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Newspaper
Wallace Miner
Location
Wallace, Idaho, United States of America
Date
Aug 03, 1922
Page
5
The Zinc Roofing case outlines zinc as a durable, affordable roofing option popular in Europe and gaining traction in the United States with proper expansion and contraction handling. It urges education to boost adoption and cites zinc’s use in Europe’s palaces, churches, hospitals, and private homes as proof of its value, urging readers to test zinc under weather conditions.
Postponement of delinquent stock meeting for Tarbox Mining Company by board resolution from August 1 to August 1 1922 at the same hour and place. Treasurer address listed as Shoshone Building Wallace Idaho. Ad 10 21.
Notice from the Office of the Pioneer Mining Company Limited in Wallace Idaho dated July 28 1922 states that an assessment action is to be taken.
The Vatican appoints its first woman papal housekeeper as Pope Pius XI brings his mother's former maid to the Holy See. Cardinals protest as the historic choice aims to set a precedent for successors. Separately, the text notes 6,000,000 children born annually in China.
Notice to delinquent stock holders regarding an assessment of two mills per share levied April 11, 1922, with amounts specified opposite each shareholder in Wallace Idaho. The notice is dated July 1, 1922 and lists delinquent descriptions of stock.
The case outlines extensive mining operations and costs at the Tarbox property. It details shafts, winzes, raises, crosscuts, drifts, wagon road, surface and underground equipment, and buildings, all rebuilt after the 1910 forest fire. Amounts spent and realized from assessments and treasury stock are itemized, with emphasis on development versus permanent improvements.
A special meeting of the board on July 29 1923 levied a two mill assessment on the outstanding capital stock, payable by August 20 1923 to Herman Marquardt secretary treasurer at 405 Sixth Street Wallace Idaho. Any stock unpaid by August 30 1922 will be delinquent and advertised for public sale and, if not paid, sold on September 30 1922 to cover the delinquent assessment and sale costs.
A long list of mining companies in Coeur d Alene area levied assessments on varied dates from May to July with multiple mills or cents payable to treasurers in Wallace Kellogg Mullan or Coeur d Alene. Delinquent sales scheduled through August and September with several items postponed.
Special meetings set in Spokane and Wallace to elect directors amend articles and move offices. Placer Creek Silver Lead Mining will gather August 4 at 8:00 p.m. in the Chamber of Commerce with F. C. Halley as secretary. West Bell Mining meets August 7 at 10:00 a.m. in the Gyde Taylor Building to discuss further development, secretary E. H. Pattison notes.
The table shows daily quotations for silver lead zinc and copper used in smelter settlement. Based on Prime Western brands and New York and St Louis cash basis, with copper delivered to buyer and freight paid by seller. Quotations list precious metal cents per ounce and base metals cents per pound, including variations across brands and goods.
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