Show r State Stag May Ask Additional Land Grant to Wipe Out Reservoir Deficit An n additional land grant of several several sev sev- eral hundred thousand acres may be asked c of ot tho time federal government EO to help wipe out the 11 overdraft overdraft over over- draft in tho time state reservoir fund The Thu proposition was discussed Wednesday morning at a meeting o of limo tho state Mate land land board but no definite deO- deO nite alte action was taken T J T. T W. W McCann chief clerk of the state stale land hand board boar way was a to prepare preparo a completo complete report of or the reservoir fund showing Just where whre and when an and under what conditions comB condi lions ions tho reservoir fund was de de- de- de This report will probably be used as ao a basis for tho request for moro more I government o lan land John F. F Mendenhall Menden- Menden hall sc son secretary of oC tho the state lan land board declares that there is amplo ample market in hi the stale of Utah for certain lands at aL a rate rale oC of x 60 an acre The decision to wipe out the thc deficit def det- in the reservoir fund came when It was pointed out to the state land board that It would be almost impossible to refinance the Central Utah Water Vater company loan until tho ho reservoir fund 13 is put in shape to do it The Tho reservoir fund Is overdrawn to tho the extent of or This overdraft is carried in tho the state school fund and tho the state school fund Cund is getting ollin paid interest on that amount An Any refinancing which would In arty any way affect the interest interest inter inter- est st pa payments ments to tho the state slate school fund would bring tho the land lanel l board lIn under c fire Ciro of oC those interested In Inthe Inthe inthe the school fun fund Any permanent loss in tho state slat school fund un must by a agreement with tho the federal gov gov- government be made mado up b by an nn appropriation appropriation appropriation from the general fund of or orthe the time state |