Show ROUND MOUNTAIN ANNUAl ANtUA MEETING TO BE Bf LIVELY ON ONE ONEA I I I A J eJ lively time Is promised for tor or shareholders shareholders share hare i holders of the Hound Mountain Mining i company compan at the annual meeting of oC stockholders stock stock- holders next Monday Charges of Incompetency potency nc have havo b been n made against the tile present present present pres pres- ent pt management to which a ft reply has been made showing hat that th the properties of the company are arc In the tho heat best best phy physical condition and aOI that a A large cash surplus has been accumulated J. J P. P Sweeney ono one of ot tho the largest stockholders stockholders stock stock- holders of or the company compan who two years car ago ngo made an unsuccessful attempt to secure control of or the tho company compan and wrest It I from tho the present management has hl sent senta a n circular letter leter to the stockholders under unter data of April 5 In which he attacks the Davis ls DI administration and tho tire pr present sent Ita status of tho the officers of ot the company Charges of or exaggeration xa and misrepresentation are aro mado made a against tho th manage manage- ment The Tho HU litigation In which the tho company company com corn pany Is J now Involved In Is I alleged to be greatly greath underestimated b by officials of oC the com company pan in their r representations pr to stockholders stockholders stock tock holders holder the tho physical condition of the property Is I alleged to bo be depreciating and the earnings of or the tho company are alleged to have hAve largely decreased ed during the tho last six lx months month The Tho stockholders are urged b by Mr Sweeney to now sell el their stock us as 18 soon foon 03 os possible to get out of the tho Round Mountain Mining company and to sta stay out of ot It It I. I specially especially as ns Ion long I as a It Is under tho the present management James R. R Davis DavIR president and manager of ot the tho Round Mountain cm company pa In a circular letter leter replying to tho Sweeney charges t. t says ss s's In part part- My 01 annual r report for or the y year ar 1310 11 will wi be submitted to th tim stockholders stockholder on April Apri 17 ii Ii and It will wi show that tho the company com com- pany any Is In better beter financial condition and that hat th tIre the mines are aro in bet better r physical con- con diton than they have ever before been during the life le of ot the tho company compan On Feb Feb- rusty 28 8 tho the end of our fiscal year ear wo we had lad a n cash balance balancA In the bank and bullion bullon hullon bul- bul lon lion lon In transit transi of ot and we had ha developed and blocked out at that time ore reserves serves of oC tons I have havo closed contracts for machinery which will wi In Increase Increase Increase In- In crease the capacity of our mill mi at least fU fifty tons per da day This machinery is now being shipped and will wi be bo installed r and running within sixty days das This will wi increase in- in creat crease the tho earning power of ot the company approximately one I 01 directed the first work that w was ever eor done lone on company account on Round Mountain fount ln and have havo watched the development development development develop develop- ment of the tho property properly closely and carefully and am willing lo to take the tho responsibility of saying to tho the stockholders that their property is In better beter condition now than thant It t has ever been and of ot greater great r value |