| Show Hetimbering the Shaft The new shaft on the Champion one of the properties of the Ajax mining company has now reached the depth 01 100 feet and as soon as i can be retim bared from top to bottom the drifting on the ore body is to commence At a recent re-cent meeting of the board of directors of the company it was decided to send I the shaft down some 4CO feet further making 500 feet in all and it is anticl tintof fhnf 1M Inftrftsvan in nH xvUI make of the group of mines controled by I 1 i the Ajax one of the richest and most Important in the whole Tintic district The bottom of the present shaft Is now in ore and as a matter of fact there has not been a time since the workings were ten feet deep that a good showing of ore has not been made During the recent conference held at the Knutsford hotel the board did something some-thing ol5u that being the levying of an assessment of 3 cents per share on the 1 entire 300000 share of the capital stock 1 of the company Payment Is to be made I at once to the treasurer With the 9000 to be raised by this means It Is the in tention of the board to prosecute the development de-velopment and improvement of the tIe property prop-erty and place it upon a dividend paying basis |
