24 
NORTH SHORE BREEZE 
ENTERTAINED STOCKHOLDERS. 
Banquet Given Gold Mine Investors in Beverly.22Party Which Recently Visited 
The F. W. Bernard Co. of Beverly ten- 
dered a reception to their friends and 
patrons last week at Mechanics hall, 
Rogers block, which was largely attended, 
nearly 200 persons being present, repre- 
senting many of the cities and towns in 
Essex county, quite a number being pres- 
ent.from this city. The gathering was 
called principally to hear the report of the 
members of the party who inspected the 
mines afew weeks ago, and incidentally 
to exchange congratulations on the ex- 
cellent showing made by the companies in 
which the Bernard Co. are interested. 
The offices of the company in the Rogers 
building were open during the afternoon, 
and previous to the banquet the visitors 
were shown specimens of the output of the 
mines as found by the party, among them 
being one piece of ore which is estimated 
to contain gold amounting tu $1500, also a 
button taken from a single panful of grav- 
el, which is worth $8. 
It had been planned to have the banquet 
precede the speech making, but on ac- 
count of some delay on the part of the 
caterers, the order was reversed, and the 
“large party which nearly filled Mechanics 
hall listened interestedly for over an hour, 
despite the extreme heat, to what the dif- 
ferent members of the party saw on the 
trip, especially as regards the La Rita, 
Bay State and Essex mining properties. 
Whitaker’s orchestra of Beverly was pres- 
ent during the evening and enlivened the 
occasion with some excellent music. 
Mr. Frank W. Bernard called the assem- 
blage to order shortly after 7.30 o’clock, 
and spoke of the pleasure it gave him to 
see so many present. Of course all realized 
that in addition to the social part, the 
gathering was a business proposition as all 
were desirous of hearing from the property 
in which their money was invested and in 
which they were shareholders. He had 
been told by many present that there was 
no other man living who could have in- 
duced them to put their money into such 
an investment, and he appreciated the con- 
fidence bestowed. 
There are good mines and bad mines, 
but a good mine can be ruined by misman- 
agement, and he believed that with the as- 
sistance of Mr. Myers, the mines were well 
looked after. The La Rita he considered a 
small property. now alongside the Bay 
State and Essex, but it had paid 50 per 
cent. in dividends up to the present time. 
Men were still at work there with a horse 
hoisting machine, and he saw no reason 
why they should not continue to pay good 
dividends. The ore bodies there are not 
continuous but run in pockets, and as fast 
as one is worked out another is opened, 
and he thought it would pay still larger 
dividends the coming year. 
Regarding the Bay State and Essex prop- 
erties, he thought it would perhaps be bet- 
ter to let the gentleman talk who had in- 
spected these properties. 
Hon. David I. Robinson, president of 
Essex corporation, was then introduced, 
and gave an exceedingly interesting ac- 
count of the trip of the party of ten, seven 
men and three women, who visited the 
mines in May last. 
On reaching Angels Camp where the 
Essex mines are located, he noticed that 
Mines Give Glowing Report. 
all the houses had iron doors and shutters 
as a precaution against stray bullets, and 
it was with considerable misgiving that he 
spent his first night there even after care- 
fully closing the iron shutters to his win- 
dow. The following day he found that 
the town had but one policeman, whose 
duty it was to look out for fires, and that 
in many cases the stores were left open 
during the night without fear of robbery, 
and he slept better the following night 
with his window wide open. 
The Essex mines are seven miles from 
the village on the same lode as other mines 
which have paid immense dividends. He 
found everything Mr. Bernard had told 
him in personal interviews verified even in 
excess. Among the mines in the immedi- 
ate vicinity are the Carson Hill, where 
$300,000 was found only ten feet below the 
surface and where the largest nugget on 
record, weighing 193 pounds, was found, 
and a quarter of a mile away the lode crops 
out on the celebrated Fair estate, while 
the Malone mine has increased its stamp- 
ing capacity to 100 stamps. 
The Essex mines consist of 16 claims, 
while the Utica near by with only one 
claim has paid $3,000,000. He went down 
the shaft 350 feet, and saw ore assaying 
$35 to a ton, the average being $8 per ton, 
500 tons being taken out daily. He also 
inspected the Allison claim on the Essex 
property. Engineer Burbridge estimates 
at least $520,000 in ore in sight on this 
claim. The property also has valuable 
water rights, including a ditch 11 miles iu 
length. He was only a novice in mining, 
but he was delighted with what he saw, 
and thought Messrs. Bernard and Myers 
should be congratulated in bringing the 
property to its present state of perfection. 
W. C. Ware of Hamilton, president of 
the Bay State Corporation, said the party 
took but a superficial view and survey, but 
he saw enough to convince him of the 
value of the property. The company was 
fortunate in having such men as Messrs. 
Myers and Woods, who were men of char- 
acter and reputation. He saw ore taken 
out which would yield from $30 to $35 per 
ton, and there was no question but there 
was valuable ore enough to last for many 
years. 
The Bay State mine was reached by leav- 
the train at Colfax, 144 miles from San 
Francisco, driving by stage into the hills, 
where the road rises 2000 feet in the last 8 
miles to Forest Hills, then by saddle to Last 
Chance where the mines are located. The 
Bay State was originally half a mile long. 
On entering the mine he put a handful of 
gravel in his pocket and on reaching the 
end of the tunnel took another handful. 
After emerging from the tunnel, the gravel 
was washed away and Mr. Bernard took 
the leavings in his handkerchief. and on 
reaching Portland took it to assayists, who 
extracted enough gold to make a button 
worth $8. It is considered that a pan 
yielding two cents will pay well. 
When he bought his stock in the Bay 
State the claim was but half a mile long. 
Since then the Dardanelles claim has been 
added, which is about a mile long, also 
the Parmalee, which is a mile long. He 
went into the Dardanelles about 3,500 feet. 
The Essex property is full of rich veins. 
In the early days in California the gold 
was washed from the surface, but now it 
has to be sought under ground. 
John T. Ober of Beverly, an octogenarian 
who accompanied the party, said he wanted 
to ask Bernard if the offer made before the 
party started to buy back stock, if they 
were not satisfied, still held good, not that 
he wanted to sell his stock, as he was sat- 
isfied. 
Mr. Bernard said the offer was that if 
the party would take the advice of any 
mining engineer, and the property was not 
found to be better than he represented he 
would buy back the stock, and was still 
ready to redeem his offer. 
E. O. Cogswell of Boston also spoke at 
some length, corroborating the statements 
of the previous speakers. 
Mr. Bernard read a telegram from Mr. 
J. H. Myers, the resident member of the 
firm, dated at Forbes Hill, which said: 
‘*Extend all stockholders assembled my 
congratulations. Dardanelles fast proving 
itself old time wealth, and other mines 
merit every good word said about them.”’ 
Mr. Bernard, in closing, read from the 
forthcoming reports, showing the progress 
made at the mines, and gave a brief history 
of their development. With the addition 
of the Dardanelles property, which was 
joined with the Bay State instead of mak- 
ing a new company, as might have been 
done, thus further protecting the stock- 
holders’ interests, they had property from 
which it was estimated that millions could 
be taken out. It had been supposed that 
the entire bed of the ancient river had 
been worked out, but it had been proved 
to the contrary, and the theory of an old 
miner was being proved correct, that a mile 
of the river was virgin ground. 
He also explained the policy of the com- 
pany, who, while holding one-half the 
stock, had not drawn any dividends on 
their part, preferring first to put the com- 
pany on a solid financial basis. In this 
manner they were enabled to protect the. 
stockholders and carry out their guarantee 
that in case of failure of any mine, the 
stock owned by the subscribers would be 
transferred into another dividend paying 
company. The Essex company needed to 
raise $50,000 more to properly develop the 
property, and while he did not call for any 
subscriptions at this time he wanted the 
owners of the stock to carefully consider 
the question and its advantages. 
The company were then invited to the 
banquet hall above, where a substantial 
banquet was served by the Dirigo Catering 
Company of Beverly, the menu including 
lobster salad, roast turkey with cranberry 
sauce, cold ham, mashed potato, chicken 
croquettes, green peas, rolls, cake, ice- 
cream, frozen pudding, fruit punch and 
coffee. The party were loud in their eco- 
niums, not only on the bill of fare pre- 
sented, but the excellent service, there 
being plenty of waiters to attend to the 
needs of all, and none left the table with 
their appetites unsatisfied so far as the 
excellent arrangements of the caterer were 
concerned. 
At the close of the banquet a brief time 
was spent in congratulation before those 
present took the cars for their homes. 
