Salt Lake Tribune | 1917-03-27 | Page 16 | Merger of Knight Mines Progressing

MERGER OF KNIGHT MINES PROGRESSING Lower Mammoth Holds Meeting at Which Consolidation Con-solidation Is Approved. Ca.rwn-- f;irt!i'--r foi ; rd t h plnia for a merger m- 1 nnf-ol kI;i 1 ion of riyht of the propf rt.ifs held lv the K hiii ht mtf rests, oiniiluhit; iheni with a. uumher of other lo. r niin 1 in- 1I.1 i ms, slm k holders of the I jower Mil in mot i i Mining I'rntipa ny 1 iId a sp'-'ial n !' 1 in U ye.sr-r,Jay at Mie rfhres ol l roiiiprin in tlh- I'iiOl' huildiii' and ! toi-m.i T I - i, nil wi t iioui opposition ra t ilied I I In' pl;m t.Miosed. 'I''h- new (jmpaiiy whieh is helrirJ organized or-ganized is 1 1 he k now n as 11 ie Umpire .Ml m-s ''omoaiiy and. In addition to taking ii,-r the Lower Mammoth, Mie ronsolida-I ronsolida-I ion 1 n h 1 1 es tin- a I isnrpt iou of the ( ipe 1 'oli;;olid;tl.-fl, the TVnneSN.ee Kfhe. the Central Ma niinot h, the Boston and Tintle. th: Mai nel, l he Old Colouv ,t Kureka. the rila-k Jro'k Consolidated and I he. ;(e-iiiiri-iih-nt of ahout 1 7 o aeres of lode tnihin elaiins in Lie Tintii- dislri' t. The Kmplte AT i nes onii;iny is helps urbanized with a i-a rd I ahza l ion of three million shares, and Mie lertns, approved so far as the Ijiwer Mammoth is eon-eerin-d, :j,,o caeh sloekholder in the Mower Mow-er Manininih lifleen sluires In the new 'nmpanv for e.aeh J i0 shares of the TAiWer ! Mammoih. I Atteiillon has frerpientlv been called to 1 Mie extensive pla ns upon wdii.-h t he I Knight interests expeet to institute a hiR-er hiR-er ati'l broader campaign nf clevelopmen t than any of the eompanles eon Id under-Make under-Make sinqle-ha niied. and it is regarded as 'eertain that Ihe Umpire Mines company will make a record this vear in the Tin-tic Tin-tic district.