The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-08-31

of the interests of w. A. Clark, Jr.,
in the Elm Orlu Mining Co., the Elm
Orlu Mine and the Timber Butte Mill
ing Co.
"All of the heirs joined in making
the sale and the entire title to the
properties and interests passed. The
Metals Bank and Trust Company of
Butte is taking over and will conduct
the banking business of w. A. Clark
and Brother.
"In view of the Importance of the
transaction it is deemed proper to say
that in assuming the management of
the properties mentioned by the Ana
conda company that the company be-
ieves that by merging the. respective
operations with its own operations the
interests acquired can be made not
only profitable to it but also to con-
tribute a more lasting and greater
importance to the industrial property
of the state than under any other pos
sible arrangement.
"Among the properties conveyed
are a large number of undevelOped
mining claims favorably situated In
the Butte district upon which active
work will be undertaken in the expec-
tation that by so doing, mines adding
to the payroll and permanence of
Butte's mining industry may be devel-
oped.
w. A. Clarks Statement
The following account of the sale
of the Clark properties is given in
the Butte Miner of August %:
GAIL Montana properties owned by
the heirs of the late Senator w. A.
Clark have been sold to the Anaconda
Copper Mining Company. The deal
was consumated yesterday afternoon
after repeated conferences of the
parties concerned, who were repre-
scented by Attorney George Adams
Ellis and Edward L. Blackman of
New York and John P. Gray of Occur
d'Alene, for the eastern heirs; l.. 0.
Evans OF Butte for the Anaconda Cop
per Mining Co., and John l.. Temple
mand aid Harry Gerard for w. A
Clark, Jr. Mr.. Clark retains the New
Northwest of Missoula, a recently es-
tablished daily newspaper, which has
always been his personal property
He also retains the Clark home or
West Granite street, old time dwell
ing of the late senator, where he anC
his son will continue to make theil
residence.
"The Paul Clark home or its future
is not affected by the sale as it is al
Independently organized company OPP
Grating under endowment by the viii
of the late Senator Clark.
"W. A. Clark, Jr., owns a fifth In
terest which will be paid for in casl
after which the new owners are ex
pected to take charge. It is expect
ed that this payment will be made to
day. All instruments of transfer art
duly signed and attested by the par
ties concerned and legal document
In connection Herewith will be filet
shortly with the county clerk and re
corder of Silver Bow county. The in
merged with his fathers and are il
cluded in the sale. He has some il
dividual mining interests in variol
parts of the state and is at preser
operating the Boss Tweed mine {
Pony.
"Coincident with the sale is the al
nouncement of the launching by M
Clark of a new daily newspaper
Butte. Of particular interest is
statement from w. A. Clark Jr.,
which he give details and reasons fC
his participation in the sale.
1.-The announcement comes as tt
elimination Of r. series of rumor
some of which were premat 1rely gi,
en- publicity while negotiations We
pending. In all of these TIE publ
was deeply interested and exhibitt
grave concern. Not until yesterds
afternoon, however, were the detail
actually agreed upon and no. UNI
that time had TIE sale become fact
The personal statement of w.
Clark, Jr., referred to in the abo
Butte Miner article, which gives