The Sumpter miner. (Sumpter, Or.) 1899-1905, January 16, 1901, Page 2, Image 2

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    THE SUMPTER MINER
Wednesday, Jaruaiy i6. igoi
OFFICERS
JOHN J. Pl-NHAl.l:, President
(fieri. Met. Hunker Mill (ioM MnK -)
SUWI'IIW, OMflllN
AI.HI-KT GhlSI-N,
Vice-President
(I'rrilJi'H (Jllrrnt Hank)
imki if un
l:(IGI:NI: Sl'hKHY,
It. C. Pl-NN.AND,
Treasurer
Secretary
Grizzly Gold
Mining Company
Capital $500,000
In 1,000,000 shares of the
narvalueof Fifty Cents
Each. Treasury Stock
400,000 shares.
FULL PAID AND NON-ASSESSABLE
OPPORTUNITY
-b. Treasury Stock at TEN CENTS Per Shim
CASH BASIS All Cash Purchasers Receive a Discount of Five Per
Cent on the Investment.
INSTALLMENT BASIS Purchasers May Seoure Stock in Blocks
of 1000 Shares and Upwards, Payable 10 Per Cent Down and 10
Per Cent Each Month Until Paid.
GRIZZLY STOCK
Affords an opportunity for profitable investment that cannot be equaled in the Sumpter District. The mine is now
being actively operated and has reached a degree of development practically assuring the stability of the mine.
The ledge, carrying high values in gold, copper and silver, is over 40 feet in width. Work is being rapidly pushed,
tunneillng and sinking on the ledge, blocking out ore and adding to the pay dumps, and it may be expected that
the mine will be a producer and the company a dividend payer at an early date. Every dollar realized by the
company from the sale of treasury stock is being used for improving the property. The sale of stock will be con
tinued until the mine is a producer,. As development progresses the price of stock will be advanced.
Secure this stock now at 10 cents. That it will be worth its par value within 12 months is a conservate es
timate. Subscriptions for stock may be sent to the company direct, or to the First Bank cf Sumpter, Sumpter, Ore.
For Prospectus and Further Information, address,
Grizzly Gold Mining Co., Sumpter, Ore.
HirCRCNCCS: Fimt Bank or Summ SuMPtiM, 0r,
CififiN Bk Bm Citt OntaoN
WILL BOKK FOR OIL AND GAS.
CapililitU Losing Land on McKay and
Birch Creeks.
A litlli- flutter (il e.uiteincnt in comma
rial, liiMiui.il, t.iriuiiiK ihI several other
rircles has been caused hv (he appearance
in Pendleton ot N. Whealdon, of Che
Dalles, and his leasing of lauds on Mc
K,ty .mil liluli reeks. Me announced
thai hr wanted to lease a section of cotto
ny sis miles squate. Nearly or quite
Munich leases have already been secured.
I he leases ate taken In the name of Parr,
supposed to he, and so rumored, a capital
ist (torn New Yiuk iity. I'hls leased
land will he prospected lor coal, iron, pe
Itolrum and ualtital gas, Wells u III be
ImirJ and sh.ilts sunk. Oncol the stipu
lations ol the lease is that the lessee shall
proceed within a reasonable time to sink
sltalls at least soo leet deep. Another
stipulation is Ih it in vase ot toal being
found and mined, the lessee shall pay to
the lessot the sum of ten lents for each
ton ol coil mined, in addition In the sum
paid lor the original lease of the laud.
J;or yeats it h.u been suspected that
roil, at least, and pcihaps Iron and oil,
are hidden heneath the lands ot the Mc
Kay and hitch creek within ten miles to
the south ot Pendleton, then stretching
away In the mountains 40 and so miles.
As long as 1 1 or is years ago a coal pros
pect was found about 15 miles southwest
of UIU.1I1, across the Hue in Morrow
idiinly. I hit sedion his also been
waK lied, to see w hat would develop. Be
lot so fat from the railroad, and conse
quently shut olf from market of any kind,
I lie work of development was not pushed.
I'lie dawn ol the era of activity Is in
ight.
In the fall ol 1800, there was an oil ex
cllement on McKay creek, within a few
miles of Pendleton. A farmer dug a well
.1 few feet deep close to the stream, struck
water, and was surprised to discover that
scum formed upon the top thereof, so that
it could not he used for drinking or the
hath. It was an oil of some kind, but the
samples brought to Pendleton were so
plainly rectified petroleum, mixed with
pulverized country rock and aqua pura,
that the find did not create a stampede, as
it was thought to be a lio.i.x. This legit
mate development work, however, is an
other thing altogether, and great hopes
are entertained that something valuable
will be found. Easi Oregoniau.
Sumpter Has a "Booster" Society.
Che ladies of Sumpter have organized
the "Hooster" Aid society, similar lo one
formed in Chicago, the motto of which is:
"If you cannot say any good of a man,
keep still. " I'he object ol the society is
to work for the free reading room, and for
the discouragement of unkind criticism,
and the encouragement and boosting of
everything that is public spirited or prais
worthy. I'he hrst meeting was held at
Mrs. J. J. Plsher's Wednesday afternoon,
January 0. I he charter members number
seventeen. The membership fee is ten
Cents, no further dues being e.xpected.
Work will be commenced on aprons, both
useful and ornamental, which will be
placed on sale. Other sewing for any
one will be undertaken, if desired. The
next meeting will be held at Mrs. J. J,
Pisher's, this afternoon. Kvery lady in
Sumpter is Invited to join in the move
ment and help along the good work.
Assessment Levied on Badger Stock.
The Badger Gold Mining company, the
property of which Is located near Susan
ville, and the principal place of business
at San Prancisco, levied its third assess
ment November 14; this lime live cents a
share. In the Grant County News of last
week Is published the delinquent sale no
tice, including 55,350 shares, on which
the assessment amounts to f2.767.50.
That seem to be rubbing it in on the mi
nority boys rather roughly.
I Seventy-five Mile Horse Race.
I It isn't often that people engage in 75
mile horse races, but Wallowa county
furnished one last Sunday that was cei-
1 tainly quite interesting to the participants,
at least. Prom the best information ob
tainable it is learned that l-'red Makin and
Len limmons discovered almost simultan-;
eously, a very desirable stock fat in on
j Courtney creek, in the northern part of .
the county, that had not been taken. I hey
came to Enterprise to tile. Whereupon
one of the parties, finding that his com
petitor had tiled his application a tew
hours prior, secured a saddle horse and
hit the grit for La Grande, In order to
j beat the application sent by mail. He
had hardly started, however, until the
party who had tiled his application was
appraised as to what had happened. It
' goes without saying that it was not many
minutes until he was In hot pursuit of
' his competitor. Both left in the evening
1 and rode all night, in order to win out
and be hrst to appear before the laud
office Tuesday morning. The last man to
1 leave the pole won out, and rescued the
prize by having a relay of fresh horses at
his command. Enterprise Bulletin.
Notice of Dissolution of Partnership.
Notice Is hereby given that the partner
1 ship existing between Ed Turk and Mi
not Austin, under the style of Austin
Meat company, was dissolved on October
20, 1000, and said Minot Austin has as
sumed sole control of said business.
MINOT AUSTIN.
Sumpter, December 15. 1000.
Private Table Board.
I will furnish private board to a few
desiring such, at my residence on North
street, near Center. Mrs. C. B. Duckworth.
The large and commodious club rooms
of Dunphy & Gertrldge are headquarters
for mining and commercial men.
E0!O5
ma
I'l'l'VI'l
fiGIME
t20Rv;
ID.&R.G.R.R.
Scenic Line of the
World
Kuvi.utc TriiiiM'oiitiiHiittil Route.
1 between tlio Nortliui'.-t anil all Point
'Kn.-t. Choice nl' two roiitfs through
I tin Kiiiiiou-
ROCKY MOUNTAIN
SCENERY
mill linn- route.-, cum i( Pucliln ami
IX'nvcr.
All pucnj;ois granted a days stop
over in tliu Mormon Capitol or any
where hetween Ogden and Denver.
Personally conducted tnuritf e.xcurs
ioiis to
OMAHA, KANSAS CITY, ST. LOUIS '
CHICAGO AND THE EAST.
Tor tickets or any information re
garding routes, etc., or for descriptive
advertising matter, call on agents of
Oregon llnilwny and Navigation Co.,
Oregon Short Line or Southern Pnsifie
companies.
S. K. HOOPER
G. P. A T. A., Denver, Col.
R. C. NICHOL, Gcn'l Agt.
Portland, Oregon.