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Guide to the Gertie Mining Company Records ; Gertie Mining Company Records

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Guide to the Gertie Mining Company Records 1900-1944

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: Gertie Mining Company
Dates: 1900-1944
Quantity: 1.5 cubic feet
Abstract:Correspondence and organizational, stock, financial, tax, and other records of a silver-lead mine in the Leland Mining District of the Coeur d'Alene region of Idaho.
Identification: MG253
Language: English
Repository: University of Idaho Library Special Collections and Archives
Moscow, ID 83844-2351

Arrangement and Description

There are five series in this manuscript group: Records of the Board of Directors and the Stockholders, 1900-1944; General Correspondence and Related Records, 1918-1944; Capital Stock Records, 1906-1944; Financial Records, 1900-1944; and Tax Records, 1931-1944.The first series contains a minute book and two folders of records related to meetings. The minute book covers the entire life of the company. The folders reflect activity only from 1933 to 1944.The second series contains general correspondence, notices of meetings, lists of claims, and reports government agencies. Also included is a folder of correspondence dealing specifically with the dissolution of the Gertie Mining Company and the conversion of Gertie stock to stock in the King Mining Company.Capital Stock Records, series three, contains a stock ledger but no stock journal. For this reason extant stock certificates were preserved, though many are missing. Also included here are lists of stockholders, but only from after 1930.Financial Records, the fourth series, includes ledgers and a journal covering company activities from 1900 to 1930; check registers for nearly the entirety of the company's existence; and annual reports and statements for 1931 to 1934.The final series contains federal and state tax returns, along with related correspondence, and records relating to capital stock tax. There are no tax records prior to 1931.Removal of returned notices and proxy statements, vouchers, paid checks and bank statements, returned dividend checks, and duplicate materials reduced the bulk of this collection by 1.5 cubic feet.

Scope and Content

The records of the Gertie Mining Company span the years 1900 to 1944. Most of the records date from the last 15 years of that period. Included are minutes of meetings, correspondence, stock and financial ledgers, reports to various regulatory agencies, and income tax returns.

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


Administrative/Biographical History

The Gertie Mining Company was incorporated in the State of Washington on November 12, 1900, and licensed as a foreign corporation in the state of Idaho. The first meeting of the Board of Trustees was held on November 13 in Spokane. At that meeting Edward Ehrenberg was elected president, treasurer, and general manager, M.J. Maker, vice president, and John H. Travers, secretary. James H. Harvey and John Harvey were absent. The company purchased from Ehrenberg the Gertie and Iron King lode mining claims situated in the Leland Mining District, near Burke, Shoshone County, Idaho in consideration of the entire stock of the company which he then distributed to the other trustees, returning 209,000 shares to the treasury; Ehrenberg retained 285,000 for himself. In 1901 the mining claims were patented. Development continued for several years with those doing the work being paid in stock, 100 shares for each lineal foot. Remaining treasury stock was eventually sold to pay off indebtedness.

In 1906 L.W. Hutton became President; he replaced Ehrenberg as general manager the following year. In December 1908 the capital stock was increased from 1,000,000 to 1,500,000 and was increased again in 1914 to pay for continued development

In 1919 Eugene Day was elected to the Board of Trustees. About this same time development work on the Gertie property was discontinued when the shareholders determined that there was no commercial ore apexing in their property.

At the Board of Trustees Meeting on September 14, 1920 a contract with Eugene Day was approved allowing for the conditional sale of the right to connect with and use the main cross-cut Gertie tunnel, equipment, and machinery for access to the Maher-Hearn group of claims owned by Eugene Day and his associates. In November 1920 the Marsh Mining Company requested a 30 day use of the Gertie tunnel.

In 1924, L.W. Hutton -- disposing of his holdings in the company -- presented a bill for the $11,852.85 he had loaned it since 1917. As a result, the remaining 68,000 shares of treasury stock were offered for sale to pay this indebtedness.

At the October 14, 1924 stockholders meeting were F.M. Rothrock, John Wourms, W.B. Heifer, and August Paulsen, each owning 1,000 shares. The Hercules Mining Company owned 1,805,525 shares. Directors elected at that meeting were August Paulsen, E.E. Flood, F.M. Rothrock, W.B. Heifer, and John Wourms. At the trustees meeting immediately following, Paulsen was elected president; Heifer, vice president; and Rothrock, secretary-treasurer. By 1925 Jerome Day was also a stockholder.

On December 20, 1943 the directors, F. Wallace Rothrock, Frank M. Rothrock, John H. Wourms, Henry L. Day, and Clarence Paulsen, met to consider the sale of the Gertie to King Mining Company. On January 10, 1944 the shareholders approved the sale to King Mining Company for 75,000 shares of capital stock at the par value of ten cents per share. At the time of dissolution the Gertie had 3 patented claims, the Calumet, Gertie, and Iron King, encompassing 42.683 acres.


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

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


Detailed Description of the Collection

Series I. Records of the Board of Directors and the Stockholders 1900-1944
box-folderbox-folder
1/11/1Minutes 1900-1944
box-folderbox-folder
1/2-31/2-3Annual and special meetings: minutes, stock lists, proxies, etc 1933, 1944
Series II. General Correspondence and Related Records 1918-1944
box-folderbox-folder
1/41/4General correspondence 1918-1944
box-folderbox-folder
1/51/5Correspondence, Gertie-King stock transfer 1944
box-folderbox-folder
1/61/6Notices of meetings 1943-1944
box-folderbox-folder
1/71/7List of claims 1931
box-folderbox-folder
1/81/8U.S. Bureau of Mines reports 1934-1940
box-folderbox-folder
1/91/9Wage and Hour Division report
Series III. Capital Stock Records 1906-1944
box-folderbox-folder
1/101/10Stock ledger 1906-1944
box-folderbox-folder
1/11-131/11-13Cancelled stock certificates 1907-1944
box-folderbox-folder
1/141/14List of stockholders 193?-1943
Series IV. Financial Records 1900-1944
box-folderbox-folder
1/151/15Day book 1900-1908
box-folderbox-folder
1/16-181/16-18Financial ledgers 1900-1930
box-folderbox-folder
1/191/19Financial journal 1913-1930
box-folderbox-folder
2/20-242/20-24Check registers 1908-1944
box-folderbox-folder
2/25-262/25-26Annual reports and statements, Idaho 1931-1944
box-folderbox-folder
2/272/27Census of Mines and Quarries 1929
box-folderbox-folder
2/282/28Idaho Mining Association reports 1937-1940
box-folderbox-folder
2/292/29Invoices from Hercules Mining Co. 1929-1931
box-folderbox-folder
2/302/30Financial statements 1932-1944
Series V. Tax Records 1931-1944
box-folderbox-folder
2/312/31Capital Stock tax 1933-1944
box-folderbox-folder
2/322/32Federal tax records 1931-1944
box-folderbox-folder
2/332/33Idaho tax records 1931-1944

Profile Description

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

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