Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1907-12-19
LEWISOHNS
Will AETAIE
MILL MINI
in GLOBE
Well Known Operators Have.
Organized Company For 0p-
GRAFTON of Property In ella
County.

GLOBE, Dec. lS.-An event which
has been looked forward to with coll
siderable interest in local mining cir
Giles for the last half year has trans
pired. Last week the Miami Copper
company was organized under the
law of the stateof Delaware by the
well known New York firm of Gug-
genheim, Untermcysr & Marshall,
with a capital stock of $4,000 di-
vided into 600 900 shares OF the par
value of S. each. The name Of the
company VIII not be a familiar one
TO Globe people or those In other min
ing centers, but there Is little doubt
that II viii be more ttaa a well known
one In the course Of a few months
The law firm mentioned Is counsel for
the Iewisohn interests. or most strict
ly speaking Of the General Develop
ment company CT which Adolpn Lea
isohn is the president and J. PaIs
Chauaing, one Of thg most noted min.
ing engineers ia tie country, Is Ia"
gaidiag spirit.
The Miami COPPER company has
taken over the options to various
mining Prouerdsa TO the Globe district
known e. tho AisdorT properties. and
Louis A. Wright con ultinc engineer
Of the contrary. and r. !. Hermann
OF TIE law firm mention. spent the
greater part o. last week in Globe
making the payments on the proper
tiea, which nsaturgd On December s..
las. j. p. Newman and Philip Oates.
the original owners Of the PRINCIPAL
Claims acquired by the company, were
the principal benefictaries Of the pay
mS1t. which was the second one MADE
By t1e cg17-aaT
TIE cCu-alv started work In the
GLIB di-zT5Ct G yaar ago this week.
and although Etsle publicity has been
given Ire operations Of the company.
4 remarkable ve1CDment record was
made by 2-r Wright aad =. L. s.Is-
dOTF, tff- local zgaat II the couranv.
Approximately ECgG feet Of develop
mert YORK has been done, three r..
els hare been oDeued up On the Red
Springs claim. but as. to details Of
the amount Of ere I'm sight the reDre-
Sentative aaTe never made anything
public. II is known. however that
tho company has either develoDed a
real mine. or. developments uD to the
present time, indicat that there is
milc there, hence the formation .,
tire company with such a large CAPT
tai stock. The Lewisohns have never
boc7 stock iobbers, so it is inferred
thct the officials of the syndicate are
thoroughly assured that they have
sufficient TO warrant the large CAPT
talizat!on OF the newly formed COM
panv.
Thus far all development work has
been done with a hosting plant CON
sisting Of two gasoline engines. but
Mr.. WRIGHT has called for bids froru
the machinery houses for a complete
surface plant consisting of a 250-
horsepower hoist, air compressor and
drills and pumps and upon arrival and
installation OF the plant the force Of
miners viii be considerably augment
ed. The shaft is no $40 feet deep.
Until recently a force Of about 50
men have been employed. but owing
to ? heavy flow of waterand the abb
5ence Of CumDs. the force was cut
, lown 10 half tSat number. Local.
[ uinins men who have been qufetlk
NL19 S-JNlo7rnants at the Red
..T.ria -heKnra 4ha+ ysi47,a,e- a -,
,arativelv short time me I.arvieFi>>s.-
syndicate VIII be. with the execution
Of The Old Dominion. the largest en-.
ploycrs Of labor in the district.