The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-06-23

]. G.. n. Racine, wis-Regarding the
February Gold Mining company we find
that the directors are L. e. c. Hinckley.
Reno. Charles j.. Moore. the mining en-
gineer and Sol Camp, the mining expert,
both of Goldfeld. The affairs of the
company are in the hands of Mr.. Hinck-
ley. The company is a permanent or
ganization undo the laws of Arizona
and owns two claims in the Goldfield
district. the Christopher, about one and
a half miles southeast of the Black
Butte and the Presto, about the same
distance northeast of the Black Butte,
both in Nye county. The principal
work carried on by the company was on
the lease In the tract of the February
claim Immediately south of the January
and west of the Combination mine. This
lease was surrendered by Mr.. Hinckley
some six weeks ago without notice to
the other members of the board. The
work had been carried forward for sew
eral months by the sale of treasury
stock through Mr.. Hinckley's efforts,
but Mr.. Moore says, w had so thor
oughly proved the ground and obtained
such low values that even If Mr.. Hfnck-
ley had consulted with Mr.. Camp n
myself the conclusion would have been
the same, namely, to cease further work
upon that lease and surrender the same
to the Goldfeld Mining Company or
Nevada, the owner of the property. Mr.,
Hinckley, as secretary and treasurer of
the company, alone knows the actual
amount of stock remaining in the treas
ury." The company has no indebted
ness and must have a large amount or
stock still in the treasury, and possesses
the two claims mentioned located about
FIVE to six miles from the town of Gold
field.
Z. D.. o., Providence, =. 1.-The Gold
i~eld-Gladiator was Incorporated In
March under the laws of Arizona, with
a capital stock of $1,500,O00. Wilbur Fl,
Dean is president, Charles f. Spofferi,
secretary and a board of directors In adj
dition to these two gentlemen includes
II. c. Adams. Thee. Blessing and II. E
F~olkenson. The stock is registered by
the Mercantile Loan and Trust COM
pany. There is at present in the treas
ury $4,000 shares of stock. The COM
pany owns three full claims of 20 acres
each, the Washoe, Stranger and Tuscon,
located about two miles southeast OF
the town of Goldfeld, New. Mr.. w. b.
Roberts is the mining engineer who has
had charge of the work, but as yet while
the prospects are very good and surface
indications excellent, we have failed to
open any ore body of any consequence
The exact location of the property Is
the northeast quarter, section "a,
ship 3 south, range AZ east, M. ID. NJ
Goldfeld, New. The company owns its
property outright and has no debts OF
any kind. No salaries are paid the OF
icers.
J. r. B., Rochester, and others.-The
Goldfeld Nighthawk Mining company
owns the Eastside fraction which adj
joins the Laguna Mining company's
ground. 1t also owns the Golden Horse
shoe group of six full claims adjoining
the Portland. Here a shaft has just
been completed to a depth of 95 feet. Al
present the company is developing
through leasers. The Main Ledge Leas-
ing ompan is operating on the ground
and will prosecute extensive work. g,
w. McLisle & Co., heavily backed by
California capital, are also working
lease and the company has just in
stalled a hoist which these lessees will
use. DIR. T. e. Enloe, president of the
company. is on the ground in the inter
est of the corporation and conditions
are very favorable. The capitalization
is 5000, 900 shares with a par value OF
10 cents. OF this 1,000,0 900 shares re
main in the treasury. The company Ia
out of debt and in good shape for de
velopment.
A. M. H., Tyrone, Pa.-The Goldfeld
Ledge Mining company is a Denver cor
poration of which M. M. Van Fleet is
president. MI. Van Fleets Office is in
the Exchange building in Denver. The
~company's territory consists of seven
claims known as the Cleopatra group
and the Montezuma group of five claims
located about six miles southeast of
Goldfeld and lying close to the Blizzard
group. About $4,000 has been spent in
prospecting the ground with Indifferent
success. Some fairly good assays have
been had from time to time. At pres
ent Mr.. Thos. Withers. the company's
representative here is awaiting the ar
rival of w. F. Kendrick, one of the
chief owners, who will formulate plans
for further development. 1t is under
stood that a vigorous campaign will be
prosecuted. tOr GOlunelu fleildnce, see
issue of April 20; Goldheld Securities
company. May 26.
J.. G. b., Texarkana-The Bullfrog-
Compounds oldfield Mining company
was incorporated in April under the
laws of Arizona with a capital stock Of
50. 200, 900. OF this amount there is at
present in the treasury 100000 shares
of stock. Cash and bills receivable, $5,-
900. No salaries are paid to the Of
icers. The officers and directors are:
Geo. Pearson. president; E. III. Cooper,
secretary; and s. c. Kious, c. H. Ben
nett and w. N. Howes, directors. The
company owns two claims of 40 acres
adjoining the property of the Goldheld-
Gladiator at Goldfeld. No work as yet
has been Tor on the Goldfield prop
erty. 1t also owns four claims of 20
acres each. we'll located at Bullfrog. The
property is in the heart of the recent
important strikes made at Bullfrog and
is worth many times 1t original cost
The company has no debts of any kind.