Show COLUMBUS GOlUMBUS WEDGE IS READY TO CONSOLIDATE j Michi Michigan an Holders Favor Prot Pro- Pro t t Made by South I Columbus Four Foul large Jarge ar e stockholders S of or the Columbus Wedge e Mining Alining- company arc are I due to leave Calumet Mich tomor- tomor with wRIt the low jow ow for Salt Lle Lake to close chose South Columbus Columbu Mining company the I n deal that has been pend- pend n for some Bomo time The Thc Eastern holdS hold'S holdI hold- hold I T S 'S of Wedge c e havo have approved the the pro- pro I of or South Columbus which la Is I That tho the Wedge ground be taken over iI ln consideration omd of or shares hares of ot the new nev issue Isue of or South Columbus Itoc tock t-tock the Wedge people to pay cash for Jor shares more of o South Columbus treasury treasur stock The price ii t be paid for the treasury tock will wi I la Ile c c not le less than 50 51 cents conta a n share shar this this I 4 rund Ind 1 tr r nc ne other remaining to o tl 1 settled elle after the Michigan people here lucre The Tho deal cal I if it It I is concluded will wi give the South Columbus company compan a hand hand- tome onie working fund fund ample ample It is iH believed bc- bc i to place the thc property properly surely I an 81 earning basis The Tho ho stock stock- I fielders j of or the company compan at their recent voted to lo increase the Iho capita li alon of ut the company from front shares to shares the Iho no new Is- Is suo ouo being placed place in the treasury I There rheue herc already having been l I shaves shares In tho the treasury the total is suf- suf cent to can carry through the consolida consolidation I tion an and financing plan as os outlined |