The American Consolidated Mines Company (1903)

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.
In calling your attention to one of the richest districts in the whole Rocky Mountain system, we must say in the first place that the old Spanish and Mexican land grant controversies have greatly retarded the development of large tracts of the richest mineral lands throughout New Mexico, particularly in Taos County; but the United States court of private land claims and the United States supreme court have finally passed upon the validity of practically all these grants, and this has recently thrown open some very rich fields. Among these is the Rio Hondo district in Taos County.
This district contains, without any exaggeration, almost inexhaustible bodies of good paying gold, silver and copper ore. In the year 1680 these same Taos mountains gave up millions in gold and silver to the Spaniards, although worked by the crudest possible methods; and now, after lying idle for hundreds of years they are again about to give up their treasures to a few lucky corporations who have secured property in this vicinity. The Rio Hondo District is situated about the center of the county, a few miles north of the quaint old Mexican town of Taos, the county seat. Plenty of mining timber and streams of the clearest water make this an ideal place for reduction plants and the economic handling of ores.