Show f REORGANIZATION ORGANiZATION OF NEWHOUSE NE MINES CO l f t TON May 19 Charles Charles A. A Morse orse of the banking firm of Morse Co New York Frank Prank A. A of hapin Chapin Emmons Boston Doston and ana L. L P. P Kramer a director of the Boston BoRton Con Consolidated Consolidate have been appoint- appoint pd cM d as 81 a reorganization committee for the tho Newhouse Mine line and Smelter com corn With Mr r. r Morse as chairman The change the present first mort- mort Ait ag n 4 income bonds convert- convert Ii stock at 5 3 per share and as as- es cc nit ng the old stock 1 per share on eban changIng into new sto stock k has been und un un- un- un d Owners of fully ono one the bonds have bae a agreed to the tho ani Mr Kramer sails this week to secure consent of the tho English bond bond- holders Under this thiR plan pian fixed char charges s 's would he be eliminated and nEWa new bash tash a h raised for p paying in off floating debt and working capital |