Salt Lake Telegram | 1902-02-12 | Page 6 | Shawmut Reorganization

Shawmut Reorganization A Tribune dispatch from Boston Boton t ia-t night says eay the directors of or the Shawmut Shawmut Shaw Shaw- mut Mining ining company by which the Cuba and other properties at Bingham Binsham Bing Bins ham are owned have decided on a aplan aplan aplan plan for the reorganization and that with ith an efficient management at this end of the line lne as a well vell wel as a In the East will trill wi give the property and the plant another trial Reports on the thc property that have been forwarded to the company corn com com I I pany patsy in the East Eat have satisfied the di directors directors directors di- di rectors that with a competent person at the head of the mines they can be made to yield substantial returns return Certainly the properties afforded the most substantial assurance at one onetime onetime time of developing into most productive productive tive lve ores That however was when work was being directed by Capt Mc Mc- Vichie and Herman Helman Green experienced mining men