Show M 4 I r I r iL h N m L I I W JL Ii l N. N L I T G 1 the News Mews Quotations Camps From and andon AH All AllS AllS' on S' S k ST T O. O J c K y S g From Prices wi With h the Leading Flashed Latest M. M j AI Ri K I E T TS S Of NEVADA CON COi VItE VItES S VOTE YOT ON MERGER A number of oC statements have been made by President James Phillips Ji Jr Jr k I he hG Nevada Ne Consolidated Mining com com- r jiny relative to the position h hc Ite has taken u opp opposing the me merger ger with Ut Utah h Cop- Cop vf r. r Despite the fa Ca fact t that he has been i twice by the directors of oC his he c to carry thi th the light fight fp hi ih tj- tj e shareholders shareholder acid anil the 1 result of ol etl shareholders shareholders' r el meeting et 0 on next e e t 15 will be watched with no little inter- inter J men and financiers rs In all COC the country Some ome surprise has n expressed a at t the action of oC some of or off orl l' l f directors of or Nevada Consolidated Is' Is s. s I is especially true of oC W W. and C. C Martin Kuhn who vho were pp to the merger mergel yet voted in fa- fa f submitting the proposition to the I holders of oC their company without men t. t If lr Smith was asked b by a of the Philadelphia News Bureau thel er he and Mr l Kuhn his associate he i Nevada evada evada Consolidated Copper com com- t b board ard when hen voting to send the off of- of 1 f of pf the Utah Copper company for an ani i Change of oC stock to the Nevada Consol- Consol I. I 11 stockholders had withdrawn their eJA I apposition to the merger and also whether I er r hey Indorsed the statements con con- Utah Copper as set forth in the PO ter ler to the Nevada Nc Consolidated sto stock stock- ko k- k o ders ers by James Phillips Jr president the board Io i at- at Lb this Mr Smith replied In answer ri i I your first question would say up to toI j. j I L L' L lire it present time the position of Mr l and myself in opposing the merger 1 S the same n BS as it has s been It i e entirely proper or to u ug to transmit s offer coming as it did from a ible ble concern to the thi Nevada evada r. r without recommendation no state- state i i having been boen presented to the icard oard on which It would act except I in the letter latter of the tile consulting to the company and which we Ink all stockholders are entitled to reye re- re elve ye There is no significance there's theres there there- s 's In our voting to present the offer to tol stockholders t l- l n reply l to the second question would that the statements made maUe by Mr N p in the first part of his C circular ir iraI aI II letter concerning 0 e Mr Kuhn I and d myself r fj entirely true the figures however C Utah tah Copper are Mr PhIl PhIl- own ps and neither Mr Kuhn Kulin nor my- my it If wish It to be understood that they tf ours or that we Indorse them I J feel JP quite sure that Mr Phillips himself W. W U 1 not Intend to give glye any other I sjon than this fa jr hIt It It is entirely true that Mr II Kuhn Kuhis and Vi have leave been opposed to the so-called so b i. i but not for the reason leason that t we ie tI e ej doubted the s statements n made by ly y the eni en- en j i j and officers man many of oC whom are personal friends of the Utah Copper e company concerning g their property Mr 11 1 Kuhn and myself believed It was best to maintain the Independent entity of our own property and have hoped to toS S i see this done For the gentlemen e who have been in control of the lie Utah Tai Copper company I have hae only the highest regard and would accept an any statements made b by them bern as absolutely absolutely- true and anil correct |