Show KNIGHT PR i Sll l JOI f SHAFT SHAfI i Status Statu o of Different C Companies J V. in the Matter Mater Is Ts 1 t Explained I Provo Prove Sept Sept 2 Important Important meetIngs meetings meet meet- Jn ings 8 of tho the hoards boards o ot of directors of three of or the called so-called o-c o Jesse Jess Km hl mining compall companies R were v held here loday lo- lo o- o day tjay and were followed by tho the a a statement lt lent signed by hy Mr 11 Knight Knight hearing bearing on slaking sinking of or a n Joint t fl thc future Culm relations V I tho Colorado Iron and Crown CrownPoint Point companies Some Saro months la back lt says n s 's Mr It when preparing to Knight vye tye e commence eomme cc work worl on the Crown n lo Point and Iron Blossom and ala ant Color Colorado o properties It was thought probable that a halt would bo bol tat deep t l to th the three companies companes cont con con- t c corned rn di could be C mUC 1 more c ly from a joint shaft shaf and amid fOr the ho being heing answer tile the pur purposes m poses 3 as wel weB mo It I was at- at t t. t first decided to place this haft on the thO Point ground neat neal the tho Colorado side 81 e lines but survey was mado for tho the Eureka m railway p. p it was as fount found that tiit i If a shaft shan were placed on oil Crown Point territory it I would throw It too far below the railroad grade So to obviate this tho the shaft was wac moved about feet wes west wet of oC the Ule Crown Point line lne an and conseL consequently conse eone- L that f far u onto Colorado ground The shaft shaf is still sti contemplated to be bc bevi vi- vi used for Cor joint purposes o ot of tho the three c companies and is commonly known as us the Crown Point shaft The Tho Colorado will pa pay three sixths the Crown Clown Point r two sixths anti and the Iron Blossom one- one sixth of or tho ho expense of or sinking re so- so p cl effect Verbal statements to lo this have h boon en repeatedly made mudo but In o. o or order er to before the investing I thought best hest to make malt thi tt I public statement It I wa wag Wt further urther agreed by hY the throe three companies R that vertical side lines should prevail |