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Show II SENDS LETTERTOCOLUMBUS CON. SHAREHOLDERS Praatdant Tony JMobaoa hva aant th follow In mtimr to atiarholdr of tha Columbus Co-lumbus Consolidated : 0 "To th stockholdoro of tho Columbua Coiiaolldaiad Mining company: Sir I aaa by tho lahpamtn Rooord of May IS. It'll, a latter waa aant out by C H. Olbba. 1. A. Jaffa and W. L. Maaa to tha atockhold. ara of tha Columbia Conaolldatad Mining ootnpany aakina for thalr prosiaa to ba votad at our annual moating- oat J una f. and I also nota that thay bava ciitlciaad tha praaent managamant for axtrava-ganca, axtrava-ganca, lack of lntalllganca and aiao of; not uaing tha company a raaourcos to tba I baat advantaga. "In b half of tha managamant I will etata that two of thaaa gantiaman hava vial tad tha pro party onco in tha last two yaara, and tha third, about thraa tlmaa la tha last yaar. and I do not saa how thay ara ao wall varaad aa to tha condltlotis of tha proparty and tha axtravaganoa of tha managemant. ate, whU Dot making Any mora fraquant vlslta. -Tba books of tha company show at this data that tha gantlsroan mantlond 'own tha following amounts of stock: W. L. Maaa, CM shares. C. H. Olbbs. l. A. Jeffs, 0; end L. A. Jeffs Is at the present time holdliur tha position of a director of .the company. 'I do not see why the letter waa not sent to all stockholders of record, as over two-thlrde of the outstanding stock Is held In Utah, and I do not believe that any of them have received the above mentioned letter. Myself and McCornlck. who own and control over one-third of the Issued stock, TW not receive the letter that the trio would leed the stockholders to believe waa for their own Interest, and we own and control the following amount of atock: Tony Jaeobeon, U.I0C shares; T. R. Snow Co., H.0OC shares: McCornlck. McCor-nlck. 40,000. making a total of ltl.lv sharee. you can see that If the above letter was Intended for the benefit of all concerned con-cerned they should have at leeet shown us the oourtesy of mailing us a letter, especially es-pecially when they have charged the management man-agement with such grosa neglect. "The books of the company also snow that for the last three aeeessmente. which amount to H oente a share, the three gentlemen have paid the following amounts on stock In thslr name: W. L u ... M. I. A T.rfH lift "By thle you cen eee that their Intereata Inter-eata are so small that It eeeme Impossible that they should take the Interest that they are taking to protect the etockhold-ere. etockhold-ere. unleae they have eome pereonal object ob-ject In view. I believe that the three gentlemen gen-tlemen above mentioned are dlreetore la the Superior Alta Mining company, which property Ilea weet of the Columbus Consolidated, Con-solidated, and which I understand la optioned op-tioned to a large corporation that la going go-ing Into Alta. and of course It would only be natural that If the same directors could control both propertlee It would be a hgr benefit to those In charge, aa the ColumHue Consolidated owne power plant and all equipment neceeaary to drive drain tuimele. which undoubtedly would be a great advantage to a new management. manage-ment. "I want, therefore, strongly to advise signing the Inclosed prosy which Is running run-ning to myself, property wltneesed and dated, and return In the Inclosed envelope In time to reach me. by June 4. ltll. tn order to avoid any conditions ag elated above. Very reapectlvely yours. "TOXT JACOBSON . |