Show MASON VALLEY T TO VOTE ON FINANCING Proposals Will WIl Be Taken Up at Annual Meeting on March 14 The annual annuel meeting of stockholders of the Mason Valley Mines company when the stockholders will wi be he asked to vote upon propositions in connection with wih the proposed financing scheme by which money is to be b raised to build a smelt smelter er is to be held March 14 11 I In Augusta Augustae Me e MeOne One of the propositions to be voted upon is to reduce the number of shares of stock from IiO to 5 and to raise the par value of the stock from 1 a ashare ashar ashare share shar to 5 Another is to authorize the directors to Issue 6 per cent bonds bonda in inan Inan inan an amount not exceeding the bonds bond to be redeemable at any an time at ata ata ata a premium of 2 per percent cent and accrued interest with wih right given the holder to convert comert each of the bonds at any time on or before April Apri 1 1915 unless pre previously pr previously into shares of the stock of the company compan at 10 each It I will wi also be asked that the directors dirc directors tors be authorized to use for acquisition of property any snares of the capital stock that may ma not be required to pro Iro provide provide vide side for conversion of the bond issue Of the tle proposed capital stock of 2500 25 0 shares will wi be needed to pro protect protect tet the conversion of the of bonds into stock to exchange for forthe forthe forthe the shares no nov v outstanding and the remaining 2160 will wi remain unis sued but subject to the right of the di directors director directors rectors rector to use them for acquiring prop property prop property erty for the company compan The directors have reasonable assur assurance ance It Is said that the entire entre issue of bonds will wi be underwritten at par for a commission of 1 per cent thus assur assuring assurIng assuring ing the selling of the bonds It I Is pur purposed purposed purposed posed If I deemed advisable to list the stock upon the Boston exchange Books Book closed February l 23 for the meeting and reopen March Marh 15 |