THE GOLDEN TERRY MINING CO.

In the early part of the year 1901 The Reed Investment Company, of which Mr. Verner Z. Reed is president and O. H. Shoup secretary, adopted a policy of working the properties which they controlled by the leasing system.

They were among the first to inaugurate a longer time lease with a lower royalty, so that on all the properties which they control, there has been active development work carried on during the past year by lessees.

The Golden Terry Mining company are the owners of the Golden Terry and the Ruby claims, located on Carbonate hill, and during the past year the property has been worked by a lessee.

A tunnel was driven into the hillside 225 feet in length and then in addition thereto about 100 feet of drifting was done. From the bottom of the drift a winze was sunk forty feet in depth on a vein about three feet in width which showed values as high as $18.00.

Company is active or promise to be active trader on various exchanges.

Name: GOLDEN TERRY M. CO.
Capital: $1,250,000; par value, $1; 199,995 shares and $200 cash in treasury.
President: A. B. Williams
Vice-President:
Secretary: O. H. Shoup
Treasurer:
Superintendent:
Manager:
Office/Contact: 63 Bank Block, Colorado Springs. Registered International Trust Co.; office, 111 E. Kiowa St., Colorado Springs.
Lessees:
Description/Note: Deepest shaft 100 ft. See Plats A, S.
Owns: 1. the Golden Terry, 7.221 acres, and
2. the Ruby, 9.418 acres, in S. W. ¼ Sec. 7, T.15, R.69, patented.