Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1907-07-06
yERINCTON MINES
ARE CONSOLIDATED
Nevada Bonanza and Revenue Groups Are Brought Under One
Company. Prominent Talent Gets Rich Ground.

For some time past those familiar with
the trend of events in the great copper
camp of Yerington, New, have been
cognizant of big move toward an inn
portant consolidation The move was
kept very well guarded, however, and
nothing was allowed to percolate through
the inner circles, although it was known
that John Dern, president of the Consol-
idated Mercur Gold Mines Company,
and manager of several Tintic COM
panies, had been to Yerington with his
experts on an interesting mission. Dur
ing his presence in Yerington, Mr.. Dern
made a thorough examination OF the
Nevada Bonanza possessions, and a
group lying between the Nevada Doug
las and the Bluestone, comprising thirty
one claims in the heart of the producing
zone of the camp.
Last week the annual meeting of the
Nevada Bonanza stockholders was held,
and the important news was released by
the management that consolidation
had been perfected between the Nevada
Bonanza and Revenue properties. The
name of the Nevada Bonanza Copper
Company is retained, and practically the
same board was returned for the ensuing
year, with the addition of John Dern
and Richard d. Millet. John Dern was
elected President; Serene B. futile,
Vice President; Freeman Morningstar,
General Manager; Fred c. Dern, Score
tary and Treasurer. These gentlemen,
with ]. William Young, Farley L. VIII
liams, w. D. Mathis, H. P. Clark and
Richard D. Millet, will complete the
board of directors.
Mr. James c. Dick becomes the COM
pany's consulting engineer, and Mr..
prominent properties Of Butte and Bing-
ham, has been engaged as general super
intendent, and has already taken up his
work at the properties.
The retiring president, Freeman Morn
ingstar, presented an exhaustive report
of the company's affairs and progress
during the year, and after taking up the
history of the acquisition of the splendid
acreage comprising the original Bonanza
copper group, the matter of the CONSOLE
dation of the original holdings with the
mining territory comprising the Revenue
group of mining claims was presented
for ratification of the stockholders. The
board of directors had previously ar
ranged the deal whereby these two fine
properties could be consolidated and
handled to mutual advantage under one
management. To meet the greater needs
of the consolidated properties the capital
stock was increased to So, 100, 900, and
700, 600 shares thereof was authorized to
be sold to subscribers to accomplish the
consolidation.
Among those to take up the extra issue
of 700, 900 shares to enable the company
to affect the consolidation, which brought
to the company the rich territory aggre
eating SIS acres adjoining the famous
Nevada Douglas Copper Company's do
main for distance of nearly half mile
and known as the Revenue group, COM
prising seventeen claims, was James c.
Dick, formerly of the Utah Copper Com
pany; John Dern, ]. William Young of
London, the well-known local railroad
men of the Hartman lines, Messrs.
Farley l.. Williams and James +. Dunn;
Richard d. Millet the well-known min
ing expert and capitalist; James p.
Freeze, III. p Clark. cashier of the Com
mercial National Bank; Elias A. Smith,
cashier Deseret Savings Bank; Walter
Fitch, of the Calumet & Hecla Copper