On August 24, 1943, the King Mining Company was formed, consolidating fifteen properties north of Mullan and east of Burke, Idaho. These properties included 176 patented claims -- encompassing 3177 acres, three mill sites, thirty-five unpatented claims, and a sixteen acre tract of land. John Wourms chaired of the meeting and Wallace Sanford kept the minutes. Attending were Roy W. Anno, Henry Buhrmester, and H.V. Kiebert. Anno nominated the others to act as the first official members of the board.
Following the incorporation meeting, the first board meeting was held to elect officers. Anno was named president; Kiebert, vice-president; Sanford, secretary-treasurer; Paul Jessup, Comptroller, and Wourms, attorney. The company, according to the minutes (p. 11), "...was organized for the purpose of acquiring a group of mining claims or properties in Lelande and Hunter Mining Districts, owned by various corporations, and that under the plan of reorganization, shares would be issued for the purpose of these concerns in the following amounts:"
At the next meeting, held March 1, 1945, new directors were elected. These included, Henry Day, F.M. Rothrock, and W.N. Sanford. R.W. Anno was elected president and Henry Buhrmester, vice-president. The board meeting followed: Henry Day was elected president and manager, and F.M. Rothrock vice-president. The only other order of business was accepting a $3,000 loan from the Hercules to pay-off the company's liabilities.
At the final meeting of the Directors, on June 18, 1947, the decision was made to consolidate King Mining Company with the Hercules and ten other companies, creating Day Mines Incorporated.
The records of the King Mining Company span the years 1908 to 1961, with the bulk of the material covering the years 1943 to 1947. Included are meeting minutes, correspondence, stock records and financial records
See Henry Day's Personal Papers for more records relating to King Mining Company.
The records of the King Mining Company fall into four series: Records of the Directors, General Correspondence, Capital Stock Records, and Financial Records. The first series reflects activities of the board of directors and the stockholders. The second series contains correspondence, several items of which pre-date this company by many years, and a few which postdate it. The bulk of the third series, capital stock records, are stock transfer sheets, organized alphabetically. The final series contains the scant financial record of this company: a check register and a voucher register. Removal of returned proxy notices, and cancelled and nonissued stock certificates reduced the bulk of this collection by 1.5 cubic feet.
The records of the King Mining Company are part of the records of Day Mines, Inc., donated to the University of Idaho by Henry Day in 1984 and 1985.
Initial processing of this manuscript group was done by Marilyn Sandmeyer in June 1987.
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.