| Show salt lake version of bid big goal coal deal F from rom salt lake tribune fob feb 29 ten million dollars is involved in a coal mine and railroad deal that is being consummated by william G sharp president of the united states smelting smelling Sm elting refining and mining company the coal properties are in emery county and the railroad is is projected from provo to mohrland which ia is in the heart of the emery county fuel district that there is a it plan in progress V to consolidate additional coal land holdings ings in in the emery emer county coal zone for the same interests and to create a mighty system of coal mines under one head is shown in pending negotiations tiati ons for further extensive purchases while the utmost secrecy has been maintained by those having in charge these activities the facts have come to the surface bringing knowledge of the rapid progress in in the consummation of a transaction that will make of the coal region of emery county a second reading this secretiveness still lea leaves vesto to conjecture the powers behind the big deal being negotiated by mr sharp and there have bae been various speculations in this respect foie fole most among the interests named as the pos possible purchasers of the vast properties involved in the deal are the united states smelting smelling Sm elting refining mining alining company and the big davis da vis coal combination comb nation of vr virginia inia since the first of the present month mr sharp has been at work ork I 1 on the transaction one by one he be i has secured coal mines and coal acreage holdings in emery county until be b his is obtained control of an immense area and he is still at work living having in view further acquisitions of great grett tracts of coal coll lands to ili include clude in the proposed amal amalgamation meation vi visits sits to these fields have also been made by joseph R sharp a brother of william G sharp the country has his been inspected by charles J jennin jennings vice president of the united states stites smelting smelling Sm elting refining mining company examination of the lands has as been m made ade by thomas davis who is at the be head ad of the great davis coal interests in west virginia mr davis is is a grandson of henry gassaway davis and a nephew of the late senator stephen B elkins these various activities have given rise to conflicting rumors as to the identity of the men or the companies behind the big deal in view of the extreme reticence cence of mr sharp the prospect is that the backers of the big project will remain unknown until all desired properties have been acquired stock in the castle valley coal company to the amount of ha aas been taken over by mr sharp the entire issue of black hawk coal mine stock at a price said t to 0 b be has been transferred to hi him in an option on consolidated fuel ul stock in the sum of is is in in the transfer and in addition to these purchases he is aiming response res ability for outstanding bonds as follows castle valley coal company 1200 consolidated fuel corn com pany besides the estimated cost of the utah coal railroad from provo to 31 mohrland is placed at av llmer elmer addley ey and his brother inlaw in m law mr warren were in the city tuesday and wednesday of this week eok W |
