Christian Grubemout, Eliakim Uptosnuff, J. Drawitwell, T. Crispin and John Smith, the original incorporators of the Company, after regaling themselves, proceeded to the election of officers, and knowing that in the goodly city of Philadelphia there were a number of persons by the names of Jones, Brown and Green, and not a few Sharps and Flats, they, in order to avoid giving offence, placed in a hat the whole of the names, as above, found in the _Directory_, (significant of the office they were to hold,) and drew the following first three names, A. Jones, B. Flat, C. Green, _directing_ them to supply vacancies, and to fill additions to the number of five; adding in the meanwhile the names of the first two corporators, as _ex-officio_ directors, to conduct silently the operations of the mines, and to enlighten the others as to the true plan of working copper-mines profitably and efficiently. (Signed) C. GRUBEMOUT, _Pres’t._ E. UPTOSNUFF, _Sec’ry._ * * * * * The cleverness and explicitness of the whole transaction showed that it had _been done_ neatly; and the Directors with singular unanimity felt themselves included in the operation. There can be no doubt that Grubemout and Uptosnuff are among the “placers” in California. The one being undeniably the man who sold the two barrels of brandy, by installments of a thimblefull at a time, for $14,000—the other, with positive certainty, we aver to have been the man who “confidentially” communicated the following _item_ to the newspaper press, and he must have been there to have seen it: * * * * * “_The Biggest Lump Yet?_—The following is about the latest news from the gold diggins that we have seen recorded in the ‘papers:’ A runaway soldier is said to have discovered a lump or a rock of gold that weighed 889 pounds and 11½ ounces; he was afraid to leave it, and mounted guard upon it, and at the latest dates he had sat there 17 days; had offered $27,000 for a plate of pork and beans, but had been indignantly refused, and laughed at for the niggardliness of his offer, by parties going further on, where this article was said to be _more abundant_!” * * * * * Jones is among the lame ducks, and pretty roughly plucked at that. But he still avers that if the furnaces had only paid a good price for the ore at the outset, or Wilkins had only helped him to sustain the market when he asked him, he should have been the master of a pretty snug little fortune. If he only had it _now_, he would charter a steamer, and take his own freight and passengers for the gold mines.