Salt Lake Herald | 1906-02-16 | Page 6 | East Butte Affairs

EAST BUTE BUTTE AFFAIRS Comp Company ny Pays for Properties and SUI Still Has Big Surplus Discussing the affairs fairs of the Eat East Butte company In which quie quite a num number number ber of local operators ae are interested George L Walker In te the Boston Corn Com mercal Sas says Eat East Bute Butte ha has purchased n a tact tract of acres located near its original 1 acre it prop property ert erty ad and adjacent to the old Parrot smelter Recent In te the dis district Indicate that te the land in question cres carries important mineral values The company Is receiving Income from the operations of leer leasers who ae are shipping about 10 tons of high gade grade ore daiy daily They pay the East Butte corn com company gross pany a sum equa equal to 2 per cent o te the goss I understand tat that the Eat East Bute Butte corn pay party has paid for both the Mantle ate prop property property erty and the new tc tract ot of 1 acres res ad arid i tat that it still ha has share shares or of is its own stock and over 00 In ch cash in it its treasury Te The company is enlarging te the Dutton sha shaft and preparing to sink It deeper I It 1 is anticipated that that before re the end ot of the present year e the company wl will be operating It Its ow own properties di direct ad and shipping 4 to 5 tons of ore daiy daily to the Washoe smelter The East Butte company has te the of terminating any da days s or notice al all leases on It its property on thirty