Show 11 1 H DEAL CLOSED ON l I PIOCHE GROUND s L l r i er Crowd f i t Bonds Con Holdings J 1 U 1 I A deal d has Just been consummated In Inthis InT InI T I this city elt which means the sale of ot the holdings at J PIoche to Frank B Cook representing the Metal Exploration company the com corn combination combination of ot operators which includes John JohnA Johnt I t A Kirby TV W II It Webber r John T Hodson t J R It Davis of ot Goldfield and other well welli r i known capitalists who have been buying 1 Into Info the southern camp quite extensively i of o late J i At a directors meeting of ot the vending ii I company Monday night President Frank FrankL L Gardner and Se W V A Wight were ware authorized to execute a bond on the property to run for eighteen months I at nt the end of or which time or by hy the end endor of or which time Urns the purchasers are arc to be 1 given true to the property on the payment I of ot J OOOO 1000 which Is at the rate of or lOc IO a ashare af ashare share for the stock In the meantime the f purchasers agree to do the tho assessment i work for tor this year rear on the thirteen claims I and then continue the development of or the ground through an expenditure of ot not less tess than 2250 for each quarter during the theIre life Ire of or the bond bondA A special meeting of the tho shareholders 4 of or tho the vending company COmp ln has been called I b for Dec Dee 12 at which the tho formal ratification 1 1 lion tion of ot the deal made by the directors will take place As all of or the stock atack Is al ai already alI I I ready pledged to the proposition there Is f no chance of a fluke The papers were placed In escrow yesterday and men will bo he he placed at work on the properties dur during durIng ing the next few tew days das in order to finish I t up the assessment work as soon after atter the first of at the year as possible The prop property arty erty adjoins the Ely Valley compans mines and the several ledges In the latter property are known to run through the theS S Consolidated group |