Show NOT A DISSENTING VOTE Changes Made in BullionBeck Directory JOHN BECK IS PRESIDENT AT THE HEAD FOR THE FIRST TIME 1ST YEARS Every Share of tIle Stock Present Including of Course tIe Syndicate Syndi-cate Retention Voted tIe Straight I Tlcliet Tlie Annnal Joint Report of tlie JInnngrer and tile Fresldcnt of the Horn Shyer Makes n Good Sliotving Negotiations for the Sole of the Telegraph at IJinjjlium JoKix Trc voclt thc New SviperlTiten loiit of Iie Meircirr SClnes Wofcte Turn tl Into the Ibex Power Canal ttittevttl Milling Xexvs Without a dissenting vote the stockholders stock-holders of the BullionBeck and Champion Mining company yesterday afternoon at the annual meeting of the company agreed to some radical changes In the make up of the board of directors and for the first time in many years John Beck is again at the head of the company for whose organization i or-ganization his properties were responsible respon-sible I Out of a total of 100000 shares 83903 shares elected the following executive officers and directors John Beck president and director Abraham H Cannon vicepresident and director Walter J Beatie secretary and director direc-tor W S McCornick treasurer and director Simor Bamberger H B Clawson and Hymm Beck directors This was the ticket made up some days ago and given to the readers of The Herald as the new board which would be elected in the absence of any unforeseen occurance Its election was made possible by the voting of the 5LOOO shares ot trustee stock Two of the trustees George Q Cannon and Simon Bamberger voted for the changes while the third Mr Knox although present at the meeting declined de-clined to take any active part In the election and the stock was voted without his signature There were 93DD8 shares of the company stock present but the 5 < WO shares held by Mr Knox t secure the note given by Mr Beck in the sum of 10000 were not voted by either Mr Knox or Mr Beck The California stock went into the pool and aided in the election of the new board This change in the character of the board drops Messrs Ryan Knox and Farnsworth The latter has already made repeated attempts at-tempts to get out of the board but each time his resignation has been refused re-fused The action of the stockholders will give the gentleman considerable pleasure as It relieves hint of aij undesirable un-desirable load Neither of the other gentlemen who step down and out have any personal interest in the affairs af-fairs of the company other than to secure money due them so that as soon as these matters financial are adjusted ad-justed they also will sever their connection con-nection with the company without I any undue grief For over two weeks the money has i been ready for the payment of all valid claims held by the National Bank of the Republic against John Beck and it is highly probable that a settlement will be effected within R short time The other side is simply awaiting a move from Mr Knox who can secure his money at call I is also thought that the Caroline matter will be adjusted before the end of the week or at least negotiations to that end will be opened within the next few days These changes S will restore entire harmony in the board and should work great good for the company The bank account will very naturally go to 1 Ir McCornicks bank from the National Bank of the Republic According to the annual reports of I the executive officers the gross revenues I rev-enues derived from the sales of ores was 516000 Of ore 17532 tons were produced by the mines of The company in which were contained 2820 tons of lead 087 248 ounces of silver and 1045 ounces of gold The lead was sold at 3264 per ton a decrease of 54 from 1893 prices and the silver for 528 cents per ounce a decrease of 10 cents from 1893 quotations quota-tions tionTe Almo deal has to date netted the company 552000 that amount having been also paid to the owners of the property in the equal distributions At present the mine is idle the ore having pinched out on the 700foot level of the Beck and i is questionable whether or not any more work will be done An auditing committee made up of Hugh J Cannon George Thackery and Richard J Taylor was appointed One of the very notable things In connection with the meeting was the absence of Mr Ryan That gentleman saw by the straws which way the wind was blowing and did not put in an appearance He will now devote his time to collecting what is due him |