Archives West Finding Aid
Table of Contents
- Overview of the Collection
- Content Description
- Administrative Information
- Detailed Description of the Collection
- Names and Subjects
Benton Mining Company Records, 1894-1920
- Benton Mining Company
- Benton Mining Company Records
- 1894-1920 (inclusive)18941920
- 1 cubic foot
- Collection Number
- MG271 (collection)
- Records relating to meetings of the stockholders, correspondence with stockholders, stock ledgers and journals, assessment records, invoices, a cash book, payrolls, and income and property tax 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 Benton Mining Company of Wallace, Idaho, originally consisted of five unpatented claims, Ward (1901), Silver Chief (1894), Dump, Darlington, and Benton (all registered in 1899), in the Lelande District of Gorge Gulch, a quarter of a mile from Burke. It adjoined the Stanley and Moonlight mines. In 1916 the company purchased from Trade Dollar Mining Company the Trade Dollar, Truax, Bad Axe, Lilly, Eureka, and Silver Dollar Claims. The company was originally incorporated February 14, 1903, and reincorporated April 19, 1920. The 1920 capitalization was 1,500,000 shares with a par value of $1.00 per share.
The mine was developed by John Callahan, president until 1924 when he was succeeded by Mary Callahan. Development of this lead-silver and zinc mine consisted of approximately 1500 feet of tunnels and a 200 foot shaft. Money for development was raised through stock assessments. In addition to the assessments mentioned in these papers there were assessments March 31, 1923 (3 mills), March 29, 1924 (2 mills), March 28, 1925 (2 mills), and April 30, 1928 (3 mills). The plant consisted of an electrically driven hoist and two drill compressors. Development work in 1922 resulted in a very encouraging showing and in 1923 the original five claims were patented. By 1927 the largest of the six tunnels was 2500 feet long. It was lengthened during the following years but by 1930 the mine was idle. The mine remained inactive until 1967 when, under the direction of R.J. Bruning, president, an agreement was reached with the Silver Dollar Mining Company to do exploration work. The mine was active through 1970 when it again lapsed into inactivity.
The 1967 Report to Shareholders is among L.C. Gaffney's papers "Miscellaneous Financial Materials (folder 24)
Although never part of Day Mines, Incorporated, that company owned 54,480 shares of Benton, as shown in a 1972 report filed with the Securities and Exchange Commission.
Content DescriptionReturn to Top
The records of the Benton Mining Company span the years 1894 to 1920, with the bulk of the material covering the years 1903 to 1916. Included are records concerning meetings, financial statements, correspondence with stockholders, stock ledgers and journals, assessment records, lists of stockholders, a cash book, assay certificates, correspondence concerning accidents and insurance, and tax returns.
Administrative InformationReturn to Top
The records of the Benton Mining Company are divided into seven series.
The first series, Records of the Board of Directors and the Stockholders, includes proxy statements, votes, and notices and reports of meetings.
General Correspondence and Related Records, the second series, contains contracts and escrow agreements, and correspondence from stockholders.
The third series is Capital Stock Records. Included are a stock ledger and journal, an assessment register and receipt books, and a stock audit.
The fourth series, Financial Records, contains bank statements and paid checks, invoices bills and receipts, and a cash book.
Series five, Ore Production and Shipment Records, contains assay certificates.
Personnel Records, the sixth series, includes payrolls and correspondence concerning insurance and accidents.
Tax Records, the final series, consists of income tax returns and property tax receipts
Removal of cancelled stock certificates, returned assessment notices, vouchers, and duplicate materials reduced the size of this collection by one cubic foot.
Detailed Description of the CollectionReturn to Top
Series I. Records of the Board of Directors and the Stockholders , 1906-1920Return to Top
Records relating to meetings
Series II. General Correspondence and Related Records , 1894-1916Return to Top
Records relating to claims
Series III. Capital Stock Records , 1903-1916Return to Top
Assessment registers, 1911-1913; assessment receipt book, 1916
Series IV. Financial Records , 1904-1919Return to Top
Invoices, bills, and receipts
Series V. Ore Production and Shipment Records , 1913-1915Return to Top
Series VI. Personnel Records , 1914-1918Return to Top
Accident and insurance records
Series VII. Tax Records , 1912-1916Return to Top
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
- Benton Mining Company