Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1911-09-12
MESA
MESA IS EXPECTING
MINE DEVELOPMENT
Expected Opening of the Comma
Group of Properties is Likely
to Boom that Town.

All the old timers of this section
remember the good times" in Mesa
when the Mammoth mine was at its
best under the Hall &, Sullivan man
aSement, and remember the thous-
ands of dollars spent here for pro-
duce and supplies Of all kinds. Not
only the merchants but the farmers
as well profited largely by the sue
ceSsful operation Of that mine. Tn
der the management Of Geo. L. Young
| the people are expecting To see the
old days re-established to a great cX-
tent. In addition to that they are
/ looking forward to the time when
the Carney group Of mining claims
shall be to Mesa and the valley what
Leadviile was to Denver, Colorado.
and what Cripple Creek was To Col
orado Springs.
The recent Incorporation of the
Carney Mining Development com
pany. by some of the local people.
in conjunction with Chicago and Phil
adelphia business men. means much
to the future of Mesa. Located on
the south end of Superstition noun
tain, with an automobile road to the
camp. Mesa is now and will continue
to be the natural supply point for the
mine. +. e. Carney. who located
and for several years has, unaided.
thoroughly prospcCtcd the property.
recently secured the cooperation Of
a number of Mesa people. with a few
from other points. for the purpose of
Systematically developing the big
of hnt ha Oh
exist on these claims. To mine
from the apex Of the vein. would re
quire the preliminary investment of
$4,000 in machinery and tramway.
This is the estimate of engineers
who have examined the mine and
they all recommend a tunnel to
crosScut the vein as the most econo-
mical and business like method Of
extracting the ore. To follow out
these recommendations the develop
ment company was organized 4 tun-
mel driven at the base of the noun
tain will cut the vein at a distance
Of not to exceed 500 feet. From hhc|
tunnel to the apex of the vein there
will be 1900 feet of stopping ground.
and levels can be run on the vein
many INJURIOUS ~ ltfl. % SttuIt
the money for this work the Carney
Mining Development company has
been perfected with capital stock
of 100000 shares, at the par value
of S100 per share. The president
of the company has appointed al
board Of trustees. consisting of three
disinterested persons. Daniel Ma
honey, J. II. Barnett and T. Connell
all well and favorably known citi-
zens of the territory, who have re-
ceived a deed to the Carney group
of claims from the original owner
The trustees have executed i'm favor
of the stockholders in the company
a reliable surety bond for the faith
full performance of their duties as
set forth in the trust deed. All books,
all plans and the work Of the Off
GERS of the company are to be sub
ject to the approval of the trustees.
Every person with an office in the
company or who has the handling
of the funds, must first execute to the
trustees a bond for the faithful per-
Torrance of duty The trustees also
supervise the issuance of stock and
determine the price at which it shall
be sold. none of which can be issu-
ed until fully paid for. None of
the officers except those who actual