Salt Lake Tribune | 1909-03-30 | Page 14 | Trust Deed is Filed by Mining Company

TRUST DEED IS FILED II MTH1NG COMPANY Conveyance Covers Property of North Utah Concern at Bingham Canyon. By a deed of trust filed with tho county recorder Monday, the North Utah Mining company of Bingham, a Maine incorporation, conveys to the Rt. Honorable William Hood Lord Walcran of London. England, and the Hon. Cyril A. Liddell of Ravensworth Castle, Lakes Head, Northumberland, England, all its mining properties, including seventeen sev-enteen lode inining claims in tho West Mountain mining district, this county. Tho convcyanco is to securo a bond issue of $4SG,000, bearing G per cent interest, in-terest, payable semi-annually, and is to run for twenty years. Tho "deed covers all the property now owned by tho North Utah Mining company, to he conveyed con-veyed to it 1)3' the Utah Extension Copper Cop-per Mining and tho Utah Development coinpanics( including tho following lodo mining claims near Bingham: The Jacobs, Lcona, B. F. Butler Nos. 1 and 2, Liberal. Prido of America, Bullock Fraction. Fourth of March, January, Jan-uary, Florence, Margo. Vespasian, Maggie. Mag-gie. Molly, Peggy and Stanlo-. Tho bonds to be based upon the con veyaneo arc to be issued at 9S per cent of their par valuo and may be redeemed by tho company at IJ0 per cent par. Tho filing of the deed is merely ono of the final steps in the merger of tho throo Butler mining companies.