Los Angeles herald., 1910-01-21
PAYCARCOMPAN
FINISHES PLANS
LOS ANGELES MEN WILL MINE
NEAR B0USE
FIFTY CLAIMS COVER ALL VEINS
IN PLoMosA DISTRICT
Hoist Will Be Installed on Property
and Shaft Sunk Five Hundred
Feet to the SuIphide
Zone

]. C. Denton spent a few days in
Phoenix during the earlier part of the
week perfecting the organization OF
the Pay Car Mines company which was
incorporated last spring for the pur-
pose of taking over the Pay Car group
of mines in the Plomosa mining dis
trict near Bouse. All details are COM
pleted with the exception of the sigma
lures of some of the deeds which can
be secured by one of his associates in
Los Angeles
There are about fifty claims in the
group which is Familiarity known as
the Pay Car properties.
The company is capitalized at g.
100000 shares of a par value OF III a
share. Half of the stock goes to the
treasury and the other half is promo
ton stock, all of which is to be pooled
for a year Of more as the directors SO
prescribe.
The officers of the company are j. c..
Denton, president; e. l.. Short, treas
urer; H. p. Ward, secretary; S. E
Vermilyea, of Los Angeles, vice pres1-
dent. The directors are the same with
the addition of George Otis, w. H.
Alvey and Mr.. Stanley.
Fifty Claims in Group
The fifty claims in the transaction
include the Francis, Gold Pass, J. c.
D., Goldfield and Copper Giant groups
embracing A claims and six additional
claims known as Copper King, Pay
Car, Bi-Metallic. Clearwater and Eu-
reka No. 1. They lie in two compact
areas, practically touching each other.
Eevry important mineralized vein IN
the Bouse district is crossed and ira
yersed by one of the claims and the
group is in close proximity to the Lit
tie Butte.
The property includes $500 feet of
the Little Butte vein; $500 feet OF
the Hearts Desire vien, 1900 feet OF
the Dutchman vein, and 5000 feet of the
vein on which the Woods Investment
company opened sulphide ore at a
depth of rs feet, and upon which Is
situated the main shaft of the Pay Car
claim, the surface conditions of which
are practically the same.
The bottom of the Pay Car 90 foot
shaft is all in ore running per cent
copper and SO in gold a ton. The out
crop of this vein at this point is from
15O to 300 feet in width and seems to
indicate an immense body or ore at
depth One shaft ON the Francis
claim near the Hearts Desire, Is down
114 feet and rdns better in gold than
in copper. The dump pans we'll In the
yellow metal about the same as does
the Little Butte dump.
In Iron Dixie cropping
The Copper Giant has fifty-foot
shaft in large iron dixie outcropping
300 feet wide on the surface. The shaft
shows a good grade of copper and
gold ore for its entire depth. The
]. c. d. No. has a 40-foot shaft on
a good strong vein and runs about $50
in the sampling. This claim is at
present under lease, The Pay Car
claim has a splendid gold showing the
values running very high; however.
there is not sufficient work done on
it to prove the size of the ore body.
The Paw Car shaft is on the Woods
vein.
A hoist capable of sinking several
hundred feet will be installed on the
Francis claim and the shaft will be
sunk to the 500 foot level without cross
cutting or drifting until the sulphide
zone is reached.