| Show HEINZE HEINlE CHAllENGES ALLISON lUSON REPORT ON OHI OHIO MINE F Augu Augustus takes hikes exception to tho statements made b by President A. A O. O Allison of ot th the tho Ohio Copper company n In a statement j Heinze has sent to t stockholders erA ers ea of the cO company pan lie He rays mys Allison Is trying to ruin his credit cedit and Injure him financially Ho says that Allison Is 19 the owner of ot only 10 shares of or Ohio h o Copper Cop Cop- per while claims to o own ow betwee between anci and thare hares and of or orthe the company's bond Issue Allison Alson has sent ent out the the- official call caU for forthe forthe forthe the annual meeting and asks aks th that t proxies be e given to men whom he has haA named In tho Allison Alson letter leter It la is Is' Is stated state that It itis Js is the desire that Heinze and his associates asso asso- aso- aso I elates cateR be he entirely nUrey eliminated from the tho board of ot directors and that the Allison Alison 1 crowd d cro be b given given control i HeInze asks asks' that proxies bo be given to himself J. J A. A Pierson Person Jr and and Frederick Eckstein whom he claims actually represent the Oe largest Interests In the tho compa company The Tho balance sheet as of ot February 28 8 1914 shows sho's a not net loss on opa operations tons of ot It is pointed out that under the thene new ne arrangement arrangement b by which tho thc mill mil plant can cn be operated on an Increased ed tonnage fair profits will il b be bf shown takes takeo the position that he has stood by the Ohio Copper during its is constructive constructive con con- I ct period and that he Is In position post post- I tion ton to handle the property with wih a betler bet- bet cr ler understanding of ot th tho c than alJ any one ono else e. e The financial statement appended to this report follows Assets Mine and mill mi properties Treasury Treasur stock stok shares at 5 Treasury stock 15 OO shares res at 3 U. Furniture and fixtures 2355 2356 Insurance 1079 Mine ln and mill mi supplies Account Accounts re receivable l Cash Profit and ad Loss Ls Account Profit operations August 1 1 1912 to February 28 1914 Sundry expenses Bals Balance Bond interest Net loss to da date te Total 20 Liabilities Capital apitaI stock I Bonds Bond ft L Accounts Account payable t Total |
