Manuscript Group 253
1.5 cubic feet
The records of the Gertie Mining Company are part of the records of Day Mines, Inc., donated to the University of Idaho by Henry Day in 1984 and 1985. Processing of this manuscript group was completed by Judith Nielsen in July 1991. Funds for processing were provided by the National Historical Publications and Records Commission, the U.S. Department of Education HEA Title II-C "Strengthening Research Library Resources" program, the Library Associates of the University of Idaho and other donors.
The Gertie Mining Company was incorporated in the State of Washington on November 12, 1900, and licensed as a foreign corporation in the state of Idaho. The first meeting of the Board of Trustees was held on November 13 in Spokane. At that meeting Edward Ehrenberg was elected president, treasurer, and general manager, M.J. Maker, vice president, and John H. Travers, secretary. James H. Harvey and John Harvey were absent. The company purchased from Ehrenberg the Gertie and Iron King lode mining claims situated in the Leland Mining District, near Burke, Shoshone County, Idaho in consideration of the entire stock of the company which he then distributed to the other trustees, returning 209,000 shares to the treasury; Ehrenberg retained 285,000 for himself. In 1901 the mining claims were patented. Development continued for several years with those doing the work being paid in stock, 100 shares for each lineal foot. Remaining treasury stock was eventually sold to pay off indebtedness.
In 1906 L.W. Hutton became President; he replaced Ehrenberg as general manager the following year. In December 1908 the capital stock was increased from 1,000,000 to 1,500,000 and was increased again in 1914 to pay for continued development
In 1919 Eugene Day was elected to the Board of Trustees. About this same time development work on the Gertie property was discontinued when the shareholders determined that there was no commercial ore apexing in their property.
At the Board of Trustees Meeting on September 14, 1920 a contract with Eugene Day was approved allowing for the conditional sale of the right to connect with and use the main cross-cut Gertie tunnel, equipment, and machinery for access to the Maher-Hearn group of claims owned by Eugene Day and his associates. In November 1920 the Marsh Mining Company requested a 30 day use of the Gertie tunnel.
In 1924, L.W. Hutton -- disposing of his holdings in the company -- presented a bill for the $11,852.85 he had loaned it since 1917. As a result, the remaining 68,000 shares of treasury stock were offered for sale to pay this indebtedness.
At the October 14, 1924 stockholders meeting were F.M. Rothrock, John Wourms, W.B. Heifer, and August Paulsen, each owning 1,000 shares. The Hercules Mining Company owned 1,805,525 shares. Directors elected at that meeting were August Paulsen, E.E. Flood, F.M. Rothrock, W.B. Heifer, and John Wourms. At the trustees meeting immediately following, Paulsen was elected president; Heifer, vice president; and Rothrock, secretary-treasurer. By 1925 Jerome Day was also a stockholder.
On December 20, 1943 the directors, F. Wallace Rothrock, Frank M. Rothrock, John H. Wourms, Henry L. Day, and Clarence Paulsen, met to consider the sale of the Gertie to King Mining Company. On January 10, 1944 the shareholders approved the sale to King Mining Company for 75,000 shares of capital stock at the par value of ten cents per share. At the time of dissolution the Gertie had 3 patented claims, the Calumet, Gertie, and Iron King, encompassing 42.683 acres.
The records of the Gertie Mining Company span the years 1900 to 1944. Most of the records date from the last 15 years of that period. Included are minutes of meetings, correspondence, stock and financial ledgers, reports to various regulatory agencies, and income tax returns.
Related materials can be found in the records of the King Mining Company.
There are five series in this manuscript group: Records of the Board of Directors and the Stockholders, 1900-1944; General Correspondence and Related Records, 1918-1944; Capital Stock Records, 1906-1944; Financial Records, 1900-1944; and Tax Records, 1931-1944.
The first series contains a minute book and two folders of records related to meetings. The minute book covers the entire life of the company. The folders reflect activity only from 1933 to 1944.
The second series contains general correspondence, notices of meetings, lists of claims, and reports government agencies. Also included is a folder of correspondence dealing specifically with the dissolution of the Gertie Mining Company and the conversion of Gertie stock to stock in the King Mining Company.
Capital Stock Records, series three, contains a stock ledger but no stock journal. For this reason extant stock certificates were preserved, though many are missing. Also included here are lists of stockholders, but only from after 1930.
Financial Records, the fourth series, includes ledgers and a journal covering company activities from 1900 to 1930; check registers for nearly the entirety of the company's existence; and annual reports and statements for 1931 to 1934.
The final series contains federal and state tax returns, along with related correspondence, and records relating to capital stock tax. There are no tax records prior to 1931.
Removal of returned notices and proxy statements, vouchers, paid checks and bank statements, returned dividend checks, and duplicate materials reduced the bulk of this collection by 1.5 cubic feet.
Box I. Records of the Board of Directors and the Stockholders, 1900-1944 1 II. General Correspondence and Related Records, 1918-1944 1 III. Capital Stock Records, 1906-1944 1 IV. Financial Records, 1900-1944 1-2 V. Tax Records, 1931-1944 2
Box Folder Description
1 1 Minutes, 1900-1944 2-3 Annual and special meetings: minutes, stock lists, proxies, etc, 1933, 1944
4 General correspondence, 1918-1944 5 Correspondence, Gertie-King stock transfer, 1944 6 Notices of meetings, 1943-1944 7 List of claims, 1931 8 U.S. Bureau of Mines reports, 1934-1940 9 Wage and Hour Division report
10 Stock ledger, 1906-1944 11-13 Cancelled stock certificates, 1907-1944 14 List of stockholders, 193?-1943
15 Day book, 1900-1908 16-18 Financial ledgers, 1900-1930 19 Financial journal, 1913-1930 2 20-24 Check registers, 1908-1944 25-26 Annual reports and statements, Idaho, 1931-1944 27 Census of Mines and Quarries, 1929 28 Idaho Mining Association reports, 1937-1940 29 Invoices from Hercules Mining Co., 1929-1931 30 Financial statements, 1932-1944
31 Capital Stock tax, 1933-1944 32 Federal tax records, 1931-1944 33 Idaho tax records, 1931-1944