Mohave County miner and our mineral wealth., 1919-10-25

the authority of it's officers 70 execute leases, bonds, and other papers.
 g.. Each lease shall be accomnanied at the time of filling, by the acvance annual rental for the first year. Nc lease shall be forwarded by the officer in charge for favorable consideration unless the advance annual rental for the first year has been deposited with him.
 10. Lessees shall furnish with each lease bond with two or more personal sureties, or with an acceptable company authorized to act as sole surety. Said bond shall be in amounts as follows:
 For less than 40 acres, $500; for oon 40 for 80 acres and less than 120 acres, $1,500; for 120 acres and not more than 160 acres, $2,000: Provided, That a lessee may file one bond in the sum of he is or may become the lessee. The right is reserved to increase the amount of the bond above the sums named in any case and to accept substitute bonds deems it proper to do so.
 II. Lessees may assign their leases or any part thereof or sublease the premises or any part thereof with the consent and approval of the Secretary of the Interior. Lessees shall not per init any person or persons to have pos session of the leased premises, or any part thereof, save and except those rightfully entitled thereto pursuant to the conditions set forth in the law, reg ulations, and lease.
 12. Leases shall be irrevocable ex- cept for breach of the terms and condi- tions of the sanfe and may be forfeited and cancelled by appropriate proceedings the district in which the land or some part thereof is situated. Lessees may, with the consent of the Secretary of the Interior, surrender their leases in fee of ST. provided all royalties, rentals, and other obligations due and accrued up to the date of completion of their applications for surrender have been paid and fulfilled. If a lease has been recorded. the lessee shall execute a re- lease and record the same in the proper county recording office, and file the re- lease with the officer in charge. An application for surrender will be constd- cred as completed on the date of the fil- ing of same in the office of the. officer in charge, provided the foregoing regu- lations have been fulfilled.
 IS. Each lessee will be required to pay a royalty on production computed on the. net value of the output of the minerals at the mine, payable at the end of each month. The law provides that this royalty shall not be less than 5 per cent, but in view of the impossibili- ty. of fixing in advance by regulation the exact royalty to be imposed upon diff ferent minerals found, varying the value and in conditions under which they are mined, the royalty governing each lease will be fixed and determined prior to the issuance of each lease and indorpor- ated therein. The term used in the law, met value of the output of the minerals at the mine," is construed to mean the gross value of the ores, less the cost of mining said ores, the cost of concen- tration. of handling, of transportation, of shipping from the mouth of the mine to 'the works where the ore is treated, and the cost of milling, reducing, or smelting. Cost of mining said ore" covers only the cost of mining the ore produced and brought out of the mine during the month, and does not include cost of prospecting, of preliminary workings, or the cost of the mining plantA
 IA. Tn addition to the royalty on pro- duction the lessee will be required to pay advance annual rental of 25 cents per acre for the first year. 50 cents per acre for the second, third, fourth, and fifth years, respectively, and S1 per acre for each year thereafter, the rental for any one year to be credited against the royalties as they accrue for that year. It will also be necessary for the lessee to expend annually not less than S100 in development work for each mining claim located or leased in the same man ner as required under the mining laws of the United States. .N
 15. Each lessee shall keep books of accounts showing the amount of ore