Deseret Evening News | 1904-03-08 | Page 6 | White Knob Affairs

K OIl Property nt fit tn In an nu loot lent h I Condition The Tho stockholders of ot tho the White Knob Copper oper company limited recently re ent unan una unanimously II a authorized an nn Issue lIsue of ot fIrst fJ C G per ivy cent IO 10 year car sink sinkIn lug IDE In fund Huh g bonds omill convertible at par vat Into the capital of ot the To Io fir carry carr out this Hits plan It was wall also III so vot yot voted ot ottil ed til 1 to Increase tho the capital stock stolk from rom rota shares to shares of ot 10 IQ each IlIch Tho Jho are uro to be Issued In III part lart In exchange for tor or to provide for tor forthe the tho redemption of or the present outstanding ing I ug I 1 stIo MU lI of ot 1 t tho the Corn leben I U te bonds hondl U and the he t will bo ho sold soll nt III the discretion of ot the tho lie directors upon tiOn such uch terms ns as may lila to them Hum seem leem ud Ill for tur or of ot providing larger working capital rho The White hl I o Knob 1 company during d un ng th t Ito last 18 1 months making largo large Improvements on oil Its lis lt property ut III Mae ii kay n ay Idaho Up lYp to within the tho lust last three months the furnaces have hao been In 10 a n desultory but ut It Itis Ith Itis is h now given out that permanent JI oper o r at Ions have commenced d