Show I FOR FOP MONTGOMERY MT t Before the dep departure of oC Samuel Samul New New- hO noon it V was learned that there would could be a meeting i of the V I of or tb ll the Montgomery lam lain company of which h Mm- Mm I is is president wh c on the tho of this month The object of this meeting I 1 winch which is is to tn bo be in this thula city is to i consider on id r tl time the advisability of cir issuing issuing bonds for the purpose of rvin in jg the company c the thc means with which to wih carry mi 11 Us its s development ut work Still Stil another r I an is 19 aul ait to be lie considered and that will be the time matter malter of j passing ui umu I a tp on oil 01 the recommendation of the board boar of ot directors to increase tIme the capital stock of alt the tIme company compan shares l This new issue issue it is is s presumed is us to be he made to take care of tho the new bonds proposed I which h after a certain date bowl can an be con con- into stock tock of the company compan- move lo e in iu mu the Montgomery Moon roun i tam tin tain affairs affair ill n wi unquestionably bo ho hailed w with h delight b by every bOl or ar T of or that compau fur it it means means means' that j operations operation are aro ar to be resumed and that 1 I Mr lr 8 cn engineers have hare seen the I possibilities of or the property in tho time light that he lie has been belm given JI the assurance that a n mine can an be developed clop d in in that half hal of Montgomery mountain As s a further evidence e of the confidence that Mr Ir has in th tIme the ultimate outcome out out- come conic of this property it is faid said paid that he has hag agreed th that t he will i underwrite th entire bond issue so that tho the company ma may have ha the use of tho the money to begin operations at once The hi history torr of the Montgomery Mining company is ia remarkable Originally Ori On- Ori tho property was purchased b bythe by bytho Nt ho tho the lute Inte D. D II H. Peery and Ind ud Clarence McCornick Mc Mc- Ic Cornick Corick of the thc bank banking u of McCornick nick muck Co of Salt Lako Lake C City y for a sum stun said call taid to have ha been It I was bou bought ht for its prospective value lle rather than for or it its ore Off showings The ground of or the tIme Montgomery Mountain Mining covers co one half of Montgomery I mountain in Bullfrog aud and tho the other half of the tho mountain is owned by the tho Mont Mont- gomery company When the property Shoshone was originally purchased Mr 11 Peery expressed the idea that it was wn more than likely that an extension iol of the Shoshone vein would be found on Montgomery lont omrY Mountain ground round Later Lateri it i was ns 1 discovered c that the ore are shoot in inthe th the tho was W a perpendicular per pipe and that that there thero was really re re- al ally no extension of any Shoshone vein cin Work was then dis discontinued ilis- ilis continued on the Montgomery omer Mountain Mining company's company s ground it itis itis is iK known the ground has hag been and tho timo tunnel workings of the Montgomery Mountain Mining company re A theory that n a sister ore bod body to that of the Montgomery Sho sho shone although a separate and distinct one nile will wi b be opened on on the Montgomery Montgomer Mountain Mining company's ground has as been formulated by the tie en engineers ineer |