OCR Text |
Show OLD AMERICAN MINING LEVIES ASSESSMENT Beport Conditions Seem Highly Favorable Favor-able to Location of Good Deposits. Special to The Tribune. PEOVO, May IX. An assessment of 1 cent a share on the outstanding stock of the Old American Mining company com-pany was levied today at the meeting of the Knight interests. Work on the property, which adjoins the Colorado, was resumed about two months ago through the 800-level of the Colorado and it is reported that conditions seem highly favorable to the location of good ore deposits. The assessment will become be-come delinquent June 1-1, and July 2 has been designated as sale date. While no official statement was given out by the meeting it is understood under-stood that the April showings of the Tron Blossom and the Colorado were of a satisfactory character. |