Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-01
MINING, BUSINESS AND STOCKS.
BOSTON CON. IS
TAKEN OVER TODAY
Offices In Ncwhousc Building Are TAX
en- Possession of by the Utah Copper
-JaclSling Goes 10 Portland.

There was no formality over the
death of the Boston Consolidated Cop
| per-Gold Mining company today when
the possessions of the Utah Copper
company. Today being the first of the
month. everything at the mine. mill and
local Offices went over
At the mine, mill, and local offices.
men under Purchasing Agent Jennings
were busy taking an inventory of the
Boston Con. possessions. The Offices Of
the Utah Copper company, which VIII
remain in the Mccormick block for tho
present, are being changed around to
meet the requirements of the increase
in the office force.
Col. D. C. Jackling. general manager
of the Utah Copper company. returned
last night. but left within n few hours
for Portland in his private car to at
tend the wedding Of Charles w. Whit
ley. general manager Of the American
Smelling & Refining company. MT.
Whitley was accompanied by Mr.. jack
ling. Tho latter will then go to Ari-
zona to look after the interests he has
charge of there. While here last night,
he announced that tho men now en-
pIoycd by the Utah Copper company
will remain. Some changes Will be
made In the office forces of the Bos-
ton Consolidated and all the work VIII
be handed over to the Utah Copper Of
fees Mr.. Jackling's men Will have
charge of the operations at the mine.
the mill and the office.
The following are the changes that
have been made in the board of direct
ors OF the Utah Copper.
HAWKINS RESIGNED.
j. d Hawkins resigned from the di-
rectorato and the following seven were
added. Daniel Guggenheim, Murray
Guggenheim. F. A. Schirmer of Schir-
mer Chaplin & Emmons, Ernest Thai
mann of Iadcnburg. Thalmann & CO
Eugene Meyer Jr., and T. NJ Lamont.
vice president of the First National
bank of New York. These new directors
with the following. now constitute the
full board; D. c. Jackling. c. NJ. Mac
NeiIl, Spencer Penrose, Charles Hayden.
William B. Thompson, S. w. Eccles, j.
H. Hammond and K. K. McLaren.
The following committees of the new
board, according to the New Bureau.
Boston, were elected:
Finance committee. c. NJ. MacNeill.
ex-officio. Murray Guggenheim. Chas
Hayden, Spencer PenroSe, Thomas w.
Lamont and ]. H. Hammond; eXecu-
tive committee. Messrs. MacNeill, ex-
ofricio. D. G. Jackling. Murray Guggen-
helm. S. r. Guggenheim. w. b. Thomp-
son and Eugene Meyer. Jr.
No other changes were made in the
officials OF the company. 1t was further
voted to offer to shareholders OF record
at the close of business Jan. 81 the
right to subscribe to one share of new
Utah stock at $50 a share for each 10
shares of present issue. This ISSUE
So 3,675,o 900 new stock, has been under
written by Hayden. Stone & Co for
commission OF per cent.
Terms OF payment for the new stock
arc $50 per share at time OF subscrlp-
tion on or before March 5. SIS per share
on or before April l, and SIS per share
on or before May l. Right to antici-
pate any and all payments is per-
mitted Stock full-pald and outstand-
ing at time of closing books for April
dividend will carry tho same.
NOTIFIES ELY COMPANY.
Notice has been sent to secretary OF
Nevada Consolidated Copper company,
advising the company of the increase
In capital stock of Utah Copper COM
pany and that in accordance with nm
agreement made with certain NeVada
shareholders a portion OF said capital
stock Is available for purposes Of Of
fering to all shareholders of Nevada
Consolidated the right to receive one
share of Utah Copper for each two
and a Quarter shares of Nevada Con-
solidated held by them. at any tlmo
on or before March 5, and at the time
OF any such exchange on or before
March 5. to receive right to subscribe
for one share of increased stock OF
Utah copper company at $50 for each 10
shares Utah stock thus received In eX-
change for Nevada shares.