Show r J Biggest Molybdenum Mine on Sale LEADVILLE Colo Dec 9 UP CUP f The The Climax molybdenum mine largest producer of the precious steel-hardening steel war alloy in the world went on the auction block for delinquent taxes Monday but Lake county officials admitted they didn't expect any bidders The mine nestled high In the Rocky mountain pine country 15 miles east of historic is being sold specifically for nonpayment nonpayment nonpayment ment of the 1939 assessment which together with interest and penalties penalties penal- penal ties lies totals The 1940 taxes total and the 1941 asses- asses ment is expected to be even higher Under Colorado law mines are assessed at one-fourth one of the value of their gross production The company values Its ore output at the county says the figure should be Attorneys for the company are not annoyed at the county's action in attempting to sell the property blaming the tax controversy on questions too numerous complicated complicated complicated and technical to be argued in newspaper columns They wont won't be buying a tax taxi i 1 certificate said Barney Whatley chief counsel for Climax l I be be buying a lawsuit |