The Idaho Springs siftings-news., 1908-04-18
Blue Bell'Bids Fair


under the laws of Arizona, with capi-
tai stock of z. 1000, 600 shares of the par
value of 81 each, one-half of which
was placed in the treasury, reserving
25o. 900 shares for the purchase of
additional property. The property to
be taken over by the new company is
located at the head of Virginia can
on, and is known as the Blue Bell
group, owned for many wears by Philip
Mlxsell, the veteran min.ng and mill
ing operator.
Chicago and Cleveland, Ohio, capi-
talists are behind the new enterprise
the fiscal agents being W. NJ. Sheri-
dan & Co., Chicago. The officers of
the new corporation are as follows:
President and manager, Philip Mxsell;
vice president, Victor Nusbaum; secre-
tary and treasure, Charles A. Aaron:
directors, Samuel NJ, Adams, Geo. J.
Schaefer, R. c. Biggar and Edwin j.
Stearns
The formal transfer of the property
has not yet taken place. nor has the
new company started operations, as
those behind the company prefer to
have ample funds in hand to carry out
a definite line of development before
beginning work. 1t is understood
that substantial plant of machinery
will be erected on the property, and
that it will in all probability be operat-
ed by electric power. Possibly COM
prensed air may be obtained direct from
the plant at the Two Brothers tunnel,
or in case the Stanley water power
compressed air line is extended over to
Russell gulch, the latter form of pow
er, which is much more dependable,
will be adopted by the management of
the Blue Bell property.
The new plant of machinery is ex-
pected to be set up and in operation
within the next 60 days, after which
time there will be considerable ac-
tivity at the head of the canon.
the early days this particular sect W
of the two counties was the scene of q
vast amount of surface mining, which
yielded uniformly good results. Much
of the oxidized surface quartz on eth
er side of the ridge dividing the two
| counties, kept the early day stamp
mills busy grinding out gold retorts.
As result veins were opened
along TIE surf ce for hundreds
of feet and all of the material between
| the walls was shipped to the mills.
After this era other sections of the
district attracted attention and with
the exception of two or three proper
ties, the mines in the vicinity have
been worked intermittently for years
One of the greatest drawbacks was the
presence of never ending inflow wat
err; while the hauling of coal to the
top of the ridge has always entailed
y heavy expense for power. These items
as rule consume much of the profits,
n all in fact in some cases. With the
t driving of the Newhouse tunnel, the
s Central and Luc an a and Two Brothers
r there is beginning to be scarcity of
r water in Bellevue and Pewabic noun
:. tains, and it will only be a question
J. of short time when it will be neces-
a sary to haul water to the head of the
!, cannon for drilling purposes.
The heading of the Central tunnel is
d now due to cut the main veins and
e water courses traversing the canon
between Pewabic and Bellevue peaks.
!, after which the water difficulty in that
section will have been eliminated en-
y tirely.
, The Blue Bell property has been de-
l. veloped by half mile Of underground
l. workings, there being in addition :.
: several ore shoots of smelling material
:. an almost continuous body of milling
~ ore which yields readily to ordinar,
N amalgamation and table concentration
IN method. Announcement of the plans
n the new company have not been made.
E. but it is understood that the company
will either lease or build a mill for the
Blue Bell product.
'r The management of the companv ;e.
81 in the hands of Mr.. Mixsell, and is
e sufficient assurance that with his w.d.
Is experience and excellent judgement
i together with the necessary capitat
e to carry out his long cherished ideas
e goes far towards assuring results of a
II substantial nature when operations
= have been gotten under way.
: Col. Henry Bowman, for many wears
It a resident of this city, died in Denver
e last Sunday. his death following a few
s hours after stroke of paralysis.