will
be required to deposit one fourth Of
the par value Of shares bought by him
with Mr. J B. Harker, cashier Of the
bank Of Linden, Linden, Wisconsin,
and will from him as such trustee
receive certificate for amount paid.
/ The remaining amount Of purchase
money for stock IL 10 be payable TO
said trustee on ten days notice In
writing to be sent 70 each certificate
| holder by mail by the undersigned.
If such notice Is not given previous to
January II 1905 each and every