MINEBK00726

• County: Clear Creek
• Document: Manager
• Suffix: A

~'•` PRESIDENTS' OPENING STATEMENT
Ind
8vC
`'en In calling this meeting to order, i wish to express our
gratification at the presence of so many of our stockhold-
ers. :\s the majority live in Ohio, attending this meeting
re- necessitates a long journey and the expenditure of amsid-
hat enable time and money. Hence \ve appreciate your cony
'eP- iug. "Cl\e only \vay for any corporation or company to
attain the highest success is through the concerted action
by. of its indivichlal members. The way for us to be most
gib Y.;. helpful to our Company and secure the earliest and great-

~,
on-
est financial returns for ourselves is to visit the mine.

tnd C! study Che siritation, familiarize ourselves with the minim
methods of the district, tlwruug~hly investigate what is
'et- being done and the reasons for doing it, then we are in a
l position to malce valuable suggestions to the management.
lis- ''
for wC l:no\v something Fvhereof \ve speak, and \ve can
1~. discuss plans and all wort: together for our o\an best in-
~ert
;crests.
ale The policy of the management has been to so conduct
red
' affairs that eventually \ve may have a permanent dividend
es- F'- payiug~ property. \\/ith this end in vie\v u•e hace added
lis- to our original holdings until ~\ve now o\vn a fine mill site
and ample clumping ground, fourteen claims, comprising
over seventy-five acres of highly mineralized land. and \ve
ted ~ have expended some $Cj,ooo in the purchase and patent-
I~ ing of. claims, the erection of a first-class plant of machin-
L~ cry, and the development of the property.
`°~ Om- plan is to drive a straight drainage and Crans-

' port\tion tunnel of sufficient dimensions to accommodate
~ the output of all future development through the apex of
Chicago mountain, where \ve will attain a vertical depth
' of over qoo feet, and encounter the very rich veins which
within the past year have made the Newton famous, thus
opening up the whole mountain and giving us a eery lal;ge