| Show may i day gets uncle sahl sam claims t the shareholders of the uncle sam cons co met monday for the pur pose of selecting directors for the en suing year the old officers were re elected the board consisting of john dern james chipman joseph nelson B F saunders and george haver camp th this ila aas was the annual meeting and aside fr from 0 in the usual business was the proposition submitted by the may day co cc for the purchase of a portion of the uncle sam territory the pro dosal included the uncle sam cora fraction inez fraction and humbug no 2 fraction claims and the con for the same was 1110 shares of may day stock for this purpose the may day company offer ed to raise its capitalization from shares hares to shares the uncle sam company agrees to place the shares of may day stock in its treasury permanently the may day directors then went into session and authorized this in crease of capitalization the tion ton being put through without appo the result will be the more economical operation of both proper ties under one management 0 r v e rr to the may dy the uncle sam detill has practically a new mine in its humbug group these claims being quite remote from the property sold to the MayDay may day the uncle sam also owns four fifths of the stock of the richmond and anaconda company whose holdings adjoin the humbug the report of supt bupt C 0 griggs which was submitted at the meeting this week m was as complete in every de tail tall and showed clearly that the fu ture of the mine is very bright |
