Cinco Estrellas Mining Company; Small Archive of Investors’ Circulars etc., 1912–1913.
Gold and Silver Mining in Mexico
Circular letters, stockholders’ proxies, and other papers relating to the stock of the Cinco Estrellas Mining Company.
The company’s mining operations at Pinos, Zacatecas, Mexico included a cyaniding plant.¹ Cyanide is principally produced for the mining of gold and silver.
Seven circular letters form the bulk of the archive. Issued by the company’s board of directors, the circulars discuss a proposed incorporation of the Arizona company in Delaware, the issuing of new stock, a bond issue, stockholders’ meetings, and the need to raise new capital.
The archive was kept by D.W. Hughes of Philadelphia, an investor in the company. Included here is a signed proxy for Hughes 5,000 shares in the company, a receipt for those shares, and a typed letter signed from company secretary, H. Graham Bleakly.
The letter concerns the exchange of shares between the Cinco Estrellas Mining Company of Arizona and the Cinco Estrellas Mining Company of Delaware.
Bleakly writes that they are still waiting for Hughes’ power of attorney: “The only possible effect of this delay by stockholders in doing their part, is to embarrass the proposed negotiation of the new Company’s Bonds and thereby further jeopardize the interets of the Company in Mexico.”
Description: Cinco Estrellas Mining Company; Small Archive of Investors’ Circulars etc., 1912–1913.
Philadelphia, 1912–1913. [11¼]pp. Eleven items: 7 Circular Letters, 1 T.L.S., 2 Proxies, and 1 receipt. Folios and sm. 8vos, ranging in size from 5¼ x 8½ to 13½ x 8½ inches. Folds; very good.
Note. 1. The Mining World, Vol. XXXII, No. 4, January 22, 1910, p230.