| Show HONERINE EXTENSION MAY HAY RESUME WORK YORK Directors Have Plan to Place Stockton Property on Paying Basis t The Tho Extension lon Mining company compan owning promising property at Stockton is Ikel likely to resume opera opera- Uon A circular letter addressed sed to stockholders stockholder signed by hy M. M f. f H. H Walker president and anc Charles Dupont secretary secretary secre scene tary fary s 's says says- At a m meeting of or the board of or di directors dl- dl rectors of o the company held May Ja 19 10 19 1908 1903 it i wn nodded to resume oper- oper at nt the time properly as a FOOT sno as q possible pos lies sible that the OO foot fool level of or time the Mining Milling company compan which ha Ima been advanced Into uns compan company's 8 ground roun should h be he driven a n distance of 50 feet funner at which point It I should cut a north and arid south tSUrO that thinS was Wn lar largely productive on the upper levels lo and which It is reasonable to expect will wi mal make c a body bOey of or ore of or good gooel grade grale on this level le fn In or order er to ml raise c the mone money which will wi be he needed to do this work it I Is Ise e estimated to bo be 2500 OO th the board of directors has authorized the president anti ane secretary of the time company to sell sel to lo the present stockholders ers of ot record shares of or tre treasury stock at the thc low 19 price of J I 10 0 cents per eI share shar the offer ofer to remain open until June Tune 10 1908 Payments to be he made mado one- one third June 10 1908 1905 third one-third July 10 1908 balance lalance Au August 10 1908 The directors of ot tile the company havo have subscribed for I shares s of or the treasur treasury stock now offered anti and earnestly earnestly earn earn- estly esty re desire llo that the tho other shareholders er ers will wi tal take lake e ac advantage c of this offer and anc c co operate with Wll them hem to lo the mutual mutual mu- mu mut mut- ual benefit of or au nil ni tho the shareholders The Th expenditure of or this mone money it 1 is believed ed should put the company compan In position to pay Its Is wa way vay and ultimately ulti ulti- uli- uli make a n pa paying in mine of the tho property |
