The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-01-10
h KING SUIT
he OF HISTORY
|rs Perfect a Compromise
h James McGregor on
Wednesday.
I THE FORMATION
BIZ Splendid COMPANY
||dation of Mines Being
|uDded Out by Silver
Eing Company.
of a compromise effected

. of a compromise effected
.n5av in this city between
|',creror and the directors of
4, King Mining company. all
;;Ferences existing between
I .|,rsts are buried. and a new
4. for all Park City within the
4 reek of the newly born year.
4 Mtween Mr.. McGregor and
q King company. all conflicts
Ia all forebodings that may
4 created in the State incident
,omphcations between two
forces, all are matters Of his.
1 things OF the past, and
-srpes for the future a new
|rdid era OF kindly feeling,
A magnificent Silver King.
Eel 10 place upon the page of
+ some of the most striking
wing chapters. 1t is a great
4 the Silver King interests, for
\ and for the mining industry
ID that a friendly adjustment
Eerences has been made pos
|h the directors of the Silver
Erany and Mr.. Nc Gregor have
Ill conferences lately looking
|gstment of the suit pending
Ne company, no authoritative
y has reached the public
d the sane, and the announce
E create great satisfaction
II coming. as il does, without
cent and unexpected. BY the
the compromise the Silver
many will absorb all the inter
~ McGregor at Park City.
which are extremely valuable
Esive. The consideration for
Euent naturally is very large,
|NeGregor interests are widely
y be among the most desir-
y State; but no intimation has
|z Of the terms of the compro-
|rerely is stated that the terms
Enently satisfactory 10 all
<.cerned.
rzgse Interests Absorbed,
littors Of the Silver King ad,
3 Wednesday that the compro-
been consummated, and Man
|ezas Kearns Of the Silver
epany was authorized by them
|nio his charge all the Nc
|hldings IN the camp. These
Consist OF three companies.
In Importance from the point
''F holdings is the PInon Ridge
':zpsny. capitalized for 100000
ms company is the owner
r Claims. ali patented, con
" acres ia all. The second
. known as the Baltimore
|apany, owning nine patented
g approximately sixty-two
ne third organization is the
and ST. Louis Mining com
ing SIX patented claims, the
COMPANY being capitalized
shares, and the Magnolia
nls company for 100000, All
lheent area Of mineral ground
g or contiguous 10 the pres
King possessions, and in
= Of the most desirable and
FFound IN the whole State Of
pses a total of forty-fiye
Claims, with an area Of about
su OF which Will form a part
pat amalgamation that is to
ta within a short time with
M holdings of the Silver
rulie company. This proposed
.iuon, however, will not only
properties above mentioned.
-ststood that the scope Of the
iaf more extensive than has
| even dreamed Of by the
'sIk City resident. The con-
MI include, in addition, the
inn companv's possessions,
%lae property, which recently
aea by the Silver King com
Addenda group. comprising
.ieage, and fen claims on the
ploln.ng the Woodside.
~ Measured by Acres,
s,o o. extensive or ideal areas of
ound will exist in the State
as, perfection Of this new
rss .o. It's possessions are not
y. ssrred rrired by acres. nor even
a =, inc amalgamated company
&nI ~ extent Of ground. compact
Y ' osn' Tor four miles in length
d 'ne and one-half miles in
N WI consist of ground that
N rr,elory for Utah during the
IA '.ddrs, and which will con
Nm 'ne mining glory of the
N" snll greater brilliancy
so,. many years of usefulness
sr;ie. IL is safe to state thai
|,5 Inv embraced within tho
|fu nos OF the amalgamated com
kisb;p only never be entirely
Of the life OF the prescn,
nova ,nc Silver King company
pa a,.s can be thoroughly
tpOsi,;en during such period. II
q cisopp,a that will require many
|fies before the tremendou.
indie are fully realized
|ealgamo.ood that the details ot
our a.l0n are pretty wei
figsntissh and that the perfection
''A''c enterprise will be at