Show REORGANIZED SOUTH COLUMBUS fiNANCED Charles Chynoweth Edward UI 1 I Thomas Bastan and W W. Frank James I have ha been out from their home at Cal l. I limet Mich for tor or several days S 'S and In company com corn I I patty pan with Tony Jacobson made inside n a 1 complete completo com com- I 1 I pleto inspection of or the South Columbus and Wedge cd e properties at Alta Ala These men with lh tho the Jacobson brothers are iii th principal principal pal owners owner In this mining ground round and were hero to act upon the recommendation of ot President Jacobson n for tor the consolidation consolida consolida- I tion of ot th the tho properties A Aft Cpr r completing I ton their Il investigation the they returned to th I company offices In this ct city and placed d I their approval upon tho the plans pians for or con consolidation consolidation consoli consoli- ol dation the tho new company compan to lo he hf known as f the South Columbus Mining com company pan Tho reorganized company has hns shares of or stock of or which were to la tho the old South Columbus shareholders and shares to the crowd The remaining shares were placed In Inthe Inthe inthe the treasury The Tho Th easterners before leaving for rOT or their subscribed subscribed sub sub- homes and the Jacobson syndicate scribed for shares of or this treasury sur stock at 50 60 cents a 1 share sharo which hives gives the tho new nw company Company to carry carr on Its de development tc- tc work and leaves shares s for any emergency that ma may arise It I Is I planned to Increase th the UIA operations at tills this property during tho ho winter Inter inter In addition additon I to opening up additional oro ore reserves In Inthe Inthe inthe the South Columbus the drifts will wi be I continued from this property Into that th of ot tho the Wedge group which Is 11 higher up the mountain montain side sido and adjoining tho the South Colu Columbus in bus D By the tho consolidation of ot these theM two properties prop prop- orties one of ot the best besl mining propositions In the tho th high mountains of Alta AHa has ha b been en ln rounded out and hero thoro Is I every ever reason to believe that It will wi soon Boon be bo a n rival of or Its Ia neighbor the Columbus Consolidated which has mado made several hundred thousand dollars In pron profits It I has hn the advantage e of or splendid equipment and everything In perfect per per- feet ct working order to begin with wih while I Its Is location Is If In th the thern very verv center o of a aroen 1 I proven pro roen mineral al zone zon which has s 11 been one ono I of ot the richest ever developed In Utah i Another year will wiil wi undoubtedly undoubted see leo this property In tho ho regularly pro producing Chil class and Its 15 profits should be second to none nono that has been explored up to dato date |