ɐ mˈaɪnɪŋ kˈʌmpəni kˈɔːld ðə mˌɔntɪzˈuːmə sˈɪlvɚ mˈaɪnɪŋ kˈʌmpəni,  fˈɔːɹmd ɪn wˈʌn θˈaʊzənd ˈeɪthˈʌndɹɪd nˈaɪnti wˈʌn, hˈɛld lˈiːsᵻz ɪnðɪ ˈɛɹiə sɚɹˈaʊndɪŋ ðə fˈɔːlz.
A mining company called the Montezuma Silver Mining Company,  formed in 1891, held leases in the area surrounding the falls.