Salt Lake Tribune | 1900-03-11 | Page 15 | Illinois and Paxman

Illinois and Paxman The shareholders of the Illinois and Paxman Mining companies whose properties overlook the town of 15u ivka untie are scheduled lo meet In Salt Lalce tomorrow when a proposition proposi-tion to consolidate will be submitted Both arc well known to mining men and UIOii lie Illinois for over two years some very active developments have been prosecuted It has pul in a shaft lo a depth of GOO feet and oft It opened up some GOO feet of ground This much accomplished the t Paxman companys ground can pow be most economically reached and that the companies will agree that consolidation ia the moSt desirable move for both Is almost assured as-sured Jn the alliance il IK proposed to fix the capital stock al 500000 shares of which number 100000 will go into the treasury for development purposes