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Michigan Crystal Falls
Early in 1880 the Maltby Bros, and Ephraim Coon took an option on that portion of section 20, township 43, range 32, which is now known as the old Crystal Falls Mine, and worked it until October of the same year, when they surrendered the option to Messrs. Geo. Runkel and S. D. Hollister, Sr., who represented outside capital. Mr. Coon, in company with others, also worked what since proved to be a mine, though of short life, namely, the Fairbanks, on section 21, and which was purchased from them by Messrs. Fairbanks and Head, with others, of Chicago. It is the opinion of many that a good deposit of ore still remains untapped on the Fairbanks location. The Crystal Falls Iron Company, which was organized in March, 1881, has expended a vast amount of capital on the Fairbanks and other properties here, and it is hardly reasonably to suppose that they will let their properties at this place lie in idleness any longer than is necessary under the present depression in the iron market.
Upper Michigan
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