The Dakins Company was a mining partnership organized on September 1, 1938, for the purpose of purchasing the stock of the Kanaka Corporation, a California gold dredging operation. The three Dakins partners were Henry L. Day, Henry B. Kingsbury, and Max G. Smith, all of Wallace, Idaho; they had been major holders in the Kanaka Corporation and held notes on that company. Herman Marquadt of Wallace was apparently a silent partner, owning onethird of the interest which appeared in H.B. Kingsbury's name.
Dakins Company undertook dredging operations on leased properties at Wolf Creek, Champion Flats, Indian Creek, and the Sherman claims in the Grass Valley region of northern California. The superintendent was a mining engineer named R.D. MacAfee.
In September of 1939, Dakins sold its Champion Flats lease and the equipment on that claim to the Yuba Gold Recovery Syndicate; and in 1940 sold additional dredging equipment to the Parks Bar Company.
Dakins never showed a profit and was dissolved March 31, 1942, having sustained losses of $51,000 from August 1940 to August 1941.
The records of the Dakins Company span the years 1938 to 1942. Included are, financial statements, correspondence with suppliers, financial ledgers and journals, voucher and check registers, tax returns, insurance records, location notices, leases, mint reports, records of equipment sales and leasing, photographs of dredging operations, and other records.
Related materials can be found in the records of the Kanaka Corporation.
The records of the Dakins Company are divided into two series.
General Correspondence and Related Records, the first series, contains insurance records, location notices, leases, mint reports, financial statements, records of equipment purchases, sales and leasing, photographs of dredging operations, extensive correspondence with the mining engineer in charge of the properties, ore settlement sheets, tax returns, and other records. The material is arranged alphabetically by name of correspondent or subject.
The second series, Financial Records, contains a stock ledger, a cash book, check register, voucher register, and payroll records.
The records of the Dakins 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 Clay Williams in May 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.