The Montezuma Copper Mining Company of Santa Fé, New Mexico was incorporated (1861) in the American Territory of New Mexico for the purpose of mining precious metals, industrial metals, and coal in the counties of Santa Ana, Santa Fé, San Miguel, and Rio Arriba.
Corporate members were: Oliver P. Hovey, Anastacio Sandoval, Hamilton G. Fant, Tomás Cabeza de Baca, Ceran St. Vrain, Nicolas Pino, A. P. Wilbar, Francisco Lopez, S. J. Spiegelberg, José Manuel Gallegos, H. B. Sweeny, Mateo Sandoval, Joseph Seligman, Felipe Delgado, Levi Spiegelberg, Francisco Montoya, Richard Jenkins, José Guadalupe Gallegos, Edward Wise, Andrés Sandoval, George C. Miller, Francisco Sandoval, M. Ashurst, Juan María Baca, Gabriel Rivera, William A.
Street, José Pablo Gallegos, James Hubbell, Felix Garcia, James L. Collins, José Leandro Perea, John S. Watts, Faustin Baca y Ulibarri, Miguel Sena y Romero, and Sidney A.
[2][3] The Spiegelberg brothers were also associated with the Willison Mining Company, as members of the board of directors, in 1872.
It has been reported that Lehman Spiegelberg may have acquired the San Marcos Pueblo grant because of his interest in copper mining.
It has been written that the Spiegelbergs were probably familiar with Indian agent William F. M. Arny's reports[4] and newspaper articles on minerals in the area following his 1868 travels through Ute-controlled Tierra Amarilla, where he came into contact with mining parties.
Indian agents served as active promoters for mining development in New Mexico.
[5] In 1863 Richard Jenkins, chief engineer of the operation, published the Report of the Montezuma Copper Mining Company of Santa Fe, New Mexico.
President: Ephraim Marsh; Vice President, B. G. Clarke; Secretary and Treasurer, David S. Dodge; Chief Engineer, Richard Jenkins; Directors, Ephraim Marsh, Benjamin G. Clark, Jos.
[7] An Act to Incorporate the Montezuma Copper Mining Company of Santa Fé, New Mexico.
The said company shall have power in any lawful manner, whether by purchase, lease, donation, or license, to acquire, own, possess, use and enjoy any real or personal estate in the counties of Santa Ana, Santa Fé, San Miguel, and Rio Arriba, in the said Territory, and on and with the same to carry on and conduct the business of mining for copper, lead, gold, silver, tin, iron, or coal; and such real or personal estate, or any part or products of the same, to sell, lease, exchange, or in any other lawful manner to dispose of.
...That for the purpose of the first election, and for the discharge of other general business, the said stockholders shall hold their first meeting at Santa Fé, in said Territory, on the last Thursday of January, A.D. 1861, and in such first election each stockholder shall (in person, or by proxy in writing) be entitled to cast one vote for each share of stock by him subscribed and holden.
That in every meeting of the stockholders of said company, such a number of stockholders present, in person or by proxy, as shall own or represent one-half of the whole capital stock, shall be sufficient to constitute a quorum to do business: Provided, that the said company may by its by-laws limit the powers of such quorum or require a larger representation of the capital stock for particular purposes in such by-laws to be defined.
That in case the said company shall not, on or before the 31st day of December, A.D. 1862, have duly organized in conformity with the powers granted to it by this act, then it shall be considered to have forfeited each and all of the powers, privileges, rights and immunities granted to it by this act.