Show PANHANDLE SMELTER CHANGES HANDS spokane wash aug 12 official announcement no is made in spokane by thomas L greenough a prominent mining man of the coeur calenes dA lenes and missoula mont that he and his brother wilbur D greenough of spokane have control of the panhandle smelting smelling sm elting plant at ponderay Pon deray ida and that it is expected to begin operations in thirty days most of the ore smelted smelter will come from montana john their confidential agent has opened offices at ponderay Pon deray which will be headquarters for the company and C C titus who has charge of construction and is installing the machinery will be general manager it is given out that a large deposit of iron on lake pend dorceille dO goes with the plant thus providing fluxing flexing ore t orthe forthe snowstorm and montana ores the plant will handle tons a day and according to the announcement no by the Greenoug greenought hs it will be kept steadily in operation the iron deposit is near the lake shore and will be taken to the smelter by tug and barge it is said to contain sufficient values to pay for its smelting smelling sm elting mr greenough says that while S W gebo and other montana men are also furnishing funds he and his brother hold sufficient panhandle and idaho smelt ing refining companies stock to have control when the final transfer is made to the last named concern thomas L greenough ou gh holds the controlling interest in the snowstorm mine at mullan idaho he was one of the owners of the morning mine in the coeur calenes dA lenes and received cash as his share when the property was sold to the federal mining smelting smelling Sm elting company of which charles sweeney of spokane is president he is also one of jhb prominent railroad contractors in the northwest dividing his time between missoula and spokane he was reelected elected re president of the snowstorm mining company at the stockholders annual meeting at larson idaho july 28 other officers being vice president and treasurer wilbur D greenough secretary and manager T leo greenough directors harry E chaney of missoula J E hayward of arizona P J kline of helena and james bean of mullan ida kline and bean succeed J B greenough and william J hunter who resigned the matter of resuming the payment of dividends was not discussed |