Gilpin observer., 1906-12-27
Cripple Creek Drainage Tunnel.

| WIFI %I,UUU,UUU pleug6Q, ana every
dividend-paying company in the Grip
pie Creek district, together with the
mills, smelters and railroads heartily
supporting the project, the long-talked
of deep drainage tunnel for the gold
camp is an assured fact.
Actual work on the tunnel will he
gin between January LIST and January
18th, according to S. S. Bernard of this
city, who was this afternoon elected
president of the tunnel company, vice
Sherwood Aldrich, resigned.
The tunnel will cut through the
camp at point 500 feet below the
deepest shaft, and will open practically
as large an area of virgin territory as
that which has already been explored.
The mine owners at their meeting
this afternoon, passed the following
| significant resolution:
at is the sense CT this meeting that
a tunnel be driven in the shortest pos
sible time"
| The nine directors Of the Cripple
| Creek Drainage and Tunnel Company,
| representing the leading mining COM
! panies of the camp, are given full
diate and the deep drainage tunnel.
Nothing is known of the ultimate inten-
| tion of the committee, although the
| mine owners have pledged their sub
pf ipb hnrp n
| chosen by the directors.
President Bernard of the tunnel com
pany said tonight:
THE mine owners unanimously ex-
pressed themselves as heartily in IA
vor of constructing a tunnel at once.
Work will begin some time between
January 1st and 18th. The operators
are weary of continued delay, and the
brief resolution calling for tunnel in
the shortest possible time, which was
passed without a dissenting vote,
tersely expresses the sentiment at the
meeting.
so much has been said during the
last few years regarding the construc-
ticn of a drainage tunnel, that the pub
lie is getting used to the assertion, bus
you may say for me. most emphat-
ically, that a tunnel will be built, and
built at once
At o'clock this afternoon the oper-
ators of the Cripple Creek district met
in Bernards office. Every dividend
paying mine at the camp was repre-
sented, as follows:
Granite, Nindicator, Mary Mckinney,
Ell Paso. Elkton, Portland, Golden
Cycle, Strong, Work, Gold Dollar,
Stratton estate, Doctor-Jack Pot, Ophir
total of 100000, each subscription hay-
ing been first ratified by the directo-
rates of the respective companies.
The railroads, smelters and mills
have promised to give 100000 as soon
as the project assumes shape, and as
the matter is now ready for actual
work. their subscriptions will be forth
coming. This makes total of $780,
900, and the remaining 100000 will be
more than made up by subscriptions
which have been promised by small
producing companies. The latter have
pledged a certain percentage of their
production, and the amount, while not
estimated by the tunnel promoters in
their figures, will make the aggregate
sum subscribed more than $1,000,0OO.
Many of the mining companies have
already signed contracts for the
amount, but the pledges of the repre-
sentatives, authorized as they are by
the directors of each company, are con-
sidered binding. The contracts will all
be signed by the first Of the year.
After the general meeting of the
mine owners to-day, a meeting of the
directors of the Cripple Creek Drain
age and Tunnel Company was held.
The resignation of President Sherwood
Aldrich was accepted, Secretary Ber-
nard being elected to succeed him. Mr..
Aldrich resigned because OF his alb
sence from the city. E. ID. Marr, for
mer assistant secretary to Mr.. Ber-
nard, was elected secretary. His as
sistant will be chosen later by the d.
rectors.
William Lennox of the Strong mine
was elected a director to succeed w.
j. Chinn, resigned. Mr.. Chinn was
made a director on the organization of
the tunnel company merely as mat
ter of form, 1t being understood that
he would resign in favor of any mine
owner who Joined the board.
In this connection. 1t is extremely
gratifying to the adherents OF the tun-
mel, to note the harmony which pre-
walls among the camp mine owners. All
action at to-days meeting was con-
CURED In unanimously. The Giddings-
Lennox and the Milliken interests in
joining the movement, have rendered
1t concerted effort.
Following are the directors of the
tunnel company: F. G. Peck, John T.
Milliken. William Lennox, s. 8. Ber-
nard, F. F. Costello, Sherwood Aldrich,
F. j. Campbell, c. c. Hamlin and A. e.
Carlton.
This committee, which has full power
to determine which tunnel shall be
bored, will hold a meeting as soon as
every member can be present. Mill
ken. Carlton and Aldrich are out OF