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Show THE LUCKY STAR IS FREED AT LAST $4,000 Option Paid off on the Last Day. Control Goes from Nielsens Niel-sens to Company. The $1,000 option held against tho Lucky Star mining property by "the Nelsons" was settled on Thursday, tho day on which the option expired. 'The $1,000 was paid them In cash and they signed papers releasing all claims. This ends a long-drawn-out contention conten-tion that for years has kept the property prop-erty from being developed. The Particulars. As Thk Rki'Uiimoan gets It from the principals, a proposition to the Ncllscns to turn back Into tho treasury treas-ury all but 200,000 shares of their stock was accepted by them, and Interested parties put up the $1,000 necessary to take up the option. Thus the control of the property passes from tho hands of tho Nielsens to that of the company as represented by the directors. The' company Iscapltallzed at 000,000. 80,-000 80,-000 shares turned back by tho Nielsens Niel-sens are being sold at G cents In order to cover that $1,000 paid, and an ad ditional 20,000 shares Is being placed at the same price in order to secure some money for development purposes. It Is said that a great portion of this Is gone already. Great Satisfaction. This news comes with great satisfaction satis-faction to a large number of people, for many have the greatest faith In this prospect and believe that good systematic work there wilt develop a mine. A large number of peoplo have at least a small Interest In the prospect, pros-pect, and recent showings have been exceedingly encouraging. It Is said to be the plan of the pic-sent pic-sent company to Bpcnd some money in further dcvelpmcnt work and It Is believed that shipment to the smelter can begin shortly. The Ukpuiiliuan wishes all concerned con-cerned a splendid success and fullest realization of hopes, |