| Show AFTER MONEY Will Sell Sel Worth of Treasury Stock to Shareholders The directors of or the corn com company CR rany pany have derided decided dede to dispose dh of o soother another loI shares he of o treasury p stock stok all allot of which the heavy heay owners owner have agreed agree to subscribe for tor among themselves if It I use necessary ne essary fr at sim 15 per pr share Marf but It I order that tat none of the p shareholders may feel f 1 I that he he is being slighted all al are ar given the opportunity to join jin in the te purchase pro p rats rata according to the holdings holding which wih they have of record on i the books Notices signed n by President Rood R and aD Secretary Wightman explain explaining big ing ID the thE proposition and action Lot of the th heard board bar were being received by b share shareholders shareholders holders holdeM yesterday In the circular the officers say MY It I was the unanimous opinion that thA It I would be b advisable to continue sinking the thE shaft haf until the 8 OO level Is I reached It I is now sunk Bunk to a depth of 4 feet feel and very rapid progress pr Is 1 being made mAde At Ator Ator Ator or near nEar the MO M 00 level Itel it will wi probably be bener necessary ner to crosscut some gome distance to reach rach the vein which will 1 then th n be drift drifted t ted ed e upon east and west w t It I will wi require about abut DO feet fet of drifting to get let under the ore found round in the te Creen tunnel All Al these developments require money mone Besides the cash rash and other resources on hand we should have about abut added adde i to the treasury It was deemed beet beat bet by bythe bythe the directors to dispose of oC an a additional I 10 shares share of the treasury tre ury stock stok It is not nt desirable that tha this stock sok be i on the street or that it I be put on the market subject to the vicissitudes of the thetO stocks tO M now listed on the exchange e Recent developments In the New NeW York group west wet of our shaft ShAft are encouraging as to the prospects in that direction as we have considerable ground roun between our workings s and the New York anti and an also I westerly Also AI the showing snowing I of o ore oe in the th Creen reen tunnel and at the tile I bottom of a R shaft sunk 10 feet from the tunnel level Jevel give all al the Indications of or a large larKe mine With this showing the large Jar e stockholders of oC the corporation are arc ready and willing to take this entire entre block pf pC 10 shares at liO a share It I was WI however decided to afford each lh stork stock stockholder holder of record re ord an opportunity to ac se acI A AI sequire I J I I quire price some mine sie of o this treasury stock at this |
