Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1910-01-01
ANNUAL STATEMENT OF The
BUCKEYE TONOPAH Mining
COMPANY.

Knowing full well that by .the de-
cision of the Attorney General, the
reports is not required until June,
/ 1910, still, if there is any virtue in
the law at at all, it should be fol-
lowed in spirit as well as letter, and
the Buckeye Tonopah Company. well
comes the law that gives it a chance
to place its complete record before
/ the public. Not only are we ready
| to place this report in the hands of
the printers, when the clock strikes
| midnight ringing out the old year and
| ringing in the new. but we are pre-
| brought down to date at o'clock
every day of the year, or to furnish
| a statement at the close of any
business day on call, Gas required of
national banks).
Statement of the Buckeye 'Tonopah
ganized under the laws of the state
of Nevada, made this 1st day of jan
uary,, 1910, including the period of y
| months preceding this date
Number of claims owned, FIVE.
Named the Buckeye Florence =
"Judge," Ajax" "Tonopah Bullion.
The last four under. application for
patent, up to the land office, RECEIVERS
receipt All being worked through
one shaft being sunk on the corner
of the Florence claim, near which
cutting and drifting from the shaft
will carry the work into the other
claims.
All said claims are located in Nye
county, Nevada, in Tonopah Mining
District, the nearest postoffice being
Tonopah Postoffice, which is about
1000 yards distant Said shaft being
now sos feet deep, equipped to reach
l 800 feet
There is frame boarding house, a
frame bunk house, frame office
store house a corrugated iron engine
(hoist) house and corrugated iron
compressor and power house, also q
with self dumping equipment and
rock bin adjoining, all situated near
the corner of the Florence claim Gun
sessment work for 1909 has been done
upon the Buckeye claim near the
center by sinking a shaft about lC
or II feet deep-upon the ledge. The
total number of days labor expended
F., in actual work upon the Buckeye
claim alone aggregates about a
;, pany paid 81 a day for part of it anC
S. a day for the rest. of it, aggre
eating about 500. exclusive of pow
t der taken from the. store house. The
authorized to issue 100000 share,
= of a par value of 81 each. 100000
n shares of the above being. COMMON
n FERRED STOCK, all of the PRE-
: FERRED STOCK having been PLACED
d in the treasury upon organization, t
: used in development of the proper
S ties. Said treasury stock was ove
r subscribed shortly after the organi
cation Sa6opt years ago) reeauiri mi
L down, several We're dropped or can
s celled, (and several of the subserp
d tions were filled with common stock
though not the proceeds of the stocl
e originally set aside as treasury stock
: was used for development purpose
d the same as treasury stock proceeds
n Such stock as was sold during 100
consisted of others taking up, an
change the original amounts sub
scribed on the books
No salaries. nor commission wer
manager The only wages, or saiaI
er and his men. No advertising ha
p Dsfe done OF tne gro%n and for
L ad" or two, said advertisement fc
rs patent being included under the hea
a. of Legal and Title" expenses w
% have not yet begun the extraction I
Oh ores.
be The following is the tabulated e,
d lures for 1909, complete to midnigl
eS December 81, 1909, and copy herr
10 of will be mailed to each and ever
+. err with a copy of the secretary's r,
lg port, showing detail account of Il
to stock issued and bank balances. TT
If annual meeting of the company wi
VI be held on January 25, 1870
RECEIPTS.
Drafts upon treasurer No.
245 to No. 423 inclusive. $24,005.
Interest paid on bills receiv-
r able .............. ........ oV.
Total received. $24, O55.
=, Returned to treasurer. ....... $50.
10 Not total s23.9O5.