Bisbee daily review., 1903-11-28

Corporation under the laws of Mime sota. substantially in accor-ance with the plan followed by the Calumet & Arizona Mining Co.,, to-wit: PLAN OF ORGANIZATION. Name.@Calumet & Pittsburg Min | ing Company. Capital. s2,500, 900 | in 50,0OU. shares of 5000 each. The Development Company shall trans for ali its property, real and personal,
 to the Mining Company, on terms as | follows:
 P1an.-1. The Mining Company
 shall assume all indebtedness of the development Company.
 2. 100oOO shares Of the stocks of
 the Mining Company shall be issued
 on the order of the Development Company. which shall be divided pro
 rata among the stockholders of the i Development Company upon the sur render of the Development Company of their stock therein This will give each shareholder of the Development Company upon the surrender to the Development Company of their stock therein. This will give each share holder of the Development Company | IT, sudit5 CI tHe hIHlIlS OOLIpdH| witout cost
 3. 100000 shares of the stock of the Mining Company shall be open to subscription only 10 stockholders of the Development Company pro rata i. Q. each stOckholder of the Develop ment Company shall have the right to subscribe for 1-2 shares of the stock Of the Mining Company at par. for each share held by him in the Devel- opment Company.
 i. 50G0O shares of stock of the Mining Company shall remain unis- sued until such time as the Mining Company shall think best to issue il. and then such stock will be open 70 supscription to stockholders of the Mining Company. pro rata.
 ,. Only stockholders of the Devel- opment Company of record on Decem- Der 18th. 1903. shall De entitled to subscribe for stock in the Mining Company.
 6. Any stockholder of the Devel- scribe afd pay for any part U~ lis pro rata share Of stock In the Mining Company by the date hereinafter specified, will be deemed to have thereby elected not to take such stock in the Mining Company, and shall thereafter have 10 right to take such stock. All such stock in the Mining Company which shall not be sub scribed for by reason of the failure of any shareholders in the Development Company to take their prorata shares of stock in the Mining Company. will be forthwith allotted to those stock. holders in the Development Company who shall have subscribed for their pro rata share of stock in the Mining Company and paid the first install ment thereon, and who shall sub scribe fer such untaken stock.
 ribtion:-Pursuant 10 the above plan, You are hereby notified that subscriptions will be received for the stock Of the Calumet & Pitts burg Mining Company at this office, from and after date hereof until , twelve o'clock of the 26th day of De cemmber. A. D. 1903, when the sub- scription books will close. Sfock will be sold at it's par value of s1OO0 per share. of which $500 must be paid at the time subscription is made, and $500 on or before the 26th day of March. A. D. 1904
 Every stockholder Of the Develop ment Company is entitled 10 make two subscriptions. viz:
 First: He may subscribe fer ? i-2 shares Of the Mining Company for each share Of the Development Com pany stock Of record in his name on the 18th day of Decemmber, A. D.