| Show BIG COAL DEAL IN SEVIER castle dale progress A coal land deal in which a large number of Cast ledale and emery people are concerned has practically been consummated by attorney A D dickson of this city w with ith a salt lake city man whose name is withheld for obvious reasons the price is agreed upon the papers are made out and mr dickson isnow is now engaged in getting the signatures of the 34 interested parties to the instrument of transfer the land involved is situated in convulsion canyon sevier county just west of the emery county line and is accessible to the railroad line now being surveyed through salina canyon the land embraces acres for which the locators are to ree receive per acre payable in ten monthly installments first payment falls due january 4 and last payment october 4 in the event of failure to meet any months payment promptly the property reverts to the origin original owners the quit claim deed will be placed in escrow in walker bros bank in salt lake within the next ten days anion among the local men interested besides mr dickson are ron hon orange seely nad olsen ira browning george and tom brandon C E larsen V L and S V acord vie vic and seymour olsen pete mickel and others the same salt lake lahe agent last week closed a deal with emery parties for about the same amount of land adjoining the above property for a somewhat lower price per acre it is a matter of speculation concerning the principals financing these big coal land deals but it is not likely their identity will be revealed for some time yet mr dickson does not think the rio grande railroad folks are behind the deal and if this surmise is correct it means not only an extension of the rio bio grands system into this valley but the advent of some other railroad as well the recent sale of the degraaf patented coal lands in huntington canyon and the spasmodic activity lately in evidence in cottonwood canyon gives scent to the in the railroad woodpile A deal is said to be pending for a large acreage of coal land in ferron canyon with an oil boom just looming up the opening up of a coal camp or two and the certainty of one more and the possibility of still another railroad into this section emery county hails bails the coming year with a broad smile |
