| Show LAWSON LAYSON TO TAKE AUE T HOLD llOD UTAH NEVADA Will Wi Succeed Col Cot John Weir as S President Says Good Authority OPTION TO BE TAI TAKEN EN UP r Facton Faction Opposed to Operating rf Under Bond Finally Finaly Gains l Control k That there thero will vIlI wi be lIe important dor dc do- ei e- e i r very cry soon In the ar affairs h o otho or of tho lie Utah Nevada Mines Mines- Smelters corporation including a complete ChU change O o of the lie fa family m 1 Is the opinion of or no less an n authority than thai a prominent stockholder of or the com corn pany After l' l a long Jong and tempestuous n thee Weir Web faction action has hab conflict th the t il facton j. j gained control of or time the company it Is i i said lI and there thelo 1 is no longer a question ques liOn tion that Col Cot Weir f. f will wJ be he relieved of oC the presidency i ency In Tn the east cast the thc Im Impression Im- Im has gained firm firm foothold Li I I that hat ho will wl be succeeded in that tihit position 4 tin tion by Thomas Lawson who hio will wi al also o be general manager This opinion has been given hen expression by the New Ne t York Commercial which Is known to tobe tobe be co clo close e to the tho Lawson Lawlon interests r- r One of nC the thc Important subjects of f. f i contention amon among the tw eastern stockholders stock doek- Fr holders has been ben the matter mater of the company hold hold Pioche holl Pioche and anti Jack Rabbit nab flab J bit hit interests under bond hone This b bond n is J t for or It I was given two years rears ago ngo upon taking 0 over the thc properties from the Pioche Consolidated Mining c Reduction company and has hns three 1 years ar yet ret to In run the nr first t payment falling due lue to tIme tho coming June Junt The minority stockholders have seriously objected to operating time the properties rj i under an option contending that the tho i bond should hould be paid tiff off and titles se secured sor so- so r r. r cured in Iii Tren Irea The Weir ei faction facton has held hold that the titles were sufficiently secure l CUre under f 1 the bond and has favored fa taking the 4 time jime it f affords for COl paying out out This I rf J faction facton has hs held the balance of power 11 I 1 1 until Lawson w on stepped in an and made his hist t- t n. n famous stock market marl coup It I is said Eald I 1 Ik k that this coup placed a million milon dollars I l' l j L. L in n the treasury of or the Utah Nevada 0 and that the amount required will wi at once be devoted de to taking U up the op option op- op opI I i ion tion which ha has occa occasioned lonell so much 1 dissension an and ill I feeling The annual meeting of or the company t- t t which convened con ened In February has been heen I adjourned from time tinie to time with wih no O definite c action upon Ullon the questions at I issue U but It is said sId UJ that t upon pon tho time return re rc- re- re turn of oCL Em about boul iMay Ih 25 25 be affairs r wIlP wi he be speedily p a ad juste alon along the lines indicated 4 Utah Nevada Utah stock has been een stronger rl the last Jast w week seek el or 01 two on account o of t this outlook and nd it Jt is predicted there I will wi h be hO another flurry y when Law Lawson on acl the time helm t. t Lc- Lc actually lakes |
