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Show PALOMA ASSESSES TO DEVELOP MINE Mark P. Braffet, president and general manager of the Paloma Gold & Silver Mining Company, with property prop-erty located in Beaver county, said yesterday that the board of directors had just levied an assessment of 1 cent per share on the 900,000 shares of capital stock outstanding. The assessment becomes delinquent delin-quent on September 15 and the sale day is set for October 6. The money derived from this assessment will be used to continue sinking to the 1000-foot 1000-foot level and in the meantime development de-velopment work is being pushed from the 900-foot level. Tribune. |