Tombstone epitaph. (Tombstone, Ariz.) 1887-current, 1918-04-07
historic TOMBSTONE
(Arizona Daily starr

histoly typ,cai OF tne early Gays OF
the west. is again in the depths.
The Bunker Hill mines have just
shut down. and another of the con
stantly recurring periods of depres-
sion is upon the community. No
mining camp in the western country
has had more written about it than
has Tombstone. whether it has been
under its correct name or in the
"Wohville Stories"
Early in the summer of 1878 de-
tachment of United States soldiers
was marching from wickenburg to
Fort Huachuca. accompanied by a
last stages of its march Schienelin
who had heard of rich ore deposits
in the Apache infested hills in the
south While the detachment was
crossing the San Pedro valley in the
last stages of It's march. Schiegelin
took his burros and went into the
hills in the east BY day he hid out
from the Apaches. and by night he
prospected, and found what he con
'sidered good rock" He then re-
turned TO Globe. where he showed
his samples to his brother and
partner. and they were "grub-staked"
TO return to the location OF his find
Schierelin was told OF his reckless
ness in going into the Apache coun.
try, and was told that he would find
a tombstone. rather than a mine Me
did both; he found a tombstone. and
located the wonderfully rich mines
that have had such wonderful his
tory.
Situated upon sloping mesa be
tween the Mule and Dragon noun
tains, looking out upon. across and
over the San Pedro valley to west.
backed up by hills and mountains.
stands the town of Tombstone. Back
of il on the hillsides are its mines
and mills. from which millions have
already been taken and will be tax
en-. The early work Of the Tomb
stone Consolidated Copper company.
a subsidiary of the Development Co.
of America, was highly profitable.
and for many years Tombstone had
the big camp of the territory. and
the most promising of all camps for
continued prosperity.
In the SOS however. a heavy in
fiux of water drove the miners from
the workings. and for seven long
years the company made brave eff.
forts to develop the properties. but
the mines were never reeopened 10
the extent of permitting continuous
operation or thorough prospecting
The Development company supplied 4
nearly $4,000 to its Tombstone
subsidiary in addition to funds real
lied by the Tombstone company from
the sale OF its special contract bonds 4
before It came to the end of its re. /
sources. Then. with $1.s10..1s o,
its notes protested. the collateral Sc
curity for these notes was sold at I
auction The expenses OF this COM
pany practically caused the downfall
Of the Development Company OF Am
erica.
For years litigation was the order
Of business. while. in the meantime.
the beautifully situated town of'Tomb-
stone, with its wide streets and side
walks. large business houses and
neat residences. was going down
wards until 1, had a population of a
few hundred only. of very optimistic
people. VINO believed that the Tomb
stone mines would again come into
their own. In 1911 the case had
reached the stage of bankruptcy pro-
ceedings: for two years it was fought
in the courts. and it was not until
1913 that the case was settled and
the property offered up at bank
ruptcy sale. During the several years
previous Colonel A. L. Grow. who }
had been appointed trustee in bank
ruptcy. was aOle TO maintain the
property. and had done assessment
work on about thirty unpatented Z
claims held by the company. out h
Of the proceeds of royalty from the. {
leases extended on the property. "a
The news of the final sale OF the I
was hailed with great joy v
By the people OF Tombstone. as it 4