The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1913-08-07
BLACK BEAR STOCKHOLDERS MEETING
HARMONIOUS AND ALL SEEM SATISFIED
THREATENED TROUBLE MATERlALizE-MAJoRlTY
FEcTLY FAREWELL DEVELOPED
ONLY MACHINERY PRODUCE

| Considerable interest had been cen
tered in the meeting of stockholders
Of the Black Bear Consolidated Min
ing company. held in this city the first
of this week, and the affairs of the
company, according to factional views,
had been discussed more or less
through circular letters to stockhold-
ers, and some of it had reached pub
llcity through Spokane newspapers.
Much Smoke, Little Fire.
However. the meeting and It's actual
results proved conclusvely that there
had been much smoke and little fire.
The factional fight which had been
waged against President and Manager
Peter Bernier and which apparently
had its inception in Spokane, did not
Iassume important proportions. The
dove of peace lowered over the meet
ing; recognition was accorded the min
ority, an act to which the ma aiority y
claims 1t had never objected, and in
the end no one was dissatisfied, or al
least there was no manifestation Of il,
Much Stock Voted--Offlceis.
OF about 100000 shares of out
standing stock. S71,000 were represent
ed at the meeting. OF these 100000
were favorable to the management of
Mr.. Bernier. Herman Ross of this
city, presided over the meeting.
The officers chosen were Peter Ber-
nier president; S. y. Lcmeux, vice
president, L. l.. Brainard, secretary
treasurer, and these, with Otto Grioe
of Moscow, and f. Willman of Spo-
kane, form the directorate 1t may
be stated in this connection that over
a year ago the present management
rendered the Spokane interests repre-
sentation on the board, but there was
failure to name anyone who would
agree to be in regular attendance at
board meetings.
Milling Plant Needed.
The Black Bear Consolidated is a
we'll developed mine. It's pressing
need at this time is a concentrating
plant and with that supplied, there IS
not a doubt that it would take a place
agement is active in this matter and
prospects are good to supply this i'm
provement at a very early date. The
Important part has been solved in the
that there is ample known and
available ore to steadily supply mill
for an indefinite and long period of op-
Grafton.
Large Ore Reserves.
There is much ore in sight and much
of It on the dump. The present work
on the property is to put this ore in
shape for steady extraction and this is
being rapidly accomplished. Within
the past fcw Jays in the course Of
this work, some Of the finest AMI
cleanest zinc ore ever mined in the
Coeur dAlenes has been taken out. II
Is free from iron and subject to none
of the complications which have made
zinc separation difficult in some places
Expresses Appreciation.
Peter Berner has practically made
a life work of the development of this
property. He has devoted the best
years of q mans life to it. For near a
quarter of century his efforts have
been directed toward opening this ore
body at depth determining its extent
and properly equpping to produce
and market the ore. Mines are de-
veloped-very seldom found, and tht
task is usually a herculean one, es'
pecialy for a man without abundan
financial resources. The Black Beal
Consolidated has been no exception Il
the big undertaking The work, from
beginning to end. Is beyond adverse
criticism Mr. Bernier expresses ap
probation for this renewal of confid
ence by the stockholders of the Blacl
Bear company.