Charles L. Tutt arrived in Cripple Creek in 1892 and from the outset was active in mining, real estate, and stock brokering. After scouting the northeastern part of the District, he bought the C.O.D. Mine in Poverty Gulch. Tutt operated the C.O.D. with Spencer Penrose for two years, then sold it to a French consortium for $260,000. His real estate ventures also met with success, and in 1897 he leased this building to the Miller-Young Brokerage Company. In 1899 alone, Miller-Young played a part in the sale of 236 million shares of mining stock, valued at $34 million. By 1901, Miller and Young outfitted their offices with call boards, private conference rooms, and a finely stocked bar, and the call boards ran private wires to the Colorado Springs, Pueblo, Denver, Chicago, and New York stock exchanges.