Show I BARUCH BARUCH TAKES TARES BI BIG Bm BLOCK BLOCH CONSOLIDATED Wipes Out Debt Company Contracted Contracted Contracted Con Con- In Iii Buying J Its Is Properties READY TO PAY DIVIDEND Places M Merger In Position to Redeem Promises Will Promises I Build Mill Mil Nev Ne' e eAu Au Aug C. C G.-AU G. Al u H meetIng meet meet- lug big of the directors of the Cons l- l dated Mines company compan held in In this is Cl city Bernard M. M 1 Baruch of New Nc YOI York look luok up another shares of or the shares of the corporation upon which he holds an option B Bj By so doin doing he ne has placed Consolidated Consolidate entirely free ree of The Flie will 1 meet again about abou the first of lf Jt the coming coining month a and unless some unforeseen obstacle presents pre re l-re- ITts will vili wil formally declare i a dividend These dividends s will wll be r regular gulu thereafter This Thi Is the block of or stock tho tl option to be taken tal by ZI Mr Some months Q he t t 1 Over Vl 1 shares share and nod disposed t of or them to tu l French rench capitalists ts These shares hale were part hart of or the lie onu shares option The Ilic second block taken over 11 0 yesterday c tellar Is al o part parlor of the Ike I s Just how man many shares share ho he has converted under his 11 opton op option op- op hiou h- h tion ton iou Is not given out lint hut hit it Is a u large Jarge I as a. u- u uhe the he merger lI company bj by bythe the tan transaction Is entirely cleared 01 or Of all 01 debts incurred by ly the lie purchase of or the he present subsidiary liar companies that thai go to lo make malc up UI the te lie gigantic mCI merger cr Mr Ir Baruch has until January 1 12 ii In which to take up UI the balance of or the stock stoel under his option What hat he will wi do lo is his Ills personal and private affair nit but It is the lie general impression iol that before the lie time line limit he will vili wi have hav taken taken tak tak- en over o el the tue entire entre allotment of JOO shares Xo Treasury 1 Stock IlL 1 Every share he lie has tal taken en Is pursuant pur- pur to the terms of or the Potion polon Jim at the time he lie advanced ad 1000 to Consolidated for payment on 1 the he Combination mine the I merger people eople will wil not Issue Isue any more morelock Io e. stock lock When hen the he shares hull shul all al have been taJ taken en that will J end it it Only a few shares share are arc left ft fl outside of this big block under option n nto to o the magnate Baruch I simplY Imply thinks lie ho has a n good oo thing I In n getting merger mergel stock at he lie heins hohas has ins until next January In 11 which Vi iu ld ln IH LIH lH g. g iUm t l Ck cl In II blocks at a 1111 Tho Tue Consolidated now finding Itself clear of debt deb and with wih a a treasury with wih gold knows that by b the he first of next It will wi be in a position po oHlon o- o to consider regular d dividends That the first dividend will wl be fat at Is Is' Is conceded Once started thc they will wi be i regular as at officially stated In II th the la last t I report of the officers Will i I Il arso o Mill Ii The Tue company reiterates its Is state state- nent that it Jt will viIi wi erect a milling nilling plant and will wl equip quip it I with the he most modern machinery for Ul tho bc best t handling of its is product product Some of or orthe the he noted experts in the metallurgical line Unu will wi be brought to Goldfield to tomake tomal mal make nake e a study to fo the ores so 50 as 5 to recommend the best system to be In- In stalled staled The board Is unanimously of the he opinion that this plant should bo be bl erected reeled le at the earliest earlest moment |