Salt Lake Telegram | 1916-02-27 | Page 34 | J. Wm. Knight is Buying Shares of Tintic Central Co.

J. J WM M. M KNIGHT IS BUYING SHARES Of CENTRAl CO S J J. J William Knight has recently made madean an Inspection of the Tintic Central ground in Tintic since which time he has been buying considerable stock of of the corn com pany At the Knight offices In Provo It ItIs itis Is Is said nard that the Knight company Is not ot Interested In the deal and that the stock buying has been solely for the account of William Knight t and that it has It-has t has no bearIng bearIng bearing bear- bear Ing on his connections with Iron Blossom or any of the Knight Investment company's company's company's com com- pany's holdings A report came to the local exchange during the week to the effect that they hey had encountered pay ore in the Tintic Central ground but that it was In the western portion of the property while the the big ore deposit in the adjoining ground of the Iron Blossom was to the east Manager Reed L. L Anderson of the Tintic Central denied yesterday that any ore had been encountered in the company ground recently He said that he was talking to the mine foreman Saturday morning and that no new ore development development development develop develop- ment had taken place Much interest is manifest manlest in the that Is Is' being sunk from the level I of ot this property and last week company company company com com- pany officials Inspected inspect d the thel property The is following the vein matter matterand matterand matterand and some zinc ore is showing The hope Is expressed that this may lead to something something something some some- thing of a permanent ore deposit of the character found in the theIron Iron Blossom for sufficient depth has been obtained to get results soon It U is understood that J J. William Knight may take a berth on the directorate of the company Some of the officials of the company have expressed a desire that Knight accept the presidency of ot the c m- m this would strengthen the company's company's company's com com- pany's financial position and he would be beof beof beof of material assistance to the company in advising as to the manner in which the theore theore theore ore occurs in the adjoining properties operated by the Knight companies