OCR Text |
Show NEIEL ABANDONS ROCHESTER FIGHT Announces He Has Quit; Ar-rangements Ar-rangements Making for Annual Meeting. John E. CowaJi received a telegram from Lovelocks yesterday afternoon that tho court had allowed John S. Ncnzel until -1 o'clock, yesterday afternoon to filo his appeal bond. The last previous extension of time had expired with the i close of Friday's business day. Yesterday morning, howover, tho dispatch dis-patch to Mr. Cowan said, Nenzol had an interview in tho TCcno Journal in which ho said he did' not intend to file tho bond, but had decided to quit tho tight. If that is dono It' means the end of tho litigation which has tied up tho Boch-1 ester Mines company for somo time. Steps havo nlrendy'boon taken by Mr. Cowan and associates, in conjunction with other interests that havo beon opposing op-posing Nenzol, to call tho long deferred annual meeting for the election of a now board or diroctors and tho reorganization re-organization of the company. Arrangements Arrange-ments for this mooting will havo to be approved by tho court and under tho law it cannot be held in less than two wcoks unless Nonzel decides to fall in line and waivo tho legal technicalities. Whenever this meeting is hold it will result in control of tbo company passing pass-ing out of Nenzol 's hands ns his loss of the 210,000 shares of stock awarded his former partners changes his holdings from a majority to a minority. The end of this Buit means renowed activity activ-ity for the company and tho camp. |