| Show EUREKA NEVADA TO HAVE SMELTER AND rehabilitated RAIL facilities it is authoritatively announced that the purchasers of the eureka nevada railway are the controlling interests of the newly incorporated eureka smelting smelling and mining company As soon as the full directorship and officials have been elected the control of the railroad will be turned over to the eureka smelting smelling Sm elting 6 and mining company according to the reno journal it is also announced that a smelter will be built by the company beyond the statement that F L torres will be president of the eureka smelling smelting Sm elting b and mining company no other officials have been announced to the public it is possible however that robert B todd of reno will be a director mr todd is now president of the eureka prince which company it is said will be taken into the new merger of mining companies in the eureka district this is the first official announcement concerning the intent and purpose of the eureka smelting smelling Sm elting and mining company it was incorporated recently with otis K newell james E bennett and theodore C le fevere as incorporators of these otis K newell is of new york city james E bennett of boston mass and theodore C le fevere is a titled frenchman the company was incorporated corp orated in the amount of shares with a par value of 1 a share it is well known that eugene davis and major henry G catlin perfected plans some two years ago ago 6 for the purchase of the eureka nevada railway and plans were also made for a smelter before the option on the road expired horace V winchell made an adverse report on the eureka district saying in substance that t the he ores were the result of descending 6 mineral solutions this report broke the price of eureka eure ka from a share to sixteen cents it also delayed the taking up of the option as it was impossible for mr davis and his following to raise the large amount of money needed later dr harvey weed a geologist of highest standing made a very different report from that of winchell the later negotiations for the purchase of the railroad were carried through by M H briggs confidential attorney for eugene davis it would appear that eugene davis is the dominating factor in the eureka deal he is credited with having elected F L torres president of the eureka and later robert B todd as president of the eureka prince which is controlled by the wife of eugene davis it is said that the eureka smelting smelling Sm elting and mining company will acquire several well known properties in th the e eureka district other than those mentioned the eureka and eureka prince F L torres president of the eureka smelling smelting Sm Sni elting and mining company was for many years with the american smelting smelling Sm elting and refining company he spent several several very successful years in mexico and other foreign countries in the interests of that company |
