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Show I f January 5, 1970 OIL & MINING JOURNAL Page 4 Crown Development changes name, installs new officers and directors directors are Larry K. Nicholson, Hayward, Calif., president and director; Jack Schneider, New and York City, director, Joe R. Mallory, Alvin, and C.R. Texas, Schroeder, Burlingame, Calif., and director. secretary-treasur- At the annual shareholders meeting of Crown Development Corp., a Nevada corporation, in Las significant Vegas, vice-preside- amendments to the articles of incorporation were made, directors were elected, and the shareholders received a detailed report on the progress of the company during the past year. Amendments included a change in the corporate name to Crown International ' and an increase in authorized capital to 10 million shares at SI per share par value. The officers new vice-preside- nt nt, er During the past- - year the company has risen from virtually a status to a position of no-ass- et substantial holdings, the management told shareholders. An audit as of June 30, 1969, recently completed by Touche Ross & Co., discloses assets of and properties and companies offering diversification for growth and profit. The of developing its own motel a shareholder equity of chan under the name American approximately $1.7 million. At Host Inns. the time of the shareholders Because of the rapid growth $2.7 million and approximately of the meeting there were 1,888,175. A current, professional appraisal shows the replacement value in excess of $3.5 million, the company asserts. publicly-trade- Host, d and. confidence in the prospect of corporation the companys continued success and growth. changes since June significant management said it intends to have an interim audit 30 th, of Dec. as All shareholders were urged to forward their, old certificates 1969. 31, Management anticipated the statement would be distributed Crown has other substantial holdings in its investment portfolio including a controlling interest in the common stock of American management expressed shareholders by Corporation for to the mid-Februa- of Crown Development 1970. ry Crowns management intends to continue an active and a small, corporation, recently engaged in the process search persistent for unique exchange into new certificates of Crown International by mailing them to Stock Transfer Department Post Office Box 916, Unibn" City, Calif. 94587. Big Mike Mine operations under way in Nevada were scheduled to begin Monday, Dec. 29, at the Big Mike Copper Mine near Winnemucca, Nev., according to Dave Hogan, general manager for Ranchers Exploration and Development Corp. Stripping Dravo Corp. of Bellevue. Wash. Hogan said the establishment of shipping facilities at a railroad siding in Winnemucca will be completed as soon as possible. High grade ore will be trucked from the mine site 30 miles south of Winnemucca in Pershing County. It will be moved by rail to Stockton, operations He said a contract for the work has been awarded to the from there overseas to processors. Trucking of the ore to Winnemucca is expected to start the latter part of March. County commissioners in Pershing and Humboldt counties have indicated that the gravel road to t December 10, 1969 NEW ISSUE A aa ft MB i t - V. 1 ' M . i. . "V ki Vi, : : Do You Want , INVESTMENT SECURITIES Members Salt Lake Stock Exchange - 120,000 shares TACO r'" ' ; t- - produce approximately 5,000 tons of copper annually from an ore ' i to expected the mine will be improved to Thta nnminccramt h neither cn offer to mH nor a mllcRition of often to buy any of Am MctuiUMa The ottering ie made only by the Offering Ctaulu. body of approximately 636,000 short tons of sulfides and oxides. Ranchers expects to ship some 100,000 tons of ore overseas. Ranchers and Cerro Corp. have entered into an agreement to conduct a joint exploration program on 1,200 acres of claims adjoining the Big Mike. Ranchers home office in Albuquerque, N.M. Its office for the Big Mike Mine is at 620 Melarkey St.) Winnemucca. The company has mining properties in New Mexico, Arizona and North Carolina. handle heavy ore trucks. A mill to process lowere grade ores will be constructed at the mine, as well as a leaching facility. The mill is expected to go on stream early next fall. The open pit mine is Calif., and will be taken by ship CRAIGS TACO INDUSTRIES, INC. Your Stock T ransferred INVEST WITH OUR MARKET SPECIALISTS OVER-THE-COUNT- ER Manhattan Transfer Salt Lake City 2000 Univ. Club Bldg. 136 L South Temple 1 Phone: 359-551- 1 364-197- COMMON STOCK ($0.01 Far Value) Phone: Transfer agents for: CLASSIC EBONY WYCO Provo 163 N. Univ. Ave. Phone: 7 Las Vegas .1721 L Charleston Blvd. 374-825- 384-299- 5 I tow? Price: $2.50 per share i it Copies of the Offering Circular may be obtained from (he Underwriter only in states In which such Underwriter is qualified to act as a dealer in securities and in which the Offer Circular may be legally distributed. ivrrVivrvivvv .'.V.V.V.V.V.V.V.'.V, I ! I I I a .v.v.v.v.v.v.v.v.v, v.v .v 1 -- a a a a tea INVESTORS MANAGEMENT SERVICES, INC. $$ 267 Chimes View Drive Ogden, Utah 84403 m (801) 394-022- .v. 8 The AND regular annual meeting of the stockholders of Classic Minina .hfld, "Monday- - January 12. 1970, at the Ramada Inn, Lake City, Utah. mnrfcratlSc!Wl!1 3480 Washington Boulevard Suite. 114 Ogden, Utah 84401 (801) 393-803- The meeting, at 5:00 p.m., will be for the purpose of formulating the general of the poliey corporation and the election of directors. Light refreshments will be served. Only stockholders of record, as of Wednesday, January 7 ' 1970, may vote. 1 i i i v.v a m Please send me an Offering Circular with detailed v piione Name : V Ti : " f ' , w x ( I ' v- - v. ' (i .. - f 1 ' f 1 V if .til ADDRESS CITY - w !I J WjI ji : '' 4 a ? 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