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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (April 10, 1901)
V THE SUMPTER MINER Wednesday, April 10, 1901 RAILROAD RUMORS. N. C. & O. and C. S. Headed for John Day Valley. It Is reported at Lakevlew, Oregon, th.it the Nevada, California & Oregon Kail way Is about to put engineers In the field to survey the proposed extension from Termo to Lakevlew. The work of grad ing the roadbed and laying ties will begin without delay and rails will be put down as fast as they can be obtained from the mills. The company has rails for 19 miles of road and will have to wait on the factories for the remainder. It expects to be supplied annul July 1, and to have trains running into Lakevlew by Thanks giving. The Nevada, California Si Oregon has been built from Hcno, Nev., to Termo, Ciil., 11 distance of 130 miles. Much of the territory through which it passes is not profitable. It lias good country for 10 or 1 5 miles south of termo, and the northern stretcli In l.akevlew Is capable of luruishlug large trallic. I) Comyu Morgan Is president of the Company and Amrdce 1). Morgan treas urer. They are New York men who have a rating of f 20,000,000. Orcgnnian. Columbia Southern Litigation Settled. All litigation between I:. I:. Lytic and Drake C. O'ltellly, 011 account of the Columbia Southern railroad, has been set tled for good, and live cases pending in the state and United Slates courts were dismissed yesterday. Mr. O'ltellly drops out of the ro.id and I:. I:. Lylle and Waller II. Moore become owners of the entire issue of stock. Mr. O'ltellly re ceived f 127,700 In cash for his Interest. Of this amount, ft 14,700 was applied to his 1147 shares of stock, which Lytic and Moore took at par, and $10,000 to the mat ter connected with the extension from Moro to Shauiko. Tin- Mmo Shaulko ac count was submitted to arbitration. Ills said that AU. O'ltellly expected to get 34,200 on this account, but a compromise was reaclit'ii at 10,000. The settlement between the litigants was give or take, and the Lytle-Moote people decided to take. If the litigation beween Lytic and O'ltellly had been continued it would have bankrupted the Columbia Southern and all connected with it. In the settle ment O'ltellly gets fair valuation for his Interest. Lytic and Moore have no rea son to complain of their end of the deal, lor they have a good properly. They are progressive men and when the proper time comes they will extend the line Into profitable territory. Oregonl.in. N. C. & O. Railway Checkmated. It Is not known whether the settlement of the Columbia Southern litigation will have any hearing 011 the plans of the Ne vada, Calilorula and Oregon. This com pany's line is completed to Termo, near the Oregon boundary Its next move w ill be towards Lakeview, the seat of Lake county. Had the Columbia Southern been tied up by a receivership, the Nevada, California and Oregon would have hur ried Its road to Pilncvllle and made cen tral Oregon tributary to California. This would have bottled up the Columbia Southern, as It will be many years before central Oregon will be able to support two roads. U. I:. Lytic, president of the Columbia Southern, saw through the de signs of the Nevada, California and Ore gon and realized that if his road was to be of any value to any one either, he must buy O'Hellly's Interest or sell his own to O'Reilly. This was the motive for the settlement of the litigation between Lytic and O'Reilly. Now that the Columbia Southern Is out of court and Is making money, the next move of the Nevada, J California and Oregon Is awaited with Interest. To the railroad world it looks as If the Columbia Southern has checked Mr. Altschul's little game to annex cen tral Oregon, for commercial purposes to San l;ranclcn. Orrgooiau. Grande Rondc Quartz and Placer. Win, Mulr, the veteran miner of the Grande Itnndc quartz and placer group of mines, is enjoying a respite from his labor and spending the time among his friends In La Grande. Mr. Mulr has not been to town since last November. He, with one companion, P. M. Mewalda, has spent the winter doing underground work In his mines. With the exception of one visit from an expert, they have seen no one during (lie winter, but have enjoyed to their hearts' content a "high lone some." The ground, Mr. Mulr states, has been In very poor condition for work ing this winter. Because of the un usually large amount of moisture and the lack of cold weather, the ground Is so soft that It can scarcely be held in position by the timbers of the mines. In fact, the ground seems to be constantly moving and Mr. Mulr, who Is by no means a superficial student of sJence, believes that some geological transformation may be taking place. It Is possible that It Is merely local, but he believes that it ap plies to the entire section. Mr. Mulr says that there Is consldrable snow in the min ing section, and, as the roads are yet bad, he would not have undertaken the jour ney but for the fact that he had an ap pointment to miet some mining promoters at tills place La Grande Chronicle. Sumpter Grocery Compiny Change. J. I:. Alden who, until the first of the month, was a partner in the Sumpter Grocery company, left Monday afternoon for his Union county stock ranch, having retired from business here. M. W. Wheeler, who lias been the other partner, has taken Mr. Alden's interest and will hereafter operate the business. He has secured the temporary services of J. W. Cowdcu to take care of the growing trade. Mr. Alden's family will remain here (or a short time, at least, and as he has various other interests in the vicinity, will be back from time to time. FIRST BANK OF SUMPTER Capital Stock. .$20,000 (II MCI MS J. II. KurMni I'rrtlJtnl J. W. Scilt-rr VIcc-l'rriMrnt K. II. Miller Chler nmiciOKs. I. W. Sf tlher K. II. Mlll CUtkSnJ J. II. ttobblns Tnuisii'ts it Cii'iiornl Hanking mitl tixi'liuuuc llusiiii'.vs GOOD THINGS TO EIAT I -AT E. P. Bergman & Compa'y GROCERS Mill Street, Wood's Building. A Safe Mining Investment! THE CRACKER SUMMIT GOLD MINING COM PANY own eight quartz claims and one placer claim and mill site in the famous Cracker Creek District, adjoining the properties of three of Eastern Oregons heaviest producing mines, namely the Col umbia, E & E and North Pole, and are but three thous and feet from the famous Golconda mine, on the same ledge as the Climax, Ohio, Cyclone and Free Coinage claims. The company owns 4500 feet of this ledge rang ing from 7 to 40 feet in width. The vein has been opened by shafts, tunnels and open cuts for a distance of 2100 feet, showing a pay shoot 160 feet in length and 7 feet wide. A shaft has been sunk on this pay shoot 35 feet in depth, showing that values hold out and increase with depth. Samples taken from this shaft assay from $5.30 to 46.15 per ton and picked samples have assayed as high as 210.78 per ton. 1 he shaft was thoroughly sampled across its entire width of 7 feet, every 5 feet for its entire depth by two reli able experts giving an average of about 10 per ton. Outside of this payshoot the average runs about 5.30 per ton. Beside this ledge the Company has three other ledges on which the assessment work only has been done showing values from 41 cents to 7 per ton. The claims are heavily timbered and well watered, having 4 small streams which flow the year round from the west vein which is a contact between slate and granite, and will furnish power enough for a 10 drill compressor. The formation is the same as all of the large mines in the neighborhood, being a black metamorphic slate; that lying next the foot wall'having the appearance of quartzite. . The development consists of 125 feet of tunnels, over 100 feet of shafts and about 350 feet of open cuts. The ledge can be tapped at a depth of 635 feet rjy a crosscut tunnel 1012 feet in length, the ore can be brought through this tunnel to the mill by gravity, thus saving expensive hoisting and pumping machinery. There is a good substantial blacksmith shop and outfit of tools on the ground and good wagon roads into the property. The officers of the company are James Clark, pres ident; Leon H. Long, vice president; George H. Lins ley, secretary and treasurer and H. W. B. Smith, gen eral manager, the above named gentlemen together with J. C. McFadden, of Walla Walla, form the board of directors. Capitalization 1,000,000 shares, par value 25 cents each, fully paid and non-assessable, with 400,000 shares in the treasury. The first issue of 50,000 shares is offered at 10 cents per share. The price of succeed ing issues will be advanced as development proceeds. Every share of the personal stock is pooled until treas ury stock reaches 50 cents per share, so that treasury stock will not be crowded out by individual offerings of personal stock, thus insuring ample funds for the treasury, every cent of which will be spent to make a producing mine of the Cracker Summit property. All checks and drafts should be made payable to George H. Linsley secretary and treasurer. For pros pectus, reports, references and general information re garding the property address Cracker Summit Gold Mining Co. H. W. B. SMITH, Manager - - Box 170, Sumpter, Oregon Or, GEO. H. LINSLEY, Secretary and Treasurer Room 80, Jamison Block, Spokane, Wash.