Chicago: 1906-1907. pp. stapled prospectus, pp. typed letter, three broadside advertisements, with accompanying transmittal envelopes. Prospectus previously folded, spine splitting; light oxidation around staples. Letter and broadsides folded, with light even tanning. About very good. Item #415
A small, but diverse and absorbing group of promotional materials for mining claims in Goldfield, Nevada, under development by the King Leopold Mining Syndicate in 1906 and 1907. The syndicate, headquartered in Chicago and vigorously promoted by its secretary, William Berg, owned six claims totaling 120 acres in the Eldorado-Bullfrog Group near Goldfield. The prospectus present here contains a map of the claims, and outlines the resources at the disposal of the syndicate and its plans for the development of the claims. The letter, sent to a Mrs. George S. Posey of Lochiel, Indiana, admonishes her for making "a grave mistake in not buying some stock immediately," after she had been solicited previous to do so, and that, "It is beyond question one of the best propositions I have ever recommended to the public. Considering the fact that I have made money on all the Goldfield stocks that I have bought within the last 15 months, shows conclusively that my judgment is pretty good."
Two broadside circulars provide a glowing report on the financial status of the syndicate and announce the formation of a new sub-company for new claims purchased by the syndicate directors in Chaffee County, Colorado, east of Gunnison, with shareholders in the King Leopold naturally having the first option to buy stock in the new venture. A final small broadside advertises subscriptions to the Mining Investor periodical, with an endorsement of the publication at the foot of the sheet by Berg. A nice group of promotional material for an early 20th-century Nevada mining venture; OCLC locates one copy of the present prospectus, at Yale.