The border vidette., 1908-01-25
INTERESTING MEETING
Zambona Directors and officers Elect
 ed Last Wednesday.

Tuesday evening Messrs. Bracey
 Curtis. F. F. Cranz and ". s. Oranz.
 of Nogales, and R. K. Coleman and
 Amos J. Yaeger, of Los Angeles, ar
 rived in the city from Minas Nuevas,
 Sonora, where they had been to in
 spect the property of the Zambons
 Development Company of which they
 are directors. and in which a number
 of Nogales people are stockholders.
 On Wednes lay the gentlemen at
 tended the adjourned annual meeting of stockholders in the directors rooms of The First National Bank, which
 was largely attended, there being 431,- 870 shares of stock represented. either in person or by proxy.
 After the reading of the general managers annual report, and the transaction of great deal of other important business, the following nam- ed gentlemen were unanimously elect ed dirictors for the ensuing year: l.. Patterson, w. F. Botsford, R. R. Cole man, Amos J. Yaeger. of Los Angeles, California; Bracey Curtis. F. F. Oranz, and William s. Cranz, of Nogales, Arizona.
 Alter the election of directors, MT. Ed. Titcomb, president of Roy S Tit comb. Inc, of this city. who recently visited Alamos and MiAas Nuevas on business for his big firm. at the request of the stockholders-most of whom had not seen Zambona - told of his visit to their property and his i'm pressions of same, from a disinterested standpoint.
 Mr. Titcomb, during his short, but very interesting discrIption of the great mines owned by the Z4mbona company. in which he is not personal ly interested, said that in his opinion, 200 tons of ore could be produced daily for the next twenty five years, and the Lord only knew how much longer; with proper reduction plant he believed there was enough values in the immense ore dumps and tailings alone to pay the capital stock of the Zambona Development Company, ex- elusive of the great ore bodies in the mine.
 Mir. Titcomb also expressed his favorable opinion as to the small cap of the ZamLona company, saying that he considered the capital exceedingly moderate compared with a number of other companies of the same class doing business in Sonora. and else where.
 The gentleman said he had never in all his experience seen better de- veloped mine than the Z4mbona, with it's mammoth ore bodies exposed at various points ready to be mined; in his opinion hundreds of thousands of dollars worth of ore was in sight. and predicted a wonderful future for this great property which is considered by every body who has seen it one of the most valua ble in the rich old Alamos district. In concluding his remarks, holders and expressed a desire to be- come one of them at no distans day.
 A hearty vote of thanks was tender ed the gentleman for his kindness in at the meeting, and for his description of the Zambona, as he saw it.
 In the evening the directors met at the home of Director F. F. Oranz and elected the following officers: R. R. Coleman, president; l.. Patterson. vice president; w. E. Botsford, treasurer; W. H. Blennerhassett, secretary; Amos J. Yaeger, manager; E. J. Koch. as- sistant manager; Bracey Curtis, Will liam s. Cranz. and F. F. Oranz, ex- ecutive committee.
 The directors elected by the stock holders and the new officers are large who naturally have deep interest in SC eing the Zambona De- velopment Company become a regular dividend payer, which is confidently during the year 1908.
 A 2OO-ton cyanide plant and tube mills are among the improvements by the board of direct OTIS, and now that the Cananea. Yaqui River & Pacific railroad is completed can be installed in very short time at small cost.