The Alaska daily empire., 1923-02-10
JUALIN CLAIMS TAKEN OVER BY
 NEW INTERESTS
Four Million Dollar Company to Develop Mine-Plans
 Are Announced.

Acquisition under option of the Jualin mining property by new $4,000,000 company, organized under the laws of Alaska and financed by Belgian capital. was announced to- dav by Jean Nanophem and A. Null der, two of the incorporators and members of the board of directors. 1t controls the Hoggatt mining prop erty at Jualfn which was formerly under an option to the Jualin Alaska Mines Company.
 The new organization is incorpor- ated under the name of the Jualin Berners Mining Company. It has an authorized capital stock issue of 400,- 900 shares of par value Of S10 each. The incorporators are Jean Van ophem, B. M. Behrends, N Van Muyl- der, A Mulder, H. L. Faulkner and ]. H. Hart The first directorate is composed of Messrs. Nanophem. Behrends, Mulder, Van Muylder and Faulkner. The company will elect its officers within the next few days.
 To Push Development
 The statement made by the in corporators today said that the new corporation is not in any way con nected with the old Jualin Alaska concern. It is entirely new capital. It has Ian option on the property fer merly held by the latter company and will push the development of the mine and construction of a m'll as rapidly as possible. The terms of the option were not made public.
 The first objective of the company is the completion of the long drain age tunnel work having already be- gun to that end Arthur Rendeau is superintendent of the work and 45 men are at present employed Some outside construction work, con sisting of snow sheds, etc, was com pleted last week and the crew re turned to town.
 Thirty-seven hundred feet of tun. neling remains to be done. New cars have been ordered and gas powered locomotive will be purchased at once to replace the present mule tram by which rock is removed from the tunnel It is estimated that 800 feet of tunnehng will be done every month and the job completed some time next summer.
 Start Mill Erection
 Construction of the mill will be started next summer. IL will be erected ln units. 10 stamps cG.npris- ing the frs. unit The mill building however. which will go up next sum mer. will have room for 20 stamps a second 10-stamp unit to be in stalled as mine development pro gresses.
 An aerial transportation line be- tween Juneau and Jualin will be e5- tablished next summer. A plane has been purchased by the new company and will arrive here about May 1. It is capable of transporting one ton useful weight It is a Farman ESQ limousine type, twin horsepower Lorraine Dietrich motors, equipped with boats, wheels and skids and is capable of making landings on water, SIpuuu ol suUN. II Has 1lAe-paS- senger capacity. The plane will make regular trips between the mine and Juneau.
 Open Radio Station
 Preparations to open the Jualin radio station are now in progress. Wireless Operator Griffin, formerly operator of the Latonehe radio, left for the mine yesterday The station will work with the local Navy station.
 MT Mulder. who with A. Van Muyl. der, arrived here about three weeks ago from Belgium. expressed himself as well pleased with Jualin. Both he and Mir. Van Muylder are delighted with the country and with the cour- tesy that has been shown them since their arrival Both of them. he said hope to return. They will leave on their return trip on the next Prin- cess Mary. going by Los Angeles and east through the Grand Canyon of the Colorado and the southern route through Texas to New York A sec ond panty of prominent Belgians in- terested in Jualin will come here