Daily Arizona silver belt., 1908-08-25
MIAMI ID ISSUE
 TREASURY STOCK

-'e" Aoih titft august 'ct i"Vps To the Stockholders of Miami Copper
 Company:
 The company has been engaged fol some time past in the development oi its extensive properties, and has sue ceeded in blocking out large bodies of valuable ore. The report of the com pany's consulting engineer, confirming as it does his previous opinions as to the values of the properties, is mos. gratifying to your board.
 The rapid increase of the ore reserves the last few months has demonstrated the advantage and advisability of a larger plant and more extensive devel opment, and therefore your board has voted to offer to the stockholders at the present time the remaining stock for the purpose of supplying funds for the construction of larger plant and carrying on operations on more extensive scale.
 The board of directors have, there fore, determined that it is in the in- terest of the company at the present time to offer for subscription the re- maining 100000 shares of its capital stock now in its treasury; and the right is hereby offered to all stoekhold- CTS of record at the close of business on the 25th day of August, 1908. to sub scribe for the shares of the company now in its treasury, to the extent of one-fifth (l-5) of their respective hold ings of stock, at Ten dollars (sl00O) per share.
 The amount of the several subserip- tions is to be paid to !. H. Susmann, Esq, treasurer, at the office of the com pany, No. 42 Broadway, New York City, in three instalments, to-wit:
 Fifty per cent thereof on September l5, 1908.
 Twenty-Five per cent thereof on De- cember l5, 1908.
 Twenty-Five per cent thereof on March l5, 1908.
 Warrants, signed by the treasurer or assistant treasurer, indicating the nnm- Der of shares for which each stockhold. CT is entitled to subscribe, will be issued to the several stockholders as soon as practicable after the close of business on the 25th day of August, 1908. Such warrants will be issued in the first instance for the total number of shares for which the stockholder is entitled to subscribe, but will, on re- quest, be split up by the treasurer into such amounts as the stockholder may elect.
 Fractional warrants will be issued in the first instance to all stockholders entitled thereto by reason of holding a number of shares not a multiple of five. No stock will be issued upon a fractional warrant, unless such warrant be accompanied by other fractional warrants the aggregate of which will entitlt the holder to a full share of stock.
 Subscriptions, accompanied by the warrants upon which they are based, must be presented to the treasurer be- fore the close of business on Septem- Der l5, 1908, at 3 o'clock in the af- ternoon, at which time the right to sub scribe will expire. Upon receipt, on or before said day, of subscription ac- companied by the necessary warrants, and the payment of the first instalment as hereinbefore provided, the treasurer will deliver to the subscriber a nego- tiable receipt certifying to the number of shares of stock of the company which the holder thereof is entitled to receive upon the payment of the remaining in stalments, and confering upon the com pany the right, in default of the pay ment of any instalment, to sell said shares of stock represented by said receipt at public or private sale, with out notice, and thereupon the holder of such receipt shall forthwith become liable to the company for the amount of difference between the sum realized at such sale and Ten dollars ($l0) per share and accrued interest. On appli- cation to the treasurer these certificates will be split up into certificates for such amounts as the subscriber may elect.
 No subscription, or assignment of .he right to subscribe, will be recognized unless made in the form provided by the company, and upon the terms and in the manner set forth in the warrants to be issued.
 The one hundred thousand (100,000) shares of stock now in the treasury of the company have been underwritten by strong financial interests.
 The stock and transfer books Of the company will be closed at p. m. on August 25, 1908, and remain closet ua- til 10 a. m. on August 3l. 1908.
 By order of the board of directors.