Show chief consolidated company launched michigan and utah capitalists take over little chief and american mines syndicate holdings will have cash for develop ment purposes prominent utah and NI michigan cap Ita lists have just organized a con pany which will take oer the cont control roof of the little chief company and the holdings of the american mines syn dacate the new corporation okill v ill be known as the chief consolidated mining company organized under the laws las of arizona with 1 shares of tb the e par value of 0 00 each shares of stock still remain in the treasury and ic ii is eaid said that tl e company will commence business with 10 cash it la is seldom that mining companies are able to start out with such a large sum of money and evera ever thing indi cates that the chief cons will v ill be a big factor in the future development of walter fitch for a number of years with the united frates company and more recently with the calumet and ilecia properties will be president of the new company F W denton vice president W P seager of houghton michigan will be secre tary and treasurer and these ith J R van evera V M duncan A B myers and J H rice constitute the board of directors mr van evera has been manager of the little chief company for some time and also holds the same position with the american mines syn syndicate dacate which ha haq been developing adjoining ground through ane workings of the lit little tle chief the new company which has just been formed will hae hane eight claims in the heart of the tintic gintic district and it should not require a great amount of development develop nent work to place the property in the pro lacing class operations will of course be car ned ried on through the little chief where there is a shaft 1400 feet in depth to gether with buildings hoisting equip ment compressor etc mr fitch will assume the n danage ment of the chief cons company and will no doubt spend most of his time in looking after the affairs of this company and his other tintic gintic inter ests |