| Show SILVER MINING CO tL I Stockholders Iders Likely o a Reap Large Rewards MANAGES 5 S. S SPiRO VINDICATED BY lATE DISCLOSURES Recent rich strikes cs In tho the property of ot the tho Silver King Consolidated com com- rany's pany's ground at Park City Utah have I vindicated the Judgment of or Solon Solon Spiro and manager man man- ns fiS to 10 its value alue As promoter tiger ager of ot this corporation he lie began beSan several several sev soy eral oral years ago to develop elop tho territory Ho lIe then believed be- be now no proving up so 80 richly lIe It contained vast storehouses of mineral mineraI wealth lb Ho lIe based his beliefs on which man many prospective In Investors In- In His arguments arguments arguments ar ar- ar- ar estors could not understand in favor of or tho the development work ho he suggested as a a. meant means for tor reaching the ore oie bodies bolcs were declared b by detractors to bo IJO entirely mistaken theories Spires Spire's project in iii fact was systematically knocked b by Influential t al and antI wealthy mining men owning territory or adjoining antI and surrounding interests therein Surely Sureh therefore It has required of his the time correctness years rears to prove theories and anti force orce their recognition by bytho bythe the tho public Also time the patience of Man Man- nger uger Spiro of tho the Silver King Consolidated Consolidated Consoli Consoli- taxed dated company has been sorely while willie ho has been heen slowly but surely ro- ro rivals who knocked his various wily I project anti ami resorted to f. f tactics in tn the expectation that ultimate ultimate- Jy he Ito would abandon his aim and tho the thor y r s property thus be left lert open olon for acquire acquire- v r ment mont easily b bv by those who Had Spiro possessed loss A coveted it easily n discouraged die dis steely nerve nene beo boo of a more ca and manifested I less combativeness furthermore tho the stockholders in his company would have lost their investments In Stockholder Stoc j Su SUII eil insurmountable ob obstacles oh- oh almost Despite on tho time thoin etudes however howe spiro stayed to anti LLod Is beginning job as It were vero as victor Ictor in what apparently mining camp has s been IJen a most peculiar had ho he 21 light ht for tor an Immense fortune hohl- hohl job his with time the not stayed I era erB might ht have been and deprived long Ions a ago o been would oum have ha fruits ot of their Investments Invest Invest- v or of the tho le thou though h those fruits O ments even extraction the mere for tor already theirs or of this year time the rich Late Lato In July which fairly ores en mining world of tho I startled the created excitement a and nd especiallY district Park City throughout th the time immemorial every from heart where whelo has been d with the hope p would be disclosed there that some somo da daY the to rich mints mines In addition known as rich properties won wonderfully the estate part of Silver what King Icing King IS Included Co Coalition HUon In and upon Silver er of time tho hi ot of State rested ted the ante which estate has II r JJ thirty of years upwards 9 Park City for tor In its Ts as aN a u. peerless gl gigantic mt always believed had Manager owned ell b by bythe own claimed that and Consolidated was the Sliver Silver KinG richest parts of time the equally as rich as aR Coalition or of the tho Silver er Inn King the bodies reach his ore oro corporation To to sink however er It was necessary shan shaft l through h barren territOrY formations which ass must through one o oed of reward This w was promised was do- do the reasons whY his wildest wildest- dared lJ by rivals to be ono the eyed ed sort of ot experiments Stolen Fortune I Late dh have were shown being also lIe lIe- that while Spiros Spiro's ideas Idena actually actual actual- wore tho they adversaries nd cried by from his companY'S compans extracting ly h. In large quan- quan rich or ores k ground vcr ery ot of the tho tilo worl through h I titles propertY This Silver King Coalition k r accomplished being t l o extraction wal SpirO In b by claImed stealthilY It Is of the values aluc fry reco actions for tor civil been claims h have VC these ge or of these ores ore established within the last Culls Culls' Manager and few cw weeks Spiro believes nil all his contentions will willbe willbe willbe be judicially decreed that tho the Coalition management nt deliberately for tor years yours sur- sur r robbed the Silver King Kind Consolidated corporation while tho the latter latter lat tat ter tor was encountering difficulties In raising raisinS capital for shaft sinking ln and pumping water at enormous cost and otherwise Innumerable obstacles obstacles obstacles ob ob- ob- ob to success among which was tho time panic of ot 1007 OS which removed from use so much capital previously pre pledged for for- mine development every every- w where Ii e re More than titan a year ago discovery discover was made by Manager Spiro that the heavy water How formerly pumped no longer existed In the Silver King ICing Consolidated workings and that an outlet for tor It had hart been opened through Coalition work- work I In Ing ng Thou Then the tho Consolidated management learned that the Coalition company had undermined the time Consolidated territory Redress In court was Immediately un- un taJ taken en by Manager l Spiro of the Consoli Consoli- dated An n order to survey survoy by the court was secured This Timis established the tho trespass trespass tres tres- I pass by tho the Coalition company to havo have been extensive beyond the anticipations I of tho plaintiff of nf Ores t led In court the thc defendant Silver Sliver King ICing company 1 finally na II admitted tho time trespass It was found however that the greater tart part of ot the workings leadIng leading leading lead lead- ing to the Silver lIver King ICing shaft had hati been caved ell making a perfect survey Impossible sible In tho the territory looted Out But notwithstanding notwithstanding not not- withstanding these difficulties experts have havo established that the high-grade high ore was stolen from flom tons a 0 Consolidated feet long feet foet who and extending from Crom the 1300 to the tho 1160 foot root level 10 nl Cummi Contention I Trial of ot the issue over O this or ore body is now pending in the tho United d States court and testimony Is being taken The defendant company has raised tho the point that when the Coalition company was WM form formed ell two years ago its promoters promoters promo promo- tars former owners of ot tho the old Silver Sliver King ICing did not assume the tho existing liability lia lIa- bUH of ot time the Silver Sll King ICing Mining 1 com corn pany This contention however is likely to bo he regarded b by the court as In view of the tho fact tact that the deed of conveyance from tram the time Silver King company to the Coalition company specifically recites that the Coalition company compan assumes all aU time the obligations of ot the tho Silver Sliver King lOng company which was ob- ob by tho the Coalition In fact tact the same sarno question was raised in the tho demurrer demurrer de do- by the time defendant company earlier In this suit and antI tho the court then in overruling that demurrer held that the Coalition company was responsible for the time obligations of ot its predecessor corpora corporation t Ion The Tho oro ore boll body under dispute IB is known as time tho Parsons slope In tho Vesuvius claim This claim is Jointly by the two twi corporations part ownership ownership owner owner- ship to It having been boon obtained b by tho the Coalition contrary it Is sal said J to Manager Man Ian ager agor Spiros Spiro's desires yet beyond his ability to pi prevent event in tho past The Tho defendant admits having appropriated this oro ore entirely to Its own benefit In the meantime however the plaintiff plain plain- tiff tier Consolidated company alleges es that the tho Coalition company has likewise trespassed upon other ethel claims of ot tho the Consolidated company compan But In view of tho the fact that tho the engineers eng havo found these workings caved it has line been Impossible impossible im Im- irn- irn possible to lo survey them or make any headway In estimating tho the value salue of surreptitiously extracted there there- the ores ore from ITo Hu time the ho li KU-li h Occurred Those These conditions made malle It necessary on the time part of ot the Silver King Con Con- to do tIo exploration work worl from I its own shaft and in pursuance thereof crosscut was ox tended extended into the Andes a It claim approximately 2000 feet Ceet on the 1100 level 1 From rom tho the heading I of this title crosscut a v vertical was sunk feet feet- In this sinking a a. series mineralized fissures was encountered encountered encountered en en- highly of countered and on the of last July drifting b began gan between the tho 1500 and amid I 1600 foot levels and In a comparatively few ow feet teet this drift opened Into a u. magnificent magnificent magnificent mag mag- I vein of grade crade ore oro constituting constituting con con- the tho important strike which fulminated the district with excitement few tow weeks since and vindicating a completely even evon had his Spiro Manager substantiated substantiated sub sub- Judgment not been heen previously good the surreptitious disclosure disclosure dis die closure of ot by the ores heretofore mined through the time Coalition workings The mom main crosscut is being continued by Manager l Spiro for the tho purpose of ot Intersecting the contact and on July 1 instant a second highly mineralized vein oln s sixty feet from tho the first which ered vein was encountered shows a splendid quality of ot sulphide I I These ores carry approximately ores of the per ton at present prices metals These last disclosures by the Consolidated Con Con- people discredit entirely the tho declarations of ot the Coalition tion company that Consolidated ground I possessed no merits Tho The Consolidated management is doing doIng do do- ing lug a great groat reat deal lIeal of work vork now calculated calou- calou handle hantle to more moro economically Its now rich oro ore body and anel tho the pres- pres for tor stockholders soon beginning peets realize returns from their investments Investments Invest Invest- ments monts to aro are altogether exceedingly flat flat- The now discoveries In Consolidated also surely likely to Im Impart rt ro- ro are flowed life lito to Park City and place It nearer the tho higher position to which its unscratched areas are aro entitled ns S yot for or while it has yielded these are arc but fractions tractions of Its ita real re resources resources resources re- re sources that will wUl bo ho revealed rC as 38 additional additional additional addi addi- mines aro are opened |
