Show BUTTE COALITION WILL DISSOLVE united states investor the directors in december 1911 voted to dissolve the corporation and distribute the ass assets 1 ets pro rata among the stockholders this means the distribution of shares of anaconda and cash the dissolution of the company means that each shareholder will receive a half share of anaconda and 4 in cash for each share of butte coalition butte coalition has shares outstanding and has in its treasury shares of anaconda shares of international smelting smelling Sm elting some alice gold silver mining ning company stock and cash or thereabout there about it would of course be impossible to distribute the international ter smelting smelling Sm elting and alice stocks pro rata so these will be sold at a price sufficient to bring the distributable cash up to with anaconda at 38 the distribution works out an equivalent of 2 23 for butte coalition as per the fol following lowin shares anaconda at 38 cash total equal per share on shares 23 |