Salt Lake Telegram | 1907-12-11 | Page 8 | Clark Matters Adjusted

I j I I I I j I j t I 1 I CLARK MATTERS ADJUSTED 1 I I LOS OS ANGELES ANGELIS Dec II Ac AccordIng According to toI 1 I time the terms of ot an agreement reached by liv bythe bythe the directors and shareholders of oC the Clark Copper com company pan a satisfactory all ad- o of differences between the mai ma- ma i and minority stockholders W wits was tS effee cf- cf I fee t sd The annual meeting of UI the comp company ny will wll be be- beheld held In 10 this city next Saturday at I which time Fielding J. J and Lester Scott will be elected members of or tho time gOI governing gO gov I board to lo represent the minority stockholders It Is said that Mr ScottI Scott will succeed H. H I L. L Percy as a. secretary of or ortho I tho the company and that the two new directors diree- diree tors lors will servo serve three years J J. Ho Ross Rons s Clark said An entirely satisfactory adjustment o of all aU the dIfferences heretofore existing has lisa I been i cached and amI time the terms of ot this set set- I will b be submitted to and approved cil JJ by the stockholders at the tho annual mc meetIng meet lOCaL tIng t- t I Ing next Saturday I According to the 8 agreement some I shares of promoters promoters' stock will be n 10 re- tn tO time the treasury of the Iho company compall and S worth of stock which has ha been withheld will wall also diso be lie c returned to the time treasur treasury ll By r reason of or this settlement thero there Is no doubt that the tile stock has acI acquired ac- ac an enhanced Sir Mr Jr Clark says the chief trouble ha has arisen n In the ranks of or tho the shareholders of or orthe the time company compan the tIie fact that pay copper ore has hns not been opened up tip In the compan company's properties in Under Under tinder Un Un- der the tIme terms of oC the new arr arrangement It will bo be possible to prospect other ground considered more favorable If the directorS tors of ot the company compan so decide J J. Ross Clark n and d F F. H. H Lyon on aro arc to lo remain members of oC th the board of r directors and several pe amendments to the laws by-laws will be made