The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1912-11-23
New Faces Now Seen
In Prince Con. O1iCia|dOI1l
Knox Syndicate IN Complete Conhd Of Biz Piocte
bonalza-A. Il. and T. K. Cod& Resgn-JOhn A..
Kirby Member Of New Board.

The last act to bring the Prince
Consolidated deal to successful
conclusion was enacted in Salt Lake
last Monday when re-or sanizatlon
of the boa d OF directors was aft scted.
The following is taken from the Salt
Lake Tribune of Tuesday:
BY the action taken on Monday
afternoon by the board of directors OF
the Prince Consolidated company,
the new interests recently acquiring
tho control we.'e elected to fill the
vacancies ol.disioned by the resigna-
tion Of several directors and Presi-
dent james Hackett Charles E
Knox was selected to fill the vacancy
'S1ts c.latei,, and is n5U the presi-
dsiat Of the company. Mr.. Knox is
one CT the best known mining men
and capitalists of the western coun-
try, being closely identified with the
banking life of Nevada, and serving
as president and director of severS1
"a Inc Wch hhoWH ihlulhS CohipoHieS
Of thht state.
THE designations of Directors
Earnest L. Godbe, Anthony H. Godbe,
Hen.y Sadier and J. p. Megath were
submitted at the meeting Of the
board on Monday, aud the following
were q e, ted directors in thei.' stead:
Charles E. Knox, William Fl. Web
Der, John A. kirly and A. Y. Smith.
Nj, Weber was one Of the original
owners of the Nevada Hills proper
ty CT Nevada, serving for four o.
ave years as general manages and
member OF the executive committee.
John A. Kirby is far too well
- wn in Utah and Nevada as one
CT the most succe ssful Of the many
ltahns who have made good In &
substantial gay during the past few
years in the Sagebrush state to re
quire any further introduction to the
west. A. Y. Smith Is the general
manag : cf the Prince company
since the Knox interests assumed con
troll two months ago, and it has been
under his direction that the property
has been dem nstyated to be- exactly
as represent by the former owners
o. control
This official assumption Of the
control CT the Prilco destinies estab
fishes the consummation of dea
that has been pending f,r many
months, and it Is the universal opin
5la 1. stachaalders that the Prince Is
to he conducted along lines Of grsa
U.oduction. for being low-gradt
proposition It necessarily demands
large production and multiplicity o
small profits.
.2lessrs. smith and Weber state'
t. the Tribune after the meeting OF
Monday that the mine has beer
shown beylut all question to hold re
sourcul efficient to meet these con
ditions, and tha. it was a huge man
N.,ti- Ing concern which the new
owners would handle to bring abou
carly ana generous profits.
"Th prope ty at the present tim
is shippGts an average OF 400 ton
o. ere daily, and the est of produc
tten is being brought down steadil
IN such il fashion that it should no
H. long until the figures early estl
mated IN this regard are attained
which win mark tn Prince Coasol
dated as ona of the lowest cost pre-
duccrs Of the west"
snrrey c Godbe viii continue
secreta Y ard treasurer OF the con
many, It is understood, also, tina
ar offices OF the compan
vii ne maintained at the mine
wa i means that al business ct to
covnar tiep vii. be conducted righ
here ON the ground. The b-iugin
oe the company's headquarters her
win do away with the maintanenc
of the Salt Lake offices and tn
!, rica1 force to be employed tner
vii, add moe permanent resident
4, the camp.
1t is understood that the primo
comnany will shortly begin the col
struction OF a large bunk house 1c
the accommodation OF employees
where they will have all modern CO..
ra,iences which tend TO make u
quarters CHEEKY and comfortable