Show A DAISY SETTLEf1ENT Creditors Will Foreclose and Join in Reorganization PROSPECTS FOR A LEASE Somo Thiuk the Daisys Average Ore Would Afford a Profit Idaho Mining Mi-ning Inspector Wants Ores Bsducd Here A New and Sensationally Rich Find in Nevada Adjourned Dnly Meeting Promises to he a Warm One Bob Walker on Utahs Great Iron Deposits Notes At a conference yesterday between thc creditors of the Daisy Mining company com-pany and some of the olllcers and Hharcholders of the latter It was practically prac-tically decided to proceed with the foreclosure fore-closure of the deed of trust executed j I some time ago as security for a loan of 2o000 and follow this up with an I I arrangement by which the shareholders of llio mining company will be permitted permit-ted to redeem their stock on payment ot J > cents In installments of 2 cents a 1 month All shareholders availing themselves them-selves of tills plan will realise 50000 with which to diflchargei a total In I debtcdness of 32400 This done the I company will have a balance In the treasury of 7GOO or thereabouts with which to turn over a new leaf and give the luckless proposition ono more opportunity to redeem itself This proposition said a gentleman who was present at the conference Is the only one that Js left and should It not result re-sult In a complete redemption of the mine and mill the creditors will unite with those shareholders who have Joined In the attempt and with them undertake to make the balance out oj the property It was said yesterday that parties In the city hud signified a willingness to take hold ot the Daisy mine and mill OH a lease provided they are allowed six months experimental work and at the cud of thai jwriod to pay a reasonable J rea-sonable royalty These gentlemen believe be-lieve that with some work in the laboratory lab-oratory even a 5260 proposition maybe may-be made to afford a profit |