The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1908-12-03
HAVE FAITH IN AMAD0R
Stockholders Committee Reports the
Property in Excellent Shape

Local stockholders the Amador company held meeting here
Monday discuss the affairs of the corporaton There large
attendance and resolution of confidence in d. f. McKnnon
unanimously passed Another resolution dnouncing the
board of control in its entire attitude with the hearty support
There upwards of so stockholders present representing large
number Of shares
In view of complications and charges in connection the
Amador the has issued the following report
Gcntemcn-At meeting Of the Board of Directors of
company held the Goth day of November 90S committee
sng of Charles S,bc1g, and Henry G. Ihg was
appointed to visit the Amao mine and make report you
conditions there and the advy paying
the Amador stock. Your committee would report follows:
That the 9th day of November they visited the
careful examination of the the level they found
ore, but not OF any great value or in great quantity
On the 26O foot level where the real development of the
menccd they found considerably spotted of fair concenat
ing
On the 00oo level the ore bodies much larger and good
deal of good concentrating and place body high
grade which had been stopped extent but
of the drift showed from II Is width This body high
grade
Decenng then the O)foot level found that this part the
mine without doubt the best showing in the property For distance
OF almost 300 feet there good body Of varying from 12
feet in width and practically the class orc carrying same
grade of values the found in level above. The
surprised the extent of the development work and
the of which they had been led did not exist in
the property that without qualification they would advise the payment
of the assessment of every stockhoder in this vicinity The committee
certain of their position that stockhor questions
position which they have taken in the matter they will will put any
bank in the city OF Wallace amount of covering his
from here to the mine and and payment for time
which be sustained provided That after seeing property YOU
do not feel like paying your assessment they expenses If
find matters represented by Them pay your expenses
The committee has not been guided fully in the position
they have taken in this matter by their experience
uenced considerable extent by conversations which they had
with John Nordqust mining engineer of this city, and Thomas Jay
whom you all know be of the practical and thorough min
ing in the Occur enc country Both of these gentlemen
very well indeed this property minc and both spoken it
viii lonb
into of the best propositions in the district.
the equipment of the mne it is thoroughly equipped with
Gdr Iyn compressor, 10 machine drills mining
cars electric lighting plants pipe and blacksmith shop and every
thing in splendid condition.
In reference other properties of the Amador Consolidated Mining
company which all interested would say that the
railway splendid condition, excepting in few places where high
had washed out of the grade, but this be easily and
cheap repaired The snter in splendid shape not
thing connected with it that would indicate that at all cx
ccp that shows that fire has been and that the been
used for short time The widely circulated by parties
Chicago that the furnace burned out has foundation truth
whatever
The townsie and other properties of this company nearly 1000
extent will become valuable from the that the
Chicago Milwaukee ST. Paul grade work has been completed and the
rails will be laid and trains running through the this
line The Northern Pacific Railway company have completed the cut
off from St. Regis to Plains their main line We learned
through officials Of that company that all of the heavy freight trains on
The Northern Pacific will pass through Amaor hereafter From these
% is safe conclude that within another year there will be con-
siderable boom real estate and the properties of the company will
naturally be the to receive the benefit herefron.
This committee like other stockholders in this vicinity have been
receipt of circular letters from so-caed stockholders committee in
chicago advising against paying of the We are unable
understand the motive back Of this except that like you under
stand that is done in the interests of the stockholders the COM
,any but against interests.
We think it would be advisable for the stockholders to come to-
her meeting to take action looking damages
against these apparently irresponsible statements by so
aed stockholders committee Most of have been COMPANY
eight years. have lived vicinity where this popcry
to to protect the investments which and