OCR Text |
Show NEWHOUSE REORGANIZATION NOW PRACTICALLY COMPLETE Special to the Tribune. NEW YORK. Dec. 1. The Hungar ian-Aihericau National bank, which is conducting the exchanL'o of stock from the Now house mines and smelter uuder the agreed plan of reorganization and issuing therefor stock in soulh I'lah mines and smelters for the now com pany. reports that "the transfer is now practically complete. Tho new company com-pany lakes over tho properties of tho Nowlionso company, which ceases to exi?f , Tho management of the now company announces that it has secured tho services serv-ices of A. J. Moffat t. who was superintendent super-intendent of Hip Newhouse mines and smelters from its inception until about twelve months ago. and who is thoroughly thor-oughly familiar with every detail of the company properties, Mr. Moffat t will superintend the property as ho did before the Newhouse closed down. |