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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (April 28, 1907)
THE OMAHA SUNDAY BEE : APRIL 2. 1007. 1 TVS Incorporated Under the Laws of Nevada Cm vi rr o IWl! I I. (I l t I 1 1 I I 1 I i J '7 I J 250,000 Shares of the Treasury Stock Offered for Subscription at 25 cents Per Share Par Value SI Capital Stock $1,250,000 Non-Assessable 50,000 Shares in the Treasury lor Mine Development. 1,250,000 Shares, Par Value $1.00 750,000 Shares Issued to Acquire the Property. President T. F. DUN A WAY Vice President and General Manager of Nevada, Cali fornia & Oregon Railroad. First Vice President HON. JOHN SPARKS Governor of Nevada. OFFICERS AND DIRECTORS: Second Vice President. . . ; U. S. WEBB Attorney General of California. Treasurer D. B. BOYD For twenty-five years successively Treasurer of Washoe County, Nevada. Secretary EDMUND R. DODGE President of the Sierra Valleys Railroad Company; Gen eral Counsel of Nevada, California & Oregon Railroad. Registrars and Transfer Agents: Nevada Trust Company, R.eno, Nev., and New York Trust Company. Property Owned by the Rich Gulch Wonder Mining Co RICH GULCH LODE Mining Claim. GOLDEN FLEECE LOAD Mining. Claim BUTTERFLY LODE Mining Claim. GOOD HOPE LODE Mining Cltum. PORCUPINE LODE Mining Claim. A compact group. Mineralized area, 95 acres. Main vein 3.000 feet long and from 4 to 20 feet wide. Assays give returns of $7.50 to $404. Situated in Wonder Mining District. Rich GmIcK Vein Unquestionably One of the Strongest in Nevada The following disinterested report on the property owned by the Rich Oulrh Wonder Mining Com pany was mRde by telegraph to T. B. Rickey, President of the State Bank and Trust Company of Carson, Tonopah, Ooldfleld and Manhattan, Nevada, on March 30, 1907, by Wallace MacUregor, the bank's consult ing engineer: , "Have examined Rich Gulch Group. It has one of the widest ledges In the district, trace able the length of one claim and Into a second. A very promising property and worthy of extensive development. Group is five claims and a fraction. Adjoins Colorados where rich ore found. "WALLACE MACQREGOR." Here Is a detailed report of the property by Edward Hoffman, the consulting engineer and mlna manager of the Rich Gulch Wonder Mining Company: WONDER. Nevada, April 4, 1907. To the President and Directors Rich Gulch Wonder Mining Company, Gentlemen: I have examined the Rich Gulch mining property, and beg to submit the follow-. Ing report: The property Is located In the Wondor Mining District, Churchill County, Nevada. The fol lowing mining claims are embraced in the roup: Rich Gulch, Golden Fleece, Porcupine, Good Hope and Butterfly. There are about 95 acres in all. This property is one of the best located in the dls ' trlct, being in the center of the mineral zone. The property carries two strong Quart leads. The main vein can be traced 3,000 feet through the Golden Fleece, Rich Gulcn nnd Porcupine claims. A shaft on the Golden Fleece claim, just commenced. Is eight feet deep and has a good show ing. The ore here carries gold and sil.-e. values of from $8.00 to $22.00 per ton. There are other openings on the vein on the Rich Gulch and Porcupine claims from which As says have been taken that give returns cf fiom $7.50 to $404.00. The main vein as revealed on the surface and In shallow surface cuts varies in viAih from four to twenty feet for the entire dlstaute of 3,000 feet through the property. This vein unquestionably is one of the strongest In the Wonder Mining District. The sti'ike of the vein Is northwest 6U'l southeast, similar to the Btrlke in the vein on tha Sp!der and Wasp and the Nevada Woii-lc, th-? other iwo important properties of the dls.'mt. There has also been opened 'n oi the Rich Gulch property, striking east and wast, a qua z vein which crosses the Rich Gulch and Good Hope claims. Surface essays on this vein give averdo returns of $21.00 per ton. I have examined the properties which neighbor the Rich Gulch, and find that the Golden Won der, adjoining the Rich Gulch on the southeast, Iiub opened up the same vein and is In ore on the sur face that assays $200.00 per ton. On the Colorado group, adjoining the Rich Gulch property on the northwest, there has been opened up a continuation of the Rich Gulch vein, and shipping ore has been disclosed in four places. The Bllly-the-Kid group to the north, owned by the Ruby Wondor Mining Company, has sev eral openings from which they are sacking ore that assays from $200.00 to $600.00 per ton. The proved width and length of the main ledge, on the Rich Gulch group would stamp the property as worthy of the highest development, were the assays only half as flattering as those al ready obtained. Taking the width and length of the ledge. In conjunction with the splendid assays ob tained, showing the presence of large bodies of both milling and shipping ore, I do not hesitate to say that the proporty owned by the Rich Gulch Wonder Mining Company compares at thla time with any mining property in the Wonder Mining District, barring the Nevada Wonder and the Spider and Wasp alone, which are in a much more forward state of development. Acting under Instructions I have engaged a force of twelve miners, and have commenced the development of the property. Respectfully submitted, (Signed) EDWARD HOFFMAN, E. M. Edward Hoffman is a mine manager of twenty years' experience In Utah and Nevada. He has prob ably managed as many dividend paying mining properties as any engineer in the west. 250,000 shares of treasury stock, of the par value of $1.00 are offered for subscription at 25c per share. The funds derived from the sale will be devoted to the development of the property, and a dividend paying mine will be made as quickly as possible. Allotments will be made in order of receipt of subscriptions, which must be paid in lull on delivery of stock. The right is reserved to refuse any subscriptions or to allot any part of the given number sub scribed for, and to CLOSE SUBSCRIPTIONS WITHOUT NOTICE. AppKcations for listing the stock on the leading mining and industrial exchanges of the country will be made at an early date. THE FOLLOWING BANKERS AND BROKERS ARE AUTHORIZED TO RECEIVE SUBSCRIPTIONS: Abbott Bevard, 204 Neville Block, Omaha, Nebraska. BOSTON Z. T. Morrill, 7 Congress St. NEW YORK Catlin & Powell Co., 33 Wall St. Sodon, Cody & Co., Citizens PHILADELPHIA .1. J. Kuthert'ord & Son, Ledger I'uldiug. Catlin & Powell Co., Drexel Bldg. MILWAUKEE Greene Grieb-Sherman Co., Mil waukee National Bank Bldg. Henry Anehester, Pabst Bldg. Orjeu & Smith, Miller Bldg. Wallace II. Hopkins Co., Milw. Nat. Bank Bldg. DAYTON Allen & Eminger. BALTIMORE It. T. Ynrdley, 205 N. Charles St. ST. LOUIS T. II. Forrester & Co., Missouri Trust Bldg. CLEVELAND Sowden, Cody & Co., Citizens Building. Frank ' O. Mitchell, Schofield Building. CINCINNATI C. L. Arzeno & Co.,, Thome Bldg. A. E. Catchell & Co., Johnson Building. WASHINGTON, D. C - Catlin & Powell Co., Maryland Building. CHICAGO B. II. Scheftels & Co., 122 Monroe Street. Donald A. Campbell & Co., Stock Exchange Bldg. Mark T. Leonard & Co., Stock Ex change Bldg. "Wallace X. Hopkins Co., 181 La Salle St. I). M. Bell & Co., 145 LaSallo St. W. K. Graham, 261 E. C6th St. TONOPAH J. W. Skelton & Co. ST. PAUL Ii. B. Iligbee, Germania Life Bldg. KANSAS CITY Philip liacine, 702 Long Bid-. OGDEN Interstate Brok'ge Co. SALT LAKE CITY Sheets & Xeel, Walker Bank Bldg. RENO Xevada Trust So. A. Hampel Brokerage Co. W. L. Cox & Co. GOLD FIELD It. L. Colburn & Co. WONDER J. C. Itoyle & Co. SAN FRANCISCO W. C. Cox & Co., Monadnock Bldg. LOS ANGELES C. L. Arzeno & Co., Thome Bldg. II. S. Woolner & Co., 4 IS South Broadway. Edw. MacDermott, 114 South Broadway. SACRAMENTO Western Realty and Bkge. Co., 91G Seventh St. HONOLULU M. O. K. Hopkins.