Show REPORT ON THE MAJESTIC for tine the past two or three years active development and exploitation has been bean the order of the day at the property of the ma dom company pany operating ip ic beav beaver er county utah and for the past year ore shipments have paid all operating expenses in a letter to the stockholders of the company issued from boston pr president aident abercrombie says sinco 3 my last letter to you wp we have been devoting our time to the development and operation of the two claims known as the 0 K and old hickory at the 0 K we have opened up some very nice ore varying in percentage from 5 to 15 iu in copper with sli slight 1 ht values in gold and silver and have shipped several carloads from that property but the greater part of cur energy and the larger force of men have been working on the old hickory where aher in addition to shipping an average of a carload a day development work has been carried on to such an extent that we hive have now been able to increase our our ship ants to about two carloads a day you must all realize that in a property of the size and extent as that owne by your company especially when you vou stop to think that for some time previous to s being taken in charge by present management no shipments of any account had be n made that it requires time and patience to bring it to a producing stage but your management feel that the work done bica been in the line of progress and it is 19 th the pleasure of the board to report to you tha receipts from sales of ore since last june have paid all the expenses of operation |