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Show BLOCKING TBE COPPER MERGER i Mftrquetfe, 3flch., Aug. 12. Another j !H attempt to blockade tho proposed con- IH solidatioii of tho Hecla & Calumet, J Osceola, Ahmcek and several other lI Lake Superior copper mining compa- - Il mos, was made yesterday when John Sl S Jackson of Milwaukee, an Ahmcek fil stockholder, began an action in the 4 H United States court at Marquette, In H which he asks a permanent injunction ll against the merger. i 2H This makes the fourth suit that has : been instituted, jach in a different ) M court. M The principal points made in the H Jackson case aro the alleged Jow val- H uatlon of the Ah meek property and M alleged too high valuation of the Cal- 'H umet & Hecla. Under the terms of M the proposed merger, the Ahrueek M goes In at $10,000,000, while Jackson . H contends that the property is fairly M worth at least $15,000,000. IH Jackson asserts that the property '1 valuation given the Calumet & Hecla, H upwards of $42,000,000. is more than H it is worth, considering tho values put ( M on Ahmeek and other properties that ; H arc included in the proposed merger. il Ho contends that if the consolidation is consummated, the Ahmeek stock- H holders will not get their Just share H of the stock of the merger company. I M -oo '1 fl |