Show OPTION ON THE MR MERCUR capt do de la mar agrees to pay FORFEIT OF POSTED if I 1 too the deal Is 13 1 3 its as seems certain the captain will take control of the tha property on march price puts a valuation of per share shara on the stock will give the now new owner an immense area of ground in the big gold camp record of the bonanza capt J n de la mar who has haa wanted the great croat Zier marcur cur mine tor for a long lone time Is 13 about to gratify his de dc sites and inthe athe option now held by him Is prosecuted to a termination he will in the next few days become the sole owner of that great creat bonanza the deal la Is one of the biggest ever undertaken in the west and at folds the best possible evidence eviden c ot of tile confidence of 0 those who are familiar with the great camp in its permanency fuld and the pi ice tt NN aich the captain has haa un cleita dei taken ken to pay la Is quoted at or lit at tile the I 1 late ate of 0 7 50 per share parties controlling two thirds it if the stock guarantee that amount and invite all other holders holdel 9 to get into the bandwagon at blitt figure TWENTY FIVE THOUSAND UP in III acquiring the option capt de la mar has a deposited ed willah ahl h sum will be forfeited in the event negolia nago ala eions should tall fall while on oil tile tho other hand it will oraly apply J tt the purchase mice already mr it 11 A cohen tile the lim manager nager tor for capt ue lie la mar has organized lila ila stair ot of exports experts among m whom hom Is victor M clement and Is now I busily lit in an aft examination of 0 tile the property that ailts lilts imp improved Loved so BO rapidly during the past year to a tribune ter it v was an said raid last night thit that at no time since the development of if the mercur was undertaken was wa tile the showing as good new ore bodies anun meled off fit the ruby huby and resolute tun nela and those recently exposed in ili the incline on tile alie batlle abatti pour four show bovery strongly that there la Is scaife a doubt conc concerning eining the purchase of the ha property indeed the glen now in insight sight are such tit that it a sin single to shirt shift experiences no difficulty lit in furnishing ores orea tor for a mill of 0 0 tons tona capacity a d day ay negotiations the effort of 0 capt de aawar to capture the derbur Is 1 not of oc recent origin 11 but began it is said before president john dern sailed tor for europe list bast may A shot t time before the representatives of a prominent exploration company that has its headquarters on the other side bide ot of the atlantic had bad abt obtained a lne I 1 an option on tho the property at that they did not draw it in at that figure is said to ba have e been due to t the lie financial troubles tiou bles that hat just about that time came upon the country holud the captain succeed in ills fl undertaking find and absorb absolm tile the mercur it t will rive to him an area of 0 ground w whose hose rold value will mill compare dav favorably or with that ot of any corresponding area 11 f tills country already the mercur has distributed dividends tn in the s um sum C ot f while the golden G gate ate that adjoins the and lit in ul which tell thousands of tons ton of of oie e aro are in I 1 now amr blocked out Is regarded as on one of 0 the biggest things on oil earth when the present com company party which will retire lit tavor favor of ft capt de la I 1 mar far on march 2nd and next should the deal succeed began the development of the ground embraced in tile the marcur in I 1 the camp was practically abandoned john dern ed II if jurls iris john HeIn heindrich and others began the struggle in its 10 behalf however and today 0 a there are few properties more extensively ten known until the deal Is consummated said dern last night the affairs r the company will go forward as at present the conditions of oc the option being such as to interfere in no way it Is 19 vatz liely intimated that other doak deals in mercur of corresponding mag mae are about to be negotiated negotiate and that more titan than one property will be on its way to europe s should hould those negotiations succeed aldern al mr dern said that there was no intent intention forr on the part dart of 11 himself fill and friends to quit salt lake but that they would continue to tie to it and the hills of utah |