The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1921-03-31
AMAZON-OIXIE COMPANY
AND ITS MODERN PLANT
LETTER TELLS STOCKHOLDERS
OF WORK ACCOMPLISHED
AND FINANCES.

The letter reviews the work accom-
plshed since the fall of 1918, whe
the electrifcation of the plant wa
ordered and its complete eQuipmen
with modern machinery for all pur
poses. 1t was a large undertaking
land involved the expenditure of
large sum, especially large in view o
the prevailing war prices The worl
has now been accomplished and the
I Amazon Dixie company today has {
plant that is unrivalled by any com
pany not in the producing class. The
letter follows:
Electric Equipment.
"Completion of the installation OF
the extensive development plant out
lined by a large majority of stock
holders in meeting assembled al
Cleveland. Ohio. in November, 1918,
can now be reported to you. The
work has been most arduous I'M
dertaking, trying the patience fore
bearance and ability of those at the
mine and Office, particularly as under
ground development has been kept
going continually We beg to report
the completion of the following large
installations;
81 A emile high power voltage
electric power line through the Lolo
forest reserve to our property.
80 One 1S-ton and one 5-ton
transformer placed near Taft Mont
cutting in on the power line of the
Montana Power company, which fur
nishes the Chicago Milwaukee rail-
way its operative power connecting
cur electric power line herewith.
80 Five transformers one 100
horsepower electric hoist with motor
one 15O-horsepower electric pump and
several smaller pumps some with
motors attached
a. One 75-hOrsepOwer motor at
tached to our two compressOrs. Elec-
trihcation of all other power machin-
cry. namely. saw mill which enables
MS to cut all mining and other tim
bers and lumber; drill press drill
heating furnace, drill sharpening ma
chine and many minor appliances
likewise electrified
IS. Placing through upper tunnel
to main tunnel by shaft Of 5000 feet
No. lead covered electric cable
transmitting power to underground
works, shaft, hoist pumps, etc.
Likewise installing approximately
5000 feet electric wiring with neces-
sary fittings and fixtures for under
ground and surface lighting.
"The foregoing is but a rough out
line of the work completed in electri-
cal installations which has cost I'M
avoidably So a large amount Of
money.
development work is, however
us continually for the flu
ture in place of the former uncertain
water power which frequently when
most needed, failed us and work I'M
foreground had to be shut down and
postponed.
"Since our last report, aside from
The foregoing the stockholders voted /
unanimously in favor of increasing /
he Capitalization one million shares /
or the purpose of consolidating the /
property of the Leslie Copper Mining
company. which is contiguous and adj
oins our property and which con-
iolidation has been completed and
he claims of both companies now are
he property of the Amazon Dixie
timing company.
Provide for Funds.
ITO these new stockholders, there
ore. the information is in order re-
pecting the instructions given by the
aassmeeting of our shareholders to
ur directors. held in Cleveland, Ohio
the work to be done and to
hese we beg to further state that the
irectors were, at that time, ordered
o levy an assessment OF 10 cents per
hare which your directors decided to
wide into several assessments as
unds were needed. An assessment
f three cents per share was levied Z
November 8, 1919: a further assess
nent of three cents was called on
august 10. 1920: and as funds are
ow nearly depleted. your directors {
ave been compelled TO levy an as
essment now of two cents per share
OF carrying on the development ]
-ork and place the property into a (
roftable shipping concern.
AT this writing the long crosscut
unnel is daily showing attractive ore
trata which indicate the proximity {
f a substantial ore body and this re-
ort has been delayed from day to {
ay in the hope that before it can be
I'inted and sent to the stockholders
re would be fortunate enough to in !
1rm you Of the good news that at 7
asst one large ore body has been 7
rosscut. A check survey, made since ,
his letter is dated. indicates that our s
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