[HM89ABT], Agreement, Sussex County Iron Co, New Jersey and Pennsylvania Concentrating Works, October 22nd, 1889

https://edisondigital.rutgers.edu/document/HM89ABT

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Title

[HM89ABT], Agreement, Sussex County Iron Co, New Jersey and Pennsylvania Concentrating Works, October 22nd, 1889

Editor's Notes

This is a contract between the Sussex County Iron Co and the NJ and PA Concentrating Works, wherein the Concentrating Works is given permission to mine on a plot of Sussex County Co land, located in Sparta Township in Sussex County, called the "Smock Tail Mine Lot." The lease is to last for twenty years. The Concentrating Works therefore have the right to erect structures on this piece of land for the purpose of mining, and the right of using the buildings already on the premises, as against the rights of the Sussex County Iron Co. The Concentrating Works must start exploring within a year of the signing of the contract. The Concentrating Works must pay 20 cents for each ton of iron ore that it mines on the Smock Tail Mine Lot. This payment is to last for at least the first one thousand tons of concentrated iron ore or minerals that are extracted, and the Works are to further pay fifty dollars per quarter whether they have actually mined ore or not, yet on balance, the Works are not to pay for more than twenty thousand tons of mined iron ore over the twenty year period, unless they have in fact mined more ore than that number. By way of measuring the amount of ore removed, the Works are to take their iron to the concentrating works at Ogden, weigh their ore, and keep a record. Their books and records are to be at all times open to inspection by the Sussex Co. The Concentrating Works is to pay taxes due on the land for the township of Sparta for the term of their indenture. If the Concentrating Works wishes to terminate the contract, it can give thre months notice and then shall have the right to remove all buildings and machinery introduced, provided that they have paid all their dues and royalties, etc. The Concentrating Works are constrained to operate the mines in a safe and "workmanlike" manner, using timbers and ore pillars, etc. to ensure the stability of their mines in the future. The Concentrating Works are to further remove all iron ore from their vein which analyzes twenty per cent of metallic iron.

Date

1889-10-22

Type

Folder/Volume ID

HM89-F

Microfilm ID

144:338

Document ID

HM89ABT

Publisher

Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
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