OCR Text |
Show portion of the ground to W. S. Dingee, who is wealthy and a practical mining, man, having made his money in the development de-velopment of a number of properties in Nevada.' This lease 'was given after the application of a large number of mi- ; ning men bad been considered. In connection with, this information the shareholders were given the results of some assays of ores that had been taken from one cf the open trenches in the porperty, and which revealed values of $118 in the yellow metal. At the conclusion of the meeting a number num-ber of the officials subscribed for some of the treasury stock, in addition to their present holdings in the first, issue ul stock. No more enthusiastic ' man con be found in the company than Knickerbocker, Knicker-bocker, who has taken all the stock he can carry, and says that he is pinning his faith on the outcome of this ground, which he will inspect further within a few days. He expects to place some men on the unleased portion to see what the results will be. Dinp'.e lias wired the local offices of t'ie company that he will place as mauy men on the ground as can be worked profitably, and add more men as fast as the ground can be opened up. , LEASES SEVEN TROUGHS LAND. Shareholders of the Seven Troughs-Knickerbocker Troughs-Knickerbocker company met yesterday afternoon and listened to a most interesting inter-esting report from the management. It was shown that the company had finished fin-ished paying for all its ground aud had an absolutely clear title to sixty acres of mineral-bearing ground in the most S reductive part of the district. In ad-ition ad-ition to this the company has paid all outstanding claims of every nature and has a handsome surplus in the treasury. Upon the reading of the report by Knickerbocker, a lease was given on a |