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Show IMA1IA-TOPAH HASOALIiEniKG After being in session the greater part of yesterday the stockholders of the Montana.Tonopah Minlna company completed com-pleted their work, and adjourned. This waa the annual meeting; and waa held In the MrOomlek Co. offlcea In thia city. There were represented In person per-son and by proxy 7oe,4gfr aharee of the outstanding lesue of more than t00,0v0 shares. The following; board of directors was elected for the year: Henrv D. lloore. Philadelphia: J. M. Wvnn. Philadelphia: William P. M. Braun. Phlladelohla: I male ma-le v Baldwin. Cleveland: W. R. Knowlee. San Francisco; W. B. Alexander. Tono hah: Thomas J. Lynch. Tonopah: Charlee E. Morris. Pony, Mont., and Charles E. Knox, Berkeley, fal. The directors then elected the following1 officers: President and general manager. Charles C Knox: vice president, Henry D. Moora; aeoond vice president. T. J. Lynch: secretary snd treasurer. W. B. Alexander. Thomaa K. Stevens waa appointed agent for the company In the atate of I'tah. with an office at 0t Nswhouse building. Bait Lake City. - There are twn changea In the board of directors Mr. Baldwin succeeds K, M. Kirk and Mr. Braun aucceeda J. W. Myers. The fiscal year of the company cloaed August 31. During the year the company com-pany treated 12.092 tona. against s2.345 tons for the previous year. The net profits were 1173.002 62. agalnat 1I4.-715.40 1I4.-715.40 for the prevloue year. A reduction reduc-tion In mining cost of 21.1 a ton waa ahowa and the mill costs were reduced 4.4 centa a ton. The average metallic extraction made leal year waa 69.7 per cent. Dividends paid laet year amounted to 1120.000. There ta no Indebtedness and there la a caah eurplua amounting to 1:'04,I10. Ths company management ra-porla ra-porla a considerable amount of good milling ore In night and expecta a more profitable operation during the coming nS3aas59KSBBSBaBaaas3BEssss |