Show Till IIII SALT Directors J Ur ton n II plan of lit Consol Consolidation Con ol With Nith The directors of oC the Salt pah Mining company held a n meeting yesterday and end discussed a I proposition to consolidate with the Jim To Mining Vining company compon Tho The stockholders stock stockholders I holders will have havo nn an opportunity to vote ote otee Or e ho tho matter mattor at a meeting to 10 be held about 30 20 days later According to the proposition pro submit submitted ted to the th Halt Snit Lake directors the shareholders ore are to receive shares In the Jim Duller Butler company compon tho the tatter latter also Ilso agreeing to underwrite shares at U 1 per share the ho Iho same came tobe to tobo tobo bo be applied for tor development purposes The rho capitalization of ot tho the company la lf share of which are Ire still In tho Zhu treasury trea ur The directors tor aro are all nit favorable to the merger and It Is probable able bl that the tho will conclude that It be bo to their advantage to tog give 10 g re their thel consent con nt to ta the proposition |