The Sumpter miner., March 13, 1901, Page 2, Image 2

THE SUMPTER MINER
Wednesday, March 13, 1901
OPFICERS
Capital $500,000
I
John j. pi.niiau.,
President
(den Algr. IIunU r Mill (wlj Mug (o)
SUMI'II I', Omiiiii
AI.HI.HT (IMS! U,
Vice-President
(I'lislJirl Culc n H-ink)
IIAKI v l in
1-tKil.NI. Sl'I.HKY,
H. C. PIN I LAND,
I re.isurtr
Secret, iry
Grizzly Gold
Mining Company
lu t,ooo,ooo shares of the
par value of Fifty Cents
Each. 1 rensury Stock
400,000 blurts.
FULL PAID AND NON-AS-SESSARLE
OPPORJUNITY
, Treasury Stock at TEN CENTS Per 'Thnrr
CASH BASIS All Cash Purchasers Receive a Discount of Five Per
Cent on the Investment.
INSTALLMENT BASIS Purchasers May Secure Stock in Blocks
of 1000 Shares and Upwards, Payable 10 Per Cent Down and 10
Per Cont Each Month Until Paid.
GRI
LY STOCK
Affords sin opportunity for profitable investment that cannot be equaled in the Sumpter District. The mine is now
beintf actively operated and has 1 cached a degree of development practically assuring the stability of the mine.
The'lodge, 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 fiom 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 pioduccr,. As development progresses the price of stock will be advanced.
Seciue this stock now at 10 cents. That it will be woith its par value withjn 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 Piospectusand Further Information, address,
Grizzly Gold Mining Co., Sumpter, Ore.
HCrCHCNCCS; Ttnmi Dana or 8umf?in Sumfiim, 0
CifirtN Dank Oahih Ciiv Omioon
WATKKING SMELTER STOCK.
Absorption of the Guggenheim Plants so
Declared.
A New York press dlsp.iuh dited
M.iuhds.iys: Argument was lesiimed
todi) hrfote VUe Ch incellnr Meens .it
NcA.iik, New .letsey, on the application
In in ike perm meiit the order lestr.ihiiug
the A111c1L.n1 Smelting .ind Helming com
tuny lioin incieisiug Ms cipit.il stock
from 565,000,000 to 100,000,000 .ind from
consolidating the Inlelests lepieented t)
M. .uggcnheiui Sons . ind other inter
rsis In the United St ites ,ind Vlexko no
del tills 111. in. influent.
IliomisJ. I huhrr, of New York,ie.id
.1 statement outlining; hiletly the position
ol tue delend nits' i ise. In the st itemeiit
it was admitted tint the dlreUois ol the
sinellhiK coiupiny weir not justiiied in
the Issninu ot stnj, whether lor i.ish or
lot pioperty, to .in .iniount gteater th.ui
tli 11 whkh, in their judgment, they ate to
lurlve is woith. It the dheitnrs go con- i
tr it y to this rule canity m ly issue.
.Mr. I'liiJiri s. lid the .iltid iv its present
ed .diJ not lontridkt lu .my way the
cl.iiiu th.it vvh.it w.is to he received
tiuough the de.il was worth to the smelt
hi): louip.iuy moie Ih, 111 f 15, .150,000, I he
exldriue showed, it w.is tuither st.ited,
th.it the pioperty in the hinds of (lug
genhrlm o; Sous ,is an independent con
cern was worth f 10,200,000.
Mr. Uiiteruieei, umnsel for the de
fend nit company, argued tli.it no fraud
had been show n In the triiiMillon he
Iweeu the company and Guggenheim
Sous; th it the pi liutilf should not he in
jured hy these ti.nisactious and that the
Muhholders should and would be bene
tiled hy the deal.
H K. Lludahury, for the plaintiffs, at
tacked the transaction as a deal Intended
to water the Mock. He claimed that the
I ol the statute relating to suJi transac
, tilllls.
How to Trawl Information to Ih? Public.
j Orwell Pleaded Guilty and for Leniency.
, The last ntticial act of Judge Clifford at
I this term was pronouncing sentence on
I l.u-k Orurll. who was Imtilli'.ileil In the
In selecting your route to the east you bhoolnR MMpe ilt nlunz,a short time
cannot alford to overlook the advantages )R() , w prk)ncr uJ (),idt.d Ruty
and uin.forts olfered hy the Kin (.rai.de ,,0 assM u, ,l)tel,t t0 kit When
Western rallw iv In connection with llw',lbkej ,( ,,e ,uJ anything to say before
Denver and Rio (.rande and Colorado sentenCe shouj be p lssej, he s.,d lie h id
Midland railroads. It is the only trans- ue 0 My, , ,)e was a ,,
continental line passing directly through !ld I)ever rertveJ ., doU th.,t he did
Salt Lake Utv, and in addition to the ,,, Mr ,d .fJ ,,. jlldRe t0 be .,,,
glimpse it alfords of the I emple City, the j, ,.!,., ;s possl,e. jujRt. Clifford re
tire..! Salt I. ike, the S. It Pal ice. and the mid(.d ,, ,; ,,. durRe ,0 ,,,.,, he
pkturesque Utah valley, it olfers choice . ,, ,d pIenJt.d Kllty w.is .1 very hcrlou. oi.r
of six distinct routes to the east and the J I)rxt t0 tmirdcr; that all he knew about
most magnil.cent scenery lu w world. hl.casi. was what ,,,. ,aj MrneJ infeid
A double d .Ilv train service and through 1 inR om ,,. ,esn,y Rjv.n ,,t ,he prtr.
Pulliii m p. I ue and ordln.uy sleeping cars, j lmuary examination; th it it turned de
free reJiningch .treats and a perfect din- fellj,nt ,,p ., my iuJ iR. He in
ing car sets Ice are now In operation vh formed Qrwell tint the penalty in such a
inese lines, ror pimpmeis uescripuve oi
the "(irrat Silt l.akr Route" apply to J.
I). .Manstield, general agent, 253 Wash
ington street, Portland; or to (leorge W.
lieu., acting general pissenger agent,
Salt Lake City
Deep Sinking on the Concord. ,
.1. II. Uobbius, president of the First j
case was from one to ten v,ears in the
penitentiary; tint he should feel thankful
that the bullet he fired did not prove l.it.il,
for In such a case there was little doubt
but that he would h ive been convicted of
murder. The judge s.ld lie felt like show
ing some leniency from the fact that the
prisoner Ir.J pleaded guilty and thus
saved the county an expensive trial. He
D.&R.G.R.R.
Scenic Line of the
World
It ink of Sumpter and general manager of ,, sentenLej Qrwell to f.veears in the
whole proceeding was a clear evasion
the Concord property, w hich adjoins the
famous Ned Hoy mine, arrived in Biker
I .st evening en route to Portland. Mr.
Robbins says the management of the
Concord group will continue extensive de
velopment work during the ensuing year.
I he claims now have about 1600 feet of
exploration work done and the disclosed
ore bodies are said to be second only to
the Red Nov vein In both size and assay
values. "We are In no hurry to put a
mill on the property," salJ Mr. Robbins,
"and deep sinking and thorough develop
ment will be our motto for some time.
The treasury of the company Ins plenty
of funds tocarrv out such .1 policy and to
demonstrate the general extent of the
vein, Its continuity and value. Two
shifts of men are now curving on explor
ation work and the number of men will be
Increased In the near future. Republican.
penitentiary. I lie prisoner was pale and
very nervous, and he evidently expected
a lighter sentence, as a look ol disappoint
ment passed over his countenance when
sentence was pronounced. Democrat.
Favorably Impressed With Sumpter.
W. H. Shoemaker, proprietor of the
Rock Creek Flouring mills near Haines,
Oregon, spent the day in Sumpter last
1 hursday visiting the merchants here,w ho
handle large quantities of his flour. The
Sumpter Forwarding company is his agent
and a carload of his goods does not last
long. He was favorably Impressed with
Sumpter on this, his lirst trip, and says it
is not at all such a place as pictured by
some of the Raker City people, when he
spoke of coming; up here.
Fin (,i He Tiiiiwniitinciitul Itottto
lii'hwrn tin NnithwiM mill all Points
KuM. Cliuico of two 1 outi tlirmiL'li
tin) Kiiiiioii
ROCKY MOUNTAIN
SCENbKY
mill four routes ca.-t of Pueblo and
I Denver.
1 All iinsei.''oisi "ranted 11 dnvs stun
over in the Mormon Capitol or any
where between 0iicii and Denver.
Peronally cnndiieled touiist excurh
ions to
OMAHA, KAbJAS CITY, ST. LOUIS
CHICAGO AND THE EAST.
For tickets or anv information re
garding routes, etc.," or for descriptive
inlvertMiig matter, eall on amenta of
Oregon Railway and Navigation Ot.,
Oregon Short Line or Southern Pacific
companies.
S. K. HOOPER
G. P. A T. A., Denver, Col.
R. C. N1CHOL, Cicn'l At.
Portland, O'fgon.