Story of a Fortune in a Nutshell in Cobalt Mining Stock
We announce formation of the Indiana Cobalt Silver Mining Company and offer 60 000 shares at thirty cents par, fully paid and non-assessable. Subscriptions payable to Samuel T McHenry, Treasurer. Proceeds to develop the mine. profits cited from similar Ontario ventures and quotations from William Starr Bullock and Sir Wilfrid Laurier. Investments promoted as safe with strong government and scientific backing.
MENTIONED IN THIS ARTICLE
Indiana Cobalt
Board of Directors
Hudson Bay
Cleveland
McKinley & Darrah
Toronto Amalgamated
William Starr Bullock
Ontario
Sir Wilfrid Laurier
Canada
Paris
Cobalt
Fortiern Ontario
Colorado
Nevada
United
Wilfrid Laurier
Dominion
London
Dominion Ceological Survey
Wilfrid Laurie Jr
London Times
la Rose
Nippissing
O'Brien
Clear Lake
Cleveland Cobalt
Coniagres
Drummond
Columbus
MecKinley-Darrah
Nancyelen
Right
Temiskaming
Silver Queen
Buffalo
Wilfrid Lauriers
Cobalt Mines Dividends Highlight Prospectors Riches
The Bureau of Mines notes that many dividend paying Cobalt field mines were owned by a few individuals and entities. The Temisecaming and Hudson Bay Mining Company case shows early profits went to original prospectors or successors. Records up to June 30, 1907 reveal high ore grades with 7,042 to 6,418 ounces per ton and several carloads in 1907 delivering substantial returns.
MENTIONED IN THIS ARTICLE
Bureau of Mines
Aling Company
Kerr Lake Mining Company
Drummond
Inj
Prospector Mines, Ltd
O’brien
Esperanza Silver Bell
Toronto
Temisecaming
Hudson Bay
Toyrag 77 Mining Company
Indiana
Coleman
Lee
Leiloux
Thomas A. Edison
Indiana Gobals Silver Mining Company Ad in Indiana Pa
An advertisement from Indiana Gobals Silver Mining Company of Indiana Pennsylvania promotes limited first allotment stock at 39 cents per share with par value 1.00. It notes 160000 shares in treasury, first allotment not to exceed 60000 shares, and claims second allotment will rise at least 20 percent. The copy touts no mortgage, funds for development, and urges immediate application through broker G A Stricker of Buffalo and Indiana offices.
MENTIONED IN THIS ARTICLE
Rathos
Buffalo Mines
Lmited
Fogter Cobalt Mining Company
ieKinley- Darregh-Savage Mir
Temiec Wing
Hudson Bay Min
Cobalt
Mar
Fediana Cobeit
Boucher Tlea
Treasury
Also Mentioned on This Page
Indiana, PA
Samuel
T. McHenry
Glose
Syeen Cor
Thos
Indiana Gobals Silver Mining Company
G. A. Stricker
Niagara Falls Real Estate
A. L. Wisner & Co
Chicago and
New York Electric Air Line Railroad
Ellicott Square
N.Y
Wehrle Building