Show ON ASSESSED ASSESSED Three Cents a Share the te Amount Company Owes A surprise sr s was a sprung on the stock stockholders sto k holders of the Mining company yesterday In I the te shape shap of a ag aa 3 g cent tnt assessment and when the an announcement announcement reached rea h the te streets in the afternoon the stock stok of course course weak weakened weakened ened ene The Te assessment ament becomes bemes delin delinquent dell delinquent quent June 27 2 and ad the te date of sale is fixed fed for July 80 20 3 This action acton was wa taken ten at a meeting of the board of directors director held night before last lat and it I t wa as 83 only ony decided deded I upon after ater mature deliberation In his hi report t to the directors the secretary stated state thet the company has hasan ha hasan an aD indebtedness at the present time of i an a increase in of ar 2500 since the j first of the year which i i is accounted for fo j because bee us ox o extensive exploratory work The company has ha carried an overdraft I g for sometime with wih the McCornick I bank ba at Mercur which has served no notice ii tire tice that ta it i tan can can do so 8 no longer Be Being Bei Beng without funds the directors j ing tg ng cau caught at ht J were fe forced to put on Wi 11 the t ent i 1 i L AJ Which if all al paid in jn will more than 1 clear up all aU liabilities An official of of the mine ild dd yester yesterday yest yesterday r I day dar that the property prOp is in a better betel physical condition than tha it has bas been for many many months Only within the Uie past pt II I two weeks Superintendent Butter as I cut ct Into Int some virgin ground which promises romiss to t yield up some sonic large quan quantities titles of ore in the near ner future The Theore Theore Theore ore ore wa was found below the old workings of the mine and just back bac of af the old Marion arlon dump Superintendent Butter Buter has laid about 70 feet of track from the mine around to the tunnel and is getting eting in shape to handle the output from fOIn that part of O f the property The ore ope o is of ot a good go leaching lehing quality and ad carries cries milling values |