Salt Lake Telegram | 1936-01-14 | Page 21 | Lettele May Co, Has Election

LITTLE MAY CO GO 1 HAS ELECTION Stockholders Stockholder of the Little May Mining company at their annual meeting Monday night reelected he the old board of directors and heard reports of its officers President John Matson reported that the Raft River mine in Box BoxElder Elder Eider county has ms an excellent grade of or gold ore are which is being mined and saved for tor shipment A car of r the tho ore are is ready for tor the smelter but heavy snows hove have lave closed the roads Within the last year feet teet of oC development have been done at the Raft River including feet of new tunnel The Beaver county and Tintic properties of the Little May have been idle throughout the year Mr Matson recommends that they be opened as soon as funds are available The report of or the treas secretary H. H EJ EI Giles showed total as ass assets as- as s sets l of oC 1450 current and fixed assets the latter including including in in- eluding mining minin property and de de- de- de The profit and loss statement reflected a net expense for the year of oC 99