The Sumpter miner. (Sumpter, Or.) 1899-1905, February 18, 1903, Page 11, Image 11

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    Wednesday, February 18, 1903
THE SUMP1ER MINER
A MINE THAT YOU
KNOW
I AM OFFERING STOCK IN THE
GOLCONDA CONSOLIDATED
GOLD MINES COJMPANY
To raise sufficient funds to make certain additions to the present
equipment of that admirable property. Briefly, it is proposed to do
the following werk:
1st. Install a new dep sinking hoisting plant;
2nd. Increase the stamp mill and reduction facilities;
3rd, Increase the water power to handle the" new reduction
plant, and also to furnish sufficient electric light, etc., and electric
power to run the drills, hoisting plant, etc.
4th. Put in a large cyanide plant.
5th. Do about five thousand feet more of underground work
ings, etc.
To do this work as it should be done, will require an expendi
ture of several hundred thousands of dollars, and the sale of stock,
which has been authorized by the Board of Directors, is to provide
the necessary funds, and for no other purpose. The merits of the
Golconda mine as a producing property are so well known AT
HOME, that it will be unnecessary for me to dwell on them. How
ever, I have prepared a
32 PAGE PROSPECTUS
. Illustrated, which gives full and complete particulars of mine and
management, and
I WANT TO SEND YOU ONE
If you are looking for an investment, the character of which is un
questioned. The stock is fully paid, non-assessable and carrjes no personal
liability to the purchaser.
Already the order for the hoisting plant has been' placed.
The sales to date justify me in predicting that (he entire issue
will be taken in short order.
As improvements are added the prices will be advanced so,
my advice would be to be prompt in making application if you are
to buy at present prices.
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OFFICES IN
MILWAUKEE, ST LOUIS, PITTSBURG
BOSTON
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LEE S. OVITT
MAIN OFFICE
SUITE 300-332, MERRILL BUILDING
MILWAUKEE, WIS.
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