| Show will start work on tintic gintic s mill knight and dern interests have worked out all details pr to big mill which is to be built at sliver silver cay J excavate ng for the n w rn 11 of the tintic gintic milling co will no doubt be started t by the first of july or just as soon as the ament of 0 the old tintic gintic smelting Sm eltin co can be removed remove from rom ahe ground upon wh ch eh the ne new coi eat central ng plant is to b erected th a nw corporation th tintic gintic mill ing co takes over the assets of the christensen metal arg cal oat co and the M nee nos as ag co and d me ine arti articles cies at 01 incorporation wn n b have just been filed place th capi cap tal bation at 30 divided divide dinto into I 1 shares of the par paralee pary Value alue of cents the hn in interests P 6 real ts will IR have control a of f t the he ahio company own ing 51 per cent of I 1 stock but george dern w 11 beahe beahe general man ager ot at th company compa v the off cers ar 7 as follows jesse pre sideny george D rn vice pres pros dent and general manager W lester mangu secretary and treas III aier r and nd th themore e d 0 re P holt halt general 8 1 1 ri in I 1 tak ng a over er what hat is I 1 ft of the knight n gh t h s sen plant destroyed by tire fire so e months ago the new company wiil w I 1 also take over the con tracts tha thai the company has for the treatment of ore from alii all of the knight mines inc include lud na n tite the iron Blos tr dragon beck tunnel runnel colo i ado and black jack stockholders of at the mines operating co of park city will have a chin e to get into the new mill ng a company on the bame u bas a as mr D rn provided they make application before the first of july the report of th minea mines op erat ng co shows that a vins ving to th tha lov lo 10 v price of s iver and thedoor the poor grade of ore secured from the park city in no m here the in mil 11 is located there was a loss d iring the latter part of last year the comp company anys a indebted ness will be wiped out by the dishos al at of some property to the new tin t e milling co the mach nery from the park 0 ty plant and the mill at silver cit city together with the 30 that has been subscribed for the new stock should go a lona aa way may bovard to vard the construe t on of the n w mill which will mill sta start t olf off with a capacity of tons it t will no doubt be but a very short time until the mill la Is enlarged to 1030 tona tons |
