Copete Consolidated Copper Co. - Stock Certificate

Stock printed by American Banknote Co., NY. COPETE CONSOLIDATED COPPER CO. SONORA Office: 15 William St., New York. Officers: Win. T. Read, pres.; F. C. Hanford, v. p.; Myra B. Martin, sec.-treas., with Ralph Melczer and John C. Morrow, directors. Inc. March. 1906. in West Virginia. Cap., $1.000.000; shares $1 par. non-assessable: issued 549,170^ shares. Annual meeting, first Wednesday in March. The company was organized to develop the property owned by the Melczer Mining Co., legalized in Mexico, the entire stock issue of which is held by the Copete Consolidated Copper Co. Property: 70 pertenencias, comprising the Last Chance. Copetito, Jalisco, Santiago, and El Copete claims, about 173 acres, at El Copete, Sonora, shows an immense gossan capping, apparently the remnant of a great blanket vein, the greater part of which has been eroded away. Development: by several tunnels and a 615' shaft with about 7.000" of workings. Ores are mainly low-grade copper with considerable iron pyrite, gold and silver, giving average assay value of $6 per ton. The bottom of the ore zone seems to have been reached at about 300'. It is believed that those in control of the company will use every effort to bring the enterprise to a successful issue and the past may be considered a closed chapter. Those interested in the history of the company will find it given in Vols. X and XI, The Copper Handbook. Idle on account of the revolution.