Show AJAX AM COMPANY IS FREE FROM DEBT Ore Shipments Last Year More Than Paid All Al Expenses After having struggled for years under a load of or debt the Ajax Aja Mining company at th the annual meeting of he tIme stockholders held yesterday was found foun to lo be he entirely free from debt and nd with a comfortable balance In the thu tw banle This situation was revealed In Inie inthe the he ie report rendered by President Iden Thomas Wet Weir which w al also o gave details co ts In time the he fhe- d the y yE ar r r. r shipped tens of ore ore receipts considerably more than meeting all al expenses Including In- In eluding luding development work Exploratory plora E tory ory work worl has been confined mainly to the foot 1000 level o leel of or the mine Bunches of or ore from which shipments shipment lave have ha c been made have havo been encountered t ered r d on that level le el from rom time to time but ut no large body of ot ore has yet been opened Indications are arc regarded as fa favorable Jn In this connection howey however l. l Officers nn and directors elected for the ensuing year are Thomas Weir Veil presIdent president pres- pres Ident dent U. U I. I G G. McMillan vice president vice L. L j. j II H. Farnsworth treasurer J. J M. M Burt Durt secretary John Weir jr Wilam Wil- Wil am am II It I. I Charles Read Real |