Salt Lake Tribune | 1912-07-28 | Page 24 | Jesse Knight Coal Company Formed

JESSE KNIGHT GOAL COMM FORMED Large Acreage Near Helper Is to Be Equipped and Opened Immediately. The organization of the. Spring Canyon Coal company by the Knight interests of Provo signifies the determination of Jesse Knight to begin realizing upon his coal lands without delay, and it demonstrates that ' Uncle Jesse" ha U(fin ,n' fining his operations during the PSSt few vcirs exclusively to metal mining lh company is the owner of MO acres oi hlh-grade coal territory r.enr ?I"lper. DtVbVthla being the location of BMJiynew roal mining enterprises on a olg scaie during the paat few months. in order to reach his coal lands Mr. Knight wilt construct a railroad line from the Denver & Rio Orande tracks Deal Helper for five miles to the properties This road has been surveyed and contracts con-tracts for its construction have been let, and It 1h intended to have tho mine ID u producing condition by fall. NO expense ex-pense will be spared to bring the mine to a high state of equipment efficiency the most modern machinery on the market having been arranged for The Spring Canyon company is capitalized capi-talized for 8100.000, the shares having a par value of 10 cents each. fJsse Kn eht Is president, J. William hrnght vice president und A. M Knight secretary secre-tary and treasuror. These, with K Jjj Allen and G. A. Stores, Will compose tht bo?jd of directors.