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Guide to the Ray-Jefferson Mining Company Records ; Ray-Jefferson Mining Company Records

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Guide to the Ray-Jefferson Mining Company Records 1909-1951

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: Ray-Jefferson Mining Company
Dates: 1909-1951
Quantity: 5 cubic feet
Abstract:Minutes of meetings, correspondence with suppliers and stockholders, annual statements, stock records, tax returns and other financial records, and time books and payroll records of a silver-lead mine in the Beaver Mining District of the Coeur d'Alene mining region of northern Idaho.
Identification: MG265
Language: English
Repository: University of Idaho Library Special Collections and Archives
Moscow, ID 83844-2351

Arrangement and Description

The records of the n Mining Company are divided into five series: Records of the Board of Directors and the Stockholders, 1909-1940; General Correspondence and Related Records, 1915-1944; Capital Stock Records, 1910-1940; Financial Records, 1916-1951; Personnel Records, 1914-1916, 1929-1937The first series, Records of the Board of Directors and the Stockholders, includes minutes and other records relating to meetings.General Correspondence and Related Records, the second series, contains an alphabetical file which includes annual reports and statements, tax returns, claims, invoices, leases, contracts, stock related material and general correspondence.The third series is Capital Stock Records. Included are stock ledgers and journals, and assessment records.The fourth series, Financial Records, contains voucher registers for both the mine and the mill, financial ledgers, an appraisement, and a check register.Personnel Records, the fifth series, includes time books and payrolls. Additional payroll records can be found in Monitor no. 362, 1916-1918Removal of cancelled stock certificates, returned assessment notices, vouchers, paid checks, and duplicate materials reduced the size of this collection by 2 cubic feet.

Scope and Content

The records of the Ray-Jefferson Mining Company span the years 1909 to 1951, with the bulk of the material covering the years 1916 to 1940. Included are minutes of meetings, financial statements, correspondence with suppliers and stockholders, stock ledgers and journals, assessment records, lists of stockholders, financial ledgers, voucher and check registers, tax returns, and time books and payroll records.

Related materials can be found in the records of the Monitor Mining Company and among the papers of John H. Wourms.


Administrative/Biographical History

The Ray-Jefferson Mining Company was organized August 14, 1909, for the purpose of engaging in general mining. The first claims included, the "Ray" Lode, the "Jefferson" Lode and the "Lincoln" Lode, all in the Beaver Mining District in Shoshone County Idaho.

The first of the Ray-Jefferson directors included: David C. Smith, president; Daniel L. McGrath, vice president; E.G. Ellis, secretary/treasurer; A.G. Kerns, assistant secretary; and Edward Dolan. Little action occurred under their direction until 1915, at which time the "Carlisle", "Hill Group," and "Carbon Creek" mining claims were purchased and parts of the Ray-Jefferson mine were leased to other mining companies.

In 1916, Eugene and Harry Day locked horns with Interstate-Callahan over the acquisition of the Ray-Jefferson property. Although they were successful in acquiring the property, a higher price was paid than the fair market value. The new directors included Eugene R. Day, president, secretary and treasurer; Harry L. Day, vice-president; George L. Garrett, D.L. McGrath and James J. Murphy. James P. Maggy took over the position of secretary/treasurer a year later. A number of loans were taken out for the construction of the Ray-Jefferson mill with the hopes of a large return on profits. However, the Ray-Jefferson failed to live up to the Days' earlier expectations and little profit was made.

In 1918 the mine was closed and in 1919 the company began yearly assessments to repay debts acquired during their two years of operation. The assessments were so regular that when no assessments were levied in 1932 and 1933, a number of concerned stockholders wrote to the company because they had not received their yearly notice of assessment and were worried about their stock becoming delinquent. Some stockholders even went as far as to send in money so the stock would not become delinquent.

By 1940, Eugene R. Day had passed away and a new set of directors took over. These included Jerome J. Day, president; George K. Garrett, vice president; S.F. Heitfield, secretary/treasurer; and Frank M. Rothrock. During this year, the Day brothers convinced the directors of the Ray-Jefferson, Blue Grouse, Virginia, and Amazon-Manhattan Mining companies, to consolidate their properties into one company. The Days felt the most economical way was to create a new company, the Monitor Mining Company, and then have each company in turn join Monitor, handing over all property owned by the companies.

The Ray-Jefferson Mining Company existed for twenty-six years in which time little profit was made. All three of the Day brothers were at one time or another on the board of directors with Jerome and Eugene Day playing a major role in the end of the Ray-Jefferson, as well as the beginning of the Monitor Mining Company.


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

Ray-Jefferson 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 Ray-Jefferson Mining 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 Lena M. Johnson in December 1987.


Detailed Description of the Collection

Series I. Records of the Board of Directors and the Stockholders 1909-1940
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1/1-31/1-3Minutes 1909-1940
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1/4-71/4-7Records relating to meetings 1915-1924
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2/8-142/8-14Records relating to meetings 1926-1940
Series II. General Correspondence and Related Records 1915-1944
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3/153/15A 1916-1938
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3/16-173/16-17Annual Reports and Statements 1924-1941
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3/183/18Assessment work 1926-1932, 1939
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3/19-203/19-20B-C 1915-1941
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3/213/21Capital stock tax returns 1923-1928
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3/223/22Claims 1919, 1926, 1931
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3/233/23D 1916-1938
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3/243/24Dissolution statements 1940
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3/25-283/25-28E-H 1916-1941
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3/293/29Hospitals 1917-1920
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3/303/30I 1916-1919, 1926-1940
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3/31-333/31-33Invoices and receipted bills 1914-1916
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3/343/34Income tax: employees 1916-1927
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3/353/35Income tax returns 1920-1940
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3/363/36Incorporation 1910
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3/373/37Insurance: fire 1932, 1936
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3/383/38Insurance: workmen's compensation 1938-1940
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3/393/39Inventory November 1926
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3/40-423/40-42J-L 1915-1941
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3/433/43Leases and agreements 1916-1918
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3/443/44Legislation, social security 1937-1940
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4/45-464/45-46M 1916-1939
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4/474/47Mining contracts 1917-1923
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4/484/48Miscellaneous 1916-1935
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4/494/49Montana Power Co. 1932
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4/504/50McPherson, James 1918
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4/51-524/51-52N-O 1916-1937
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4/534/53Ore settlements, Ray-Jefferson--Carlisle vein 1917
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4/544/54P 1916-1939
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4/554/55Payroll 1916-1917
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4/564/56Proof of labor 1923-1931
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4/574/57Q-R 1916-1940
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4/584/58Red Cross contribution 1917
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4/594/59S 1916-1944
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4/604/60Statements, Financial 1917-1940
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4/614/61Stock consolidation 1939-1940
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4/624/62Stock Exchange, Spokane 1934-1939
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4/634/63Stock list 1916-1928
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4/644/64Stock purchased by Day Family 1916
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4/654/65Stock tax returns 1934-1942
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4/664/66Stock transfers 1916, 1936-1941
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4/674/67T 1916-1937
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4/684/68Telegraph code undated
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4/69-714/69-71U-W 1916-1940
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4/724/72Wage and Hours Division 1920
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4/734/73Water rights 1916-1918
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4/744/74Y-Z 1917-1919, 1927-1940
Series III. Capital Stock Records 1910-1940
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4/75-764/75-76Ledgers 1910-1940
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5/77-785/77-78Journals 1916-1940
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5/79-945/79-94Assessments 1919-1939
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os/95os/95Assessment register 1919-1939
Series IV. Financial Records 1919-1951
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os/96os/96Voucher register 1916-1920
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os/97os/97Voucher register 1921-1939
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os/98os/98Voucher register 1939-1940
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6/99-1016/99-101Ledgers 1916-1940
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6/1026/102Mill ledger (E.R. Day) 1916-1917
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6/1036/103Mill voucher register 1916-1917
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6/1046/104Appraisement 1937
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6/1056/105Check register 1939-1951
Series V. Personnel Records 1914-1916, 1929, 1937
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6/1066/106Time books 1917-1918, 1929-1937
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os/107os/107Pay rolls June 1914-October 1915, April 1916

Profile Description

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

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