Show HONERINE COMPANY IN JN SERIOUS DILEMMA DILE IMA Minority Shareholders Have Small Hope of Saving Investments Shareholders ora of ot th the Mining ny l Lo o con td little hopt of or anything anything- boig bo bo- boug ig ug accomplished through the c 1 reposition made mado at tho the meeting of ml- ml stockholders This proposition j vas ras that the tho minority stock should bo bu laced In escrow for tor ten ton months at tho the mIL of ot which time It should be bC forfeited rev or the benefit benent of creditors In the event that hat tho Indebtedness of at the company B shall j aU all not have been paid It Is virtually virtually vir vir- t a move to get that much time lime In which to pay the assess assess- ment mont of 4 45 cents a 11 share which soon becomes s delinquent or to formulate some scheme to handle the property Tho The proposition of ot the tho Kimberly Buhl syn syndicate which Is the tho heaviest creditor crud cred was that It would woul relinquish its shares In tho the company for tor 80 cents a 0 share an and the payment of Its claim of ur allowing a period of ot some months In which payments could coul be made The Buhl Buhi people In Chicago will have hlL to pass upon the tho counter proposition before It will be known whether anything any thin can be done The second largest creditor Is the tIme Walker bank lank which Is said to hold a note for Tho The minority stockholders ers were not nota a little discouraged etI by tho the report leport made matJe to them on the property b by an expert export According to this report only about tons of ot ore oro remain In the slopes above c the tunnel level and It Is a Question question ques Ques- tion on account of the flow of water vater about the tho practicability of or opening theore tho the ore bodies below eel evel During the thelast thelast last fiscal year the company compan made a profit of or only 1331 a n ton on all aU the less than tons of ore marketed The capacity of or the tho big mill built b by bythe bytho tho the company provided to be far In a ad advance advance ad- ad 1 It if f the mine vance ance of the de development It H appears not n t unlikely that the outcome outcome out out- come como of the unfortunate dilemma will willbo willbo bo the selling of or tho the company's com com- pany's s property at forced sale for the benefit of ot creditors |