and between the great Potosi and Copper Chief Mines south from Goldfields and Bullfrog Districts with connecting claims the entire distance. Another group of five claims belonging to the Tri-State is situated about ten miles north from Kingman, Arizona, in Mojave County, near Stockton Hills, where the great producers, known as the Banner and Treasure Hills Mines, are located, and are connected by adjoining claims that promise just as satisfactory results as their better developed neighbors. Between the Tri-State group of claims on the west side of the Colorado River and their group on the east side of Stockton Hills is the most celebrated group of the district, the Gold Roads Mines, which are producing and shipping $50,000 per month regularly. It was gold from this wonderfully rich property that set the visitors in Los Angeles wild during the Shriners' visit a few months ago. Just east the United Verde at Jerome, Arizona, offers an example of the value of a mine in this mineral zone when fully developed. It is doubtful if $500,000,000 would be accepted for this one property. Other claims of great promise and value in these districts are the Gold Cone, Moonlight, Delaip and Gold Basin, south of Goffs, California, where the Tri-State has nine claims, two miles south of the farfamed Turtle Dove group of gold claims, are linked together by the Keyes and Banta Mines. Properties of the Tri-State being centrally located in the midst of this great mineral zone and bound on all sides for miles with rich producers are located among the best properties in the entire country. A very important feature of the plans of the Tri-State Development Company will be the locating, the partial development and sale of properties. This is essentially the work of exploration companies, and the sale of a single claim often affords profit enough to reimburse the shareholders in one dividend, all they expended originally for their shares. The properties of the Tri-State Development Company are in one of the richest mineralized sections on the globe. Within sight of the TriState property, known as the Patsy Pat group, is the Tom Reed Mine, which recently sold for $2,000,000 to interests represented by John Hays Hammond. Shrewd, successful merchants do not embark in mining ventures nowadays until they have assured themselves by expert advice beyond any doubt that their ventures shall be profitable, hence before Mr. Green and his associates paid over their money for the properties owned by the Tri-State Company they sent Mr. George C. Harrison, of New York, to visit the properties and make report thereon. Mr. Harrison discovered 26 veins of exceedingly rich free milling ore, much of it assaying $30 in gold and from 10 per cent. to 35 per cent. copper. The extent of this vein matter is fully revealed in Mr. Harrison's report to the directors. The opportunity for extraordinary profits is offered exclusively to the readers of this magazine. Fifty dollars may be invested in the shares of this company. This opportunity comes at a time when mining investment is once more engaging the attention of the better class of the speculative masses by virtue of the steady outpouring of profits. from American mines. The following figures are significant: The Mining World says: "One hundred and nine American minesduring the first ten months of the year paid their shareholders $52,850,110. Of this amount the Amalgamated disbursed $3,077,757.” These figures are eloquent facts. There is absolutely no other industry, no other investment that rivals the possibility of mining when conducted with a proper regard for clean and honest methods and when in the hands of capable men who shall apply industrial economics in winning the metal from the ore deposits they own. When a mining and exploration company is organized by men of the type of Mr. William Lawrence Green and Mr. A. Bleecker Banks, there is every evidence of sincerity and ultimate success attending their operations, and all those who are permitted to join in such an enterprise have more than an average chance of making an amount of profit out of all proportion to the amount invested. Mr. Green and his associates in the Tri-State Development Company permit you to join them upon the exceedingly liberal terms they mention to test the writer's theory that the readers of this magazine are financially able, and indeed eager to purchase all the treasury shares of the new company, first at 20 cents, then at 35 cents, and then at par. I believed that Mr. Banks could thus widely distribute the shares of his company without publicly advertising, and I told him so, and my proposition was accepted after it had been passed upon by the Board of Directors. But Mr. Green's offer must be accepted quickly, else the opportunity to secure $1.00 shares for 20 cents will be canceled. You should notify Mr. Green to-day that you will accept his offer, provided, of course, you desire to. Address your letter to Mr. Wm. Lawrence Green, President, Tri-State Development Company, 32 Broadway, New York City. You need not limit your investment to $200. Mr. Green will permit you to secure a $300 or a $500 investment in his enterprise, but not more than $500 will be accepted from any one reader of this magazine, as it is Mr. Green's desire to have the shares of his company very widely distributed. Remember this, even a $100 investment in mining shares possesses great possibilities for profit; such a venture may make you rich. Such things are numerous in mining history. One hundred dollars invested a few years ago in gold coin stock at 20 cents increased to $7,500 and paid 4,800 per cent. in profits. Home Mining Company paid $10,000 in profits for every $100 investment, and every $100 invested in Copper Queen has earned over $3,000 in dividends, and the company pays millions in profits every year. The Bonanza Mine of East Oregon was sold in 1896 for $100. In 1902 a 60 per cent. interest in this same property was sold by the exploration company who had bought it for $2,000,000 cash. The Independence Mine of Cripple Creek, a mere prospect in 1891, has paid about $30,000 in profits for every $100 originally invested in the shares when they were selling at 20 cents. The original shareholders of the Camp Bird Mine realized $8,500 for every $100 they expended. And so the long list goes on and on. Of course every one who reads of wealth quickly made by this or that man by fortunate investment in some mining or exploration company, wishes that some such opportunity would present itself to him. He perhaps sees offered to the public the shares of mining companies actively traded in on the New York Curb. He halts between his desire for quick gain and profits and his doubts about the prudence of speculating in mines, and finally resolving to take a flyer, he buys the stock that seems to be the most active, or the one backed by the most extravagant promises, either of which is likely to be the most worthless of all. He is probably perfectly unfamiliar with mining and the tricks of promoters and curb brokers, and simply goes it blind. And when his speculation proves disastrous he wrongly thinks he has lost money in mining. Still real mining or the selling of partially developed mines is the most profitable industry in America to-day, and for capital invested it pays a far greater percentage of returns than any other industry. The time to invest in mining is when a company is in its infancy. Then the investor obtains all the benefit of the rise in the prices of the shares that generally occurs when a mine is managed by competent and responsible men. Now again. Two hundred dollars obtains a $1,000 interest in the Tri-State Development Company. Suppose you hold your investment for two or three years? Suppose the Tri-State Company meets with ordinary success and has distributed profits to the shareholders aggregating $1,000 for every $200 invested? Would such earnings on your investment be satisfactory? I take it that they would. Still such percentage of profit is not only usual in well conducted mining com Bad panies, but it would be unusual if this amount should not be distributed within two or three years after the formation of a company officered and protected by such men as form the directorate of the TriState Development Company. But, you say, even acknowledging that Mr. Green and his associates are earnest, responsible, pushing business men, how do I know that my investment will turn our satisfactorily? Frankly, you do not know. But given a fair field for operations, a proven property and an able management by men of large affairs in other pursuits, and who have amply endowed their enterprise with their own funds-an interest in such a company is more than likely to succeed and to pay in profits an amount far outclassing any expenditure made at the initial stage. Tell Mr. Green to reserve for you as much of an interest in his company as you may afford to take, or you may ask him to send you Mr. Harrison's report and a prospectus of the Tri-State Development Company. Although a very busy man, Mr. Green will find time to answer your letter personally if you desire to ask him questions, or prefer to pay for shares by remittances covering a space of six or twelve months. If it is possible for you to visit Mr. Green by appointment at his office, you will find doubtless such a visit profitable and instructive, for Mr. Green, aside from being a business man and merchant, has large interests in the mining world, and converses with rare intelligence with his visitors upon mining topics. CABLE "STEBENTURE NEW YORK" CODE USED: ABC (5TH EDITION) TEL. 2280 STUYVESANT STERLING DEBENTURE CORPORATION BANK AND TRUST COMPANY STOCKS-INVESTMENT SECURITIES TO AVOID POSSIBLE DELAYS ALL COMMUNICATIONS TO INDIVIDUAL MEMBERS. 133 EAST 16th ST., NEW YORK February 19, 1912. MR. JOHN New York, N. Y. Dear Sir: The enclosed Referendum is being mailed to every shareholder of the Bartica Company, and is practically sure to result in the withdrawal of the Company's present offer of shares with Convertibles. As all whose subscriptions are registered before the present offer is withdrawn will receive Convertibles with their shares, and will also be entitled to a vote in this referendum and the right of first call on a pro rata portion of each yearly bond issue, we are sending the enclosed documents to those of our clients who, in our judgment, will be glad to take this opportunity to claim the special benefits vouchsafed to the original shareholders in this remarkable plantation enterprise. Attached to the Referendum Form is a special blank for your convenience in applying for shares. This application when registered entitles you to vote in the Referendum. We suggest, therefore, that you fill out the Referendum Form at the same time and forward [it] to us so that your vote may be recorded simultaneously with your application. Whatever opinion one may hold regarding political Referendums there can be no doubt that in the relationship between a Company and its shareholders the idea is as commendable as it is unusual. It is a practical recognition of the intimate relations which should exist between shareholders and Directors in all corporate bodies. It is an example of what should be, and a forerunner of what soon will be the basis of all corporations whose officers recognize their true obligations to the investing public. Whichever way the vote may go, every shareholder has cause for congratulation on the fact that the Bartica Company has passed through, with such credit to its management, the difficulties that always confront a new enterprise of this nature, and is now entering on a new era in full possession of the excellent results which have been wrought out by that management-a record that cannot be surpassed |