Deseret Evening News | 1900-03-06 | Page 6 | Mortgage Filed

U United tue Issue A In the sum ar o 1000 was InI flied for afternoon b by which the United States company guarantees the redemption of the h bond I issue ue ot of Uk Ilk amount The mortgage which Wit was Ole ox In favor lavor ot of the Loan IAn antI and Trust compan ot of Massachusetts covers all the vou sit Kt of Ie claims and other property The bonds bomb bomben en ot of the denomInation 0 of 1000 each draw interest lit at the I rate t ot of 7 1 per lIr e cent t per annum and ate are redeemable In gold goldat nt at the expiration ot of ten or fifteen yer far to the terms lIt of the mortgage the bondholders ma may it th they desire cr e change hang the bonds tar for the com mining stock at par parThe fir The execution ot of this b big mortgage the he largest perhaps for tor witch which any allY ruin min lug Ing property In the State haM haK ever eft been made security la Is the final step ly which tb the united States Stata Mining com coat compin pin lien emerges from Its Ita to enter upon what oer every ORe one hopes will 1111 1 bet an era em of at great success Now that the sire In good Manager wIll no d doubt proceed at once wIth tb the plan 0 of development outlined by tie tle which al also o Includes uto 0 of Q n modern smelter