Show will reorganize the king william mining company during the past month the king william mining company s tint property was sold under s sale and in b bid d in n according to at arrange range ment by J A hogel one 0 of the di re rectors ot a and d a well known broker the amount amoun of the indebtedness was between 3 00 a and ad 0 ts one of t tae e diree directors r of king wil liam said e berd t the company will shortly y be e r reorganized e or I 1 the h debts liquidated a arid d work resumed the plan Is to in make ke ft 1 0 share company E each h P abt th the e ol 01 old d s stock t 0 c holders will o 0 given e n the privilege v 1 leg of coming in beaire ai for share provid ed he meet a an assessment estment of halt half to one cent a sh shary r this will be levied to clean up all debts and give the company a working fund I 1 two years ago the centennial eu reka had a 50 bond and lease on the adjoining king william and did 60 in development work while this work was still on the wo world ald war broke out gut the panic struck the country this work was suspended and the lease forfeited it Is known that on the grand grind central side the king william has ha ore showing in one or two places one of 8 most prominent consulting engineers said some time ago relative to king xing william williams s cal value hing h ing william has the tintic gintic ore bearing lime stones aa long as there is a block of this kind of ground so long ha has 13 king william a chance to make a mine there Is 3 et jots of terr itoi v untouched by pick or undisturbed turbe I 1 bv powder |