| Show ja 19 C K 1 1 OF THE mi SE VREY COR CO MEET all senen sen present directors reelected by acclamation te tc scie another the annual stockholders meeting of the sevier valley coal company was wa held saturday afternoon in the commercial club rooms for the purpose of hearing hc ieng reports of prel president dent general manager and the secret secretary arv treasurer ind and of the election of directors for the ensuing year president C J sumner was in the chair and in bi hr report d elt largely on the transport aaion situation for the company ex e pla ining that the denver rio grande wester wc sacr railroad company i continuing the work somewhat and it will be the luty duty of every stock holder to lend support individually and collectively in any way possible to force the railroad into quicker vork ork becire in the transportation will largely depend the early success of the undertaking general maniger man iger H U I 1 lewis gap gae i a detailed epoise of the work done so far chich shows ho how w that the fund of the company hive have been epp ndel efficiently ind and economic illy the mas ma s ter coal vein his bas been reached within an inch of the loution loc tion that was ex c ported from the test bv the diamond drills tho cral is excellent and going through the win vein it was discovered that another big vein is underlying the master vein and will crovea big continued on page eight stockholders of the sevier valley coal co meet from one asset in due time it wont bo be necessary however to go to tins this other vein for a long time lucause the master vein nein has a capacity to supply the market for more thin a generation at capacity cipa city output the shaft is fully completed to a depth of five feet below the master vein and the next tiling thing to do will be to cement it from tile the bottom up to connect with the part already cemented to make it secure for all times the work nork has been handicapped for some time by water but to have this water will prove proc a benefit of ten times the value alue of ahat it has cot to control it as water in a coal mine greatly reduces the dangers lurking in a dry coil cod mine for the laborers mr lewis who has built coil coal mines in utah wyoming and in the east said that the property and its value is bigger than that of any he hid had aiken ken hold bold of in his wide experience ind the earlier transportation ran can be provided for the sooner thel the stockholders will see results he endorsed I 1 the plea of the president to ex e ercie e political and any other available influence to force the railroad either to complete the job or get out and let another rail road company come in secretary treasurer sterling K heppler gave in his report a financial fm ancial statement showing that the assessment the company is now nav asking for is levied for the purpose of completing and securing the shaft lie he also took reference to a recent re cent visit at the coal mine by government experts from the bureau of mines in washington D C who said that this mine is the best I 1 laid d out and most efficiently develop developed d of all the nunes mines west est of the mississippi and to the remark of president and general manager sweet of the standard fuel company aho vho ho n spite of being a competitor stated that he be found the sevier valley erlb the mot remarkable rem lav lal out he had ever seen that the stockholders were very ery much pleased with the reports is evidenced by the tact that a motion car lied unanimously to reelect re elect ill all present director by acclamation thee directors are C J sumner 11 E lewis le cw is sterling K heppler john dastrup J oscar anderson john arneson ameson and john dooly A motion also earned carried that abit on a stockholders day the date to be set later all the stockholders of the company will go to the camp to seo sea with their own ebes what has been done dona and what ahat the enormous possibilities of the company are all ali officers appealed to the stockholders to make a special effort to partake in this excursion or on stockholders day supplementing his report the general manager informed the stockholders that the shaft is built to take care of an output out put of from to tons toa daythan day that the necessary machinery will be installed as output out put and market warrant and that after finishing the railroad and installing the machinery the mine will have a value that can c be bonsen conservatively actively estimated at |
