| Show I TO TONOPAH OP H Pt PEOPLE STILL I II IN St Sm Shareholders Hold a Protracted Meeting ln and Discuss 1 Dividends I s Id end s CONTINUES Hi UI I CONTROL Mine mie In Excellent Condition Able lle lu Tu ItI for lor tUI Year r In th the tl A 0 o 1 f P V hull hell hal on 11 lower lowe Main street a ti I protruded protracted session 1 o oC the shareholders of the Is II being hlll held The Ih meeting began yester yesterday dl day morning and ut at t t S last night took look lok an lo to meet inset again u ci 13 30 this morning At t the Ihl see If Ilon was wa 01 stIll I on with wih ith no I likelihood I Ofa ot or ota a u termination until n a late IKle hour hlll While hIle little could lie ha bl learned for the Ihl 1 PI O pf of r the long lone ii out ie iel 1111 l m in It I l h lit understood th Ih hinges on the tho of ofa lt a Jr resident nt u ln u hiI reveal t Inu a I roost most condition of or II nf iii r fol tales at lt the tome mine upholds a loIk H llcy In the mu muter tel nf of dIvIdends dividend that t Is II not muot altogether to tu certain ceia In inte i It I will wi be L erril that thai l iv or so 10 o ago ugo the directors of o the its company tact met at it t Tonopah At nt hi I the tho point In controversy ices a as Oi Into Inlo quite quie thoroughly The Tho 11 mutter ho however vr wa wes Wi not definitely determined ed l and was wu left loti open for fOI tumi ri then the Um 1101 at rut this mooting meeting The report of or Mr Ne MI Knox was wan al most mol mOt gratifying ua us 11 It dUct did dir tho thin e ex excellent ellent condition of oe the mine wh which h chows ore are hod bodies Ie of lt an all extent H eul 11 to In the Iho un 1 for yel years year I to 10 come For leor Ihl this condition of t affairs Mr tir Ir Knox noa paid high tribute to Duncan 4 the Ihl retiring nut not kindly remembrance of John lohn A Kirby his hll able ahle The jho matter Ilter of or tonnage mid Hud II M not nol touched upon Uon the lie l president r I his hil it port ulon to In tint period dating Ih thu of or the c III until I October IDOl 1001 1 whoa when h he himself f nod HH us of o the Iho ron concern ern In Iii II hi hl hil r report the president says that thatto to 10 the of ot the stok 1010 holders J And exhaustive 1 ie cc portH upon th tho condition of or tine lie nine mile must be he mode aM that prior to 10 April HOI 1101 IhlY they lucy were each ewh week submitted I h by him U 1 I Is still of or the tue tie opinion I the e shareholders aro are entitled to 10 them HH its as II b by him II up tip tr to II the hour that they w r abolished at th Ih the of or un an official of ot the lie company Mr r Knox edt 11 lute 1 hu hll belief In divi dividends d thuds and l says that he ha hl hac worked for them lie Il maintains however that a reserve of ot not lest less than thun should lw hI h hickS ld In the treasury und If It the dividend reaches I that Amount amount tho the le should at 11 lout least equal It He lie Il the lie present pres pret Put ent nl In lii the hall hoard Il over tile the dividend an its 11 unfortunate U und uld Injurious Me lIe 10 b by far fer was vas 18 the gret greatest lt lul sufferer rI a ah I as asIt h It I was a 81 the owner of Ir 80 of the tha the next largest larKet holder tN with Ihl wih with lens lees 1111 than thun bulo I The Into Ined would show I lie t hi hIs tat hud I not nol Va varied ci u I shores chores in II Ilee yeats with the ex cx exception s of a 1 1000 share block ed eul 11 for share shames In II those tholo of o a IL neighboring company The president that Hint hl lila his reason the Iho recent dividend w iRa n for WAi WAil l primarily that this the nI Its ls condition did not nol Justify It at that hour 1011 The FIte report of or the manager manag had not lot fie been eel made public up UI UI till ti H R late 1111 hour bout hut but It II Is II known knOlln to reveal achievements II mite during the year yeni eI Nor NOI or haul had thu thi decided upon Ir n and all for fol the tl ensuing ull term lerm hut but hit still holds hold a n ma majority Knox Inasmuch as u Mr Ir KII mi of ot the tIne stock he hI will 11 undoubtedly continue ns ni president cud be hm IJ ab atule Ihle to 10 hold pretty much Intact the present directorate |
