Show SALE IS PENDING FOR FAMOUS MINES OF THE TINTIC DISTRICT special meetings of the stockholders of the gemini mining and the ridge and valley mining companies have been called in salt lake lake for september 18 and 19 respectively for the purpose of ratifying the sale of the assets and effects of the corporations and is considered by local mining men as coffin confirming ning rumors circulated during the past week that negotiations tiati ons for the purchase of these properties by the chief consolidated mining company had been practically completed in the calls it is stated that stockholders will be called together to authorize the sale conveyance transfer of all the property assets and effects of the company with certain exceptions for the purchase price sum and upon the terms and conditions set forth in recently held meetings of directors it is known that the holdings holdin 6 s of the chief consolidated mining company which is controlled by the fitch interests aggregate about acres of which over acres are b b patented during the year 1921 the eureka corporation added a very large acreage to its estate estates of at least six companies including luding the eureka lily the east tintic gintic consolidated the apex iSta rudard the tintic gintic union the tintic gintic zenith and the tintic gintic eastern all in the newer or eastern side of the district were acquired early this year the chief consolidated soli dated purchased the grand central mine the property has since been greatly improved considerable new machinery installed the mine opened to leskes and exploration at depths begun the gemini and the ridge and valley properties are situated in the heart of the eureka district capitalized for shares of stock of par value the company up tip to 1918 had paid per share in 1916 16 was paid and in 1917 20 bringing the total dividend disbursements of the mine up tip to jackson mccrystal is vice president and general manager of the company the ridge and valley property consists of thirty nine claims of acres adjoining the he gemini property operations have been conducted through the gemini shaft |