Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-11-09
WEST Il QUINCY REPORT
HAS BEEN SENT OUT
Stockholders Arc Advised OF ooh.'i''''''
or Property rs II Now stai'as
without Drainage

Mining company are reSeiNt'S "
f,,cm secv, NJ. H. Sowles, annonneihs
the plan Of consolidation WITH 'n'
Thompson Mining company Inc re-
mort is as follows:
enclose herewith q copy Of inc ~
4,,a nublished of the special stoc Eil.
sa,dors. meeting Of the West Quincy
n1tnipr company to be held NoF' ~
7o,o al tho hour Of o'clock lp,'s.,n,.
said day. for the purpose OF ,.', hoard
.,r1 confirming the action OF its W. ~
. .5tro1.,or4 In agrccing to sell anu
1880 ali ltl assets to n new c o'nI.n,
~. tnown as the Thompson u. :, :, =
Gonsnlldntcd Mining coinpaslhS,,,,r md
also, FOR the purpose OF ra'iii lid ias Of
confirming the acts OF ~ ,yrittcn
dIrnc,nrs In entering into. w ,i.i,,,,
.ra'r,e,,t with the THOMPSON Alt'i,m5
Sn,nnany. Daily Mining company ~.
T,aip West Mining company u.iu -.
49, Mining company, wherein ~ -
aaastho certain easements aic ~
sSs,t.aa from the ontario. Day a w
NV NJ West Mining companies on IN
Don foot level and other ieseis mi
above and below. Tor aia'' ,.,s tight
oneration purposes. having , M md
-, nrit.iierc to use said iur'its nitt a
ana ,nr draining. and ingress ano
as,r.ss for material for operation pui
s,f,.,os, ana the taking out OF ores u.,a
lsa sto together. with all auh'p'ns
privileges
MUCH WATER.
You. as Stockholders, reaiize .na,
nnroxirnately $4,000 has peeN w no
~ the West quincy Mining col,p s,,x
IN attempting to develop ~ p,o Ia II
s,vithout financial success ,a,,,nt.
the large quantity of water . .neV =, mo
cred ana inability TO reH,os stho o and
ny humping or other inetnnus, ~
~, tbe only practical inethou ~
.',,Icb tho uroperty of the west Qu,hss
sti,,iny company can be developed -.
.I,a iny.er levels is under the prese..
swste,n The Thompson holdings eo.
e., a. ABOUT 1856 acres lying adoacens
- 'thc paly West. In order 70 Is .'';.
thoS territory of the west 'au,nes 49,
YEAS necessary to com pine W." nse
THOMPSON Mining COMPANY, ,.,i,, hnve
3drainnse tunnels will necessarily N.Y.
Nc sxtended through the properly
~ thn Tbompson before they VII ~, ~
~ any benefit to our properts., -,
~, % Combined the acreage owheu "
ths Thompson with that oil tne 81.
sn,,;ncv the West Quincy OWNING o.,.s
fve.eiphtrs OF Sa.30S acres. anu M w
T,hom,,son Mining company ownllis .n ,s
absolute fee simple to $500 hei es. ~ ~.
fbcy have agreed to Issue out ". ~.
rehabilitation of ,2So.ooo snh t y ,nr.
proposed new company, ~ . III,
vat,,e5 OF 81 per share. non-h .s ~,
900 NM shares OF stock to the Da.s
Vast ontario and DAILY Mining con's
,,,r;es for the easements Wn'cn w
ha % n acquired for drainage ana oPeta.
,inn n,,,ooscs. Under this system W.
=, =. ,,,ine nj any level upon when tnes
sbnvs a drift or tunnel, anu LINZ W.
apreemcnt can use ut actual SVss ~. -.
,pnrhinery and hoisting plant OF e,.e
Taly West for the purpose OF cons.s
ing into our properly n.a.e' ' .r,,n IRON
or a,.,, 40 II stands has no commetclhl
,.,J,,o un,ess drained by this system;
6t,,s,.; ADJACENT properties nave ch!ereu
49,, Contract with the Ontario, Oaty3
'na DnIv West Mining companies
,,,n,,nr use OF the same drainage sys-t
tam, Under the contract WIN WIN, .i.s1.,
con,nanies they agree to extehu .hs..
i 900 foot drain tunnel 10 my in,o -
our proposed consolidated ptop asant
This will be the me OF .as =.
Thompson ground,
INCREASE VALUE.
la n is the opinion of experts ana par.
ties Interested in this combination tnat
commercially speaking 1t will create y
demand for and increase me ,.o Sn .,uree al
~ shares of stock IT Is also agreeu
NAT The Stockholders of he&Wnst
Quincy Mining company NH reG ,,a,,
the same nneof ,n shar ,hev N n ,ns o own
IN the West quincy Mining compnny,5
Ne feel assured that il you we're mere 1.e,,
mud looked into the situation thorough
~ that you would approve r no, o. ,, n ,n,a
in~htc,, ms been developed In n few
Weeks weeks but has been under careful con- . n.
sideration for period of two years =
and more You are invited 70 GhnuS
any disintercstcd expert to iook mo
ma situation and examine all the pa
sn nor and plans of procedure, and we
feel assured thu, his opinion WI be sin to
the effect TINT this Is me only isas'o =,
,na,hod Of developing the property IN
question, ana of adding increased value
10 your holdings.