Show NEW EW DEAL FOR FOB CENTURY t V 1 5 j P W Madson on Is Manager and Work j I Ii Isto Is to Be Resumed i 1 At A t a meeting of ot ute tho directors of ot the j ent ry Gold Mining Milling co com coin n u is f p fly last night Dr John T White Ite re resigned rei reI I i signed ned a u as manager and P W IV V Madsen 4 was named as his bbs successor Attorney Lif i James 8 U Moyle wits was chosen tn to fill fi 11 a va ye v 1 cL icy Cy la Ia the directorate and other im important imS S portent business having to do dl with the I J l i future welfare of the company f Y was wis n transacted I 4 In Its the management of the thet t property It II ill is understood that Mr i White Whit agreed ty t part with enough or of orl l p his bis stock to io place the control in n the theS S hands of ol Mr I Madsen Mad n and anI some sone of his r fJ close boniness 8 associates though he be stilt retains a large block of the stock t The reorganization of ot the board and andi andi i 1 i adjustment of the financial difficulties has been un ler consideration ra ti f tIll tion for nearly two t 0 weeks and the meet meeting ing o st night wa 88 for th Lii purpose of oUt nut ut the details After tb the meeting m Manager Mana er Madsen d stated thai tha arrangements had been bf ilni made with he the th baik bak and ani other creditors 1 of the company lor Ol oi liberal extensions S of i i time In which l to Ii meet its obligations 1 and nd ra cc z tilt tl assessment a sm lt was wa com coming om em omIn emt t Jug ing In In Jn rapidly he Iw looked for m nu no further i ft w em bi r ts The firt work to be bf done dont n the hp he mine will be the sinking of M a v liO I 1 J feet fett fettin feetS S in th vein eln from the upper tunnel lev levI le let 1 IS I 1 to a point on a level with the lower or t tunnel tun workings at t a of bout hont edt eft to t tl the tho th north This wik Will k is to toc c be b done by contract and bids will viii be e advertised for tomorrow I In Meantime e the of or 9 mine ro ed under the th rore r f te re li n of ot R feer c ar r andas a d as soon goon a ur an then ine IS n and the Breather r has 1 again b put in commission The search for forthe forthe forthe the right kind of ot a man to run ran r n it has already commenced and will continue tin till the new management hits on the proper person for tor the position As previously stated the mine has been examined and aad sam sni sampled m pled pied by expert and the tho line of devel development development now to be followed to Is baaed on OD reports submitted by Manager Madsen Ka aen is J very confident C that the sea season seaon season son on will witness a great change for forthe forthe the better in the physical and financial condition |