The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1919-10-10
PIOCHE IS RECEPTIVE TO
MINE DEVELOPMENT PLAN

Last Tuesday night at Thompson's
opera house Lee NJ Brokaw, on be-
half of the Western States Develop
meut Association. addressed a gath
ering of over fifty Phoebe citizens,
the meeting being held under the
auspices Of the Phoebe Commercial
Club. Owing to the shortness of the
notice given, a number of mine own
ers and operators were prevented
from attending the meeting.
The meeting was called to order at
sis p. m. by Herman Prudential,
president of the Phoebe Commercial
Club, and Mr.. Brokaw was intro
duced by Secretary A. l.. Scott, who
in a few well-chosen words gave the
and the excellent reputation he had
gained as evidenced by number of
recommendations from leading bank
ers and business men of neighbOring
states.
Following the introduction Mr..
Brokaw addressed the gathering and
his constructive and practical plan
was closely followed by an apprecia-
tive audience, who frequently ap-
plauded important points.
tion of the proposition Mr. Brokaw
put himself at the service of the
gathering and offered to answer any
and all questions, IL in his power sc
to do.
M. L. Lee, always one of the fore
most citizens to help forward a con.
servative and fundamentally sound
business proposition, put Mr.. Brokaw
on the grill for considerable time
but Mr.. Brokaw's answers demon.
strated the advantageous and thor
oughly sound basis of finance which
the proposition rests upon.
John Janney, who has had a wide
experience in the successful financing
of mining propositions in the east
asked a number of pertinent ques
tions and was apparently well salts
fed with Mr.. BrOkaw's intelligent re
plies.
Others in varying lines of business
who questioned Mr.. Brokaw wer
H. E. Prudential, A. L. Scott ant
E. G. d. Marriage. To all his ques
tioners Mr. Brokaw presented quie
confidence in reply, which was al
important factor in gaining the ia
vorable esteem of his audience. Hi
evident attitude of mind demonstrat
ed his belief that fair criticism onl
strengthens his position.
At 1890 p. m. M. L. Lee as chair
man arose to put before the meetin
the question of whether or not the
favored the immediate formation Q
an organization in Phoebe as pre-
sented to them by Mr.. Brokaw. TIL
answer of the meeting was in the al
flrmative, which was demonstrate
by a large majority vote. FOllowin
this favorable decision over 81 so
worth of stock was quickly sui
scribed.
Pursuant to a motion for the al
pointment of a committee to hes
more minute details and furthe
explanation of the project, particl
larly relative to organization, II
chairman appointed the origin
stock subscribers as such committe
From the membership Of the commi
tee M. L. Lee, H. E. Prudential ar
Charles Stindt were selected as 1
executive committee, which met
ARRANGEMENT with Mr.. BrOkaw Il
following evening at the Bank OF |
.oche.
Mr.. Lee, as chairman OF the a
visory committee, will call a met
ing for some day next week OF t
mine owners and business men
Phoebe for further discussion OF t
project.
For the information Of such mi
owners and business men as were U
fortunately unable to be present
the meeting the following summa
Of the constructive proposition as I
fered to the citizens of Phoebe d
vicinity by Mr.. Brokaw of the We
ern States Development ASSOCIATE
is published:
"The object of the Associated st;
DEVELOPMENT Companies is to org;
ize a local board, made up from
reliable, representative business
mining men, whose individual int
ests would be benefited by secur
for their districts, to be spent IN tn
districts, and superintended by n
in these districts who know local
quirements, enough outside cap
to thoroughly develop the good N
ing prospects.
These different district organ
tions, some on the western slope
Colorado, some in Utah, some IN
vada, with possibly some in CALI
MA ana some III AIlAoho, VIZ
brought together for perman'
concerted action in reestablishing
confidence of eastern capital. =
local company In this entire ore
ization is to have complete mans
ment and control over its own II
operations and, by representation
one member from each local dist
being on the board Of chief ex
tives, they will form a part OF
general governing body.
The plans Of this organiza
will not permit any outside inter
to have anything to do with It's
erations or management. the !
agement is to be made up entirel
the leading men who represent
OF the local units or companies.
Every mining camp and 9
mineral district has had many
necessary failures, and each IA
has added to the discouragemeI
outside investors and to knocke
the camps and mining in general
Is we'll enough for each business