1921 Duluth & St Louis County MN, Van Brunt.pdf - Garon.us

576 DULUTH AND ST. LOUIS COUNTY
from the state, on a royalty of 25 cents a ton of quantity mined. Fred
Lerch gives the information that Captain Cohoe "located the southeast
corner of the quarter section * * * took three hundred paces to
the north, three hundred paces to the west, and located his testpit,
which encountered ore at a total expense of ^35, a remarkably cheap
discovery, when one considers that the Missabe Mountain mine
oriqinallv had about sixtv million tons of ore, worth toda}^ about
•$100,000,000." However, the Merritt brothers "had their hands full ;"
they had more ore "in sight" than they knew what to do with, which
perhaps explains why they were willing to let a proved mine in that
early day of the Mesabi pass to another. * They leased, or sub-leased,
the property to Henry W. Oliver, through Capt. Ed. Florada, on the
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