Show I COMPANY MAKES I STATEMENT ON SAlE SA E Notwithstanding all the explanations that have bave been made concerning the terms tenus of the deal through which the Te tro Mining company disposed of lie its properties at to the com corn company company pany for cash and in consideration tion of af which the purchasing company gave save the shareholders an option on OOOO shares aha res of its Ita treasury stock at atS 8 S per share hare there seems leons to be hardly any of the scattered shareholders in the company compan who ho understand the situ altu situation atlon On account of or the queries that arc are all the time being made mad and to straighten the matter out nut once and for all See tary R H S of the company has issued the following explanatory let letter letter ter tel Read it and then thou you will know Just what you can do with uny eny Hn stock st k you ou may happen to own Dear Sir Siron On the day of or December 1906 19 1 16 at a stockholders meeting of the Mining company of or Tintic at which said meeting there were ere represented S J O Oss ss shares of the capital stock of said cor corporation out of a of shares outstanding at which meeting a resole resolution tion was unanimously adopted authorising au tho lug ing the sale of or all the real and personal persona property of or the Stifling Mining company of Tintic to the Mining company a Atah Itah tah corporation for the sum gum of S cash ash and an on the h day of January A AD AD AD D 1900 1009 the board bo rd of directors of ot the Te tro Mining company of Tintic declared decla d a dividend of said mone money under un er a resolution resolution tion tio of the board of or directors of which the following is a cory coy Whereas This corporation lias has hereto beret heretofore fore tore sold all Its real and personal pro prop property erty to the Mining n company a Utah corporation for the sum of cash and received and now no has sell saM money mODe In the treasury trea ury of this corpora corporation corporation tion and Whereas Said SakI money constitutes the entire assets ta of this corporation and the thes s mine II me JIM should be distributed dt as a dividend to the stockholders t of this corporation Now therefore be lie it resolved That a dividend of or the sum of cash sh be and the same is It hereby declared on the capital stock of said id corporation that said Id divi Ith dividend deed be payable in money mone to the stock fetock stockholders holders boWers in proportion to the number of shares share of stock held by bv each stockholder respectively at the rate r te of S 8 cents per r share that the transfer books for tor saM said dividend hall shall close lost at 6 p t m on HI Friday the l th day da of April A D 19 1900 said dividend is payable pays We on Tuesday th th day ilay of April A D 1989 1900 After Aft r the purchase of the property of or the tilt Mining lining company of or Tintic by bythe bythe bythe the Mining company f pan a 8 large la num number number ber her of the stockholders st of the Min Mining Mm lug ing In of Tintic desired de to stock in the Mining company and the Mining company agreed a d and did rive give ve an option to the stockholders st of nf the Mining Iming company of to 10 tobay buy bay i shares of or Its treasury stock at 8 89 cents per share on or before April 8 IMS 1061 You Iou are therefore notified that you yon on may purchase treasury stock pur per pursuant nant to said Mid option to the extent of your our holdings of stock that thU is for each ten shares of stock you ou own you youcan youcan 00 can an purchase nine shares of stock The stock is now selling on the tile Salt Lake Stock and Mining Exchange e for Us cents per share Ihan and I respectfully recommend the purchase of stock toek in ill Ii accordance with the terms above stated Therefore Thereto should you ou desire to 10 pur purchase purchase chase stock at the price herein named you should send end your stock st k to me with an order for the dividend mentioned in this letter prior to t the fth day da of April and I 1 shall certify to the stock which you send end and forward the same to the secretary of the Mining lIning company compan together torether with the money for the purchase of said stock and will send nd you yon bv b mail said stock at k kYou You can readily readDy see Me that it will wUI be to your sour oUr advantage to make the exchange of stock instead of retaining the S cents per share declared as a dividend |