Show MAJESTIC STOCKHOLDERS i Affairs of the Company in a Bad Way Much uch Wor Vorse than W Was s Knox Wants His Or a Receiver St Special to he Io 1 YORK March arch stock NEv I I holders It th the MajestIc Copper Mining company held helda a very cry large and lna excited meeting today to discuss the proposition for or n a merger with the Monarch Mines company compan A propositIon was recently under consid by which the Monarch Mines company Was to be formed to take over the Majestic Copper Mining ing company together with several other mines known ns the the Royal the thc Lest lAst Ch Chance nce and ana others A full discussion or of the th situation vas had by tb k th of views It ft was gener generally generally ally conceded that the original altion with some sume was probablY the be best pan that could be devised A resolution was passed cx confidence of the stock stockholders stockholders holders committee antI and author authorIzIng IzIng It to the wor work already begun but find do the t tIt It could the company It transpired during the mceU itt the company was In much tse sh t b financially than the wez aware of In fact that Jt It was In lna critical condition financially and t tits its creditors were pressIng it nd threatenIng a receivership Mr Knox Kno a banker or of Salt Sal Lake City seats s pIes I ent In person and stated that the corn parly owed him and as asI ready to proceed at once to ask fO a I receivership unless something was done by the company for tor its pay payment mont ment He stated slated that judgments now against the h have been O and That the tbd prop property property erty vas as for sale under these judgments on March d declared lared that unless the thc original prop for a merger or ar some proposition was adopted by the corn com company pany hr would commence and probably in be commenced by other credi creditors o |