Laserfiche WebLink
s::~ ca Cc :c^.nec.l ~ir~~J <br />. c '.. i.,c.• J <br />[a2::r:J C. . I..a. <br />~ F;.~~ t:::.:.__.._. <br />~~ pp~~ ---..~ ..~y <br />of~tLl~L_ .._ _ .----- Igor <br />_ ..__ _ , <br />t :.:.:.:: , •:. , <br />ANNUAL REPORT <br />OP <br />TxE ~ <br />$UTTERFLY-'T'ERRIBLE GOLD 1VlINING <br />COMPANY <br />~~~ ~~ <br />FOR THE YEAR 1 9 O O <br />Mnrcll 10, 1001. <br />TO :IIti S'IanEllaLDE149 OF <br />TIIE BD7•CEEFLI•-TE1titInLE GOLD 1>IININ6 C03IFANT. <br />CenNeu+en: I submit berovvitb reports of the Secretary, Treasurer, and Ganernl ~llnnngar for the past year, j <br />Icbicb explain tally tbo financial condition and opolntions nt tba miuo. <br />Frequent reports hnvo formerly been sent out by tlm otHcors of tbo Compnoy porsonnlly, but berent'tar the j <br />Company )vill fltrnisb reports quarterly, at tbo enma limo dividend checks nro scut out. I ~ <br />Thu splandid condition of tbo tnine justifies tbo manna meet in axpectino to increasa tbo present dividend <br />mte nt nn avly date, and to maintain tba increnso ranulnrly theranftor. D definita announcement in regard to <br />this will ba much ns soon as poesiblo. Tbo miuo bas Hover looked ns wall ne it does to•dny, and vvitb tbo now ~~ <br />ore bodies opened up vt•ittlin tbo past month, feu expect that both tbo production and profits for tba coming <br />I:. i <br />Bear will be far in excess of tbo ono just closed. Respectfully submitted, ;;b~ <br />CALVIN BULLOCI:, Prcvide)+t. y <br />REPORT OF GENERAL 1ViANAGER <br />i` <br />DENVSa, cal,o., iltarah 1G, I~ol. <br />TO DIE pil F_YInEYT AND DlaECrann OP <br />TILE DUTTERFLI•-TERI[InLt: GOLD j<IININO Caa1PA NY. '/' <br />Gentlemen: I hnod you herewith n report a[ the operutiona of the Company for the fiscal year ondiag illnrc6 19, 1G01. d~, <br />Prdiminaq• to my report, I wish to make n etntemoot o[ conditions at the mind at the limo the property coma into the <br />posscasioo of thin Company. <br />While negotintione worn under way, and nftor the limo that I rondo my ozomination and sport on the property, the then <br />oancra started in to gouge tbo wino, that ie, to work the high grndo bodice of oro along, and Ic[t tbo low grndo bodice atnnding in <br />the elopes; and ulna, tbo repairs on the mill worn neglected, and I found lho tramway, us wall ae ovorything about the mina and <br />, <br />mill,in vary bud ropuir. In consequence of this, it took ue tour months to gat the mina and mill in proper condition for tbo ' "~ <br />mining and extraction of oro at a profit, but einco the Prat four moothe fro hnvo worked nt a nice profit ovary month, and I nm h <br />glad to etnto that the mina never was in better condition than at the present Limo. Tho oro bodies hnvo improved in size, the oro <br />ehwts hnrc lengthened, and tbo grndo of oro ie vary much higher. <br />P1;R~[dN);A'T );2UIP~1[I:NT. <br />Since tnkiag poseeseion of the property wo hnvo put into parmnnont equipment &7 Y~1G.17. This hoe beoD principally for <br />eleclricnl machinery-that ie, for n goaorntor and a motor. Ne aspect tD install thin mnchiaory within tbo Dozt oinoty days, <br />ae it ie our intootion to light all the working tuanole of the miuo in thin way, ae wall ne to Ilrivo olnctric drills for the <br />derelepment o[ the property. Wa hnvo oleo installed a amnll genorntor for the lighting o[ the mill and ofQce buildings, which <br />has bcca a grc¢t eaviag in the lighting ezpenso. <br />~: <br />I <br />„• <br />;'' <br />. Gi <br />`~ <br />