Show I 1 CONTROL SOLD I United States Company Gets t l the Famous Old f 1 Property 1 I I I A deal dOllI Involving the control contro of or the Bul But I Champion company compan was Closed In this city cit yesterday t the vendor being Philo T Farnsworth and the pur purt purI I t chaser the United States Smelting Tte Re R ReI I fining Mining company com pan or more prop properly properly erly the Mining lIning com corn company company pany one of the subsidiary companies c of ot the United States company Something over of ot the shares in the company were involved In the transaction eon tion and the price paid while not made public Is known kno to have been consid considerably considerably considerably more than f a share Mr Farn Farnworth Farnworth worth still retains a block of or and while he surrenders the presidency and general generi ener 1 of or the property he lie Is retained as a director The prop property property erty arty adjoins the on the north and is s still tiU one of ot the big bl mines of ot the district It paid a lOc lOe I In July and has a record of ot 2 to date Following 1 F the transfer of the Ute stock the th directors of the company compan and representatives of or the purchasing company met Four of the seven dire v tors resigned and amid their places were filled Oiled by b W V M r I C E Allen Frederick Lyon anI ind George Georgo W V Heintz Mr 11 Bradley Bradle was named as u president to I succeed Mr 11 Farnsworth and C E Al AI Allen Allen len of or course will be made malIc general su SH I of the tIme mines as he is of or orall all alt the Unites States compan s proper properties ties tics in this th s state In addition to those mentioned the board of or directors now contains cont the names of Joseph F Smith who rf remains mains as vice ke president and tress tre timer Pluto T and ind James JaIns A Cunningham Th Tb deal elen It Is 18 I understood unile toX has been pe for or several months and its con eon consummation summation has been beon n accomplished sines the arrival here of President Pr W Y Oi Sharp n 1 and 1 Managing Director or A F Hol Hoi don elfI The Tle property has hils been b en in control Ii of or Mr Ir Farnsworth for several years ears |