Salt Lake Tribune | 1900-01-21 | Page 14 | The Dixie Option

THE DIXIE OPTIONc Those Who Forfeit it Regret their Lost Opportunity lhe members of the Hong syndicate by which the purchase of the Dixie group of mines near St George was recently re-cently attempted are about as mad as hornets They do not believe they have had n fair show in the race for the proposition They were assured said one of the crowd yesterday that on Thursday last n resolution was adopted by the owners In which the original syndicate crowds terms were agreed to With that a prominent banking man who was Interested In the first option packed his grip preparatory to leaving for New York on Friday mornIng I morn-Ing and there close the deal An hour I later he was assured that the resolution resolu-tion had been rescinded and the option at 5110000 awarded the syndicate headed head-ed by Jean Webb of Denver The banker bank-er thereupon abandoned his trip Not so with Mr Hoag The latter acted on the original resolution and is now speeding to New York while the Webb syndicate Is preparing to pay 55000 down 75000 when the receivers certificate cer-tificate on the application for patent Is awarded and the balance In time