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Show Directors Levy Assessment for Purpose of Going Toward Greater Depths. AY. S. M'CORNICK IS ELECTED TREASURER New Officials Are Necessary, Owing to Resignation of CO. Ellingwood. The directors of the Victor Consolidated Consol-idated company met Monday afternoon, and as has boon predicted 'in The Tribune Tri-bune for several weeks past, started into motion the wheels of activity. An assessment of ono and one-half cents per share was levied for tho purpose pur-pose of providing funds for placing the mino in condition for active operations, oper-ations, and for beginning what, should result in a season of unparalleled prosperity pros-perity for this Tintic property. C. O. Ellingwood, who has served tho company during tho past year iu the capacity of director and treasurer placed his resignation before tho board, and this was accopted, W. S. McCornick, McCor-nick, tho well-known banker, was elected to fill the vacancy of treasurer, treas-urer, and L. L. Terry was elected a director to succeed Mr. Ellingwood. Tho connection 6 Mv. McCornick with tho "Victor Consolidated 13 one of the features of the year for this company, and it with the selection of Mr. Terry has proved of tho utmost satisfaction to the stockholders generally. It is tho intention or tho Victor Consolidated Con-solidated company to basin work without with-out delaj", and to extend tho workings work-ings of the property 300 feet farther. That this property will be the scene of some very gratifying developments within the present year is confidently anticipated by all who have familiarized familiar-ized themselves with conditions here and on surrounding properties. Tho advent ad-vent of the Victor Con., as an active property will bo met with much satis-faction'among satis-faction'among local circles. |