Show for vor mineral right at the meeting of the elev council held friday night the vie in m right to all of the townsite property own ed by E ireka city was sold to the eureka cita cit mining company for the sum of 10 walter pitch manager of the eureka city mug co was present at the meeting of the council and after an ordinance had been pas sed granting his company the right to 0 o mine beneath property owned by the city he made a brief statement thanking the city officers for their action upon the matter he briefly told of the plans which have been made for the development of ground which is covered by eureka town toa ansite and said that the purchase of the mineral right to ground oba owned tied by the city will enable his company to carry carr out tl is extensive campaign of de work it is the general opinion people that the action taken by the city officers is for the best interests of the city mr pitch fitch 9 new company has exceptionally strong financial backing and the de work which is planned will mill mean the expenditure of avast a vast sum of money if ore is opened up beneath the townsite to ansite it will bea be a great thing for this camp because the owner of nearly every ever city lot is a shareholder in the new mining coin pany having receded stock forthe for the mineral right to vt whatever ground round he owned at first mr nir fitch made the proposition that the city accept stock for the mineral right which been sold to him but the city officers were in favor of getting a ash cosh con and the price of 10 was agreed upon the shareholders in the sioux cons company received their dividend checks on tuesday |