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Show REED'S PEAK Mil STOCKJS LISTED Company Capitalized for 300,000 Shares, 100,000 Issued, No Indebtedness WitI a cap tal zat on of 00 000 s a es no indebtedness and but 100 000 shares outstanding the stock of trie Reed s peak M n nQ company was listed on the Salt Lake S ock and M n ng exchange yes er day The proper y of the company is lo cated In the B g Cottonwood d str ct and 1 es no thwester y f om the Card ft mine There a e 00 000 shares In the treasury T e stock Is ass ssab e and tne par a ue of each a are Is 10 cents W D Lewis s pres dent Of the com pany and W J Bardsley is secretary and reasu er It was organized on Feb ruary 14 1907 Twenty one cairns com pr se the ho d ns all of wh ch are un patented and wh ch are named in the app cation for 1 sting as fo ows B rt Day B rth Day Nos 12o45678 9 10 and 11 Taft Nos 1 and I Keys one Nos 1 and 2 Vernal Lexington B anche 111 no s and Little Char e Six la ms a e surveyed for paten There is no bond on any of the cla ms and no 1 gat on re at ve to the property The apphcat on states that there ale some small confi cts The developn ent work cons sts of two tunnels one in 600 feet and the other in 500 feet The property is ocated twe ve ml es from the ra road and at present four men are errp ojed The o e s s ver lead and s show ng in t e upper wo k ings though it is not b ocked out n such a manner that it can be measured up Du ng 1912 the company s pped twen v ons fifteen tons of which a eraged $15 per ton and five tons of wl ich ave aged $40 to the ton The application for 1 st 1 g was approv ed by the list n com mittee |