| Show M OPTION ON THE GRAND GRAN D CENTRAL tiE Hon Hal Reed Smoot Has Something to Say on the Matter Mater SOME SO l OF OP STOCK IS TIED UP LIP UI lion J J i Duly In II If Open Up UI VI ul Note I i lion Hon Ion Heed who In is a 1 director of ot the Grand Central Mining company come camO up UI from lioto 1101 today When juts qUes Honed In regard to to tho thu rumor that an un option had hen ben given on the control of ot the tue Grand Orand Central which liny been b tn In II circulation for or several weeks Smoot said mild that hat he had hud every ery reason to tu believe that tome seine Ire or Ut or thu tho largest shareholders had hd Kreel to deliver del vcr their holdings ut u I certain price What that I price is 19 Mr tr Ir Smoot declined to say emy It ItIs ItIs t Is II believed however to bo ho a little bet better bettar tar ter than luau 17 7 per Iler share Mr Smoot said saida fall falla a great grent t deal cleat of talk taik lc had been done Ilone oil or 01 orthe the tha matter malur between Mr fr P I 1 losey and nn some Ramo of ot tho Iho shareholders but bul at lt present time that Is ta us Lit far tar us tho the matter has gone In answer alwer to a ques Mr h said he hu had not sold his holdings in iii II the tue company though ho he would not toy say that ho hu hall hail not granted on an option thorn thom He lie knew of all oth other al on Oil I le no er CL parties besides Air Mr Posey lose who huu been seeking to buy lu the mine Mr Ir loot sold that It If a tt 1 purchase should bo be lo made mude the smaller stockholders will willbe be l b protected from flU whence It Is wi In Ia Il furred erred that Unit Urn thu directors wilt will wil see sec ee to It that they tho have havo a 1 chance to Hell out Olt at atthe It atthe the price paid the largest stockholders I If I they desire to do 81 so n K 1 of at the Iho bank bankIng lag Ing house of ot Co went vent Kust Eitt today In the thu Interest of at the deal It I Is understood that while VT V 8 S Mc Me Ie In the he hits hit tied tlell up UI 11 the tha stuck for or uther other parties and nl judging from Mr Ir Smoot said fM today the control will wl ultimately land with wih the Copper Caiper flold company If It present nl arrangements do du not miscarry Whan Whon ask asked d today tola It If this were rere not net so Mr tr would not say Bay that the company would not acquIre the property proper but In Intimated II that other purchasers might en enter lor ter tel tho the field President was Wate again ap by phone Just as he lie arrived nt at It Robinson on train from this morning but hut he lie declined to discuss dl cuBs the affairs of ot Individuals though he would not say mia IU that he ha had hud not given Ien an option opton on hits his holdings In tn the mine Various have been In lion tion for some time but tho statement of Director I the first I positive assurance given Riven the thu public that an nn op optIon tIon had been be given on UI holdings of at some sumo of the largest |
