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Holograph Letter On The Letterhead Of The California Mining Company, Castle, Montana, 5/22/1893 N. E. BENSON

Holograph Letter On The Letterhead Of The California Mining Company, Castle, Montana, 5/22/1893

N. E. BENSON

Other works by N. E. BENSON

Publication: N E Benson, Secretary of the Castle Mining Company, 1893, Castle

8 1/2" x 10 1/2" one and one-half page letter written in ink. Benson is the Secretary of the California Mining Company and one of the company's five trustees and he addresses the letter to a Mr. T. P. Bowman, a banker of Helena, Montana. "Dear Sir - I have received notice from the Bank at White Sul Springs that they have the $400.00 note there for collection. The last time I saw you in relation to this matter I felt sure that I would have the money as I told you to pay it, but it did not come for some time, and when I did get it was compelled to use it to secure my interest in the California mines. I never paid off all the claims on that property that I ought to pay and now own it. But I propose to give all of those who own stock in that co. to pay 3 1/2 cents per share or $35.00 per thousand and retain their interest." He goes on further to say "If you want to retain your interest you can give us credit on this note for whatever your assessment will amount to and I will pay you the balance as soon as I can. Which will not be later than July or August. I hope you will not put us to any unnecessary trouble or expense in connection with it. You are sure to get your money. But it is so hard to collect money I am not able to meet all bills and I would like to - Let me hear from you." In effect Mr. Benson will pay the banker his money, but it will be in the future, not the present. Very good copy of an interesting letter on California Mining Company stationery concerning mining and some financial problems.

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