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Discovery Mining Company records, 1916-1996

Overview of the Collection

Creator
Discovery Mining Company
Title
Discovery Mining Company records
Dates
1916-1996 (inclusive)
Quantity
0.5 linear feet, (2 boxes)
1 volume
Collection Number
2499
Summary
The Discovery Mining Company Records consist of stockholder proxy forms from 1923-1980, correspondence, company receipts, photos, tax forms, leasing inquiries, other miscellaneous documents from 1923 to 1980, and volume of the original company stockholder registrations.
Repository
Montana State University Library, Merrill G. Burlingame Special Collections
Montana State University-Bozeman Library
Merrill G Burlingame Special Collections
P.O. Box 173320
Bozeman, MT
59717-3320
Telephone: 4069944242
Fax: 4069942851
Access Restrictions

This collection is open for research.

Languages
Collection materials are in English
Sponsor
Funding for encoding this finding aid was provided by a grant from the National Endowment for the Humanities
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Historical Note

The Discovery Mining Company was a shareholder-owned gold mining operation located in the New World Mining District near Cooke City, Montana, although there is no evidence that the claims were ever actually worked while the company was in existence. The Discovery Company was a continuation of the Eastern Montana Mining and Smelting Company, an operation established in 1876 and which consolidated many earlier claims in the area, including the Fire Clay, Rising Sun, Uncle Sam, Alta California and Magnetic Iron. The Eastern maintained a mill and smelter at Soda Butte, but it was abandoned sometime around the turn of the century and the structures had been destroyed. In the early twentieth century, the mineral deposits held by the Eastern were still thought possible to be profitably exploited, and the Discovery Company was formed in 1916 to raise capital for that purpose. However, as the decades passed shareholders found their investments were primarily used for paying the taxes and administrative fees for the various claims held by the company and the smelter and mill were never rebuilt. For many years the company's secretary was Bozeman attorney Eugene F. Bunker who handled much of the correspondence preserved in these records. The Discovery Mining Company was officially disbanded in 1996.

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Content Description

Discovery Mining Company records consist of stockholder proxy forms dating from 1923-1980. There are multiple samples of both blank and filled-in forms from meetings held in 1923, 1930, 1948, 1954 and 1980. Other materials include company receipts, photos, tax forms, leasing inquiries and other miscellaneous documents from 1923 to 1980 that deal directly with the business transactions of the Discovery Mining Company. In addition there are documents that provide thumbnail sketches of the company's history including its creation and its attempts to lease the claims it controlled to other mining interests. There are nine undated photographs of the claims as well. Correspondence, dating from 1917 to 1973, consists mostly of letters between stockholders and company officers. Inquiries as to the value of the stock, work on mining claims, sale of stock and transferring of stock are common.

Also included in the correspondence is information on the stockholders themselves, many representing prominent Bozeman families, and their lives and memories of growing up and living in the Bozeman area in the late 19th and early 20th centuries. One large volume of the original company stockholder registrations is supplemented by a folder of several supplementary listings, and the records also include a booklet of stock certificates. Many of the shareholder lists are hand written and show names, addresses and number of shares purchased. The first stock sold was to E.D. Ferguson on July 5, 1916. Several of the stockholders were the sons and daughters of Bozeman's earliest settlers including members of the Alderson, Willson, Vreeland, and Mendenhall families.

The collection also contains correspondence related to the sale and liquidation the company in the 1990s. This correspondence includes letters with remaining shareholders to divide payments of he company's remaining assets as well as correspondence regarding the sale of the company's mining claims, assets, and mill site to Noranda Exploration Inc.

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Use of the Collection

Preferred Citation

[Creator Name], [Date of Creation], [Brief Description of Object], Folder [#], Box [#], [Collection Name], [Collection #], Montana State University (MSU) Library, Bozeman, MT

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Administrative Information

Acquisition Information

The Discovery Mining Company records were donated to Montana State University by Mrs. Dolly Smith of Bozeman, Montana on August 24, 2007. An addition of files related to the liquidation of the Discovery Mining Company were donated by by Sue Smith as executor of the Mary Ellen Smith Estate along with her brother, Gregory Orton Smith on May 17, 2023.

Processing Note

This collection was processed 2008 August 4. The 2023 addition to the collection was incorporated as box 2 in 2024.

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Detailed Description of the Collection

  • Description: Proxy Forms
    Dates: 1923
    Container: Box 1, Folder 1
  • Description: Proxy Forms
    Dates: 1930
    Container: Box 1, Folder 2
  • Description: Proxy Forms
    Dates: 1948
    Container: Box 1, Folder 3
  • Description: Proxy Forms
    Dates: 1954
    Container: Box 1, Folder 4
  • Description: Proxy Forms
    Dates: 1980
    Container: Box 1, Folder 5
  • Description: Mining Lease and Company Documents
    Dates: 1923-1980
    Container: Box 1, Folder 6
  • Description: Correspondence
    Dates: 1917
    Container: Box 1, Folder 7
  • Description: Correspondence
    Dates: 1920-1929
    Container: Box 1, Folder 8
  • Description: Correspondence
    Dates: 1928-1941
    Container: Box 2, Folder 1
  • Description: Correspondence
    Dates: 1930-1939
    Container: Box 1, Folder 9
  • Description: Correspondence
    Dates: 1940-1949
    Container: Box 1, Folder 10
  • Description: Correspondence
    Dates: 1950 - 1954 May
    Container: Box 1, Folder 11
  • Description: Correspondence
    Dates: 1954 June - 1959
    Container: Box 1, Folder 12
  • Description: Correspondence
    Dates: 1960-1969
    Container: Box 1, Folder 13
  • Description: Correspondence
    Dates: 1970-1979
    Container: Box 1, Folder 14
  • Description: Correspondence Regarding Sale and Liquidation of the Company
    Dates: 1990-1996
    Container: Box 2, Folder 3-6
  • Description: Blank Stock Forms
    Container: Box 1, Folder 15
  • Description: Stockholder Lists
    Container: Box 1, Folder 16
  • Description: Stock certificate booklet
    Container: Box 1, Folder 17
  • Description: Shareholder record book
    Container: Volume 1
  • Description: Receipts for Harry Smith
    Dates: 1934
    Container: Box 2, Folder 2
  • Description: Articles of Incorporation and Documents Regarding Sale to Noranda Inc.
    Dates: 1989-1992
    Container: Box 2, Folder 7

Names and SubjectsReturn to Top

Subject Terms

  • Gold mines and mining
  • Gold mines and mining--Montana--Park County
  • Mining corporations-Montana

Personal Names

  • Bunker, Eugene F., 1888-1956

Geographical Names

  • Bozeman (Mont.)
  • Montana

Form or Genre Terms

  • Business records--Montana
  • Photographs
  • Photographs
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