Show Columbia Steel Corporation Buys Carbon Coal Land LandAs As a preliminary in making d effective effective Ice Ice- tive its program for the development development development develop develop- ment of the Iron industry In Utah th the Columbia Steel corporation laS Mas title to acres of oC coal coat coatland land In Carbon county by a cash settlement settlement settlement set set- on the purchase contract in inthe tho the amount of or approximately 7 10 Although the purchase contract still had fifteen years to run it w 13 announced that final payment was made January 24 and that title had passed to the Columbia corporation The property involved adjoins the Sunnyside coking deposits of the Utah Fuel company on the north and has been pronounced by experts to tobe tobe tobo be bo amog the finest deposits of oC coking coking cok cok- ing coal in the state The property is estimated to contain approximately approximate approximate- ly tons of coal Until the recent transaction tit title to the property rested in the Marana J Land Develop Development ent company pr- pr or organized organized in 1911 and and composed chiefly if it men residing in Michigan In In 1918 the Utah Coal Coke com corn company company pany was organized by W. W W W. Armstrong Armstrong Arm Armstrong Arm Arm- strong A. A C. C Ellis Jr JI Duncan MacVichie MacVichie Mac Mac- Vichie and associates to purchase tho the property from the Marana l company Development Under Way a The rho deal involved a cash payment and annual payments of until until until un un- til 1938 with the privilege of acquiring acquiring ac ac- ac- ac quiring title by payment in full of oC the balance on any annual payment date The new company also assumed assumed assum assum- ed responsibility for taxes When the Columbia Steel co corporation was organized it absorbed the assets of the Utah Coal Coke company The money received from the pale ale of Jf preferred preferred pre pre- stock and bonds of the Columbia Columbia Colum Colum- bia bla comp company company ny within re resent recent ent weeks provided sufficient funds funds to permit retirement of this obligation as well as for immediate development con con- But lt the development QC of the he d deposit deposit de de- posit of ot coking coal was not delayed until title to the property passed Several months ago contracts were l let t for tor this work It embraced the construction of ot a a. branch railroad about four and a half miles long connecting the property with the Sunnyside branch of the Rio Grande Western railroad construction of tipple yards a surface tram the mining mining mining min min- ing camp of Columbia and the driving driving driving ing of the necessary adits to open up the coal deposits The contracts already let aggregate aggregate aggregate gate about and it Is expected expected expected ex ex- that will be expended expended expended ex ex- to put the property in shape shave for tor production Uon on a commercial scale The grading Is reported to bemore bo be more than halt half finished and it is expected expected expected ex ex- that production on a commercial commercial commercial commer commer- cial scale will be possible Before U the e end of the year Practical l Test Made Although various vario tests had indicated Indicated indicated Indi indi- the exceptional coking qualities qualities qualities ties of the coal a 0 practical test was conducted by the Columbia Steel in interests interests interests in- in before belore the merger of the corporation corporation corporation cor cor- was formed A beehive oven was erected on the property about a year ago and upon the re result result re- re sult Bult of the tests rested the decision of the tho Columbia interests as to whether the development of the Ule iron Industry In Utah at this time should be undertaken The tests were ou- ou satisfactory and Immediately IY following their completion work worie on plans for for forthe the formation of ot the a Col Jol ll i t n- n I Dla bla Steel corporation were begun For some timo time the location of or the coke ovens and their character ero under discussion It was finally decided decided decided de de- de- de to install pr by-pr product by-product duct at some point between b Springville and Provo in the Immediate vicinity of f the blast furnaces to t no e erected plans have been approved ed and contracts will be awarded as soon as the desired sites are avail avail avail- able Utah county residents are exerting exerting exerting ex ex- ex- ex erting themselves to make dell delivery very of ot tho the sites fore before the middle of oC February and have been given assurance assur assur- anco ance that if ft tho the ground is available in time construction will be started by March 1 o 0 o |