The copper era and Morenci leader., 1913-02-28
IN THE M l N ES.
FISK, SMELL, WOOD BUY |. ,. COM
 MERC|AL CO.
Governor Hunt and Associates to Turn Over Stock to New Proprietors this Morning When $225,0 ,000
 in Cash Will be Paid.

GLOBE, Feb. 25.-W. D. Fisk, E. V. Shell and John s. Cook yesterday closed a deal whereby they will pur- chase the controlling interest in the Old Dominion Commercial company this morning for a sum said to be $225, ,O0O
 Cash will be paid for the stock held by Governor George w. P. Hunt, N :, S. Berray of Long Beach, Calif, and M. c. Kenton, of Santa Ana, Calif., and option have been taken on the stock of George Kingdom and J. Suter of Globe. A. T. Hammons, cashier company and Cyril Byrne, member of the state land commission, will re- tain their holdings in the concern.
 An election will be held in Globe next Thursday when new officers will be named for the company. At the present time Governor Hunt is presi- dent and general manager, MT. Ham, mons, cashier and assistant general manager, and MT. Suter vice-president and treasurer.
 In two ways the transfer of control in the Old Dominion company is a demonstration of the wonderful op- portunities and prosperity of Globe and the Globe district.
 First, the company was capitalized when it was organized in 1881, at ha ct S011 ten times that price.
 Second w. D. Fisk ten years ago was cashier of the Old Dominion company and left the position a poor man. Today he will come back to the company as one of it's principal tune won from the Globe district in a decade.
 Has Spectacular Rise.
 The rise of MT. Fisk has been spec tacular. He was elected to the posi- tion of county recorder and served in that office for four years. The duties of his position made him keen ob- server of the property values of Gila county and when he retired from of ficial life he immediately interested himself in real estate with great sue cess.
 Taking up mining MT. Fisk, who has been associated much of the time with MT. Shell and Heggard, as well as with A. w. Crawford, widely known capitalist living at Los Ange- les, made many successful ventures. Among these was the recent sale of the Magma Copper company for $20O,- OOO MT Fisk and his associates also hold leases on the Warrior Copper company, the old MacMorris property and various other properties.
 Has Banking Interests.
 In addition to mining holdings MT Fisk and his associates are interested in varous other property. MT. Fisk is vice-president and one of the larg- est stockholders in the First National Bank of Globe and is a stockholder in the Bank of Miami and the store at Superior.
 The Old Dominion Commercial com pany is one of the most widely known and financially successful business houses in this section of the country. An unofficial estimate of the volume of it's business done by the store, ex- elusive of the banking business, placed the amount at $4O,0O0 month
 MT Hammons, who has been direct ing the affairs of the company since the election of MT Hunt as governor, to make any statement regard ing the transfer of the control of the concern. He would not say whether he expected to remain in his present capacity with the company but it is expected that at the meeting Thurs day he vii. be reelected Arizona Record.
 IN THE SUPERIOR COURT.