The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1910-12-13

came the discouraging information
that expensive stamping machinery
brought by Blanchard from San Fran
cisco wouldn't do at all.
More Money Paid In.
Then the Kansas City and New
York men who had invested 80 cheer
fully in the stock received letters say
ing that more money ives needed;
that the miners must be paid. They
came through with an assessment,
generous one, some Of the investors
admitted this morning. More weeks
passed; also came more requests for
money. Again money was sent to
Arizona.
Parties from Kansas City visited
the mining camp. The work seemed
to be progressing. but progressing
slowly in the mine. But In the camp
around the Iron King. the mine prop
erty owned by the American Copper
company, everybody sung the praises
of Blancsard. Each Sunday he would
fill thel 81 of the church he had
erected b tate mp: the eloquent SER
mons he de FL. and exhortations
also ais TIN, the Sta visitors @s 1ss is house
was situated directly oA n -eet or
path the miners took bae. ~ their
camp. The promoter would VI seen
Sunday afternoon seated at the front
window reading bible.
His Interest In Churches.
On one Of his visits here Blanchard
attended q foreign missionary rally
at one of the churches OF Kansas City.
A subscription was being taken to
send a missionary to foreign land.
The contributions didn't start OF
right and the minister became dis
couraged. Then Blanchard arose in
his seat and volunteered, 1t was said,
to pay the entire years expenses him.
self. Modestly he declined to take the
platform when requested to by the
minister. Then committee was ap-
pointed to escort him to the platform.
Afterwards, 1t was said. several Of
those in the congregation became
owners Of stock in American Copper.
But the assessments and requests
for money came more often until the
heaviest of whom were group OF
wholesale merchants, sent repre-
sentative down to investigate. Prog
ress had been made. but money had
been lavished extravagantly on every
hand, this representative reported
Then as one man, wholesale shoe
dealer. expressed It this morning:
Then the Investors Quit
I'VE Just became 20 plumb tired. oi
sinking our money into the mine. that
we quit e, -.i..,
After an investigation the company
went into bankruptcy.
Blanchard fought the proceedings
The American Cooper company, II
seems, owned the Iron King Mining
company, the property around which
the camp was built. the Colonial De.
velopment company and the "Bill''
Williams Investment company. Each
of these companies held the title to
mining claims. all Of which belonged
to the American Copper company.
The Books Complicated.
Transfers of money from one com.
pany to the other had made the books
so complicated and intricate even the
courts could not fathom all the deals
The company was finally ordered solo
and was bought in by Kansas City in
vestors. But Blanchard was out Of 1t
With Blanchard out of the compan!
the mine was again put in operation
The men here who invested in it hop,
to get it on paying basis. Severa
OF them, who had induced friends ts
purchase stocks, bought in the prop
erty at a personal sacrifice in ordel
to save something from the ruin
Blanchard remained in Arizona fol
several months after the reorganiza
ton and then went to Nevada.
Promoted Town Of Monarch.
In Nevada Blanchard promoted tn,
town Of Monarch. A stone store, ,
stone church and a lodge hall wer'
built. The town doomed and boomet
under his guiding hand and lots. I
is said, to the value of $4,000 wer'
sold. Afterwards the town did no
meet it's boom promises and Blanch
ard left.