Show m GEY8ERMR1ON Reorganization of the Directory Direc-tory of the Company JOHN ERN PRESIDENT THREE NEW DIRECTORS NOW ON THE BOARD The Official Hester a Strong One and Eminently Satisfactory Tlie Company Declares Its Regular Monthly Dividend of 9OOo The Breckenridge Uannnoth Wonderful Discoveries in This Promising Gold Mountain Property Prop-erty Mines of Excellent Excel-lent Showing in the Golden J Eagle Near Korse Heaven Sis to Eight Inches of SSOGold Ore in the Lucy ilomsh The Mining CongressA New Iiining Code Favored by the Committee The Horn Silver Tunnel Company Struck it Rich in Arizona There was quIte a stir In mining cir cle in this city yesterday when it became be-came known that the Jonsdeferred action ac-tion of filling the vacancies in the Gey eerMarion directory had at last been consummated and as the makeup of the board as It now stands meets witSi the hccjty commendation and approval of nearly every one interested in the affairs of the company the tock of the corporation imme atly felt the beneficial bene-ficial effect of the new order of things and advanced at least 5 cents in the I bidding en the curb and It is predicted that within two weeks this security I will find ready eale at 130 I Another pleasing feature cannected i Tvitli the doings of the company was Che fact that at the meeting at which i the change was made in the direetory the regular monthly dividend of 9OO was declared payable on Oct 1 Yesterday morning the directors of j the GeyserMarion held a meeting arsl filled the vacancies in the board caused by the resignation of Colonel S T i Ptarsou and Joseph Smith by the olec cion or Hon John Dern and Stuart Stephenson and when this was done A resolution was passed thanking the retiring re-tiring directors for their acceptable services dutlng theIr incumbency In the afternoon another meeting of the board was held at which the resignation resig-nation of Hon Theodore Brubeck as president and director was received and accepted and the resignation of this gentleman was treated with the same courtesy as was accorded Messrs Pearson Pear-son and Smith after which George Dern was selected to a place on the directory of tIe company G R Bothwell also handed in his reslnatgion as secretary of the company to take place on the first of the month which was accepted and at the election of officers that followed fol-lowed John Dern was named as president presi-dent and general manager and George Dern was appointed to the position as secretary The board of directors of the company com-pany as now constituted is as follows fol-lows John Dern E H Airis S B Milner G R Bothwell M T GJsborn George Dern and Stuart Stephenson Before the adjournment of the meeting meet-ing a committee was appointed composed com-posed of E H Airis George Darn and M T Gisborn with Instructions to au dst the books of the company and tot make their report to the board on the let of October at which time the office of the company will be moved to the Mercur office in the MeCornlck block It is generally understood that prior to the meeting yesterday Mr John Dern purchased a large block of GeyserMa nun stock at a figure near its market value IK that several of the officers of the company furnished the stock in order that Mr Darn might become sufficiently suf-ficiently interested to Identify himself uitii the organization much to the satisfaction sat-isfaction of his many friends in this city with whom as a thorough gentleman gen-tleman and a successful and oonscien tins business man he stands high The tang delay In filling the vacancies In the board has caused considerable apprehension in the minds of Geyser Marion ttockhoders and as a consG queiice the stock of the company suffered suf-fered a decline but now that the af Ivur is settled confidence has been restored re-stored and the shares of the company will now hold their own at something near their actual value It is stated that the GeyserMarion mine never looked as well before as it does at the present time and the further furth-er statement is made that in the lower levels of the mine a large body of 520 ore has been uncovered The property is in splendid shape to say the least and ivith its two mills in constant operation op-eration on a good grade of ore there is no reason why the dividends should net come along in their regular order The condition of the mine at the present pres-ent time speaks volumes for jis management man-agement in the past and with the board now in control as much is looked for in the future futureJUNES |