Show FLORENCE GOLDFIELD ACQUIRES N NEW EW MINE kirby thomas of new neav york president of florence goldfield mining company has notified stockholders that the company has acquired the cleveland mine in the bully district situated partly in shasta and partly in in trinity county california the purchase price is to develop and operate the new property a subsidiary subs diary company florence california mining company has been organized with a capital of shares par value valtie 3 florence goldfield will retain for its treasury 1150 shares sharl and shares will be issued for the contract florence california takes over the property subject to the paymer of a royalty of 10 per cent of the net mint or smelter ret return from the ore produced |