Show MAMMOTH DEAL DEALIN IN PARK CITY Silver King Closes Bargain for All James McGregor Proper Properties Properties ties Avoiding Litigation INVOLVE RICH POSSESSIONS KEITH AN AND GO EAST ON MYSTERIOUS ERRAND After Arter da days s of long confere and dis discussion of details a basis of o settlement of the pending litigation between the Mag Louis company compan and the Silver Ring King or of Park City has been reached By Bv the the terms of an agreement that was Wa signed up yesterday the Silver King com cam pan pany will take over not on only I the Mag Louis but aU all of the other prop In the camp controlled by Tames James McGreggor embracing all told nearl nearly fifty patented claims action wm will bring a fortune to tIr Mr and leave the Silver King corn com pun pany and its allied Interests in possession of a slice In the richest section of the distrIct approximately one mile mUe wide and four miles long longRich longRich Rich Possessions Involved It gives S the thc combination absolute pos session of territory that l as produced more than and which has bas paid in dividends Ore has hus not been mined from more than of this vast ast and while it wIll wUl be several weeks before it is known just how these theBe properties are to be handled u in the future General Manager Thomas Kearns of the Silver ICing ing company declares that n ft career of magnificent earnings and will follow whatever plan of campaign Is Inaugurated The Louis company amid McGregor hud had charged the Silver King ICing with trespass and had sued for damages With the final closing of tile the deal this suit will be withdrawn and Mr lIr McGregor after a career In the camp of I thirty years ears wm will retire He declares that he Is sa satisfied with the outcome of the Silver King officials make the same statement Park City will sa say Terms Not Made Public Neither the management or of the Silver Kin ICing nor McGregor would disclose the tiie terms under which the negotiations were were brought to a elos th though ugh the Silver iCing ing side did say that a part cash and andrt hal rt t stock settlement was provided with qualifying clauses that made it optional with either side to male make It cash The Th properties to he be turned over b by Mr Ir Me Mc 5 Gregor include the Pinyon Ridge and the Louis group as wen well as some fraction and odd claims The SlIver Silver King ICing crowds possessions In Including eluding these groups the p and the group at atthe tIme the head hlad of canyon gives it a stretch of ground that Is un unbroken unbroken broken froth froni the town of Park City to to Big Cottonwood fully four mills miles In an an all air airline line Une Keith and Kearns Go East From now hOW until It is what the plans of the big comb are arc will bl be vile riff President David Davi Keith of the Sliver King company compan pUlled out for New ew Y by Mrs General l Reams 1 r ns l v mand an eft ct these make it it apo al r that the trip i o of est s1 and recreation It is h quito quit c that they will b be busy men 33 aay a great merger is beIng mapped out or what whatever sch me maS be there is a suspicion that It will not b blong be belong long till the names ot q some of the big gust operators in the rho United States not now identified l d v minin In the Park be c to have become Interested Park Pack Is Going to Boom The rhe properties now in iii control of th the King ICing magnates has ha sufficient devel development development at different poInts along the great zone to make future development a comparatively corn com easy and rapid proposition and ad details concerning these matters are promised for the not distant future A boom is due for Park City and tile bringing together of these thes interests and the game being I played on the opposite side of the camp by T J E Bamberger and the Dal West Is going to hurry It along |