Show consolidation IN SIMON DISTRICT mina nev nov 3 another big deal in simon district properties has just been completed which will mean a greatly increased activity in mining areles when plans biow now being formulated are put into operation mention was made in this correspondence about a month ago of the acquisition of the norman silver mining company by mr P A simon of the simon silver lead company and now in order to round out the holdings and to operate both properties more economically the simon fagan mines company and the norman silver mining company have been consolidated under the title of the fagan consolidated silver mines company with a combined capital stock of shares the officers of the new company are president P A simon vice president E S chafey secretary and treasurer B W board of directors P A simon E S chafey B W E S mulford and prank M manson these two properties are located in the simon district a short distance southeast of the simon silver lead mine and consist of approximately six claims each having a common endline making the axis of the combined properties a little over a mile long in a nearly north and south direction extensive development work has been done on both the fagan and the norman the fa pagan having been a shipper of ore this season and with the combined resources of the two companies it is confidently predicted that a great mine will be developed here J 0 greenan who has been associated with both companies as well as with the simon silver lead company has been placed in charge of the fagan consolidated as superintendent and is preparing an aggressive gres sive campaign of development the fagan has been inspected during the past few months by such well known mining men as R W royer of los angeles dr walter harvey weed the eminent geologist C E van Barne velde director of the U S bureau of mines experiment station at tucson chas E knox W C loring and J C weir of new york all of whom are unanimous in predicting a great future for the property the directors of the two companies at a meeting held recently in tonopah To agreed on the details of the consolidation and notices have been issued for stockholders meetings to be held on november 1919 for the purpose of ratifying the action of the directors no opposition to this action is anticipated as the advantages to both companies are very obvious |