Show f. I 1 Market i iN I N NESS NESS' W yonI Jan 18 AI rolled rolle 1 strIp steel Is down H 4 a 11 ton In tho district quotations now boIng bo- bo Inc Ing cents it I pound against 30 cents last year ear Better Detter demand from Crom the motor and an agricultural trades for both sheets and strip steel Is reported Improved demand leman 1 for oIl Ipe Is expected tIme tho end ot of this mon month tho World orM production ot of opper In December Decem- Decem bOr ber Is estimated at tons by tIme tho I American bureau o of metal statistics compared wIth 11 In November The output for 19 1926 6 was wa tons Including nn an estImate or of tons for countries This It a average for the lent eRI of tonS tont for reporting countries which fur fur- nishel I 97 07 mier cent of if the Cite worlds world's total In 1921 against 1 tons monthly In 1925 T T. TI r. ot of the Utah State National bank banle was seas elected vice president ot of time the Snit Salt Lake chapter of the American Institute In- In ot of Banking at time the regular monthly month month- ly lip meeting Monday night lie will viii fill Ill time the term of if V IV P. P Durran ot of tile the fe federal ral le-ral reserve bank who has ha been heen trane to Los Ios Angeles Cal Walter J. J Lewis of time the Continental National bank was elected ele to time the vacancy cancy on the board ot of governors caused by the promotion promotion pro pro- motion ot of Band Dand i t rp r if wIll rl I iJ tha tile banking house of Groth- Groth ers ers Bankers In Salt Lake Lalee City Utah I on January 1927 at 11 o'clock a. a m. m to transact any business that may como come before the tho meeting lug Ins hut but thereby limiting time tho business that may muy be transacted the consideration ot of and voting upon rca res I 11 a ratifying the action of the tho Di Df rectors In authorizing the tho President to I ent enter r Into a Lease and Option Ith Robert N. N Bell Beli and time the execution and delivery or of same under dato ber 26 1923 by the 1110 Officers said Lease and Option containing among other provisions an option to Lessee to purchase said property on or before before be- be fore January 1 1927 for tor less royalties received which apply orr on purchase pure pur chase price said property bel beIng ng located lo- lo In Day Bay Mining l District Custer County Idaho and described i as follows The SILVER RULE Group of Quartz Lode Mining l Claims sItuate on Slate Cree Creek Ie viz Sliver Silver Rule and New Sliver lIvel Rule also RED BIRD Group ot of Quartz Lode Lodo MIning I Claims situate on Squaw Creek viz Red Bird ICed Hed Bird No 2 2 Red No 10 3 ned fled Bird No 4 Black Black- Cat Black Cat No 2 Omaha Victor Vietor Vie Vie- I tor No 2 Green BIrd Lalee Side Ide Cold Springs Cold Springs No 2 SugarLoaf Sugar Loaf also RED HEU Mill III Site Ite and OMAHA 1 Site also ELLA Group of at Quartz Lode MinIng l Claims situate on Creel Creek vIz Overland Ella Climax Crown also atso CLA CLAYTON Mill Site and ELLA Mill 1 Site together with all dips spurs and angles and all ores and metals and all rights and franchises and all water rights buildings and Improvements belonging be- be longing to or In any wise appertain appertain- tog Ins to the above described property also all buildings and property situate In the tho town ot of Clayton 1 belonging to Clayton Mining Smelting Company whether specifically mentioned c ot otherwise gW b and confirming time tile action of the President and Secretary of this Corporation In executing and delIvering to Ford Motor Company a corporation successor In Interest to Robert Hobert N. N Bell his Lease and Option a quit claIm deed decd conveying the property described In said Lease and Option and In causIng said deed to be placed by Ford Motor Company In escrow with FIrst National Hank Dank ot of Omaha together wIth tho of the purchase of said property said Raid deed to be delivered to lord Ford Motor Mo Mo- tor Company and said money to be paid to this Corporation upon the rati- rati ot of Ito shareholders and alid the I entry of at a decree In suit to be brought In Idaho quieting title to said property prop prop- I erty In 0 FOId ord Motor Company Ford Motor Company Compary having given notice prior to December 20 1926 of Its desire do- do sire and Intention to exercise the option option op- op tion to purchase said property and the consummation of said sale beIng dependent only upon the ratifIcation of said stockholders holder and entry ot of said decree c ratifying the action of the Pre Pre- Ident In iii entering Into a Lease and Option dated July 85 15 1926 with Aetna 1 Mining Investment Company an Idaho said Lease and Option containing among other pro pro- visIons an option to Lessee to purChase purchase pur- pur chase said p. on or belore July 15 15 1928 for tor less royalties received which apply on purchase price said property being In Custer County Idaho and described as follows Patented Sky Claims Lark and Shamrock Claims Claims- Shamrock No 2 No 3 Sky Lark Lane No 2 Sky Sley Lane No 3 Silver ilver Wing Summit Saturn Queen ot of the Hills I d ratifying the acts of the Dl- Dl rectors and In managing the affairs of at the Corporation and authorizing au- au the PresIdent to sell all ot of its remaining property at such prices and upon such terms of payment as may be approved by the tho Directors e authorizing Directors and Officers to torm pe-torm all necessary or proper acts and execute and deliver aU all necessary or proper Instruments to I carry out the Leases and Options heleln fore mentioned and any other transactions undertaken In connection with the rile winding up of the Corpora Corpora- Lions Lion's affairs in the absence of a quorum of the Hoard Board ot of DIrectors this Meeting Is called by tho undersigned ers ers owning more than one half of the tho outstanding stock Dated December 1926 Tri C. C B. B NASH COMPANY By C. C 13 NASH L. L P. P CROFOOT L. L I P. P CROFOOT Trustee Owning O more than one halt ot of the outstanding of Clayton Mining Smelting Company Approved I L. L F. F CROFOOT d nt L. L U. U 1 t StarY |