Inter-Mountain Republican | 1909-05-28 | Page 6 | Expects to Close for Nevada Hills

EXPECTS TO CLOSE GLOSE FOR NEVADA HILLS Wingfield in New York Likely to Complete Merger Deal At a meeting of ot directors of or the Consolidated Mining company com corn York pany hold yesterday in New CI City tho the regular regula quarterly Quarter dividend of or 30 cents cent a n share or was posted payable July 31 31 According to Nevada Nevada advices ad George expected while hile In New Now York to attend tho meeting to complete arrangements arrangements ar ar- ar- ar for tor closing tho the consolidation consolida consolida- tion ton deal between Nevada No Hills His and Eagle The Tho two properties adjoin and It Is h pre presumed that tho the has the extension of oC the tho Nevada lulls Hills oro bodies ni although hough the tho Eagle has hns ms not been sufficiently developed elope 1 to prove that that Report Is IR that tho the recent opening on the lowest level leol of at N Nevada Hills His of ot a foot five vein of oC ore which averages 50 to 75 T 5 a a ton virtually of ot the consolidation consolida assures the closing tion ton deal deal While nothing official concerning concerninG tho the terms of ot the deal has been given out tho the prevailing Impression is that In Inconsideration inconsideration consideration of oC taking taking over a block of or tr treasury stock and turn turning In In his Fairview Ea Eagle le the lar large e holders of oC Nevada Novada Hills Hils turn turnover turnover over o to him at 1 25 a share enough of ot their stock to I Control control control con Con- tho the mone money received from tho the sale salo of oC treasury stock to be used to build a 0 mill mm I