Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-04-21
STRUGGLE HAS
BEEN AvERTED
Majestic Shareholders Have Ad-
justed Their Differences
TO BE no CONTEST IN DENVER
SENATOR Lewis VIII Undoubtedly Com
,tn,e IN he pra.ident Parish TO be
Retained as General Manager

Judging from the contents OF circular
letter received in Salt Lake today the
family troubles between the larger
shareholders of the Majestic Copper
Mining e. Smelling company, have been
amicably adjusted and the strug-
gle which threatened TO take place ~
the forthcoming stockholders meeting
TO be held in Denver, has been averted'
There Is no doubt but that some OF
the eastern shareholders entered INTO
an arrangement whereby they expected
TO retire Senator A. b. Lewis from the
presidency Of the big company which
has done so much to bring the atten-
ton of investors TO the Beaver county
conner belt. Some OF this work was
carried on secretly, II Is alleged, but IN
due time reached the ears Of the sena-
tor. who Immediately proceeded 10 IN
teIview the enemy lin his own den.
on the llth inst, II appears, the
breech between the warning factions
had widened to an extent, which seemed
rreparable Consequently the follow
ing was addressed to Majestic share
holders, VIZ
ITO insure harmony Of action at the
meeting OF May 4th | ask you, II you
can not attend, to send me your proxy
on blank enclosed The conditions are
too critical at the present time for
chickering's, strife, self-glorificatlon,selt-
laudation or the qualification OF selfish
desires or ambitions. To elect board
of directors not composed of men or
high standing, integrity and practleal
business experience and a knowledge
and appreciation of the needs ana re-
uuirements OF the great Majestic prop
critics would be almost suicidal our
manager with his thorough business
methods and practical knowledge OF
the necessities and requirements OF
both smelter and mine must be gwen
hearty support Hence the vital neces.
sity for the elimination or personal
nioue and selfish ambition, ! VIII en-
deayor To act wisely In the choice OF
directors. giving to the eastern STOCK
holders a majority OF the board and
nledge YOU. ii in my power, TO help
elect five or seven men as the case may
he who will command the respect ana
confidence of the stockholders. Ihahk-
ing YOU FOR loyal support In the past
| ana pleading my earnest EFFORTS TOT the
| future glory Of our great company am
Very sincerely yours,
| A. r. LEWIS. Salt Lake city Utah'
ON the subsequent day, the 10th instg
! If is evident that the pipe OF peace
was smoked and shareholders were
notified thus
Hartford, Conn, April To- lSOS'-.
Iaboring under a misapprehension OF
facts prior 10 April IA, | prepared
circular 10 Majestic stockholders re-
ouesting them 10 send their proxies 70
me for use at the annual meeting to De
held May 4. After a conference with
Mr.. Mucklow Yesterday | found that
there was mutual misunderstanding or
the facts involved in the situation, and
later / regretted TO find that during my
absence from New York some OF the
circulars, dated April IA, had been
a '.g "a. b. LEWIS"
I'VE regret that as a result Of mis-
understanding there has been even the
sembance Of friction in connection win
Majestic affairs. our ambition Is 10
make the Majestic one OF the greatest
mining properties in the world Sucn
result can be accomplished, we be-
lieve by united effort and we shall use
our best endeavors to such an END.
We believe that personal interests
should not be allowed TO interfere win
the Advancement and success OF the
Majestic. All proxies held by either OF
us Will be voted in harmony with the
desire OF the majority Of the stockhold-
ers for a strong board of eastern dl-
rectors, and the mine management VIII
be continued as heretofore under MT
William A. Parish.
(Signed) "a. r. LEWIS.
"WM. B. MUCKLOW."
The same day the fiscal agents Of
the company. Chapman, Mucklow ant
Bosom, addressed 10 the Majestic
shareholders the following
1--WE are pleased 10 call your atten'
,ion 10 the enclosed statements: one
signed By Mr. A. u. Lewis, the presi
dent of The Majestic Co.. individually
and the other Jointly by him and Mr.
VIM Il. Muckow, the treasurer OF I'M
company. These statements put al
end 10 any seeming lack OF harmon!
concerning the future management o
the Mafefiic co. A strong board o
eastern stockholders Is now assured
and YOU Will welcome immediatel!
after May letter OF greeting iron
the new board Of directors setting fortl
the present physical condition OF tn
great and marvelously rich propertie
owned by the Majestic Co., and ais
giving the latest data IN connection
with the shelters, and the bright pros
pects for the future. We want 10 as
sure you that the mines owned by tn
Majestic are destined 20 be famou
throughout the world There is abso
lutely no doubt about their wonderful
richness in gold, silver, copper lead
etc. We advise you strongly not onl
10 hold every share OF stock you no'
have. but TO increase your holding
within the next so days. II will be you
last chance TO get this stock at & rea
sonablc figure.
Sincerely yours.
CHAPMAN, MUCKLOW q BOSSON
p. s.-A very strong and infuentla
delegation leaves the east next weei
J | April a. 10 visit the mines and 10 b
present at the annual meeting. Hay
: yoV-arranged TO go?
p Ii Is cl-,med by persons who are clos
friends Of General Manager Farsi
] that had the plan TO retire Senate
p. Lewis from the presidency OF the Ma
. iestic been carried out, that he to'
e would have refused 10 serve the con
$ pany longer. Ii Is also asserted that co
2 Parish let the fasteners know jus
I where he stood In the matter and tha
2 they were suddenly brought TO realiz