[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. (a.k.a. Monica Gold Co.) operated in Kirkland, Arizona Territory.
Two items here directly relate to the company: an amended placer claim (Columbia Placer Mining Claim), signed by company agent E.B. Corthell, and a retained copy of a four-page letter sent to the company’s board of directors about the troubled mine in Yavapai County.
The letter discusses the financial woes of the company and the imminent departure of the company treasurer. Its author (Corthell?) 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…”
The Mining World reported in 1908 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
An amended lode claim document is included. It relates to a claim independently purchased by Corthell, northwest of the Monica mining claim.
Description: [The Monica Mines Company; Gold Mining in Arizona Territory].
Yavapai County, Arizona Territory, 1906. Two documents signed and a 4-page retained letter. Closed tears at folds; staining; some losses in margins, not affecting text; good.
Note. 1. The Mining World (Chicago), Vol. XXIX, No. 13, September 26, 1908, p494.