Skip to main content

Finding Aids

University of Idaho Library Special Collections & Archives Guides and Descriptions

X

Collections A-Z



Guide to the Marsh Mines Consolidated Records ; Marsh Mines Consolidated Records

Records

1 of 2
Open Finding Aid
small (250x250 max)
medium (500x500 max)
Large
Extra Large
large ( > 500x500)
Full Resolution

Guide to the Marsh Mines Consolidated Records 1888-1947

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: Marsh Mines Consolidated
Dates: 1888-1947
Quantity: 5 cubic feet
Abstract:Correspondence, organizational, stock, financial, insurance, and other records of a silver-lead mine in the Lelande Mining District of the Coeur d'Alene region of Idaho.
Identification: MG255
Language: English
Repository: University of Idaho Library Special Collections and Archives
Moscow, ID 83844-2351

Arrangement and Description

There are five series in this group: Records of the Board of Directors and the Stockholders, 1916-1944; General Correspondence and Related Records, 1912-1945; Capital Stock Records, 1916-1947; Financial Records, 1916-1944; Insurance Records, 1931-1937.Among the Records of the Board of Directors and the Stockholders, the first series, are two minute books which cover the years 1916-1929. Later activities are documented only by notices to stockholders, correspondence, typed proceedings of annual meetings, and financial statements. Some of these records exist for the period covered by the minute books as well.Series two contains general records, organized alphabetically and dating mainly between 1929 and 1944. Following the general records is a folder of annual reports and statements.The third series, Capital Stock Records, contains a number of oversize ledgers and a complete set of journals. Documentation of assessments, upon which the Marsh depended so heavily, is limited to the record of assessment fourteen. The stockholders are well represented in three different but overlapping files of correspondence which, taken together, cover the years 1914-1947.The fourth series, Financial Records, contains a transfer binder of ledger accounts, 1916-1928. The corresponding original ledger is missing. A journal and a cash book cover the years 1916-1944. Check registers, 1927-1944, give details of some transactions not covered in the journal or cash book. Also included are returned partial liquidation checks, 1944, from a missing check register.Insurance Records, the final series, consists of two Appraisement books. These provide details about the company's property and equipment in 1931 and 1937.Removal of blank and cancelled stock certificates, vouchers, returned mailings, and duplicate materials reduced this group of records by 4 cubic feet.

Scope and Content

The records of the Marsh Mines Consolidated span the years 1888 to 1947, though most of the material is from after 1915. Included are minutes of meetings, correspondence, ledgers and journals relating to both stock and company finances, and appraisement records.

Of particular note in this group are the records relating to the Poorman Extension Mining Company and Hecla Mining Company. The Poorman records include cancelled stock certificates from 1888-1890. These are among the earliest documents in any of the Day Mines, Inc. collections. Poorman property, taken over by Marsh, was a matter of dispute between Marsh and the Hecla Mining Company, later owner of D.M.I.

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


Administrative/Biographical History

Marsh Mines Consolidated was incorporated in the state of Washington on August 17, 1916, as a reorganization of Marsh Mining Company. It also registered as a foreign corporation in Idaho. The trustees and officers were M.W. Lee, president; Edward Pohlman, vice president; Joseph McCarthy, secretary; W.T. Smith, treasurer, and W. Earl Greenough. The properties purchased from Marsh Mining Company included Got-Em-Now, Marsh, Wm. Sulzer, Jett, J.J. Lentz, Lentz Fraction, Slayden, December, Cusick (unpatented), Burke, Fuller, Green Mountain, Fir, and Clark. Shortly after incorporation Greenough resigned as a trustee and was replaced by J.V. Pohlman.

To undertake operations, the company borrowed $1,000 from the First National Bank of Wallace and levied an assessment to repay the loan. A second loan of $6,000 was taken out in July 1917, and another assessment was levied. By October 1918 six stock assessments had been levied but were unable to raise the needed capital and the sale of treasury stock was negotiated.

In July 1916, Marsh had received a ten year lease on the Mono, Russell, and O'Neill claims of Federal Mining and Smelting Company's Tiger-Poorman group as the result of an agreement resolving threatened trespass litigation. Later Federal began a suit in behalf of Marsh against Hecla Mining Company involving these claims. This case was settled out of court in March 1921, and during a portion of the litigation period with Hecla, Marsh was given possession of the Gertie Mining Company tunnel for the purpose of carrying on exploration work in their adjoining claim. The final settlement involved Hecla purchasing the entire Tiger-Poorman group subject to the Marsh Lease. Marsh then received $112,500 cash and valuable concessions including tunnel rights for the exploration of the Russell vein in return for the cancellation of its lease.

In 1926, all known ore having been extracted, mining operations ceased and the management tried unsuccessfully to sell the company. To raise money for its debts, Marsh put treasury stock up for sale. The stockholders failed to take up the all of the offered stock and the remaining shares were sold at five cents per share to the Hercules Mining Company in July 1929, giving the Hercules control of the company.

The 1932 report to the stockholders, signed by manager Henry L. Day, showed over $91,000 in the treasury. It also reported Marsh Mines Consolidated owned slightly more than 1/3 of the outstanding stock of the Cassiar Crown Mining Company located near Telkawa, B.C. This stock was acquired in May 1926.

On April 8, 1944, the directors -- Edward Pohlman, president, F.M. Rothrock, vice president, Wray D. Farmin, secretary, Henry L. Day, treasurer, and J.V. Pohlman -- met to consider an offer by the King Mining Company, of which the Hercules was the major stockholder. King offered Marsh 266,667 shares of capital stock for all the property -- then 14 patented claims, equipment and machinery of Marsh Mines Consolidated. On August 4, 1944 the shareholders approved the sale.


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

Marsh Mines Consolidated

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 Marsh Mines Consolidated 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 Judith Nielsen in July 1987.


Detailed Description of the Collection

Series I. Records of the Board of Directors and the Stockholders 1916-1944
box-folderbox-folder
1/1-21/1-2Minutes 1916-1929
box-folderbox-folder
1/3-61/3-6Annual meetings 1931-1932, 1937, 1940
box-folderbox-folder
1/7-81/7-8Records relating to meetings 1916-1944
box-folderbox-folder
1/91/9Financial statements 1919-1944
Series II. General Correspondence and Related Records 1888-1945
box-folderbox-folder
1/101/10Audits 1912-1943
box-folderbox-folder
1/111/11B-D 1932-1940
box-folderbox-folder
1/121/12Day, Henry Lawrence: Manager 1929-1936
box-folderbox-folder
1/131/13Dividend account 1921-1938
box-folderbox-folder
1/141/14Equipment 1918-1932
box-folderbox-folder
1/151/15E-H 1929-1944
box-folderbox-folder
1/16-181/16-18Hecla Mining Co. 1917-1922
box-folderbox-folder
1/191/19Hercules bill 1929-1932
box-folderbox-folder
1/201/20Idaho Mining Association 1934-1940
box-folderbox-folder
1/211/21Insurance 1929-1933
box-folderbox-folder
1/221/22K-L 1931-1939
box-folderbox-folder
1/231/23Legal 1929-1939
box-folderbox-folder
1/241/24M 1937-1943
box-folderbox-folder
1/251/25Miscellaneous 1929-1934
box-folderbox-folder
1/261/26N-P 1931-1941
box-folderbox-folder
1/271/27Poorman Extension Mining Co. 1888-1932
box-folderbox-folder
1/281/28Rothrock, F. Wallace: Secretary 1929-1941
box-folderbox-folder
1/291/29R-S 1929-1943
box-folderbox-folder
1/301/30Shifters reports 1929
box-folderbox-folder
1/31-321/31-32Security Exchange Act of 1934: Application for permanent registration 1934-1945
box-folderbox-folder
2/33-362/33-36Spokane and Eastern Trust Co. 1916-1929
box-folderbox-folder
2/372/37Spokane Stock Exchange: Registration 1934-1939
box-folderbox-folder
2/382/38Stockholder lists 1929, 1940
box-folderbox-folder
2/392/39State income tax returns 1931-1944
box-folderbox-folder
2/402/40U.S. Dept. of Commerce: Bureau of mines 1924-1926
box-folderbox-folder
2/412/41U-W 1931-1942
box-folderbox-folder
2/422/42Annual reports and statements 1930-1945
Series III. Capital Stock Records 1914-1947
box-folderbox-folder
os/43-49os/43-49Ledgers 1916-1928
box-folderbox-folder
os/50os/50Register for assessment #14 1926-1927
box-folderbox-folder
3/51-603/51-60Journals 1916-1944
box-folderbox-folder
3/613/61Correspondence 1914-1944
box-folderbox-folder
3/62-703/62-70Correspondence 1930-1937
box-folderbox-folder
4/71784/7178Correspondence 1938-1947
box-folderbox-folder
4/794/79Stock transfers 1937-1944
Series IV. Financial Records 1916-1944
box-folderbox-folder
4/804/80Transfer binder: ledger accounts 1916-1928
box-folderbox-folder
4/814/81Journal 1916-1944
box-folderbox-folder
4/824/82Cash Book 1916-1944
box-folderbox-folder
4/834/83Check registers and returned checks 1927-1944
Series V. Insurance Records 1931-1937
box-folderbox-folder
4/84-854/84-85Appraisement books 1931, 1937

Profile Description

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

you wish to report:


...
Select the collections to add or remove from your search
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
 
OK