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Show DIRECTORS OF MIC CENTRAL WILL NAflE mi M MANAGER TV'hfn orlt la rMiimtx) at th Tlnt.c Ofitrt properties) In Tlntlc, A. N. Holdt-y Holdt-y will not h th manager- fWm of ih tf.iwtora- of t his company nav not bn entirely Mtlaflad with tha mannar Jp whlrh Hotdaway carried on tha d aval op-mant op-mant work, and hava mada fraquant rnmplalnta. Thla condition haa tod to a (inra! dlaaatlsfactlon and HoMaway haa flnaJIy an no unrad hla wllltnneaa to turn th management ovar to any one tha director di-rector may name. The date for reaumlna nperatloni at the mine haa not been decided upon. Elthar a new hoist will be Installed to operata at a depth below the praent workings, which ara about 106 feet from tha surface, sur-face, or a donkey h1t will be Installed on tha 1010-foot station. Tha capacity of tha hoist on the property haa bean reached, and Holdaway was In favor' of ffMtlnjr a permanent equipment .whlrh will easily operate to a much greater depth, he being confident that they have ore below tha present workings. AU Interests In-terests were not agreed aa to tha pur 'Chase of heavier machinery. Home took the view that it would ha easier on shareholders share-holders la nut in tamooranr eaulDment that would do the work required, and after af-ter tha ore had been reached It would be an eaay matter to get all the equipment equip-ment needed to extract oree developed. One of the provo directors la authority for the statement that soma decision will be reached within a short time hy company com-pany officials as to future work. He Says tha large Intereeta ara sanguine that ore of a commercial grade la deposited within the confines of the company hold-Inga, hold-Inga, and that they expected to develop thse deposits within 10 to too feet below be-low the present workings. Tha work to data haa shown Indications of ore, and by reason of tha property location engineers engi-neers are of the opinion It will develop Into ft producer of liberal proportlona. |