File of Papers Regarding the Monica Mines Company; Gold Mining in Arizona Territory.
Gold placer and lode claims in Yavapai County and a troubling letter
The Monica Mines Co. or Monica Gold Co. operated the Monica mine in Kirkland, Arizona Territory.
Papers here directly relating to the Monica Mines Co. comprise an amended placer claim (Columbia Placer Mining Claim), signed by company agent E.B. Corthell and a four-page letter addressed to the company’s board of directors about the troubled mine in Yavapai County.
The letter, possibly by Corthell, is unsigned and is likely a retained copy. It discusses the financial woes of the company and the imminent departure of the company treasurer.
The author urges that “...the work at the mine [be] shut down and the Stockholders’ meeting [be] called to which the financial needs of the Company and its prospects shall be fully and truthfully explained…”
An amended lode claim document is also found in the papers. It relates to a claim independently purchased by Corthell northwest of the Monica mining claim.
In 1908, the magazine The Mining World reported that troubled Monica Mines Co. was in receivership, which action was brought by Corthell and other company officials. It was hoped that the mining operations would resume.¹
Description: File of Papers Regarding the Monica Mines Company; Gold Mining in Arizona Territory.
Yavapai County, Arizona Territory, 1906.  typed manuscript pages in all. Two Documents Signed + One Typed or Carbon Copy Letter. Both documents are partly printed and each bears contemporary docketing. Folds; some closed tears and staining; few losses in margins, not affecting text; good.
Note. 1. The Mining World (Chicago), Vol. XXIX, No. 13, September 26, 1908, p494.