Bisbee daily review., 1907-01-31
PATTIS0N COMES ID CITY FROM
 DULUTH
Head of Shattuck and Dem Companies Here to Attend to Details of Reorganization, Pleased With Situation.

Among those arriving in the city last evening on the train from the east was Martin Pattison, president of the Shattuck,Arizona and Denn-Ari- zona Mining companies. On his arri- val, he was met by his son, B. M. Pat tlson, superintendent of the properties, and his sonIn-law, H. II. Fisher, who arrived here yesterday morning from Mexico.
 When seen last evening at the Cop per Queen hotel by representative of the Review and asked concerning mat ters connected with the Denn, MT. Pattison said:
 "Of course, all of the eastern stock holders were highly pleased when We learned that ore had been encountered in the Denn shaft, because we have had great faith in the property and showed our faith by investing money against the advice of many eminent mining experts. We look upon the strike of ore as a vindication of our faith in the portion of the camp where the Denn is situated and look for great things from the property.
 r7when subsequent development work proved that the ore body was of a considerable size, and every in dication pointed to the fact that the body would be encountered again on the HOO leved. as has since been done. the directors, or as many of them as there were in Duluth. cooperating with the Bisbee directors. decided to organize the Denn-Arizona Mining Company.
 Tn accordance with this decision as the people of Bisbee know. the ar ticles of incorporation were filed with the secretary of state of Minnesota, and at the present time we have just filed the necessary papers with une local government to enable the new company to take over the property.
 T am in Bisbee at the present time for the purpose of comforting with the local directors on the matter of the apportionment of stock in the new company for the stock in che old. l expect to take this matter up today and any decision that is arrived at here will be ratified by the eastern directors as soon as l return to Dn- luth. which I think will be within the next few days. It had hoped that we could hold directors meeting In Bis bee, but owing to the fact that just at this time of the year 1t is difficult for men of affairs to leave their re- spectiye businesses, the eastern direc- tors could not come west, so l came to take the matter up and settle 1t.
 "The annual stockholders meeting has been called for Bisbee to take place on February 16, but according to the present outlook I think it will be adjourned here to meet in Duluth"
 At this point MT. Pattison was ask ed if the matter of building shelter would be taken up in the near future by the stockholders of the Denn and Shattuck companies. and he said:
 '1t Is probable that this matter will be given consideration at the stock holders meeting, because with the Denn entering the class of producers it will be necessary for us to give this proposition immediate attention. Nothing definite has been decided upon as yet; neither the time of build ing the smelter or the place at which 1t will be built, but am of the opin- 1 ion that both of these questions will ! be settled at no distant date"
 The stock of the Denn-Arizona com pany was steady at the 100 mark yes lterday, no stock being offered, as every one seems to be awaiting def1- ! mite news as to the apportionment. Judging from the eminently fair man, ner in which Pattison and his asso- ciates have treated the Bisbee people who have faith in their judgment. not the slightest doubt remains but that the apportionment will be such as to meet with the approval of all.
 In the reorganization of Denn there has been a conspicuous absence of bit ter feelings which have arisen over many consultations and re-organiza- tions which have taken place in the Warren district in the past several years. The universal opinion is, that the Pattison crowd have proved them selves to be miners, not stock jobbers and whenever they advised their fol lowing to buy, they bought them ] selves.
 l 11- 6f1 n