Show MEN MEND IN THE SADDLE M M Now Seems Certain Amalga Amalgamated Amalgamated Amalgamated mated Interests Are Going to Buck Guggenheims Pollock Private Wire Boston Jan 14 The entrance of the interests Into the affairs of the GIroux Consolidated dates back to last September hen ihen a mysterious m ac accumulation accumulation accumulation of the comp nys shares was in progress Very recently T the tho di dl directors directors rectors of the company have been con considering considering considering an Informal bid for the com corn Nevada Neada property by the Copper Mines company In which Willam B Thompson of New York is a dominating ing interest but this offer was opposed from the start by several directors tors The Giroux company is declared to have hae in Its treasury at present 1600 1500 derived from the sale pale of f bonds a year ear ago and from the th taking up of the Stillman F Kedy Keely Keel option on shares at par oar 16 5 As the control of the shares rS has been I maintained n a pool which does doe not no expire until June 1910 It was necessary ry I for the present management to come rom cometo cometo to an agreement with the I interest in regard to future policies poll Its The of directors will therefore be bc sealed scaled from twelve tel at present to nine and three classes will lx Ix made composed of three each the first to servo serve for three years the second for two years ears the third for one year par The ColeRan people probably will have representation In the first two claf R leaving the class to be hr filled by b the present pr sent representatives of the Groux Mining company campan In this shift shifting shiftIng shifting ing it will become became necessary ultimately for nine GIroux directors to resign For the purpose of increasing the till amount of authorized bonds bond and to increase the capital stock the thO stock stockholders stockholders stockholders holders will be called cabled in a special meet meeting meetIng ing to be held Feb 2 immediately fol following following following lowing the annual meeting for the same game date The movement of the ColeR an In Interests Interests interests lii in acquiring The GIroux proper property ty is a strategic one and believed to I have hac an indirect bearing on the plans i of the new International Smelting Refining company which is also to tomake tomake tomake make formal announcement of Its plan In opposition to the Guggenheims soon The Giroux property it will be re recalled recalled recalled called is adjoined on the east and west westby westby westby by the Nevada Consolidated and Cum mines in which the Gug Guggenheims Guggenheims are controlling factors A custom smelter to be erected on the GIroux property to treat ores from the Goldfield mines is unlikely de development |