The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-12-28
JACKL|NG WILL
REMAIN IN CHARGE
Power Behind Utah Copper Not
Afraid of Added
Duties.
BIG MERGER is
ALMOST COMPLETE
All Details to Be Finally Ad-
justed by Latter Part of
January.

That the negotiations looking TO the
taking over by the Utah Copper company
OF the Boston Consolidated company 5
interest have been carried on in such a
manner as to prevent any te-up of plans
by Individual stockholders Of the latter
company. is the information given by
General Manager D, C. Jackling in dis
cussinG the merger with The Tribune
Monday morning, Mr. Jackling states
that the Utah Copper company has been
dealing In this matter with the London,
England. company which controls abso-
lutcly the physical properties OF the Bos-
ton Consolidated company. In View OF
this fact the merger is "a assured & upon Pnaf .ne
ever opinions individual stockholders may
hold.
Settled in January.
Mr. Jackling states also that the only
corporate action now necessary for the
finaI consunamation OF the deal is the
meeting of the stockholders OF the Utah
Copper company called for January o:
AT this meeting the, proposed action OF
Increasing the capital stock OF the COM
pany from $50 600 to $500 900 shares for
the purpose of taking over the Boston
Consolidated and making such improve,
ments as may be deemed advisable. Will
be ratified. So far as the Boston Con.
soldated is concerned. II is stated; all
necessary corporate action mas been
taken The part which the Nevada Con-
soldated will play in the merger is en-
tirely in the hands of the stockholders
of that company, Mr.. JaclSlins states; 9
mean the taking over of the nines. the
Steptoe smelter and the Nevada North
ern railroad All details will. in all prob
ability, be satisfactorily adjusted by the
latter part OF January,
Jackling Will Remain.
When mention was made to Mr., Jack
ling of the rumor that he was TO retire
from the general management OF the
combined interests. lie smiling replied
that no suggestion OF such lt! nature ea hhc hn
further stated that he would remain IN
charge OF all interests. When the mag
ntude OF the work before him was men
toned Mr.. Jackling replied that IotS ot
work is good for q man.
Mr.. Jacltling stated that the board OF
directors would he increased, after tlc
merger plans have been conSummated
so as to include representatives OF al
the merged companies. though the Utah
Copper people Will stu remain IN aoso-
lutte control and the officers OF THIS com
many will continue to direct the policies
and opera tions OF the enlarged corpor-
alton. The directing officers of the com
pany will remain In salt Lake
Copper Outlook.
When asked an opinion on the out,
look for copper Mr.. Jackiing stated that
he considered the future for red metal
very encoura ging. though he based MS
assertion more on what ne nad hearu III
the cast from copper leaders rdlHel Imam
personal knowledge.
Mr. Jackling thinks that the price OF
copper will advance, slowly perhaps, but
surely and that the demand for the
metal will also continue TO grow.
Concerning the big merger OF the cop
per interests the Cole-Rya ana Gug,,
Fenhei,n properties. Mr.. lacking stated
Ihgt he knew nothing moro definite than
what he has read in the public press
In general. Mr. Jackling IL %el pleased
with present conditions and the outlook
for the future He is i'm splendid health
and anxlous and well equipped, mentally
and physically, TO enter into the big work
before him.