Show ASSESSMENT ON SUNBEAM SUNE Ten Cents Cenin Cent a Share Shae the Amount Com Company pany pay Owes Oes As foretold in The Herald Herld some days ago ag the directors of at the Sunbeam Mitt Min Mining lag ing lo company met yesterday afternoon and levied an assessment of 10 cents a ashare aar ashare an share ar which Is 18 matte made payable on or be before before before fore April 17 the me date of delinquent sale saJe being fixed for May 4 At the same s meeting the directors gave orders orde for fr the closing down of the mine for the present It I was Wa ag current on the street during the day dy that Arthur Buckbee Buckbe would re retire retire tire tre from the management of the th mine When questioned regarding the rumor Josiah Joah Barnett Baret one of the directors and heaviest stockholders in the Sunbeam would neither confirm nor deny that tt Mr Buckbee Buckbe had given up that that import important ant position All AU he would say s regard regarding regarding ing it was that tat the mine would not net nt need ne a manager maler for it i had been closed clod down and would remain in that condi condition tion ton until after the th assessment has ha been ben collected colete and the debts against the com corn company pany cleared up Later Mr Buckbee was reached by telephone tele hon and When asked ake regarding his retirement replied that he would probably probably probably ably remain in charge until the corn com cm of Just liabilities are disposed pans what ola plans would then be pursued he was unable to say sy syThe the The total to indebtedness against Sunbeam mine at the present time Is reported to be no less than and to wipe it i out entirely will wl require an additional assessment of 6 cents a ashare I ashare share shareIf shar If I as Mr r Barnett Baret states the mine will wi not resume reume operations until it itcan Itcan Itcan can start art out with wih a clean sheet shet that means mon of ot course curc the second assessment soon foon so s the stockholders may expect to put up at t least lest two more Irish rish divi dividends before the property Is put on a paying basis basi The Te ore shipments from the th upper levels have hae hardly harly came cam vp p to expectations expectations tins and during drin the last month a a de deficit deficit of 2600 was Depth Is needed tp to o open up the richer rIcer ore bodied and while sinking was In order orde the stock held up to pretty re rc respectable respectable s table figures When work in the shaft s ft was stopped a decline d lne followed until yesterday It reached reche the he lowest lowet point in many Iny months |