Show NEW NEVADA MINING LAW in the last issue of the mining review the new mining law of nevada was published in full in the makeup make mah e up however a transposition of a line was made in section 5 which changed the meaning of the text altogether making it appear that certain stack was promotion stock when it should have read treasury stock following we republish section 5 as it appeared in the article and also the same section as it should read sec 5 all stocks or shares of every mining corporation doing business in this state that have been or shall be specifically set aside to sell for money or other valuable consideration and the proceeds of which are to be used for the actual development of the mineral resources of any mining claim or for the purpose of making necessary improvements thereon is hereby deemed and declared to be promotion stock within the meaning of this act and all cipher stock of such corporation is deemed and declared to be treasury stock sec 5 all stocks or shares of every mining corporation doing business in this state that have been or shall be specifically set aside to sell for money or other valuable consideration and the proceeds of 01 which are to be used for the actual development of the mineral resources of ally a mining claim or for the purpose of anakin necessary improvements thereon is hereby deemed and declared to be treasury stock and all other stock of such corporation is hereby deemed and declared to be promotion stock within the meaning of this art AC |