Salt Lake Herald | 1898-08-11 | Page 6 | Sale of Buckeye Stock

Sale of Buckeye Stock At thr delinquent sale of Buckeye stock held yesterday afternoon 9597 shares were sold at prices ranging from 13 to 3 ½ cents and costs the assessments and costs amounting to about a cent a share from which it will be seen that the delinquent stockholder stock-holder was not obliged to lose all his equity in the shares held in his name The bidding was active and the office of the company was crowded by mining min-ing men and brokers With the proceeds of this assessment the company will be able to liquidate all indebtedness besides which a small surplus will be left in the treasury in addition to which a revenue is expected ex-pected in the way of royalty from the lessees now operating the property The assessment on the stock of John Beck amounting to over 235000 shares was paid in before the sale which left mt a small amount to be sold as delinquent inquent Judge Green and his associates who hold a lease and bond on this Tintic property have added new machinery to the equipment of the mine the I workings have been drained and the outlook for the future of the company has quite a rosy hue