Show I I 1 BONO BOND ISSUE E IS j jALL ALL ARRANGED I Lower Mammoth Will Sell Worth on Terms f Here Explained I Details of the Lower Mammoth corn com I punya bond Issue were till all ar arranged arranged ranged at the meeting ot ef directors yes yesterday yesterday yesterday II afternoon It was Decided t to have havo COO bonds of each they rhey rc to be on March 2 and Will ma inn mature ture on March 2 4 1010 1910 thus giving them thorn thema thorna a life Uta of two years They will Trill boa interest of 8 S per cent payable annual annually ly Iy and will be subject to conversion I Into stock of tIo company at nt par 01 ot 1 per share any time during tho the fire firt year I Subscriptions to these bonds will vIll bi bl b received from rom anybody up to the date dait I of issue next ne t month Shareholders ol ci I the company will receive preference i ir malting making allotments and other othor sub nub subscribers I scribers will then thon be given a right U 11 t what Is left In tho the event that not ni al alof of tho the bonds should be subscribed fo to foby toby foby by tho the date dato of Issue the tho c 0 the tho unsold reserve will be left laft to th In Indiscretion I discretion of the directors I There is practically no question but bul I that the Issue will bo be oversubscribe i first because tho the Investment is i as regards Interest and t d se Be security security while the right tp convert the thc t bonds b into stock at 1 i ashare within I a year y r gives an opportunity fo mak mali making I ing big money such suh as is rarely of offered feIed With in the treasury treasur and with nearly all of it available fo fomine o omine i mine development it is safe to say that every bond will wm have been con converted converted converted Into stock long before t twelve months option has expired ex i |