Los Angeles herald., 1910-02-18

California Bonanza Cold Mines CUM
pany to permit an inspection of the
corporations books was filed in the su-
perior court yesterday by John Her
man, who claims to own fifty shares
of the capital stock Of the company
and says he wants to make the inspec-
tion in order to determine the value
of his holdings and to ascertain the
location Of the mining property. The
defendant directors are II. G. Steele, IL.
+. Jones and B. M. Cooper. A date
for the hearing on the writ will prob
ably be fixed by Presiding Judge Will
bur today.
Herman is o fire assayer at 252h
South Main street, and the mining
company has an office at 420 l. w.
Hellman building. 1t is Herman's be-
lief that the reason his request for an
inspection of the boks Is denied is be-
cause there are no books.
The mining company announces IN
a prospectus that it proposes to de-
velop one of the largest gold bearing
ore deposits ever heard of in the his
tory of mining, the deposit lying right
at the doors of Los Angeles, forty-tWo
miles away, in the San Gabriel can
yon. To back up it's assertion it ad-
vertises a series Of secret process as
says, or at least assays said to nave
been made on rock taken from the
deposit In San Gabriel canyon, averag-
ing from S12.40 to So q ton in gold,
the San Gabriel canyon have re-
peatedly shown that gold in CONNER
cial quantity does not exist in this
rock.
Harris Name Mentioned
The filing of this complaint again
brings to public notice the name of
c. r. Harris. whom The Herald men
toned in an article February as
being connected with a promotion
scheme to sell an interest in certain
claims in Little Dalton canyon which
comprised formation identical with
that found in the neighboring canyon
of San Gabriel. Assay values included
in the prospectus of the Southern Cali
fornia Bonanza Gold Mining company
are the same as those used by Harris
in letter addressed to prospective
buyer of a part interest in the Little
Dalton claims, according to Prof. ii. l..
Boyd of the Y. M. G. A, who, in
signed statement to The Herald, makes
the assertion. Just what connection
Harris has with the Southern Cali
fornia Bonanza Gold Mining company
has not been definitely learned as his
name does not appear on any the ilter-
ature being circulated. But Judging
from the statement of Professor Boyd
it is believed that the two are work.
ing together in the promotion OF a
scheme discredited by all fire assay
ers and well informed and rellaple
mining men of the city.
To mining men the prospectus OF
the Southern California Bonanza Gold
Mining company apears absurd In It's
Turing and exaggerated statements that
close with an urgent request Tor pros
pective buyers to make haste, as only
a small allotment of stock was on the
market. The prospectus says
Big Ore Promised
"In presenting the Southern Califor-
MIA Bonanza Gold Mining company, To-
Gated in the San Gabriel canyon, San
Gabriel mining district, Los Angeles
county, within forty-two miles from
the doors of the city Of Los Angeles,
lies one of the largest gold bearing
ore bodies ever heard of in mining his
tory. No developing, such as shafts,
tunnels and underground boring, is re-
CURED as in other prospects to prove
up the mine. over 100 years or ore
is exposed. ready for the mill; in other
words, one of the largest gold quarry
ing gold propositions ever heard OF.
1--WE are conservative in our state
ment and we do say that the ore BODY
is over 500 feet in width and 5000 feet
in length. From the above you viii
see why you should become an inves1
tor in the Southern California COLO
Mining company. .
"You will perhaps think 1t strange
that such a large ore body should lie
I at the very doors of the city OF LOS
fore The forty miners walked right
over the Cripple Creek and came to
california to mine gold, and in doing so
they walked over the gold fields or
Nevada, having prospected all the way
but no gold of consequence was as
covered until they arrived in California
Why. Cripple Creek gold was found IN
+be form of sylvanite, Goldfeld gold
tn the form of calaverite, both belonging
to the telluride family and requiring
a different form of treatment than was
known in the early days of mining
No Fire Assays Shown
This company follows up the argu-
,nent with the declaration that KNOW
INC that our ore carried values" ass 'ys
were secured. In the seVerei asslys as
mentioned none is by the fire process
the only established and legitimate
,orooess in existence, which has never
baen able to find any commercial VaIue
IN the black rock of the San GaprleI
and contiguous canyons Ihe ASSAYS
aixed to the statement of this COM
n,11r r,n as high as $37 in gold ton.
Mhis ASSAY was made by Frederick
Tha prospectus continues: There
fore knowing that our -ore carried
the values, the new process OF treat
ment was applied with tne loiio"ine
results: 49,
tchemiss ariu anu s11.So
Assav. prof II. S. Boyd Chemist y M 90 oo
q a y .....................'.. ~ ~
Assay Prof II. S. Boyd (chem'st l. M :, %
O. A. - Niorgan CO ,,..........,.. 1920
Assay Frederick Salathe Chemist Union - oo
oil company, cyanide ........':, ,.:....... @''Vo
Assay. Frederick Salathe, chlorlhaeoh .- "a
process .........'.''..'-, = , rxtratt
riftv pounds commercial run WA" 20 N
Mines supply company ..''''''.''''''''' iS,4O
"This ore was treated by cyanide
,,rocess under air pressure and ehemi-
cally precipitated and chemicar'Y ri re-
fined. ~ .. ,,,.a1,,as 6rs+
we have had eminent experts ana con-
sulting engineers on the ground VINO
have given the property thorougn
samnling. and while the assays ana
oomn1ercial runs showed hieh val es.
tbev showed still better on the face OF
on omen cut on the end OF sixteen rect
snroving conclusively that the values
are increasing with depth
Makes Comparisons
..rhe GREAT Homestake mine Of South
1,airota has for twenty-six years paid
rnonfhlv dividend of so cents a share
o., a million dollars capitalization. and
,ts ore body averages from SO to 80
~ old The Treadwell mines OF
issla nave f1r over fifteen years been
.teadv dividend payer, and they mill
49, 1oo- not average $500 a ton