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Show immi is to .1 BE LOOKED INTO Minority Stockholders Are to Meet Saturday to Talk Over Situation. WILL BRING HATTER SPEEDILY Til HEAD! Assert Directors Pail i Keeji Those Interested Properly 1 11 formed. What has every appearance ot" he-nothing he-nothing an interesting contest between tlie majority and the minority Btock-; Btock-; holders of the Honerlne Mining and Milling company began to tnkc definite form Thursday, when several prominent ! Salt Lake citizens agreed upon s meet ing at which many matters regarding the Honorine company and its affairs will be taken up for consideration. This I meeting is scheduled for nexi Saturday afternoon at .'! o'clock, in room 2lb Serald block, and at which session w)l be in attendance a great many lloner-ine lloner-ine stockholders, who state ttio purpose : of the meeting will be to take steps to ' better safeguard their interests. Tt was stated to The Tribune yester day upon good authority that those de-siroUS de-siroUS of securing a better underlain!-' underlain!-' ing trith tho Honerine ofilcialB, and 1 each of whore have agreed to attend the ' mooting, consist of Bueh citizens as V. S. MeyCornick, ). J, Salisbury, lleber M. wells, Joseph Lippman', Charles 8 Burton and numerous others who own 1 Honerine stock. Jt is claimed 1; those ; affected that the affairs of khe company are not understood1 by them as they deem conditions warrant The levying of a 20-c4n1 as.-:"ssmr til the present week by the board of di- 1 rectors has set this movement on foot, I and those who "wanl to know" are j of the opinion that this is the first of 1 I a series of threo assessments to settle 1 the indebtedness of ihe company They j : asserl that ihe Honerine company never 1 has held an annual meeting, or if it ' j has, the minority stockholders have nol j been apprised of the fact. They also ' stale that the company i paying 8 I per cent interest on the dept. while ' i money en seven years' time if necessary neces-sary was offered to the company at ii per cent Tt is only fair to say thai the lion- I ' erine has Wen somewhat of a disappointment disap-pointment to the local stockholders, although al-though they deem the mine one of the banner propositions in Ihe Slate. What ' action will be taken by the minority 1 holders of stock remains to be seen, bid from the nature of the people who 1 have taken the matter up it looks ns if j the movement, is loaded and one that will stick. S;nd a stockholder yesterday "We ; want to know ihe real status of the ' company, and why annual meetings an-no' an-no' hold and reports made as is usual j in such organizations. We believe it duo us to discover why the property i has nol been making a belter showing, and what the plans of those in charge are for the future. We certainly do not desire to keep paying assessments unless we know that the conditions at the mine warrant such an outlay. Some stock held by those ignorant of these conditions cost in the neighborhood neighbor-hood 6f (5 per share, and such owners rightly deem some information apropos when the stork of a generally conceded big mine is offered lor sale al a few crnts a share, especially when the mine must nol. hav been touched for its ore, lodging from the rate the indebtedness is being wiped out." |