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Show TETRO mm SOLD 1(1 PLI1TUS COMPANY Deal Ratified on Wednesday and Valuable Ground Is Turned Over. At a special uicethi.ee Wednesday af-tornoon af-tornoon of rue stockholders of the Tetro Te-tro Mining company, the proposition recently made by itfc directors of the company to dispose of the property of tho organization to the Plulus Miniu coiupaiij' was ratified, and the Plutus noTv has this additional group of Tintic territory of merit within its boundar lines. The Plutus company pays to tbe Tetro stockholders the sum of .34,000 cash for tbo group, and njiroc!: to jdivo thO'Slockholdors as individuals the right to secure tbo Plutus stock at the rate of nine shares of riutus for ten shares of Tetro. The Tetro property consists of four patented claims iu tlic heart of the great producing zone of Tintic, and during tho past few years oi' its development the property has sent out over $70,000 worth of ores. The Tetro conipauv has opeued the group to tho 500-foot level, and tho equipment uovr over the shaft is practically new and in every vruj-capable vruj-capable of bundling cveu deeper work, aud the PlutuB Tnauagemeut will 110 doubt take advantage of this depth to reach over iuto tho original Plutus resources. re-sources. This was asserted several dnys, ago by T)nvc Evans, goneral manager of the'Plutns company, und ho predicted hat work would begin very soon after the Tetro deal was completely rouuded out. The Plutus company was organized organ-ized several years ago bv Jesso Knight and Mr. Evans. Since then these interests inter-ests have added tho properties of several sev-eral organizations ad.joiuiug tlw original origi-nal holdings. |