Show TS HOT LOT OF BROKERS 1 t fi Propo ion to Disincorporate Rejected Re-jected By Utah Exchange l t I CAME FROM OTHER BODY iS I 4 COMMITTEE WILL SEEK ETHOD L OF CONSOLIDATION I vVCentennialEiireka Stock All I Pool row and Plans Por Reorganization Reorganiza-tion Already Under Way Will t Soon Re Complctedig Consolidation f S Consoli-dation of Park Cit Mines f 1 fl About thirty members of the Utah i S Slock Mining exchange filed into then the-n office of Brokers Smith Free in the i Atlas block last evening about 730 S ocloc They at once went Into executive execu-tive session and barred out represen u tatives of the press and those who were 1 not members of the board I was a spirited session ayid when it was over there were a few who went away S with anything but pleasant feelings f Some of the leaders oC the twoS two-S boards have been in conference the past week and at a meeting of the governors of the Utah board held last Saturday 1 afternoon one of the governors presented I pre-sented a Scheme to do away with the Utah board Heclaimed that the Salt Lake exchange had offered to sell five memberships In that board to the Utah t exchange for 1000 on condition that the Utah exchange turned over the j mineral exhibit disincorporate and go out of business 0 i The next scheme was then to auc Te L tion off the five memberships to the highest bidder and the proceeds to be S divided among the members The governors refused to act in the Te gvernor te I matter claiming they had no authority to do so so last nights meeting was f f called and from whatcan be learned f 1 this proposition was presented A storm of indignation followed S Speeches were made in which a few careful about indulging In were not personalities per-sonalities Tile proposition was not submitted to a vote but a committee was appointed consisting of James W Campbell M J t OMeera Morris Sommer W E Vigus M N Buck Eli L Price and John R f r Foulks t confer with the Salt Lake r exchange to learn if that board has any r proposition to make on a fair and equitable r equit-able basis Another meeting of the members will be held on Friday night F One prominent member of the Utah I board said last night that the Utah exchange members would be willing to consolidate on some fair basis if they the-y Salt Lake board would meet them halfway half-way All agreed that one exchange would be better for the stock market than two and the necessity of dual boards could be done away with if the S Salt Lake exchange would not limit its membership so closely There are a great many he said on our board who dont want to do business on the curb so if we cant all get into one ones organization t we must have seperate I tAL |