Show NEW ORGANIZATION TAKES OVER GREENE CON New Kew York TorI Dec 13 The organization of ot ofa ota a new 00 company to be known as the Greene Gre no Cananea Copper company to take over the control of the Greene Con Consolidated Consolidated Copper company and tho the Can Cananea Cananea Cananea anea Central Copper company was an announced announced flounced today by William C C Greene Mr Greene gave out the following statement It lt I Is announced by parties partes that a deal del has been completed by bv which Thomas F Colo Cob and John D Ryan and ana their associates have acquired acquire heavy hean interests in the Greene Grene Consolidated Copper company com pan Cole and Ryan Ran and Colonel Colon 1 Greene al 11 already In the Cananea ready have large interests Central Copper company and these two companies controlling as a they thoy do practically the entire camp of Cananea will viii willu wl be u merged Into a new company to be kNown as the Greene Grene Cananea Copper company compan companI It IL I is stated that the new ne company will wI Issue Isme of stock and an will wi ex cx exchange exchange change its stock for Greene Greeno Consolidated is upon the basis of for the prop property property erty and for the stock of the Cananea Central upon the basis of for forthe the property Ample cash cah has been pro provided provided vided for this plan for enlargement of Plant and anil development of property No Ko stock will be bl offered to the public wi Cole Ryan and Greene will wi leave less shortly shorty for Mexico to Inspect the propertIes and lay la out a plan Dlan for equip equipment meat ment and development development The company will be incorporated under the laws of Minnesota wi with nine directors who will wi represent present all aU the irge interests con concerned cere Mr Cole will wi be Its president and Colo Cole Colonel Colone nel ne ad Greene its vice Ice president |