Archives West Finding Aid
Table of Contents
- Overview of the Collection
- Content Description
- Administrative Information
- Detailed Description of the Collection
- Names and Subjects
Basin Mining Company Records, 1902-1938
- Basin Mining Company
- Basin Mining Company Records
- 1902-1938 (inclusive)19021938
- 1 cubic foot
- Collection Number
- MG239 (collection)
- Correspondence and organizational, stock, financial, tax, and other records of a silver-lead mine in the Lelande Mining District of the Coeur d'Alene region of Idaho.
University of Idaho Library, Special Collections and Archives
Special Collections and Archives
University of Idaho Library
875 Perimeter Drive
- 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.
Historical NoteReturn to Top
The Basin Mining Company, Limited, was formed on October 29, 1902, in Wallace, in Shoshone County, Idaho. At their first meeting the stockholders organized and adopted the by-laws of the corporation and elected the board of directors. These directors then elected the officers from among themselves: president, John P. Gray; vice-president, John L. Smith; secretary/treasurer, L.C. Wilson; and manager, W.C. Miller. The Basin Mine was located in the Lelande Mining District in Shoshone County. It consisted of five lode mining claims: Selkirk, Smoke House, Roosevelt, Sky Line, and Big Horn.
John P. Gray was president of Basin from 1902 to 1914. On April 1, 1915, the company lost all of its property by a decree of the district court of Shoshone County, in the case of Cronin et al vs. The Basin Mining Co., Ltd. The five patented, unproductive mining claims were vested in the plaintiffs on June 1, 1915. Arrangements were made with the plaintiffs and an entirely new company bearing nearly the same name, Basin Mining Company (no longer limited), was formed.
The officers of the new company were O.W. Lewis, L.C. Wilson and Therrett Towles. The property was never productive, but it afforded protection to the other properties of the Hercules Mining Co., which owned the majority of the Basin stock. The cost of maintaining this property as a separate organization was deemed excessive and, in 1937, the Hercules purchased Basin and dissolved the company.
Content DescriptionReturn to Top
The records of the Basin Mining Company span the years 1902 to 1938, with the bulk of the material covering the years 1915 to 1938. Included are minutes of meetings, financial statements, correspondence, annual statements and reports to state agencies, stock ledgers, cancelled stock certificates, assessment records, a financial ledger and journal, check registers, vouchers, and federal, state, and county tax records.
Related materials can be found in the records of the Hercules Mining Company.
Administrative InformationReturn to Top
This Manuscript Group is divided into five series: Records of the Board of Directors and the Stockholders, 1902-1937; General Correspondence and Related Records, 1916-1937; Capital Stock Records, 1902-1936; Financial Records, 1902-1937; and Tax Records, 1916-1938.
The first series includes three minute books covering 1902-1937 except for 1914. Volume two contains only the by-laws, 1902, also contained in volume one. Also included in this series are a folder of records related to meetings -- reports to stockholders, meeting notices, and lists of stockholders -- and a folder of annual financial statements. The former runs 1915-1937 but most items are 1927-1937. The latter contains a summary of activity 1918-1927, and yearly statements 1927-1936.
The second series contains a slim folder of records relating to the 1937 merger with the Hercules Mining Company; a folder of correspondence, 1919-1937, organized alphabetically; and a folder of annual reports to the Inspector of Mines and annual statements of domestic corporations for the Idaho Department of State.
The third series includes a folder of lists of stockholders. Most of the material is from 1924 or is undated, but there is a will (dividing the shares of stockholder John L. Smith) from 1907, and a stockholders list from 1915. There are ledgers and cancelled stock certificates, all 1902-1936, and an assessment journal. This journal contains only information about assessment one in 1906.
The fourth series contains a ledger, a journal, check registers, and vouchers. Overall there is little information in this series. The ledger runs only 1902-1906, and the journal 1902-1904. The check registers provide only sparse and sporadic details of activity 1915-1936. Vouchers, 1936-1937, were kept for lack of check register coverage.
The two folders in Tax Records, the final series, both date 1916-1938, and include tax returns and correspondence. The federal file includes capital stock tax returns, 1919-1926. The state file includes tax receipts from the Shoshone County tax office, 1916-1931.
This collection, as it arrived, consisted mainly of volumes. Only a very few items were discarded. These included bank statements, paid checks, and vouchers -- which are summarized in the check registers -- and duplicate reports.
Detailed Description of the CollectionReturn to Top
Series I. Records of the Board of Directors and the Stockholders , 1902-1937Return to Top
Records relating to meetings
Series II. General Correspondence and Related Records , 1916-1937Return to Top
Records relating to merger with Hercules Mining Co.
Annual Reports and Statements, Idaho
Series III. Capital Stock Records , 1902-1936Return to Top
Lists of stockholders
Cancelled stock certificates
Series IV. Financial Records , 1902-1937Return to Top
Series V. Tax Records , 1916-1938Return to Top
Federal tax records
State tax records
Names and SubjectsReturn to Top
- 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
- Basin Mining Company