Show Local business men in independence co a 7 reorganization brought about f during the past week and ar range ments made for contin w bation of development during the past week W F ja er and P J fennell affa closed a deal for a lar ge block av of stock asai in the pro ofaf vv perty of the independence 1 iv mining company being dav elected to sy the durec joiy borate at the avi annual f afi meeting of the company which was finuf held yesterday yest erda it Is understood that these new cers a at the company 0 have an w option sr 07 on iw shares of the stock ofaf ff af that iome money vasty has sf been paid over and ff that the balance vyvy will a come along 7 in monthly installments as it Is needed for development operations 5 viuf which fe are now under way the independence faw company was ja bunched bat SW year 0 and ff since the at a yai f fibers s abey succeeded w in clearing up the title w to wa their extensive exten tract of min eral land they have installed ma wa ff f vw chinery secured 7 a power connection a and babp azy a contract for their main working shaft which fe Is 7 bruy now down about feet the ma ayr 7 t chinery 0 is said to be good for sev ff vi fh fw eral hundred feet and all needed buildings have been erected up to 7 this time the companas comp anys expends tures have amounted yaw to v about 28 ff w f and while the aft present v indebted ress Is in the neighborhood of 10 there due the company ff for ay iy stock mai sold on 01 the a installment waw plan af about 23 and consequently the outlook 11 Is not a bald t for v the coming ww year 7 the new officers selected yester 1 aw day are kiar as follows efer alex mattson w president 7 P J fennell vies vice prest dent harold shriver secretary robert kallander treasurer f the other v directors are W F shriver wr and enoc newman |