Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-11-08
THOMPSON Co. REPORT
TO STOCKHOLDERS.
Explanation Made of Method OF Con-
solldatlon of Properties In
Park City Country.

Stockholders OF the Thompson MIN
ing company of Park City are fecelN-
inc statement issued by SccS. ~ L.
THOMAS. Jr explaining the consolida-
ton OF the West Quincy ana ihoniP-
son companies The new inforporu-
ton will have a treasury on e-o'oi'
.,,,ras nu1 IL Is probably by THIS means
no company intends TO +tinance ''e
,,tnrc york. The report Is as follows
i pncioso herewith a copy OF inc pun,
,ished notice OF Il special stockfoiue's
meeting Of the Thompson MINIS e' ~,
many TO be held On NOV. ~. lai'' y. ~. ~,
+noiiI of pm, of SAID uaE, ~
p,,rposc of ratifying ana cvii.ii "i't ~,
The action OF its board ol uiles ~, md
entering Into an agreement 10 stii u,,u
d,.nnsc OF all It's assets 10 Il new cu',.-
gn,,,,y IA be incorporated nhder .ne
nnInc Of the Tnompson-ouiiicEs ~" ~,
SuIidntcd Mining company. anu h,so 49,.
4 ,hn ,,,,ruosc ofsratifying and coni'f''hns
tho action Of its board oi uIlts.
III entering into u written nereeli' nv,
WITH the West Quincy Miiiliis N'.i,.
nanv Tic Daily. Mining company t,ie
ontario Mining company w'terc, ,,,. .t,'s
!, ,,rcnd tint fthc West Quincy Mihins
,.s,r, n.,u,. will deed its property 10 inc
ncw company, and that certain ease
n,onts viii he conveyed by tho ontario,
lDaly and DA,y West Mining companies
on The ,2OO-foot and other 'cSe's H ~.
tunnels. both above ana pcloM' 49,,
drainage and operation pl'rposss,, 80
Tar The ,,sp by the new company o'
,,..,i,, Irifts and tunnels for drainage,
jngress and 4cgress for matcriai 10Y op.
GRAFTON plrposes,' and for the thhtns
sn,,, nf ores and waste. together WIN
Ill necessary dumping privileges
CAREFULLY CONSIDERED
Tho proposed consolidation y ,,e
result of over two years gcarci ,,,, W.. w..
sideratiun. The owners Of me ih'o ,ii,,,
snn Mining company have long pesii
,n.n,ct thai Ia iittcmpt to work inc
nronerty BY sinking shafts ana pump
Inc water would be SO expensive as 70
nr.,ct,raliy swamp the stockno'aeis.a
nn1 IL was cnrly realized that inc o'l,s
sn,.a,tical and successful way 70 20 ~
would be to nnwatcr II by long atal''
tunnels run at great dep,n. ~,
Under the agreement betNsst ~. -
ontario. Daily ana DaiS WIS., IVES. ~ 'a,,i9
/, o,npunies we cur use the great uia, y.
tunncls Of these companies, ana " Is
nartirularly agreed that they VIII run run
ibcir l,2OO-foot drain tunnel to me ill,u
or the Thompson property without cos.
10 The proposed new company ~,
,rhc West Quincy Mining COMPANY
h,s expended about slSo,Ooo in erecting
5buildinEs sinking shafts runn.,s
levels. and In the purshasse, 81 pum nj IL
ii,pisting and other macnlnery, ~. W
whicl, is to be conveyed to the new
company. The West Quincy som pa ).
viii convey also e the iooo new eo ,lhirS
5yii, he combined with 46 a7e-1ooo acres
n M bv Tie THOMPSON Mining conf
pany. n.;,l no
CAN'T, ,izcdi for / 100000 shares of stock;
non-ussessable. Of the par value 31i -, y,
each. or this stock there VII WI, ra ~
issued: \, thc'
THOMPSON Mining COMPANY aaS,'oV
To the stockholders Of the west ssl,s5 s9o
Quincy Mining company .,s...2sa's9'o
,,r,,>ithe ontario, DAILY and DAILY 49,
west Mining companies ;,2oo' wv
AZ X al ,i i.D,1lU