Corporate History of the Arizona Asbestos Association, with Its 1922 Land Patent (c. 1942)

A five-page typed history of the Arizona Asbestos Association, the company that owned the chrysotile mining claims at Chrysotile, Arizona, followed by a two-page copy of a U.S. land patent for its claims signed in the name of President Warren G. Harding on January 4, 1922. The history runs from a trust agreement of June 30, 1914, through incorporation in December 1915, a contract of January 25, 1916, to sell its fiber exclusively to the H. W. Johns-Manville Company, J-M's purchase of most of its stock in 1917-1918, and its boards of directors to 1930, when Lewis H. Brown was president. The property was conveyed to Johns-Manville Products Corporation by deed of June 15, 1932, and the association was dissolved on August 30, 1932.

What it shows

The history says the Arizona property was not in regular production from 1932 to 1941, that large-scale mining resumed in 1940, and that a mill for shorter fibers built in late 1941 and early 1942 "is now in full operation," which dates the history to about 1942. For production and the cost of reopening the mines, see Johns-Manville Products Corporation, Chrysotile (Arizona) Mines Fiber Production and Reopening Costs (1943).