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Guide to the Idaho and Eastern Mining and Milling Company Records ; Idaho and Eastern Mining and Milling Company Records

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Guide to the Idaho and Eastern Mining and Milling Company Records 1903-1938

Sponsor: Funds for processing were provided by the National Historical Publications and Records Commission, the U.S. Department of Education HEA Title II-C "Strengthening Research Library Resources" program, the Library Associates of the University of Idaho and other donors.Funding for encoding this finding aid was provided through a grant awarded by the National Endowment for the Humanities.


Overview of the Collection

Title: Records
Creator: Idaho and Eastern Mining and Milling Company
Dates: 1903-1938
Quantity: 1 cubic foot
Abstract:Correspondence, organizational, stock, financial, tax, and other records of a silver-lead mine in the Coeur d'Alene region of Idaho.
Identification: MG240
Language: English
Repository: University of Idaho Library Special Collections and Archives
Moscow, ID 83844-2351

Arrangement and Description

The records of the Idaho and Eastern Mining and Milling Company consist of five series: Records of the Board of Directors and the Stockholders, 1903-1936; General Correspondence and Related Records, 1927-1936; Capital Stock Records, 1903-1938; Financial Records, 1927-1936; and Tax Records, 1926-1937.The first series contains a minute book, 1903-1936, and a folder of records related to meetings, 1927-1930. Included in the latter are notices of meetings and lists of stockholders. A second folder, primarily of monthly and yearly financial statements, also contains statements of Idaho and Eastern's account with the Hercules Mining Company.The second series contains only two folders. The first contains progress reports of development work at the mine and an assortment of reports to government agencies. Most of the latter report no work done at the mine. A second folder contains annual reports for the State Inspector of Mines and Annual Statements of Domestic Corporations for the Idaho Department of State.The third series includes a stock ledger and two stock journals. One of the journals, however, dates only 1903-1906 and contains no information not in the other journal, dated 1903-1927. There is a volume of cancelled stock certificates, preserved because the stock journal ends six years before the stock ledger, and a folder of assessment records and correspondence. The latter dates primarily 1925-1935, but contains a February 1938 letter from the Idaho First National Bank summarizing stock redemption.The fourth series includes only a ledger and a voucher register, both 1934-1936, and a folder containing a check register, bank statements, and a few deposit slips and vouchers.The final series contains tax returns, federal and state. The folder of state returns also contains a county tax receipt from 1927, and a statement of dissolution from 1937.Removal of returned notices of meetings and assessments, bank statements and paid checks, cancelled stock certificates, and vouchers reduced the bulk of this collection by one cubic foot.

Scope and Content

The records of the Idaho and Eastern Mining and Milling Company span the years 1903 to 1938, with the bulk of the material covering the years 1927 to 1936. Included are meeting minutes, reports to stockholders, annual financial statements, mine development progress reports, stock and financial ledgers, stock journals, cancelled stock certificates, assessment records, voucher and check registers, and federal and state tax returns.

Related materials can be found in the records of the Hercules Mining Company.


Administrative/Biographical History

The Idaho and Eastern Mining and Milling Company was established in August, 1903 in Burke, Idaho, to hold, work, and operate mines of silver and lead ore in Shoshone county and to sell, work, mill, reduce and treat the product of mines. The company, according to the articles of incorporation, was to last 50 years. It actually lasted only 33 years, with a 19 year break between 1908 and 1927 when there were no meetings. At the last meeting held in 1908, the corporation was indebted in the amount of $4,000. More than half of this amount was owed on a note dating from 1906. An assessment of 1/2 cent per mill was levied on capital stock to pay off the debt. The mine apparently stopped operating in 1908 and was never reopened.

There was yearly improvement work done on the mine between 1908 and 1927 which the Hercules Mining Company paid for. By the time of the 1927 shareholders meeting, the Idaho and Eastern Company was indebted to the Hercules Mining Company in the amount of $6,000. Between 1927 and 1936, while John Wourms was president, the company held three assessments on capital stock to pay off debts, but in 1936 the Hercules Mining Company bought out the few remaining shareholders. The Idaho and Eastern Mining and Milling Company was dissolved in March of that year.


Subjects

This collection is indexed under the following headings in the online catalog. Researchers desiring materials about related topics, persons, or places should search the catalog using these headings.

Idaho
Mines and Mineral Resources

Idaho and Eastern Mining and Milling Company

Lead mines and mining -- Idaho -- Coeur d'Alene Mining District -- History -- Sources
Mining corporations -- Records -- Idaho -- Coeur d'Alene Mining District
Silver mines and mining -- Idaho -- Coeur d'Alene Mining District -- History -- Sources

Administrative Information

Source

The records of the Idaho and Eastern Mining and Milling Company are part of the records of Day Mines, Inc., donated to the University of Idaho by Henry Day in 1984 and 1985.

Processing Information

Initial processing of this Manuscript Group was done by Dixie Miller in October 1987.


Detailed Description of the Collection

Series I. Records of the Board of Directors and the Stockholders 1903-1936
box-folderbox-folder
1/11/1Minutes 1903-1936
box-folderbox-folder
1/21/2Records relating to meetings 1927-1936
box-folderbox-folder
1/31/3Financial statements 1930-1936
Series II. General Correspondence and Related Records 1927-1936
box-folderbox-folder
1/41/4Progress reports 1929-1935
box-folderbox-folder
1/51/5Annual Reports and Statements, Idaho 1927-1936
Series III. Capital Stock Records 1903-1938
box-folderbox-folder
1/61/6Stock ledger 1903-1933
box-folderbox-folder
1/7-81/7-8Stock journals 1903-1927
box-folderbox-folder
1/91/9Cancelled stock certificates 1903-1933
box-folderbox-folder
1/101/10Correspondence and assessment records 1925-1935, 1938
Series IV. Financial Records 1927-1936
box-folderbox-folder
1/111/11Ledger 1934-1936
box-folderbox-folder
1/121/12Voucher register 1934-1936
box-folderbox-folder
1/131/13Check register and bank statements 1927-1936
Series V. Tax Records 1926-1936
box-folderbox-folder
1/141/14Federal tax records 1926-1936
box-folderbox-folder
1/151/15Idaho tax records 1927, 1933-1936

Profile Description

Creation: Encoded by ArchProteus2003
Language: Finding aid is in English

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