| Show HUGE HOMESTAKE DEAL proposal to increase capital stock to shares AS PAY FOR GREAT PROPERTY the highland mining company to ha be absorbed by the homestake Home Homes stake tako and also to pay for the railroad that operates between the minos blines and mills the proposition to bo be voted on oil at ft a stockholders meeting in san today it will no doubt bo be ratified the shareholders of the preat great homo home stake blake of south dakota of m eliom horn there aro are several in zion win will gather jn ili special session pension at the lh offices of 0 tho the company in son san today at the iho meeting the shareholders will M vote upon a proposition to increase tho the number ot of pharos hares from of 0 the par pap value of to tn bli baliares ares with I 1 the he par value remaining what tho the object of tills this increase la 14 has excited a great deal of conjecture uie throughout mining circles ey by a gentler man a R nho n be carries shares charba of the stok among hla his valuables valuable a anil and from fr ant which lie he derives ts SS a day on hla his investment ve it was yesterday yeste yest iday elday divulged from him it Is learned that the new issue la Js tor for the purpose of 0 paying tor for the properties of 0 the highland mining alining earn company pany of which ilan hon 0 J salisbury ot of tills this city Is one of 0 the prine principal I 1 owners owner tills this bonanza that h haa as been productive of 0 dividends amounting to the shareholders are arc to receive shares of 0 stock in the homestake Home Horne stake on oil saturdays market in tew new 2 york Home homestake stake was quoted at 75 a a share on this basis mr salisbury and nix his associates receive asu 00 this acquired the Home homestake stake company will josue issue a similar number of shares in payment for the properties of the canal water vater company by which the mills of lead city and the people pe ale of deadwood are arc supplied while alle shares m hlll III so go in payment for or the rall railroad road that operates between the mines and the mills this thia making a total coial of to be distributed among the owners of the various in it Is on this proposition thit that the shareholders will vote at son san Pran francisco rand cisco today and according to tho the tribunes informant whose hose wo was a several days ago sent to mr louna bury son in law of mr hags haggin it aill no doubt be rall fled the absorption of these interests by it the in Home homestake stake makes it a perfect mining proposition and completes its economic equipment abille adding II 11 to sri an empire from which din 1 bends a amounting to bai hac c ben been raised |
