THE PRINCESS 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 Princess Mining company are the owners of the Mollie Bell lode on Raven hill, adjoining the Elkton, and owns on Beacon hill the Little Mildred and Grey Eagle claims.

During the past year there has been a lease in operation on the Mollie Bell under Messrs. Clements and Osborne, who are also operating a lease on the Tornado, belonging to the Elkton company.

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

Name: PRINCESS G. M. CO.
Capital: $1,000,000; par value, $1; 10,000 shares and $800 cash in treasury.
President: V. Z. Reed
Vice-President:
Secretary: O. H. Shoup
Treasurer:
Superintendent:
Manager:
Office/Contact: 62 and 63 Bank Bldg., Colorado Springs . Registered with International Trust Co.; office, 111 E. Kiowa St., Colorado Springs.
Lessees:
Description/Note: No deep workings; considerable prospecting. Greatest depth attained 180 ft. One lease on Grey Eagle. Company doing no work at present. Company has paid out $45,000 to stockholders from sale of property. See Plats U, G, F.
Owns: 1. Mollie Bell, 10⅓ acres, on Raven Hill, in N. E. ¼ Sec. 30;
2. Grey EagleGray Eagle, 2½ acres, on Beacon Hill, in S. E. ¼ Sec. 25, and
3. Little Mildred, 9.476 acres, on Beacon Hill, in N. E. ¼ Sec. 25, all patented.

The Princess Gold Mining Co. belongs on a selected list, by no means complete, of low-priced Cripple Creek stocks, with the latest published information as to location, acreage, capitalization, and approximate present price being: Raven Hill, Beacon Hill, etc., Cripple Creek: 22 acres; capital, 1,000,000 shares; par value, $1, stock in treasury, 10,000; price, 6 cents.
The low-priced stocks are usually sold in "board lots" of not less than 1,000 shares. Smaller lots are also not readily salable. Shares in the Royalty can be obtained in lots of not less than 500.