The Idaho Springs siftings-news., 1912-09-28
Busy Bride

MT. L. u. fayne OF DenVer. Colo.
was in the city Tuesday and Wednes-
day of thisweek for the purpose of
closing up what is regarded as one of
the largest and most important deals,
made in this camp for some time.
| He has purchased what is known as
/ the Johnston Lease on the Bride Mine
on Seaton Mountain and from which it
! is said that Mr.. johnson has taken out
about $l25 600, during the past year or
moro
The Bride mine is well known and
regard ed as one of the most important
veins in the district. 1t has only been
operated in a desultory fashion hereto
fore; but now that Mr. Payne has come
into possession we look to see this
famous old property operated along
aggressive and systematic lines and
large tonnage can be expected to be
produced from now on The consider
alton for which this portion of the mine
was obtained is saij to run mp into the
thousands and for spot cash.
Mr.. Payne is known to be careful
dltAi IblI-CI NdliNI mining man VI EOl-
siderable executive ability and does
not go into anything of the above ma
ture without first making thorough
investigation from every standpoint.
In other words, he looks before he
jumps This is probably the secret of
his success since entering into the
mining business: being connected with
several very promising interests al
ready. Under his careful management
those who have associated themselves
with him assured profit on their
Investment on account of the econm-
ical and expeditions manner in which
he conducts his operations. 1t is es-
timated that the ore which will soon be
made available in the. Bride mine,
should run up in to the hundreds of
thousands; present workings already
show great amount OF ore exposed
that may reach the 5000, 600 mark.
| Mr.. paynb is Secretary ana General
Manager Of the Idaeo Bride Mining and
Milling Company which was recently
organized under the laws of the State
for the purpose OF carrying on an ex-
tensive plan OF operations in this vicin-
ity especially. 1t is practically a close
corporation and on account OF its very
low casltalization, should yield its for
tunate share holders a very liberal
profit on their investment.
Associated with Mr.. Payne are Mess
ers ]. j. Hoban; H. A. Miller; and Mr..
J. kemmerer, all being experienced
mining men of good standing Mr. Hoban
is well known in this camp, having
spent twenty years or more in this vi
cinity. Being thoroughly familiar with
the leading vein systems i'll this district,
his judgement and experience fit
him for the business, and in speaking of
the Bride vein, he classes it as the peer
of many OF the best. Under his care
full management at the mines operated
by this Company, we believe there is
no room for doubt as to their being able
to make splendid success and that
the future Of this company looks
very bright. Messers Miller and KEN
merer are both well eXperiedced, hav-
ing just recently come from Slverton
and Anmas Forks, this State, where
they have been successfully engaged
for number of years and have made
good record for themselves as success
full operators Associated with them
on the directorate is DR.. A. Aucoin of
lPlattenville, La. very able and sue
cessful practitioner of medicine and
one who stands well in the community
where he resides.
We congratulate the shareholders of
the Idaho Bride M &. M. Co, on their
good fortune in having such able, ener-
getic and fair minded men as officers
and directors. 1t is also stated that
Messrs. Payne and Hoban have just
negotiated another important deal, the
details of which will probably be
given out later on, which, when, made
known to the public, will doubtless be
surprise and furnish further evidence
of Mr.. Payn7's far sightedness and
hustling abilities. He says it is his
intention to make of his company one
of the best propositions for its size now
operating in this or any other district.
He also declares that he expects to
make his operations at Empire, Colo,
equally extensive,
Mrs. M. A. Woodward and son
Rilph, left for their home in
Cripple Creek on Monday morning
after pleasant visit with the fam.
ly of w. J. Woodward who is the
son of Mrs. Woodward.
e Mrs DIR Z = Sherman left ni