Show HOLDS ANNUAl Officers and nd Directors Chosen and Full Reports Submitted at Gathering FINANCES IN FINE SHAPE TREMENDOUS AMOUNT MOUNT OF WORK DONE IN A YEAR Y AR ARThe The annual meeting of the Nevada Douglas Dougla Copper company operating at Nev Ne was held in this city Monday evening J D Wood W was elected president F P J Hagenbarth vice Ico pres pie president presIdent ident W V V 7 l Rice Rf e treasurer r W V C COrem COr COr Orem Or m secretary and general manager the other directors being H IL P Hen Ben Henderson Henderson derson demon Frank A Schirmer and E R 11 Hastings of Boston and A L 1 Pearce of ot London The financial report shows that nearly has been paid for property pur purchase purchase chase account Equipment has COt cost over development nearly and other expenses a little more than 14 0 Cash on hand amounts to nearly while treasury stock sold makes available more The Tho company owns twentynine claims In Its copper property an lyon Iron mine four miles away mill mUl sites and water rights all free of indebtedness of any kind and development work is progressing on a most extensive scale The mine Is con considered considered considered as asa a mountain of or copper ore with values running from 2 up to 40 O per percent percent percent cent The Tile report of Manager W TV C Orem takes up the work done at the property In great detail and makes an exhibit that the th shareholders should be proud of It is not often otten that a company crowds as much development and does as much other business in a year from the time of starting as has haa been done by the company Neither is It often that such tremendous bodies of ot ore are opened in so short a time Deep tunnels are aro now being driven clear through the Douglas mountain and at the same time shafts are being sunk to connect with them Great compres compressors compressors sors so and hoists are being installed at the present time and before belore tho the present year is over the property will be in shape to supply an enormous tonnage to mills and smelters That these will wiIl be built by the company at the proper time goes without saying and aId in the meantime there is every reason to believe that the company will vIll make a large amount of money by shipping Its high grade ores taken out In development to outside re ro reduction works |