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<br />2laa,c. AIrD INUU1tYUF2ATI0H. u ~ w
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<br />_ ~ The ownership of this group of claims is vested in a i ~~?~ I i~
<br />_ large number of different owners, but is now hold under ~a~'~''
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<br />_____ twenty years leases, with drainage agreements, by the Down
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<br />___ ___ Town Mines Company, a corporation under the law of the State - ~ ~
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<br />-____. of Gatorade, having a capital stack of 30000 shares ad
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<br />---- value 10.00 each.
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<br />----- The incorporators of the company are: i Iy~~ i I ~ '
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<br />Chas J. Walker, St. Louie Mo. 7
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<br />" - Jesse F. Mc Donald, Leadville, Colorado. ~rq~ !
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<br />-" - John A. Ewing, Leadville, Colorado. s ~~ ~ i ~~
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<br />The board oP directare consists oP: 1.~~
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<br />C. J. Walker, W.J. Nardin, J. L Goff, C. W. Chamberlain,
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<br />and J. C. C. Waldeck. ~(, ~ ~~ ~~
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<br />The officers of the company are as follows: ~ I ,
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<br />President, J. L. Goff, Chemical Hldg., St. Louis, Mo. ~ iI I11r j•
<br />Vice-President, S.C.C. Waldork, Chemical Bldp.., St. Louie, Mo. ~ 6 I°
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<br />Sec'y & Treasurer, C. J. Walker,Chamical Bldp,., 3t. Louis, Mo.
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<br />General ]+anager, Jeaee F. Mc Donald, •Leadville, Colorado. i,; ~
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<br />Superintendent, Wm. Angus, Leadville, Colorado. I dJ
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<br />The main oPfioe oP the company is at Leadville, 1
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<br />_ Colorado, but a branoh office le maintained in the Ohemf.oel
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<br />building in St. Lauis, Mo. '
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<br />HISl'ORICAL. ±
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<br />Many years ago it was found that many of the wet down 1
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<br />town minds around Leadville, worn in the dams water basin and .i4i ~:
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<br />lent work}np,
<br />that by combining and keeping ona largo pumping P I ~
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<br />against the water in this basin, the opsratore oould save i q
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<br />money over xhat a number oP smaller plants would coat to II
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<br />operate and still keep e11 the manse around the pumping, shaft i I
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<br />unwatered. {
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<br />For a number oP years the mines known ua down town ~ C
<br />minas have not boon xorking owing, to the dullness oP the
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<br />times'-and the oxoeeaive ooat neaesnary to pump the water. ~~ ~,
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<br />Last year Gov.•Josev F. Ma Donald annaaived the idea
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<br />oP again unwatering these properties whioh have produoad rli j~
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<br />millions of dollars and atilt have vast mineral deposits ~
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<br />whioh should now be rsrked at s profit, and to that end i
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