Show KELVIN KEIN CALUMET IN INI LEWISOHN'S HANDS I t f Plan to Consolidate With I II I Ray Central Is I Presented Presente At a a stockholders stockholders' meeting of uC x the lh I Kelvin Calumet Copper Mining company corI corn com cor- cor I pan pany hold holl on Oil Mat March 6 at Wilmington Del a a new arrangement ement was presented for tOt ratification Involving ol the transfer Un Aria Ariz of at the company's claims at nt Ray to tho the na Ray flay Central Copper company compan IDel Under tho the new arrangement Adolph agrees to pay the tho Kelvin ln company U GI for the purpose of or t floating d 30 0 additional tor he Si 9 oJ fot re tn I tiring J Its outstanding preferred stock issue isue uc He lie also n agrees to convey con ey to tile the thoRay Ray flay Tar Central Copper Mining company twelve additional claims llaima not owned 1 by bythe the tue but adjoining it and andal valuable val vai- al In ill connection therewith Adolph agrees to subscribe for tor or shares of or the capital stock ot of f the Ray Hay Central opper Copper Mining company corlan corn com cor- cor lan pany at the tho par ar value of ot 5 3 per share and nd to pay into the treasury of oC that that company compan tho the sum mini HUI of or in cash This will give tho tile Ray R Central Copper Mining company compan 22 claims and aul an amount of aC cash In Us its treasury sum sum- lent dent for tor their proper development do and exploration Tho The Ray Hay Central company will wi then Issue Bue to the Kelvin company compan 7 shares hares of oC f Its capital captaI stock besides an nn option apton until March 1 1 1910 to acquire the tho he whole or un any part arl of at tho thio 2000 00 first mortgage convertible 6 per ver percent percent cent bonds at nt the tho price of or 80 SO por per cent of their par value Of or this stock stack the tho Kelvin Calumet will retain I company compan wil Ihn shares s. s and ane will wil transfer 9 shares shores thereof besides s tho the option opton on tho tIme convertible bonus bonds to Adolph Lewisohn This will vill wil leave o the te company free rree of aC debt and with shares of ot stock of ot the na Ray flay Central company In Us its 18 treasury treasur to he bo divided among its f ne stockholders one one share of the tho new stock o of the par value of ot 5 for or e every share live five shares of or the old oI value of ot 1 per |