The American Consolidated Mines Company (1903)American Consolidated Mines Company
History
The American Consolidated Mines Company (1903)
American Consolidated Mines Company
American Consolidated Mines Company; Mines and mineral resources -- New Mexico -- Taos County; Prospectuses
The
American
Consolidated
Mines
Company
Illustrated
MINES IN THE
Rio Hondo District,
Taos Co., New Mexico
_THE AMERICAN CONSOLIDATED MINES COMPANY_
_Incorporated Under the Laws of New Mexico._
_3,000,000 Shares. Par Value One Cent._
_To Avoid Excessive Taxation._
_All Stock Non-Assessable._
_Stockholders have no Future Liabilities._
_The Company has no Debts._
_AT ORGANIZATION
TREASURY STOCK, 1,500,000 SHARES.
CASH IN TREASURY, $2,000.00_
_JANUARY 1, 1903,_
_Stock in Treasury, — 1,300,000 Shares_
_Cash in Treasury — $11,866.82_
_OFFICERS AND DIRECTORS:_
_J. SHUMAKER,_ _President_
_O. H. STANLEY,_ _Vice-President and General Manager_
_C. D. WEIMER,_ _Secretary and Treasurer_
_C. P. CAMPBELL and MARTIN WEIMER_
_EASTERN OFFICE:_
_MINERVA, OHIO._
_WESTERN OFFICES:_
_Colorado Springs, Colo., and Taos, New Mexico._
Introductory.
In calling your attention to one of the richest districts in the whole
Rocky Mountain system, we must say in the first place that the old
Spanish and Mexican land grant controversies have greatly retarded the
development of large tracts of the richest mineral lands throughout New
Mexico, particularly in Taos County; but the United States court of
private land claims and the United States supreme court have finally
passed upon the validity of practically all these grants, and this has
recently thrown open some very rich fields. Among these is the Rio Hondo
district in Taos County.
This district contains, without any exaggeration, almost inexhaustible
bodies of good paying gold, silver and copper ore. In the year 1680
these same Taos mountains gave up millions in gold and silver to the
Spaniards, although worked by the crudest possible methods; and now,
after lying idle for hundreds of years they are again about to give up
their treasures to a few lucky corporations who have secured property in
this vicinity. The Rio Hondo District is situated about the center of
the county, a few miles north of the quaint old Mexican town of Taos,
the county seat. Plenty of mining timber and streams of the clearest
water make this an ideal place for reduction plants and the economic
handling of ores.
Public-domain text, read in full here on John Shaqi.
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