Show UTAH CONS APEX CASES the boston new bureau makes the following comment on the settlement of the apex troubles of two big corporations at bingham utah agreements and mutual releases having been signed by both utah metal tunnel company and utah consolidated soli dated mining company the question of apex rights so much discussed by these companies in the last six months is finally settled no monetary consideration is involved in the settlement the basis of adjustment being territorial claims given and taken by both parties the taro two lime bed formations east of the occidental fault known as the highland boy and yampa pass to the utah con and in exchange for these apex rights utah metal tunnel gets unlimited and perpetual right to pursue any lime bed formations or ore fissures which it finds in the westerly part of its territory down into the utah consolidated ground regardless of how the apex lies in any of its claims thus saving the company the necessity and expenses of whether it has in strict accordance with the law extra lateral rights on these veins or not in addition utah metal tunnel also acquires full rights to mine in a strip of ground which marks the southerly workings of the utah consolidated and the southern boundary line of that property this strip of land is about abou t 2000 feet in length and an average of feet in width containing T approximately fourteen fourt E en acres it is in this ground that utah metal has already developed a considerable body of copper ore assays essays of which have shown the product to be of good shipping value the company has full right without paying anything to use utah Consolidate ds workings in carrying on its mining operations in the regions described |