| Show I PLANS OF U S SI MINING Prominent Banking Interests Have Underwritten Stock of New Holding Company WITH SIX MILLIONS IN CASH To With Hip I MIsting Mining suit and Ing In iii Concern Co 1 Continue Its II I V of ot I I I Another story tory hns has come como from Boston Doston relative to the future futuro plans of ot tha tho Unit United UnitI United ed I States Mining company Tho The latent late t I one IC cornea comes corel from the offices of o th the tho firm which cut quite ulle a In the Ing of ot the tho original company comply and anti Is 13 probably the most mOlt authentic of any ly that hag hUf him yet been printed In tact fact n a very ery positive Is IMle to the time ef ct feet lect that the following outline of the he plon for Cor the tha future fil lre Is In correct and that It Is U only a I i mutter matter of a a tow few days until laI It alit 1 receive confirmation Th firm s nays S SA A new company will wl be bo formed which wIlt will wi probably be bu known as an as the United Slates Mining Smelting A He lIe le lining company which will wi have ap rip approximately nl proximately 2 ot of pr stock and about of ot common stock Block In shares of ot the pur liL value ulue of ot M Meach each elch Owners of United Staten Mining stock will wi be b b given first an opportunity to exchange their present shares for part purt anti part common stock of oe the new nl company und and In lit addition they wilt will wi have thu the right to 10 subscribe to new common stock at itt lt par liar W M 0 which stock hue has nil all ni be been n underwritten at tot It par by very prominent bunking banking Interests In lit Europe New York antI and Boston The Th United States HIIteR Mining company compau has hl gone KOlle through Its ll early period of ot development and nit construction until today It stands strong round pound und and suc sue successful With Wih the tha of cash which tIme the th stew new lew company will wil have In II Its lis treasury tr tur on Interest 1 will wi he be taken In certain new properties rles which from our knowledge of the Ih fame caine anti tho the re results rE stilts sul ot of their examination wi will be ot or Kroat und and profit to the tha new 08 a aThe The fhe new nev company wilt will wU have h ha 1 R a larger laKeI board pattI pany of directors than the tue old ull com corn company |
