Show TAYLOR OPTION EXPIRES A Deal Per For F r Iron Lands Fails Pails to Materialize Some time a ago airo o Thomas Taylor the well known citizen clUzen of Cedar City gave an option on In his iron mining interests in the tho th Pint district and consisting of oft t wont one claims in m all to an east eastern L ern em rn syndicate for the princely sum of k At the time the option was executed Air lr Taylor was paid 5 I and yesterday was the date ate set for the balance e ot ut the consideration but out when Mr Ta Taylor lor called ailed at local bank to Ce Cea ef e eif f if a f it had hall been placed to his credit he be was vas informed i that there was no funds for fir hm him him and the papers previously de do deposited posited d were wert ere released from escrow I Th man many frien l of Mr Taylor will regret that he was not successful in ii laum launching a deal dal for his properties t there and no doubt he keenly feels the disappointment that fell to his lot r Mr Taylor Ta lor has labored for several 5 years ears ean to get capital attracted to Iron county lount where deposits of iron ore ex exist exist 1st sufficient to supply the demands of or orthe the world orld for years to come His fronds ha hoped that he would at last lut I receive a just reward for his labors I Ihu but hu t ith it h the th prospects of early rail tl railroad railroad I road in Utah b by the Southern I Pacific and other oher companies it is not I leli td d that th the iron mines of the I state tate will undeveloped very verp long ong 1 |