Show I No NEVADA BILLS MEETING TODAY stockholders Voted Unanimously To Retain the Retiring Bard B ard Of Directors NEARLY ON HAND Mali Malinger nger About hout Ino Conditions r Tho Thil annual meeting of oC tho share shareholders holders of or tho Nevada Hills Willi company c was hold today and In hi tho election e of or the retiring board of oC directors which consists of Wind Windsor sor Bor V Rice W H Clark James Jamen Far Farrell I nr rell John T Hodson and John A 11 by b of o Snit Ball Lako Luko W H of Nevada and J R It Davis of or Nevada Tho now board will wll probably meet In n a few fow days for Cor or 01 organization and there theio Is no doubt that It will bo be tho same as last year Owing Owl to tho unavoidable o or Secretary and Treasurer W V II 11 Clark ClarkIn In no report re ort was wall received from that but It will be given out later and mailed to shareholders President Rico however stated that tho company Is In III a 1 good financial con condition nt the tho present time tho cash balance bl on hand being Ho also stated that a II total of ot tons of or arc oro worn shipped last year and thai tho average gold content wa 1632 ounces and the sliver silver content ounces per ton Manager Webber mode an nn Interesting verbal erbal report of ot conditions nt the th and explained that tho recent ro nt strike made on the tho level l Is undoubtedly edly the most Important ono ona that has hasy yet y l been beell his hili pleasure lo to make known to hl Ihl associates The strUm strike made ho said enst elst of the fault In III what Is III undoubtedly an nn absolutely now and Independent vein This vein eln was Willi t cut ut on nn tho lOVel and found to carry four fail I feet foet of or ore with only one OliO wall ox Wo Vo started u 11 drift on tho luvel to get out un Ull under der dol the tho ore Ol and struck It 00 90 feet nearer tho shaft than I 1 Ox wo do Tho ore beats anything allY thing I lover ever saw IW In tho milia and Is much different In character than that developed ped In tho older portion of ot tho thomine thomine mine to the tho west It Is heavily aul lul and tho values run up to n ton and l lotter with In irold silver This Is pre tho opposite of tho way the tho Ole oro practically In tho old workings cally of tho values are In III sliver silver and gold This discovery puts a now face on tho Nevada Nevado Hills as IlS a mining proposition ton tion and It will necessitate our walt wait waiting InS ing upon development deeming on 01 tho kind of or a mill wo shall build 1 am sure the tho oro from Crom this now ledge than a aton is I going to average better botter ton oli but how hC much bettor botter I would not caro to predict at this of or devel dovel has been at substantial debt you vIII note and It look us II though there was going to bo be a l yer very largo II body or shoot Bh ot of ot It Wo 10 arc 1110 marketing some oro all the but no attempt I has hns hasl l heen een to crowd production since the drop In tho price of silver I r could take out big dividends as it Is and oud will do 60 o whenever the tho directors consider tho best Interests of the stockholders Justify cutting loose again There was somo discussion of ot the tho plans pl of the tho company In tile tho future 1 In n a II general WilY way but nothing definite decided It was tho consensus of at 1 opinion however that Manager Web Webber eb ebbel ber bel had tho right Idea and ald that the proper course to take Is III to develop r the tho latest lt find further before deter dotOr determining t mining Just what kind of mill equip equipment t ment Is III needed Tho mine contains a 0 very largo ton tonI I ot of ores on tha tho west weri of tho fault and Ild the directors tors r time ago determined through a berios or of what processes should hollid bo employed to obtain tho boat bost extrac extraction ton tion but tho iho appearance ot or sulphides In tho lower lowel workings places an un entire entirely i ly Iy different phase on the tho mill Before making any nily move towards con It Is III now In III order to as us ascertain certain what aro uro best u ablo to 10 recover tho values contained 1 in tho sulphides The Iho Nevada Hills Is ono ot or till tho re remarkable rel l mines of or Nevada and al Ill although though scarcely more than a 0 year yeM old I ian disbursed Ilvo of or 74 H 1 each or a 11 total ot |