The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1914-03-21

pany, in compliance with the provis-
lens o. "ection 1880, of the revised
st@t@tc5 Of n sada, has issued a
ststeale-t re atiye to the operation OF
It's p oparties in the Highland Min
in5 district covering the period be-.
ming May /, 1912. aad ending Dec
easl,er 81, 1918. from Wai4h t3a lol-
owing are EXCERPTS:
The property Of the corporation con
sists CT the Melissa l5do claim. pat
eated as Lot 38; the Hamburg, pat
eAtcd as Lot I. S. No. 80; the Mend
ha. the Mendha East, the Navy, the
Navy West, the Battery, the North
side, the Army. the Southslde. the
Northside No. 2, the Sauthside No. |,
and tae Navy, and NJ ndha East mill
sites, each cf five acras. All owned
by this company The claims are
Nos ked by Gle gen raj system and
al! arc situated in the Highland Min
'ns district, county CT Lincoln, state
= ~NS'stt.It, LAQCGl iI4isES WESL vi
the town cf Pioche.
The title to the Melissa and Ham
burg CLAIMS is lee simple, both be-
ing palented. The Navy claim is in
course IT LAT ut. Title to the other
c,am3 is possessory. The claims were
acquired by the company by pur-
chase frcm =. J. Osborne, John r.
Cook and Nf}ialn Lloyd, the then
cWneia }y d eds GATED Narnh 4th,
15)1.
The surface improvements are
grouped principally on the Melissa
and Southsid8 claims. On the South
side claim, unpatonted, there are
three dwelling houses, four miners
sleeping cabins, and assay office,
q built Ct luhber. On the Melissa
claim, patented, are situated a hoist
house, blacksmith shap, two ore hcus
ce, llcaG2.amc over 900-foot shaft,
sta5.e, gasoline stor2h and board
ing hauGe, all built Of lumber. One
40 h, p. gasoline hoist, With eonl-
prsss2r, tanks. pipes. etc, Inc
c1rs. t9os, drills, blacksuiith's cut
TT. and which are actually used III
working the properly, with an auxil
iiary air engine Of 10 h. p on the
9a0f3ct larSl, used in hoisting frcm
winzo, at present 100 feet III depth
LOCATION Or TIE MILL
Also, on the Melissa claim theTe
Is ono concentrating mill. the build,
Ing running leo feet up and down
the hillside, raofed and sided with
corrugated iron. The mill machine-y
consists oa a No. 3 gyratory crusher
with three-Gonrth inch trommel; steel
rolls, one 80 h. p, gas engine and
cne i2-h. p. gas engine, one 25-foot
Hancock jig., with necessary ere
bins and other appliances.
Mi1es and. nil are connected by
a pipe lime, approximate two
niles in length, with the tunnel
PIPELINE arc steel tanks for water
spring on the Navy millsite. On this
St rage, Nsh a 8 h. p. gas engine an
force PIX with which the water is
lifted some 400 feet over the mount
an 10 the mine.
The Claims are contiguous, and tbs
.w2rk done since the last statement
WAS made has ben in Melissa alt
the Navy claims, principally, driving
east on the vein in the Melissa eas
end, and sinking southwest in th'
west end Ct the Melissa, and b,
east o-d Of the Navy claim--in Or
shoots between the seventh an
ninth levels, and In winze, and or
shoots from It, on the 900-foot leye
o. the Melissa shaft
FINANCIAL STATEMENT
The company has paid out, in nor
ey in wages for this work, 5,170
81; ic: mine scppl,es, s4,985 So; fo
water pipe line and mill constre@
TIN, $1652S,ss; for wa gca freigh
oa o.e, sS,704 2S; for railroad fre.gt
On o.e, $11,8a3.50; on old iadebta,
ness, $t7,739.Ss. ~
The company is aathori-s t. i
sue one nillion shares of ssal |
a par value o. ono dollar each Thei
is bit c1e class of stock.
Tra aasury stock was originally S,
aide to the amount of one hundre
Thousand shares. No treasury stos
has been offered for sale, and nol
sold, since the filias CT the eepo
cs May 1st. 1912. The amount
stock now remaining in the tress
ry Is. 1900 sha es.
Paid to the mine superintenden
whose dulles consist Of work in al
around the properly. the sum
$3.50; to the president for ssrvsc
as such, and offiee work, the sum
$500; for of'oe rent, s370; fo- a
vertising, no disbursements ha
been made.