Skip to main content

Finding Aids

University of Idaho Library Special Collections & Archives Guides and Descriptions

X

Collections A-Z



Guide to the Crystal Lead Mines Company Records ; Crystal Lead Mines Company Records

Records

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

Guide to the Crystal Lead Mines Company Records 1914-1947

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: Crystal Lead Mines Company
Dates: 1914-1947
Quantity: 2.5 cubic feet
Abstract:Records of the Crystal Lead Mines Company, and its predecessor, Lead Crystals Mining Company, operators of a lead mine in the Eagle Mining District, north of Murray, Idaho, in the Coeur d'Alene mining region. Includes minutes and other records of the meetings of directors and stockholders, financial statements, correspondence, annual statements and reports to state agencies, stock ledgers and journals, stock assessment records, financial ledgers and journals, payroll records, tax returns, and other records.
Identification: MG279
Language: English
Repository: University of Idaho Library Special Collections and Archives
Moscow, ID 83844-2351

Arrangement and Description

The records of both the Lead Crystals Mining Company and the Crystal Lead Mines Company are contained in this record group. Although boxes and folders are numbered consecutively, the inventory is in two parts, one for each company.The records of the Lead Crystals Mining Company are contained in one small file box. Since there are so few records they are not divided into series, however, the physical arrangement of the material follows that of the larger groups in the Day Mines collection.The records of the Stockholders and Directors include a minute book for the years 1914-1927, and two folders of other records including proxy statements, minutes of meetings for 1931, and a director's oath. General correspondence includes correspondence with stockholders, leases, ore settlements, certificate of incorporation, capital stock returns and related correspondence, annual statements to the state of Idaho, proofs of labor, and invoices for supplies and labor. Other items include lists of stock holders, a stock audit, cash book, bank statements and paid checks, and time books for the years 1925-1930.The records of the Crystal Lead Mines Company are divided into five series.The first series, Records of the Board of Directors and the Stockholders, includes a minute book for the years 1931-1945 which also includes the certificate of incorporation, articles of incorporation, and by-laws. Additional material in this series includes stockholder lists, notices of and agendas for meetings, proxy statements, reports of elections, annual reports of operations, and comparative balance sheets.General Correspondence and Related Records, the second series, contains records which relate to all aspects of the finance, operation, and maintenance of the property. Included are correspondence, stock transmittal letters, stockholders lists, probate court documents, statements of account from the Hercules Mining Co., ore settlements, assay certificates, proofs of labor, employment cards, time sheets, other pay records; printed annual reports, typed manager's reports, financial statements, shift reports; federal and state income tax returns, related tax records, annual reports to the state inspector of mines, annual statements of domestic corporations to the secretary of state, and other records. Among the topics taken up are the exchange of Lead Crystals for Crystal Lead shares, stock transfers, assessments against stock, estate settlements, fire insurance, workman's compensation insurance, annual assessment work, mining equipment, leases, contracts for development work, progress in development, the evaluation of ore reserves, ore shipments, the financing and construction of an access road, strikes, employment applications, pay roll deductions, unemployment compensation claims, selective service classification, wartime rationing, a claim for exemption from federal capital stock tax, and federal wartime production regulations.The third series is Capital Stock Records. Included are a stock ledger and journal and files relating to the numerous assessments levied against the stock to provide money for development of the property.The fourth series, Financial Records, contains three financial ledgers and two journals/voucher registers which cover the entire operating period of the mine.Personnel Records, the fifth series, contains payroll records for the years 1941-1944. The pay roll for 1941-1942 relates exclusively to construction of a mining road under a federal wartime grant to provide access to raw materials. The 1943-1944 pay rolls concern the operation of the Crystal Lead mines.Removal of cancelled stock certificates, returned assessment notices, vouchers, paid checks, bank statements, and duplicate materials reduced the size of this collection by 2.5 cubic feet.

Scope and Content

The records of the Lead Crystals Mining Company span the years 1911 to 1930. Included are minutes and other records of the meetings of the directors and stockholders, correspondence with stockholders, leases, ore settlements, capital stock returns and related correspondence, lists of stock holders, a stock audit, financial material, and time books.

The records of the Crystal Lead Mines Company span the years 1931 to 1947. Included are minutes of meetings, financial statements, correspondence with suppliers and stockholders, annual statements and reports to state agencies, stock ledgers and journals, assessment records, lists of stockholders, financial ledgers and journals, vouchers, check registers, and tax returns.

This group of records is supplemented by material in the papers of Harry L. Day relating to investments, which concern the Day takeover of Lead Crystals Mining Co., and in the case files of John Wourms, regarding the operations of Crystal Lead Mines Company.


Administrative/Biographical History

The Lead Crystals Mining Company was incorporated in Idaho on December 11, 1911. It owned a group of unpatented lode claims in the Eagle District north of Murray, Idaho. John E. Steen was president until 1926 when he was succeeded by Walter Keister. G.W. Daugherty served as secretary after 1922. Underfinanced, the company's efforts at development and ore sales were still insignificant by 1931. By the middle 1920s the company found itself unable either to pay the over $5,000 in debts (mostly owed to the two major stockholders for development and assessment work performed personally) or to perform further assessment work required to hold its claims. After debating and rejecting several proposed solutions for this dilemma, Lead Crystals consented to a proposal, apparently originating with Day legal advisor John Wourms, that a new company be formed to purchase their property for an even exchange of stock. Members of the Day family had been accumulating Lead Crystals stock beginning as early as 1915, at least in part for development work. While the capital stock of Lead Crystals had been non-assessable, the new firm, Crystal Lead Mines Company, would be authorized to levy assessments, providing working capital but dooming the hopes of the two major stockholders, Frank Fisher and John Steen, elderly men, neither of whom was able to pay assessments.

Crystal Lead Mines Company was incorporated in the State of Idaho on January 13, 1931, by W.B. Heitfeld, H.J. Hull, and E.P. Campbell, who became the first directors and officers. Henry Day was appointed manager. A few months later Walter Keister, who had been the last president of the Lead Crystals company, replaced E.P. Campbell as a director and secretary-treasurer. Heitfeld served as a director and president until 1939, when Jerome Day succeeded him. After Jerome's death in 1941, Henry Day became president. Hull served as vice-president for the life of the company.

Like its predecessor, Crystal Lead was authorized to issue 1.5 million shares of capital stock, but at a par value of only ten cents each, while Lead Crystals' shares had a par value of one dollar each, an over-valuation which had made it impossible for Lead Crystals to solve its financial problems by simply selling more stock. The new corporation agreed to pay 1,498,996 shares of its stock, exchanged on a share-for-share basis, plus the $3,317.32 of Lead Crystals' outstanding debts which it accepted as valid.

On August 31, 1931 the Crystal Lead directors levied an assessment of four mills per share on the company's stock to pay off the debts assumed from Lead Crystals and to pay the costs of annual assessment work. Altogether by 1943 ten assessments would be levied, ranging from one mill to one cent per share. The largest shareholders of the Lead Crystals company, Frank Fisher and John Steen, had been forced out by 1935, but more of their stock seems to have been purchased by Harry Day and his associates than was lost to assessments.

Crystal Lead Mines Company had twelve mining claims when it was incorporated. Seven of these were patented in 1936 and two were patented in 1937 and 1938. The company either hired independent contractors or leased its property rather than operate it itself. Commercial production was never large and was virtually limited to the years around World War II, and Crystal Lead stock never paid dividends.

Crystal Lead stockholders held their last meeting on September 24, 1947, when holders of 86 percent of the company stock voted to consolidate with eleven other Day controlled companies to form Day Mines, Inc.


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

Crystal Lead Mines Company
Lead Crystals Mining Company

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

Administrative Information

Source

The records of the Crystal Lead Mines 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 under the direction of Richard Davis in 1987 and 1988. Processing was completed under the direction of Michael Tarabulski in March 1992.


Detailed Description of the Collection

Lead Crystals Mining Company
Series I. Records 1911-1931
box-folderbox-folder
1/11/1Minute book 1914-1927
box-folderbox-folder
1/2-31/2-3Records relating to meetings 1911-1931
box-folderbox-folder
1/4-51/4-5General correspondence 1915-1931
box-folderbox-folder
1/61/6Invoices for supplies and labor 1917-1922
box-folderbox-folder
1/71/7Lists of stock holders 1919-1931
box-folderbox-folder
1/81/8Stock audit 1931
box-folderbox-folder
1/91/9Cash book 1926-1930
box-folderbox-folder
1/101/10Bank statements and paid checks 1926-1927
box-folderbox-folder
1/111/11Time books 1925-1930
Crystal Lead Mines Company
Series I. Records of the Board of Directors and the Stockholders 1931-1947
box-folderbox-folder
os/12os/12By-law and minute record book 1931-1945
box-folderbox-folder
2/132/13Minutes 1946-1947
box-folderbox-folder
2/14-172/14-17Records relating to meetings 1931-1947
Series II. General Correspondence and Related Records 1931-1947
box-folderbox-folder
2/182/18A 1931-1944
box-folderbox-folder
2/192/19Annual report of Idaho Mine Inspector 1931-1947
box-folderbox-folder
2/202/20Annual Statement of Domestic Corporations 1931-1947
box-folderbox-folder
2/212/21Assays 1931
box-folderbox-folder
2/222/22B 1931-1946
box-folderbox-folder
2/232/23C 1931-1946
box-folderbox-folder
2/242/24Contracts 1931-1941
box-folderbox-folder
2/252/25Contracts: Matt Bogovich 1941
box-folderbox-folder
2/262/26Hospital 1942
box-folderbox-folder
2/272/27George Laitt & Bob Borcich 1944-1945
box-folderbox-folder
2/282/28Lutjens and Hinkle 1931-1935
box-folderbox-folder
2/292/29T. Olson 1937-1939
box-folderbox-folder
2/302/30Sam Salla 1941-1944
box-folderbox-folder
2/312/31Correspondence. Forest Service and Bureau of Mines 1942-1943
box-folderbox-folder
2/322/32D 1943-1946
box-folderbox-folder
2/332/33Day, Henry Lawrence, Manager 1931-1943
box-folderbox-folder
2/342/34Depletion 1946
box-folderbox-folder
2/352/35E. 1931-1944
box-folderbox-folder
2/362/36F 1931-1947
box-folderbox-folder
2/372/37Federal Mining and Smelting Company 1931
box-folderbox-folder
2/382/38G 1931-1946
box-folderbox-folder
2/392/39H 1931-1947
box-folderbox-folder
2/402/40Hercules Mining Co., Monthly statements 1931-1932
box-folderbox-folder
2/412/41I 1939-1944
box-folderbox-folder
2/422/42Idaho Mining Association 1934-1942
box-folderbox-folder
2/432/43Insurance, State of Idaho 1941-1945
box-folderbox-folder
2/442/44J 1932-1942
box-folderbox-folder
2/452/45K 1931-1943
box-folderbox-folder
2/462/46L 1932-1947
box-folderbox-folder
2/472/47Lease: Harold G. Badgley 1941-1942
box-folderbox-folder
2/482/48Caron & Smenza 1943-1944
box-folderbox-folder
2/492/49William Zanetti 1945-1947
box-folderbox-folder
2/502/50William Zanetti, Quota correspondence 1944-1946
box-folderbox-folder
2/512/51William & Bromo Zanetti, Drift East No. 4 level 1946-1947
box-folderbox-folder
2/522/52M 1931-1947
box-folderbox-folder
2/532/53Map of Crystal Lead Group 1947
box-folderbox-folder
2/542/54N 1931-1946
box-folderbox-folder
2/552/55O 1942-1945
box-folderbox-folder
2/562/56Ore Reserves 1943-1945
box-folderbox-folder
2/572/57Ore settlements 1944
box-folderbox-folder
2/582/58Caron & Smenza 1943
box-folderbox-folder
2/592/59Ore shipments, Crude lot #1 1941
box-folderbox-folder
2/602/60Leasers: Badgley, Meredith & Lorenzi 1941
box-folderbox-folder
2/612/61P 1931-1946
box-folderbox-folder
2/622/62Patent work 1935
box-folderbox-folder
2/632/63Payroll records 1943-1944
box-folderbox-folder
2/642/64Premium affidavits: Zanetti brothers lease 1945-1947
box-folderbox-folder
2/652/65R 1936-1946
box-folderbox-folder
2/662/66Reports, Progress 1946-1948
box-folderbox-folder
2/672/67Report to stockholders (Printed) 1934-1945
box-folderbox-folder
2/682/68S 1933-1947
box-folderbox-folder
2/692/69Shifter's daily reports 1943
box-folderbox-folder
2/70-712/70-71Statements, Financial 1931-1947
box-folderbox-folder
2/722/72Steen, John and Roy 1931-1932
box-folderbox-folder
2/732/73Stockholders lists 1931-1947
box-folderbox-folder
2/742/74T 1931-1947
box-folderbox-folder
2/752/75Taxes: Capital stock, and claim for exemption 1933-1945
box-folderbox-folder
2/762/76Return of income tax withheld on wages 1944-1945
box-folderbox-folder
2/772/77State Income tax returns 1931-1947
box-folderbox-folder
2/782/78Testing, Ore 1931
box-folderbox-folder
2/792/79U 1941-1947
box-folderbox-folder
2/802/80United States Bureau of Mines 1936-1944
box-folderbox-folder
2/812/81United States Land Office
box-folderbox-folder
2/822/82United States War Production Board, quota - metallic premium payment 1942-1945
box-folderbox-folder
2/832/83Quota purchasing 1942-1945
box-folderbox-folder
2/842/84V-W 1931-1943
box-folderbox-folder
2/852/85Wage and Hour Division 1939
Series III. Capital Stock Records 1931-1947
box-folderbox-folder
2/862/86Stock ledger 1931-1947
box-folderbox-folder
2/872/87Stock journal 1931-1947
box-folderbox-folder
2/88-902/88-90Records relating to assessments 1931-1943
box-folderbox-folder
2/IV.2/IV.Financial Records 1931-1947
box-folderbox-folder
2/912/91Financial ledger 1931
box-folderbox-folder
2/922/92Financial ledger 1931-1942
box-folderbox-folder
2/932/93Financial ledger 1942-1947
box-folderbox-folder
os/94os/94Financial journal/voucher register 1931-1942
box-folderbox-folder
os/95os/95Voucher register 1932-1947
Series V. Personnel Records 1941-1944
box-folderbox-folder
os/96os/96Payroll, road construction 1941-1942
box-folderbox-folder
os/97os/97Payroll 1943-1944
box-folderbox-folder
os/98os/98Compensation record 1943-1944

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