Show 1 L. L I. I o 5 Mines company compan have havo not nol been entirely en- en cleared up is indicated Indicted by news from Boston DORton Thomas J J. Barr Barry chairman of oC the called so-called so-caled so protective committee of the tho Consolidated Mining Smelting company compan- Issued a circular dated August 11 1 In which it I Is stated that his his' committee his was wa not consulted In the choice of Mr as the en engineer engineer en- en Ineer to report upon the property prop ty although there thero is no wish to criticize or indorse tho the conclusions of his re report re- re port port The circular continues Since the last letter was issued b by this flits committee the Bingham Consolidated Consolidated Con Con- has been petitioned into bankruptcy We 0 assume that this was done In order to avoid an Rn attachment placed upon the property by the Mercantile ller- ller Mer Mer- cantile National bank hanl of New v e York and In iii pursuance of or plans for a re re- re or organization We Ye aro are informed that the BIngham fling fling- ham Mines company compan has received subscriptions from a majority of oC the Consolidated stock amounting to more than which Is available to oban equity In the property and that thatto Limo tho to bondholders have havo been requested to waive provisions In the mortgage requiring sinking fund Cund payments of per annum for the next nine years rears Mr Ir Ziegler's report sa says 8 that In his mIs opinion there are actual and probable probable able ible net values of about The rhe bonded and floating Indebtedness of or the company amounts to about tho same ame This committee and the stock which the they actual actually own and represent sent ent do not consider It for tor their In Interest Interest In- In terest crest to pay tho the a assessment notwithstanding not not- withstanding the fact that tho the pending pend pend- ing Ins ng bankruptcy proceedings s ma may possibly pos pos- sibly wipe out ut any values which the tho non assenting stockholders may now have ave |