In July 1930 , Kruttschnitt took a position for ASARCO in Australia as general manager of Mount Isa Mines Ltd , Queensland . It is probable that it was described as a short term position . However the company was close to bankruptcy . After an agreement by ASARCO to make a million dollar loan to Mount Isa Mines Ltd , the mine and smelters began producing their first lead bullion in mid 1931 . Under Kruttschnitt 's management , it would take six years until the mine cleared a profit in 1937 largely due to worldwide ore prices and the need for better extraction and milling methods , and another ten before dividends were paid to investors . Kruttschnitt was well liked by the mine 's employees , as he took an interest in providing better housing for employees and their families and improving community relations , while General Manager . Kruttschnitt was appointed a director of Mount Isa Mines Ltd in 1931 . He was later appointed chairman of the board in 1937 , remaining in the role until 1953 when he retired as chairman . He continued on the board until 1967 . His wife Marie ( née Pickering ) , also had a popular role in the Mt Isa community . She was active in the Country Women 's Association , the Australian Inland Mission and , during the start of World War II , in the Australian Comforts Fund . She died on 4 September 1940 from pneumonia ; her body was returned to the USA for burial . In March 1941 , a women 's club which she had a major role in establishing was named the Marie Kruttschnitt Club in her memory . In 1944 , he married his secretary Mrs Edna May Roger ( née Maxted ) in a private ceremony with Presbyterian rites at his home in Mount Isa . They moved to Twigg St , Indooroopilly in Brisbane after his retirement in 1953 . This home was inundated by floodwater during the Brisbane floods of 1974
Brisbane floods
1974 Brisbane flood
Julius Kruttschnitt II