The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1922-09-07
CONSOLIDATE
NINE MILE COMPANIES
LOG CABIN AND NINE MILE CON-
PANIES MAKE AN ATTRAc-
TIVE COMBINATION.

A special meeting of stockholders of
the Log Cabin Mining K Milling COM
pany has been called in this city on
October for the purpose of consider
ing and taking action upon the propo-
sition to consolidate with the Nine
Mile company, or to transfer all prop
erty of the Log Cabin company to the
Nine Mile company Explaining the
reasons which prompted the directors
to take this action, the following
statement from Sam H. Linn, presi-
dent of the Log Cabin company, ac-
companies the notice mailed to stock
holders calling the meeting:
THE object of your directors in ask
ing that the Log Cabin Mining & Mill
ing Company Limited, and the Nine
Mile Mining company be consolidated
into one company is that the proper
ties of the two companies adjOin each
other and together would form a big
group of mining claims which could be
developed a great deal cheaper than
the two small separate properties. Be
sides we have reasons to believe that
funds can easily be raised through sale
of treasury stock in the consolidated
company 1t is the intention that
every stockholder shall receive share
for share in the consolidated COM
pany."
Location of Properties.
The Log Cabin Mining & Milling
company owns II claims situated on
the west side of the west fork of Nine
Mile and about three and a half miles
from Wallace. These claims have been
surveyed for patent Two tunnels
have been driven on the property ag-
gregating about 1900 feet, in both OF
which the vein has been explored to
a considerable extent and showing
more or less ore. The group joins the
property Of the Nine Mile Mining com
pany in the bottom of the canyon.
The Nine Mile company owns six
patented claims which extend from the
Log Cabin up the eastern slope of the
canyon and join the Success. Much
work has been done on
this property, aggregating more than
1000 feet. The main tunnel starts a
short distance above the creek and is |
by raise with another tun-
mel which has its portal just above the !
Murray road In both tunnels and in |
the raise there is said to be consider !
able lead-silver ore exposed and the |
has long been regarded with |
much favor by those who are familiar |
with it, The Log Cabin ground is /
presumed to cover the same vein and /
a consolidation of the two would re-
suit in a large area of great mineral |
promise and ideally situated from the |
standpoint of development and opera
ton. The Nine Mile branch of the |
Northern Pacific crosses the ground in |
the canyon and again as it makes the |
switchback up the hill
officers and Directors.
The officers and directors of the Log |
Cabin company are Sam H Linn, |
president; Otto A. OLSON, secretary
treasurer: o. H Linn, all of Wallace; |
Andy Linn. now in Arizona, and John |
w. Fink, of Albuquerque, N. NJ
o. H. Linn of Wallace is president |
of the Nine Mile Mining company; /
John w. Fink, of Albuquerque. N. NJ, |
is vice president: c. w Belts of Wal
lace is secretary treasurer; Sam II /
Linn. of Wallace, director. The late |
Judge w. w. Woods was a director
and one OF the largest stockholders.
A meeting of stockholders of the |
Nine Mile company has also been call
oC,-fJo. consolidation