Arizona republican., 1906-04-04
MINING ELECTIONS
 HELD IN PHOENIX
New Officers of Two Famous Gold.
 field Companies.

The annual meeting of the stock holders of two of the most important mining companies operating proper ties in the famous Goldfield mining district, the Jumbo Mining company and the Red Top Mining company. were held in Phoenix yesterday. For the purpose of holding these meetings C. D. Taylor. the heaviest stockholder in each of the corporations accompa- nted by Richard L. CoIburn. secretary and treasurer of the Red Top comp1- ny arrived in Phoenix on Monday morning. They left the city last night. Besides the stock they hold themselves. which was voted at the meetings, they hold proxies of other stockholders, so that in all three fourths of the capital stock of each company was represented at this the second annual meeting.
 Being the only stockholders m at tendance in person. Mir Taylor was able to outline the probable result of the election. C. D. Taylor was elected president and general manager of she Red Top Mining company. J. P. Menardi. vice president, R. L. Cor burn, secretary and treasurer. and these gentlemen, with C. P. Hot and H. L. Taylor comprise the members of the board of directors. Of the Jumbo Mining company, C. D. Taylor was named as president and general man ager. H. L. Taylor vice presidert, c. P. Holt secretary and treasurer, who with James H. Budd. former governor of California, and T. s. Robinson, form the board of directors
 There will be recalled by many who have followed the growth of the Neva- da mining camp of GOldfield the stO- ries of the immense values encoun- tered on the surface of the Jumbo claims. and Mir. Taylor yesterday aft ernoon, in discussing 'ne find, con- firmed the stories. The especially rich streak was about five feet icr g and averaged in gold $5,OOO to the ton. Of this five feet of ground two and a half feet run over $1O.O0O to the ton. This was on the surface, and since that time there has been a great deal of work done. 2.199 feet of shafts nav ing been sunk, 3,990 feet of cross-c cuts and drifts run, and 125 feet of up- raises. besides considerable stoping. The four claims owned by the compa- ny have been patented, this being per fected in the past few weeks. On the Red Top property nearly as great val ues were encountered, when the first work was done There are now seve"- al million, dollars worth of ore in sight mucn of which was shown up in d ledge 12O feet wide. something unus- ual for the district.
 Although both of these gentlemen are enthusiasts in discussing Goldfield they tell alluring tales of the COIL paratively new district of Manhattan. .I,1 r.fr- -k, Goldfield. It is in the Manhattan dis trict that the April Fool mine. Man haitian Red Top and the Consolidated properties are located. Since the first strike less than two months ago the camp has grown to be a city of 5000 people. The surface indications. gen orally speaking, are richer than any district yet opened in Nevada, the ac- knowledged gold field of the United States.
 But according to Mir Taylor and Ir. Coburn, no sooner has one sec,iOn been opened than a strike is made elsewhere and another city is born. Strange to say, although the new camps have marVelOusly rapid growth, they do not seem to draw to any extent from the other camps of the Goldfield section. It is about twelve miles from Manhattan that but a few days ago a valuable find was made in an old, abandoned assessment hole which will make it's finder worth thousands. A man named Scott. while prospecting, found q piece of float at first thought to be iron ore. Upon cX- animation they discovered it was gold carrying hign values and traced it up to the abandoned assessment hole, where two years before an old miner had been digging. 4 snow had falle1 the previous night, but t was noon when they reached the diggings ahd the sun lad melted the STOW and nal