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 thewhole Rocky Mountain system, we must say in the first placethat the old Spanish and Mexican land grant controversieshave greatly retarded the development of large tracts of the richestmineral lands throughout New Mexico, particularly in TaosCounty; but the United States court of private land claims and theUnited States supreme court have finally passed upon the validityof practically all these grants, and this has recently thrown opensome very rich fields. Among these is the Rio Hondo district inTaos County.
This district contains, without any exaggeration, almost inexhaustiblebodies of good paying gold, silver and copper ore.In the year 1680 these same Taos mountains gave up millions ingold and silver to the Spaniards, although worked by the crudestpossible methods; and now, after lying idle for hundreds of yearsthey are again about to give up their treasures to a few lucky corporationswho have secured property in this vicinity. The RioHondo District is situated about the center of the county, a fewmiles north of the quaint old Mexican town of Taos, the countyseat. Plenty of mining timber and streams of the clearest watermake this an ideal place for reduction plants and the economichandling of ores.
In speaking of mining, many people think of a mining propositionas a gamble. True it is, that the unscrupulous promoterhas been too much in evidence, and it is not surprising thatan intelligent public is inclined to look with suspicion at even thelegitimate mining enterprise. Mining when conducted along businesslines, is just as legitimate and far more profitable than anyother e