Show TONOPAH iE MINE MERGER Man mi aim Pool not oot tu III Ii Three Important I itt I Ic The preliminary 1110 plans have been rell completed In Xe York Vork says as a Ii publication tion him of that city elt for tor the closing of or negotIations for fop time Iho of or the West Wesl est Km and properties nt lit no names have linvs yet reI hen been matte mall public there th rl Is n a well authenticated tl report that those thore In ferest terr l now In control of or the Tonopah Extension I company have havo h been be n menial In working out this new com coni combination It was originally planned to 10 have hao n a alieu now lieu company take over oer the th three other organizations but bitt In defer I II to 10 tile tho wishes wish ell of local lo nl brokers th the Ihl capitalization or of tho 1110 OCt nev company will Im willbo bo tie In iii the Ihl neighborhood of or J C Weir of ot Bro Dro I Co In commenting on the proposed ion say eus We 1 are more than pleased to fee ee that tills hue don deal I Is III shaping Helt fo so well ieli It will 11 man m an considerable for all nil the tho concerned In the shape of at greater strength nail ti II uniform policy of man Inan which should revert to 10 the lie ad nil advantage advantage vantage of the consolidated property Thu rho rill deal Mso looks Iok like n po culmination of or the Ihl litigation between het the and Tofu Tono The itt 01 iso lite equities of ot the tha three companies inside mado necessary by b the Iho difference In the selling price of or the Ihl shares will bo hI worked out on n a scale satisfactory to til Ill limo tho stockholders The Th eventual re remits reo mits of oC the tho merger mercer will wilt he be to lo enhance ihei stock holdings nf ot tim tho companion In Interested n enable those In control to 10 operate the tho combined moInes mines more morl econ economically While many mn of or the working details ot It she tho proposed merger are still unset d dIt It Is lit believed that thai provision Will hE be made malic to haves have time the present nt stockholders rs receive their pre eni nl each a h surplus a n fill n a dividend anti and 1111 still retain the Ih ownership of the this Logan maino re ic e ell near tho the lode tele In Nevada |