Show BUTTE AND BOSTON SOLD PROPERTY BID IN AT A PRICE anic E I 1 03 or reorganization committee the only bidder it if judge knowles confirms the sale work will begin 1 butte mont lent feb I 1 the butte and boston mining alining companas comp anys property consisting of fifty three mining claims smelters shelters sm elters concentrators concentrator and in fact everything eiery ei cry thing lip belonging longing to the company was mas sold by tile the receiver john I 1 F I 1 flo iorala rols in this city this at afternoon the property pro propel ty was bought by K E morse chairman of 0 the butto butte and boa ton reorganization committee who nho in company with attorney samuel ter meyer r 0 AV iiyama and 11 cochrane arrived in fit a special car to be plesent at the sale the amount paid hy by morse or to be paid by him was but ilia his bid was t it 1 l was ulicia a hat isi III known fus aa fill an equity of redemption demotion demp tion sale and before it a bid could be made it was necessary for the bidder to put up it a eel lined check for or this mr morse did but added ina more to it making it the stipulations of 0 the sale were such that lit in the property the purchaser assumed the response of 0 the indebtedness hanging over tile the butte and boston mr air morse was wag the only bidder find and th the e property was knocked dov down n to him in short order immediately after the equity redemption sale bale J 0 render bender the special master sold a portion of the ilia property to satisfy the million dollar mortKa ee i held by the massachusetts man loan allce trust company and morse also b bid I 1 d it in for or the amount ot of the mortgage e this million collais dol lais however Is part of the included in the list sale it wits was simply an additional cinch on the property the united states court will convene a I 1 tomorrow antei noon and judge knowle knowla wll alli he askel to lo the sale it the court complies compiles and there Is no reason to think that it will ivill not the reorganization committee will leave for or boston to mairow ritz lit and on its arrival there will proceed to effect a reorganization a at t once when this work la Is complete the works and mines ot of tw tile company will wil be started up it Is possible that G IV W hyams will he be selected eta aa gene general ral manager ot of the new reposition proposition but this will not be settled until the committee meats in ill boston |