Show NEVADA UTAH NEVADA O AU Willen WILL GET en DECISION FROM COURT THIS MONTH MONTHA 1 A decision on tho reorganization of the tho Utah Nevada No Mines and Smelters corporation is expected some time this mouth month This means that after this decision de do has been handed down that ar arrangements re r rn will wi be bo made immediately to resume operations at the tle company compan properties at he To that section of Nevada there is IS a great treat deal of significance sil sig sig- attached to this prospective move as it i will wi result in a 3 number of men being g given cn employment and the tho production of a large ore are tonnage e should follow Th Tho Mines Ines and tand Smelters Smelt Smelt- ers era corporation ion reorganization started early in the tho year It I has not been completed cary ow owing to litigation Properties Prop of tho the COI company were bought in 1 Juno luno by reorganizes reorganizers a number of the local ers agreeing upon tho the plans submitted An objection wa was raised to the methods of sale falo by a R holder of 2300 2500 shares hares and ann an appeal taken from from the referees referee's decision Later Judge Hand in the United Sta States State tc district court on Rr arguments u. u ments menta that the sale salo was 31 IC legal Rl but an appeal was taken from this decision Thc These o delays elars have been annoying to toa a lar large e majority of shareholders in this company as it i appears they were anxious ious ions to pay the assessment called for forb forby b bv by the tho reorganization committee and clean dean up the indebtedness neM of the com pany It I provided also for a working capital sufficient to place the proper properties properties proper ties tes on a n self scH supporting basis and tho the opinion of of Utah shareholders of this corporation is that with wih proper management man man- cement the company would go o on a profit making makin scale within a short time I after operations were resumed Securities of the new corporation cannot be bo issued until dec decision sion on appeal ap peal ha has been rendered and assets of or orthe the com company pan d delivered by bv the trustee It I will i require ont only a short time to comply campI with the tho law in making this exchange and then a permanent or organization organ organ- an will wi be made and someone placed place in char charge e of the properties |