|
From
the Monroe County Appeal Oct. 22, 1897
The
Yukon Dredges
Important
Meeting of the Monroe County Capitalists Interested In
Dredging the Yukon for Gold
An
enthusiastic meeting of the Monroe county members of
the Missouri and Alaska Gold Mining, Trading and
Transportation Co. was held in the office of Dr. Wm.
Allen in Paris last Thursday afternoon. The company as
at present constituted is composed of 25 gentlemen,
each one of whom takes $1000 worth of stock. The
$25,000 thus raised will be invested in a specially
built steam ship capable of dredging and sifting 1000
cubic yards of sand per day, or which can be speedily
converted into a freight transport capable of dredging
and sifting 1000 cubic yards of sand per day, or which
can be speedily converted into a freight transport
capable of carrying 130 tons at a speed of ten miles
an hour. Plans and drawings of the boat were examined
at Thursdays meeting and by the time this reaches our
readers a contract for its construction will probably
have been let. She is to be built at Seattle and
delivered to the company at St. Michaels early in the
spring. The boat when loaded draws only three and a
half feet of water. She will be able to make the trip
to Dawson City when the Yukon is at its lowest stage
and should the sands of the river fail to yield gold
in paying quantities a few trips of the boat as a
freighter would pay for it, as the freight rates up
there are fearful high.
The
company, however, does not propose to depend on
dredging alone. A big stock of merchandise will be
taken along, also a well equipped saw mill.
The
boat the company is figuring on will cost about
$12,000.
Among
the monroe county men interested in the project are
Phil Queenbury, Henry Wright, John D. Power and ----
McKinney, of South Fork; G. P. Grimes and Gus Hackert,
Madison; O. H. Snell, Middle Grove; T. Guy Mitchell,
D. M. Fields, T. G. Bassett, Dr. Wm. Allen. R. O.
Osborn, W. A. Eubank. Jas B. Davis, Frank Ragdale,
Chris Huark and Tom Murphey, Paris.
These
men are in dead earnest. Unless something happens to
discourage them the capital stock will have been all
paid in and articles of incorporation filed with the
Secretary of State within another week. According to
the articles of agreement of each of the twenty-five
stockholders contracts to either accompany the
expedition in person or furnish a substitue. No
salaries will be paid as the members prepose to
furnish the capital the the muscle for the enterprise.
Later
-- the company met at Meberly, Wednesday, and
organized by electing Dr. Dewey president, Henry
Wright vice-president, T. G. Bassett treasurer, Dr.
Wm. Allen secretary. Nineteen men signed the articles
of agreement and deposited 10 percent of the $1000
subscribed by each. Among those who signed were R. O.
Osborn, Dr. Wm. Allen, T. G. Bassett, T. G. Michell,
Thos, Murphy, Dennis Fields, O. H. Snell, Chris Buerk,
Abe Hill, G. P. Grimes, Phil Quisenbury, John D. Power
and Henry Wright. Each man agrees to go with the
expedition or send a substitute. Henry Lee Soubee and
John McClintic will go for Phil Quisenbury and John D.
Power and Jim Fisher will go for T. Guy Michell. |
