Bisbee daily review., 1917-08-19
JEROME COPPER TAKEN OVER BY GENERAL
 DEV. co.
Holding Corporation for Mi ami Copper Company and Other Successful Ventures Enters Yavapai Field.
By William p. DeWoIf.

| oJ WHtiam Y. OeWof-
 PRESCOTT. Ariz.. August 1S.-A
 mining deal of paramount importance
 to the mining industry of Yavapai
 county was closed here a few days
 ago by the transfer of a very gener-
 ous control of the Jerome Copper Min i ing company to the General Develop
 ment company. holding corporation
 for the Miami Copper company and
 other successful mining ventures throughout the United States and else
 where. The monetary consideration
 has not been made public. but your correspondent can state authoritative ly it was commensurate with the val
 ue of the Jerome Copper company's
 mining realty assets in the Jerome
 and Mayer fields; which is to say it
 was large sum.
 The transfer of control to the Gen eral Development company was given official sanction at meeting of the board of directors of the Jerome Cop per Mining company, held in this city August 9th. which was attended by all of the local members of the board and by F. Wellington Hay of Toronto, member of the Canadian Parliament, and by Gus Zorke, Fl Paso banker and capitalist. At that meeting the board of directors was increased from sev- en to nine members by the addition of Homer B. King of Prescott. and H xufn nf An ing engineer. Aside from the gentle men mentioned the personnel of the directorate Is: E. A. Kastner. busi- ness and mining man of Prescott: Henry Brinkmeyer. business and min ing man of Prescott; F. NJ. Burdick. president of the Burdick Enamel Sign company of Chicago; Markham B. Orde. treasurer of the chicago Surface Lines, and George A. Gilbe managing director of the Employers Liability company of London.
 Development Underway.
 Development of the company's property was taken over August 1st under the management of the General company. and being fur thered under the supervision of A L. Jones. formerly associated with the mining interests of the Marcus Daly estate. It was under the supervision of Mir. Jones that the company's Ew- ing & Hooker group of nine claims at Jerome was developed to the stage where it warranted the investment of large capital. This is particularly true of the Porous Iron claim of the group. where the copper showing is one of the best. for the depth gained. in the Jerome field. For a number of weeks past. until recently. a corps of mining engineers of the General De- velopment company's stan was engag- ed in making an exhaustive examina- ton of the Jerome Copper Mining holdings at Jerome and Mayer. and the favorable report made io headquarters was based largely upon the work done under the direc- ion of MT. Johns.
 At present a crew of eighty men is in building a road to the -OluRdHN kAOuHs md this is to be followed by like work ,n the company's eleven claims in he Mayer field. The acreage at May IT. like that at Jerome. presents a very copper showing. Proxim- ty to the mine of the Arizona Bing- Copper company. now on ,aying basis. has of late added to the -alue of the Jerome Copper company's holdings at Mayer. The road build ng now underway is a necessary pre- iminary to the installation of machin- ny and the opening of both groups at epth. Under the management of so and financially stable as the General Develop nent company it is all but needless to dd that work will be vigorously pros cuted and will be facilitated by ade- uate machinery equipment.
 A Welcome Addition.
 Mining men in general view the ad- ent of the General Development ompany to the mining ranks of Yava- ai county as one of the most import nt additions thereto since former 'nited States Senator w. A. Clark