The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1909-10-14
THE OSBORNE CONSOLIDATION
Continued from Page ~

proposal submitted by Mr. E. W. Conrad of Spokane effect
consolidation of the with several other nearby
properties that all might be worked mine under strong
financial management The trustees have held meetings with Mr.
Conrad and have understanding of the matter and this
is submitted to for your earnest consideration
Below map of the properties to be consolidated The five
dotted claims constitute the German American Adjoining the
west the Idaho Lead Silver which has been developed extensive
and successfully by Mr. Conrad To the SOUTH and directly
ahead Of the German tunnel the Bell group some
times called the Knckerbocker On this fine body OF shipping
has been opened for ength 400 feet and this vein can be
reached immense depth by extending the
tunnel few hundred feet Adjoining is the famous Occur
dAne Nellie which shipped in early days the richest
from any Occur Aene NINE and is still undevoped at
depth be mined through the workings OF the proposed
consolidation.
Lying between the GermanAmercan tunnel mouth and the
railway the McNab ranc 40 of rich ground which
supplies for the boarding house be and buildings
be erected for the operation of large mines.
1T proposed that these properties shall be consolidated into
company be called perhaps the Consolidated Idaho Lead
Silver Mining CO.. 1t is proposed that the capital stock of the
new company be shares of par value of ST. fully paid
and nonassessab Of this 1000 600 shares will be put in
ry and the remaining 1900 900 will be divided among the
and stockholders in American Idaho Lead Silver the
Bell the Nellie and the McNab tract
after much negotiating and careful estimate of the values of
the properties be consolidated the
approved the plan providing that the GermanAmercan shareho
receive stock in the Consolidated Company at the rate of
share of Consolidated for five shares This
agreed by all interests and the transfer be accomplished
when the majority Of the stock is sent in The four trustees
present have put their stock They all shareholders
to do likewise for the following
IL German-Amercan down and out with way to revive
lit One share the Consolidated better than large holdings
the old concern.
2 The believe that after these properties conso
idated the tunnel be extended that
through the several veins known to exist beyond its present
face in the adjoining ground be opened and developed into
shippers One of these veins the Bell is shipping NINE
share in the Consolidated will once be worth 100 per
than share in the present German-Amercan
80 We go out of dead company into exceedingly live
Mr. Conrad who will manage the enterprise mining
many years. experience of highest standing in Spokane
The waiting with big machinery plant all paid for
work the minute the majority Of the stock is transferred The
new enterprise is we'll financed.
"a No stakeholder loses anything he had and it really
larger opportunity and share in the good things dscov
cred and be discovered in adjoining ground which he has
now interest
Oher good will present themselves the thoughtful
reader The trustees hope you will respond quickly There
fund larger correspondence This plan being submitted
the personal expense two of your trustees For your convent
ence blank enclosed The the quicker the
company will be it's way the heart of the mountain and
profits for everyone
Furthermore there is still greater future ahead Of the Con
odated company The has opportunity add still
other properties to its holdings and make leasing
through Consolidated workings
please do pass this matter BY Act this opportunity
to get into live mine and interest you
This plan issued by approval Of the trustees and under the
instructions of the board.'
ALIAS SUMMONS all Their chanabe dead timber
IAnddO nanda yp ulmr