Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-09-19
GREAT WESTERN
At HORNSILVER
CHANGES HANDS
SOUTHWESTERN MINES CO. OF
ToNoPAH PURCHASES CON.
TROLLING INTEREST

On Tuesday evening, at a meeting
of those interested, held at the Gold
field hotel, the final details involv-
ing the transfer of the Great West
ern Mining company's property at
Hornsilver were perfected and title
passed to the Southwestern Mines
company, which was organized re-
Gently for the purpose of acquiring
and operating this property, says the
Tribune. The vendors are the Rus
sell brothers, Howard and James,
who have owned control since the
Great Western company was organic
ed, and they retain large stock in
terest while the new owners assume
all the Indebtedness of the old COM
pany, something over $4,000.
The men who are at the head of
the Southwestern Mines company
are prominent throughout the min
ing circles of the west. They are c..
B. Zabriskie, B. F. Edwards, Thomas
Thorkildsen and S. H. Brady. Mr..
Zabriskie has long been identified
with some of the foremost mining
enterprises of this part of the coun-
try and is closely associated with f.
M. "Borax" Smith in many projects
OF great magnitude. b. F. Edwards
is president of the Berkeley National
bank and director of the West End
Consolidated company of Tonopah
Mr.. Thorkildsen is president of the
Sterling Borax company and is also
associated with Mr.. Smith in various
enterprises. Mr. Brady is director
or several of the leading Tonopal
companies and general manager oil
the Halifax-Tonopah, North Star and
West End Consolidated companies,
Mr.. Zabriskie is said to be in the
east at present in connection with
the financing of the Southwestern
Mines company and it is stated upon
good authority that operations will
be started within short time and
on an elaborate scale to thoroughly
develop the property and place il
upon a producing basis. The Great
Western company will be dissolved
and will cease to exist.
The new company has purchased
the mill of the Homestake King
company, near Rhyolite, and has the
deeds for the plant, which will be
moved to the Hornsilver district
shortly. This is we'll euuipped
plant and has all necessary machin
cry and accessories, including eva
hide equipment. Mr. Brady stated to
the. Weekly News and Tribune a
short time ago, while in Goldfield
that the Southwestern company
would proceed to bring water sun
ply into the district and it is under
stood that negotiations are now be-
ing carried on for the purchase OF
the pipe and that the main pipe line
of the Consolidated Water company
will be tapped for this supply at the
point nearest to the Hornsilver dis
trict
From the time of it's discovery the
Great Western property has beer
regarded as one of the best mines in
any of the districts tributary tc
Goldfield and it's production, alto
gether OF shipping ore that has aver
aged above $50 per ton, is appraised
by Mr.. Brady, who treated the pro
duct at Millers, at fully $15O,OOO
The mine is opened to a depth Of
500 feet and there is large tonnage
of excellent milling ore in sight in
the workings. The stock of the
Great Western was in great demand
here at one time and it is announced
that holders of this stock may now
have it exchanged for shares in the
Southwestern Mines company by
sending their certificates to the To
nopah Banking corporation. Attor
ney George Thatcher of Tonopah has
represented the Russell brothers in
the negotiations for the transfer OF
their interests at Hornsilver.
4 S. II. Brady will act in the capac
ity of the general manager and con.