Weekly Arizona journal-miner., 1906-01-03
Pass Into The Hands Of The Ideal
 Company
Extensive Improvements May Be Made In
 Short Time
(Communicatcd.)

Ihe fecciVef's nhic oi "h "s "' Model Gold Mining company's prop critics. located at McCabe, Arizona, known as the McCabc mine, including all its properties located fourteen miles south of Kirkland, Arizona. in Weaver district. known as the Model mine, took place December 22nd. 1905, all of the property passing into the hands of the Ideal Mining and De- velopment company, for n eonsidera' ,ion of ssI ,527.7G. said sale being con. firmed by the cour, on December 70, 1905.
 The sale of the above property adds another page to the record of valuable properties, located in Yavapai county, which have either been reorganized ar sold through the courts, as n direct re- suit of the burning of the Val Verde shelter, September 27,h, 1eOi, or the floods of January and February, 1905, which rendered mining at profit al' most an impossibiliiy in the Big Bug district during the past year.
 Tho action in this instance, as in many other similar cases, will work hardship on many of the old original stockholders. However, it has its ad' vnntages, as many of the companies were ovcr.capitalizcd and had large blocks of stock outstanding which were
 given away as commissions and for promotion purposes. These are now , being put on n legitimate business I basis. and those who understand the
 new improved conditions and come into , the new organizations. will reap the V benefit, and. in many cases, their orig v innl expectations O large profits will DC
 more than realized.
 ,. We understand that the best of the l.. old stockholders in the Model Mining
 company formed a syndicate and Jo'n
 cd the Ideal Mining and Development
 company in purchasing the Model pro
 pcrties from the court. This merge
 of the McCaho and Gladstone mine is
 without doubt, one of the stronges combinations that has been made II h Yavapai county in some years. Tn If Ideal company has c0mparativel. ,d small amount of stock outstanding ll and will have as assets. it's own mine v known as the Gladstone. which ha nc been developed during the last thre Ii. years, sinking it's main shaft dow no nearly 900 feet, with drifts drive d each way on the vein under vauabl d. ore shoots. with more ore now m sigl u than at any time in it's history. Tn
 numerous small veins which exten
 through the property are gradual o. coming together and joining the mai
 vein as depth is attained
 The property IS equipped with
 two compartment shaft m which
 two ton skip is used; large hol " house. contaiping O new bedgerwo' ra hoist of q load capacity of 5000 it ch for 9 depth of 1900 feet two boiler he GO and 100 h. D.; four drills, l'eyn m air compressor. and is being equipp ,ed with pipes, pumps and electric WITH ,ry The McCabe mine, one of the pr me perties acquired by the new pureha'
 is on the samo vein and odloins [ va, Gladstone on the northeast, it. ma s shaft having depth of TIC fe The with seven levels extending WI lis from this main shaft to the end line the Gladstone minol and to the east, VII, tween 700 and 900 feet each T
 ore IS of high value, ranging fr' to s2O.O0 to s50.0o per toa' The dr .o,n in the west TOO level ls of higl ,ec class org than has ever before been t' ves en from the mine and has not hs
 taken out, except in the drift and an ono shaft running up to the GOO it. lev om. and is from . ftH to fl, in width
 To the east on this claim known
 the McCabe, there arc 600 feet of
 developed ground, on which is loea St., an outcrop averaging 2 in width Iuty free milling ore.
 tes: The main shaft has three comps for ments, in which 1000 10. buckets un. used, and hoist of capacity of II e. .n feet; three boilers (two so and ,rns 50 h. p.). There is also an irone
 mill building, with milling eapas