Rensselaer Republican, Volume 14, Number 6, Rensselaer, Jasper County, 27 October 1881 — The Late President’s Mining Stock [ARTICLE]

The Late President’s Mining Stock

New York Son. ..... Not the least valuable of the late President’s, possessions are one thousand shares of the stock of a mining company of San Francisco,the present market value of which i 5520,006. The mine b situated iu Arisons, and b one of the most valuable silver mines in that territory. It b in Pioneer district, Pinal county, about fifty *thjJes from the Southern Pacino rail way. The thine Was developed and Is chiefly o.wnfed dj Col. JanqeS M. Bar Hey, of Yuma, 4 pioneer merchant of Arizona ana formerly the heaviest freighter for the government in tljat territory. §ome four or five years ago Cpl. Rockwell, the devoted attendant of the late president. WftS stationed at Yuma, and became the intimate friend of Colonel Barney/ When-the latter bought the Silver King mine he .gave Col. Rockwell the opportunity of pldoing a large fiumbjftc or shafeo among his friends THb latter placed several thousand among his brother officers, and Glen. Garfield, then a member of Congress. 1 was induced to take 1,000 shares at 15 a share. The stock has already paid Die late President $7,500 in dividends, and is now worth in tbe market S2O a share. The late President eaoh year sent his proxy to be voted by Col. Barney in San Fancisco. Mrs. Garfield will still receive an income of $3, 000 a year frem dividends on the Silver King stock.