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Show IS TIME IS GALLED ON EUREKA CITY GJiief Consolidated Company Sets Last Day When Stock Will Be Exchanged. ' MAY 16 IS DAY DETERMINED UPON Tinfic Deal Being Rounded Out by Giving All Plenty of Time. Aubrey Fitch, secretary of tho Eureka City Mining company. of Euroka. has forwarded for-warded to Btockholdere a notification that 1 tho directors of tho Chief Consolidated company, at a meeting held April U, determined de-termined that the offer to tho Eureka City stockholders for a consolidation will 1 Imj held open until noon of May 16. AH Eureka City company stockholders aro " Informed that if the offer Is accepted they must notify William Sensor, secretary of the Chief Consolidated company, at Houghton. Mich., by the date specified. The offer of tho Chief Consolidated company Is to give one plmrc of Its stock for each live shares of Eureka City, and 1 1 the proposition was opened for the latter organization several weckH aso. The two I properties adjoin In the Tlntlc mining I district, and when merged will round out f a very desirable proposition. The Chief Consolidated company during the past vcar has not oxpended all Its thought and ilme on development, alone, although a splendid amount of work baa been done, and to fine purpose, at ocnth. but the or-flclals or-flclals have quietly proceeded to enlarge the company's holdings, until today 11 has one of the largest and most desirable groups in the Tlntlc camp, i From tho beginning, tho Chlof Consolidated Consoli-dated determined on deep work, and the fchaft of the old Little Chief company has afforded an economical and ready access to resources far below the surface. The developments in the Chief, and also In I, the Eagle Sz Blue Bell, during the pact 4 few mouths have attracted attention anew to that part of the district, where V arc located such big propositions as the Ccntcnnlal-Eureka, Gemini. Eureka 1-1 111. and others. The Chief company started ; out in life with a handsomo cash development de-velopment fund, and with the treasury onerously provided with treasury stock for tho acquisition of other properties, and it is likely that the Eureka City ' stockholders soon will hnvo all their nock transferred for the new. . |