| Show GODIVA STOCK TO BE LISTED untie Mine Is s to toBe Be Scene of a aLively Lively Campaign of De Development Development IT HAS PRODUCED y Idly or 01 Oll t 11 lii the tho Sitt Siale rho Godiva mine In the dl dh triet which has a record of oC production It approximately Is shortly t to tobe be Istel listed on the tho Salt Lake Stock and exchange This hl COle 19 as I a 10 10 stilt or of the recent reorganization of the tho company When the capital stock of oC thu tho corporation was Increased from to shares and the ton tion or those tM the enterprise to the property JI lit the tho liet of oC mines miles agaIn I It WUI was learned 11 roin Janses A Pol lock hock today that the Inters In 10 the have not been ld or of that the tho Packards and 23 own out o of the tho share of oC the total capitalization and ami that It hal has bee decided to 10 place In the of the publIc shaVes out or of the shares of treasury stock which his finn wi put out nt at 30 a share rue are among tho he In the Tintic district thc they Coy cov covering oring ering the heart of oC the tho famous l mountain and sandwiched In between the tho 1 Du Day Ind and mines The depth attained In the Go Godla Godiva diva dla Is he 90 red feet but It Is the pur purpose purpose pose o of the company In execution of oC it its plans for the future to go to the tho deeP doop as 01 as possIble Tue shaft Is tu ILl ho b to th the 1300 leVel leel without dela ald until that level Is reached Ils it is honl probable that any 0 or crosscuts wi will bo be 11 to exploit the ground intervening Possibly tills this may hI 10 lone done hater lator the sole object now though being to go W down Not only Is the tho equipped with one ot of tho best hoisting plants In the tho Tintic but It Is Ilso also the po sessor ur of a goot good milling plant which has mis been very successfully aU the Iho returns Indicate In th the past Tita or of tho Mr lr Pul Pol loci hock declares have hale not b by an moul means been worked out large tonnage of ore Is exposed there thero and Is principally a trade grode The development and operation of oC the property wi Ikel be under the tho direction Jackson of who for many years has ha served In Iii the tho cap capa capacity city of of oC thu tho mines owned or controlled by J Q and as associates |
