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Newspaper
Wallace Miner
Location
Wallace, Idaho, United States of America
Date
May 24, 1923
Page
5
The Idaho gasoline tax of two cents per gallon went into effect April 1. Through April receipts total $19,207 from 28 dealers, with 70 dealers still to report. April sales reached 970,889 gallons, largely driven by Continental Oil. Officials expect annual highway funds near $25,000 to $30,000 based on April and May data.
Fred Engstrom recalls a 1907 meteor sighting near Marble Creek Idaho and a subsequent small forest fire of about 10 acres on Miles Ridge. He notes swift lumbering in the white pine forest and proposes digging for the meteor to create a local museum. Engstrom signs as a Marble Creek settler to Editor Wallace Miner.
The annual Idaho School of Mines senior mining tour led by Dr. F. B. Laney and Mr. Marshall has visited the Armstead mine at Telache near Sandpoint and the Idaho Gold and Ruby placer near Bonners Ferry. Participants include Sig Sampson, Lynn Hersey, Walter McCloud, Stanley Selgius, Birchley Sargeant, and A F P Anderson. They head to Kellogg to inspect the Bunker Hill mine and mills, then proceed to Wallace to tour mines in the area.
David A. Smith a Mis soula druggist and among the large stockholders attended the annual meeting of Ray-Jefferson Mining company held in this city last Monday. Attendance indicated continued interest in the venture and stockholder turnout was noted by officials.
Notices sent by John H. Wourms, president, announce the annual meeting of Stanley Consolidated Mining and Milling Company. The stockholders will gather at the Exchange National Bank building in Spokane at 2:00 PM on Tuesday June 12.
A short public notice promotes voting for bonds claiming 678000 total funds with 378000 from government sources and 300000 from county sources, urging support with a pledge of no tax increase. The terse message frames the issue as a benefit transfer to public projects.
In Shoshone County Idaho probate notices announce a creditor claim deadline for the A L Furber estate with four months to present claims to Administrator John Lucas at the county treasurer’s office Wallace Idaho. A separate notice calls a special bond election June 19 1923 to authorize $300000 in negotiable bonds for highway work on the North Pacific Yellowstone Trail route, with bids to be published after 20 days and bonds redeemable after five years, dated July 1 1923.
Notice shows a three mills per share assessment levied by the Wall Street Mining Company board on May 17 1923. Delinquent shares after June 16 1925 will be sold at public auction to cover the assessment and costs. payment to secretary treasurer C Fred Kramer at 519 Waverly Place Spokane Washington. sale to occur July 71 at the Gyde Taylor building Wallace Idaho.
The Slavonian Mining Company of Wallace Idaho calls a special board meeting for May 12 1923 at 505 Cedar Street Wallace Idaho An assessment of two mills per share is levied on outstanding capital stock payable to G W Dougherty secretary treasurer at 503 Cedar Street Wallace Idaho. Unpaid stock by June 11 1923 becomes delinquent.
Notice announces annual stockholders meeting for Slavonian Mining Company at 506 Cedar Street Wallace Idaho on a July date in 1923 with 7 00 p m start to pay delinquent assessments and cover advertising and sale costs. Secretary-Treasurer G W Dougherty of Wallace Idaho also notes another notice for St Louis Idaho Mining Milling Company meeting in Rossi Insurance Building Wallace Idaho on June 26 1928 at 4 00 p m to elect a board of directors for the ensuing year and address other business.
Notice is hereby given that the Pearson Mining Company will hold its annual meeting at Room No 7 Shoshone Building Wallace Idaho on Sunday in June 1923 at 7 80 o clock in the afternoon. The meeting will elect a board of directors for the ensuing year and vote on approval and ratification of all purchases contracts acts and proceedings of the board and its executive committee since the last meeting.
A long list of mining companies in Coeur d Alene and Kellogg area levied taxes from 1 to several mills with due dates from April to June and delinquent sale dates through July. Several firms, including Alma Ray, Ajax, Bullion, Big It, Benton, Carbonate, Clear Grit, Eagle Mountain, Enterprise, Equitable, Hamburg American, Lockout Mountain, Oreane, Rhode Island, Rockford, Silver Mountain, Silver Dale, Silver Eagle, Silver Moon, Square Deal, Tyler, Torino, Verde May, Wisconsin, Western Metallurgical, and Wonder of Pine Creek, show delinquent sales or postponements. some with specific addresses, treasurers, and payment deadlines.
A series of stockholders meetings is slated across Wallace Kellogg and nearby towns. Special meetings include Bullion Mining Co in Wallace May 5 to vote on doubling capital stock to 3,000,000 shares and National Lead Mining Co in Wallace June 2 to elect a director. Numerous annual meetings are set for June 4 to June 6 at various local venues with multiple secretaries and officers named.
The table shows daily quotations for silver, lead, zinc and copper as per the Engineering and Mining Journal. Figures are price in cents per ounce for silver and per pound for others, based on New York and St Louis cash. Copper is delivered and includes seller freight to destination.
The document outlines a board meeting covering discussion and voting on future property development, company scope and policy, financing methods, and officer reports. It notes stock transfer books close May 28, 1923, and is signed by Secretary-Treasurer John F. Ferguson in Wallace Idaho, dated May 22, 1923.
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