The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1907-05-02
SUCCESS SPRINGS SURPRISE.
Will Become Big Development Compa-
ny--Bonds Control of Alameda

MANAGER SAMUES that the Success Mining
~ holds hyday option the control of the Alameda
that it will this option the work being done the
Alameda enough justify the purchase that me that
it will offer for sale 00000 shares dollar SHARE of newly
created treasury fund Of 900 shares with which will finance its
eraons outside Of the Success mine that this will draw like the
rest Of the capital stock Of the Success company dividends the Of
10 per that all earnings will fund
be expended by the opening for the benefit Of
its shareholders mines in the Occur Ane that the 100000
shares treasury stock which offered for sale will paren
all earnings from shipped after April and finally that suecp
ons will be accepted only from residents Of the Occur dAen until
May4
Surprise for the Public
This announcement involving it does radical change in
the policy the Success company tremendous surprise the pub
c primarily that the Success company proposes itself
quickly possible in the position Of great holding and operating
corporation instead being merely the and operator of
atvey small producer As first step this direction it is increasing
its milling capacity from 900 800 dry month
The will be the acquisition Of the control the Alameda
What the third will be much surmise though
siby Manager samuels has pretty definite idea.
Good Thing for Alameda
That the requirement by the Success of the control the Alameda
these lines will be great benefit the latter there be
doubt Whether will make Alameda stock desirable
investment would have been that had been completely
consolidated with the Success another question The outcome will de-
pend finally how big the Alameda makes The tail cannot
wag the dog
will great thing gives
the control much larger and this shows indication
oevenuy developing much tonnage equally valuable than
the Success itself contains.
Splendid Investment
the price which Success stock offered be admitted
that Mr. Samues has estimated its value modest undoub
edy splendid investment The stock will pay dividends Of 10 per
from the Owing the well known worth of the Success itself
the howngs and possibilities Of the Alameda and the further posi-
b Of fortunes from other properties be acquired
revenues there be little doubt that will ultimately and
probably distant date command many times exceeding its
value Many Of have Heca rise few from
81 with the prospect Of being worth So Who what
Success will do under the it has just initiated?
Mr.. Samuels Statement
WALLACE, IDAHO April ~, 1907
To WHOM IT MAY CONCERN
Mining Company Limited corporation organized
doing the laws of the Idaho and
for 900 shares the value of 81 per SHARE fully paid
The said Success Mining Company Limited has recently taken
option the control Of the capital stock Of the Alameda Mining Mill
Company Limited and the development work. which be-
ing pushed opens sufficient this option will be taken up
The policy the Success Mining Company Limited in addition
mining and milling it's from the Success mine is to upon
field owt That Of the purchase of prospects and developing them
into mines in the Occur d'Alenes.
To provide funds for this venture the stockholders Of the said
shares holdings the said capital of the said company
treasury fund.- proceeds from which be used the purchase
Of new mining properties in the Coeur dAlenes.
The company enagng its MILL and is expecting very
be shipping least 1900 Of silver lead and
The Success has already
mill years and from the sale Of this the policy
dividends Of the value Of its stock and all
profits Of this 10 cent in dividends be placed
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