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Show IMER PITT CHOSEN HEAD OF MINING CONGRESS At what way be termed a reorganization reorgani-zation of the Utah chapter of the American Am-erican Mining congress, held recently at the headquarters in the Boston building, Imer Pett, general manager of the Bingham Mines companyr Victoria Vic-toria and Kagle A Blue Bell, was elected board president. He succeeded A, B. Apperson, who has resigned. Others chosen as members of the board were J. B. Whltehill of the International In-ternational Smelting Company, A. C. Wilis and HI M. Hartmanirof the Ophil Hill Consolidated Mining company. com-pany. , ) . ,-,s; JVlr. Pett. who was honored yesterday, yester-day, is a Utah boy, born in Brlgham City. He has made one of the most remarkable re-markable records of any young mine operator in the West About ten years ago the properties of the 'Bingham Mines company paased from the hands of F. Augustus Heinze to those of James P. Graves of Hnlnn ami nsawt. ntes. The Uostonlaus Insisted on 'Mr. Pett taking the management, although at the time there were debts of about $1,500,000 hanging over the company. Mr. Pett finally consented. Latfr the company acquired control of the Eagle & Blue Bell which alro had a debt round its neck of about $500,000. Ia these past few years Mr. Pett made his record. He has wiped out the $2,000,000 of Indebtedness and brought both the Bingham Mines and the Ragle Into dividend class. Their aggregate ag-gregate dividends to date is $1214,890. This represents a grand net profits made in that short time of approximately approxi-mately $3,000,000. Few 0erntors in the West will equal that record. Kspe-, daily is this so when it is taken into consideration that the mines were considered worked out when Mr. Pett asuunied the management, and he received re-ceived little financial assistance other tlian what he dug out of the mines themselves. |