Amador ledger., 1908-09-25
PROVISIONS OF SALE
OF KEYSTONE MINE
An agreement Out of the Usual
order.

AS the terms of the agreement of
sale of the keystone mine at Amador
City between the company and Sidney
T.. Brock, have been the subject of
much discussion, we herewith publish
the provisions ip full:
That the purchasers shall take
possession and commence work upon
said mining properties within ii
days from the delivery hereof and
shall Immediately proceed to pump
out and clear out the bottom of the
incline down to the 1900 foot level.
measured vertically; also to crosscut
west to the Keystone vein, also the
drift approximately 80 feet running
north from said crosscut, and also
the winze leading down from said
drift to the point where said vein
leaves said winze. The work in this
paragraph shall be known as the first
development work. In the prosecu-
tIon of said first development work,
the purchaser shall timber said work
with tim bers sufficient for prospect
ing only, but may, as a portion of
said first development work, repair
the timber aud Cross ties at the
bottom OF the incline, sufficiently to
operate the skip thereon. The owners
shall be allowed before the purchaser
takes possession thereof, to clean up
the mill, and remove old iron from
said properties.
That after reaching the point where
said vein leaves said winze, the pur-
chaser may proceed with such other
development work as he shall think
proper during the term thereof,
which said work shall be know
herein as the second development
work. In prosecuting work upon
said mine the purchaser shall main
tain the incline shafts at the same
angle that the same are now con-
structed upon, and of the same
dimensions.
That the owners, their agents and
experts shall at all times be permitted
to visit and inspect said mine. The
incline shaft, drift known as the 800
south in the spring Hill vein, and
the raise in the stope in said drift,
shall be Kept in good condition by
the purchaser, provided the pur-
chaser shall not be liable for caves
in said shaft, drift and raise caused
by caves in other parts of said mine.
That in case the timbering in parts
of said mine outside of said incline
shaft, drift and raise shall become
often, or out of order to such an
the purchaser shall take out the air
pipe and L rails therein and store the
same in suitable place, provided
the purchaser shall be permitted to
use said air pipe and L rails in
operating said mine.
That all profits derived from pros
pecting or operation of said mine,
beyond the cost of operating ex-
penses, shall be deposited in the First
National Bank of San Francisco
The purchaser shall render to the
owners a monthly statement of the
operating expenses itemized as far as
possible, and the books of the pur-
chaser kept with relation to said
mine, and the operation thereof,
shall be open to the inspection of the
owners or their agents at all times
during business hours.
Said operations shall be conducted
in as economical manner as is con-
sIstent with effective working.
That the purchaser agrees to keep
the buildings upon said mine insured
at least the amount now carried, in
insurance companies of good repute.
and to comply with the terms of all
insurance thereon now in force, or
hereafter to be issued.
That all mining supplies now upon
said properties, (hereln termed cur
rent supplies) shall be taken by the
purchaser at the cost price of the
same to the owners. Said current
supplies shall be deemed to consist of
wood, timber, oil, powder, caps and
fuse. An inventory shall be made
Immediately giving the amounts and
character of said current supplies,
and the cost thereof, whereupon the
purchaser shall pay for the same In
cash within ten days thereafter. All
supplies other than those purchased
at once by the purchaser, shall be re-
placed by the purchaser, in case he
shall not purehase said mine as