Salt Lake Telegram | 1909-01-16 | Page 8 | Crown Point Will Not Resume Work

CROWN CRON POINT PONT WILL WIL WILI I NOT RESUME WORK NORK I I I Crown Point will not resume resume- operations operations opera opera- lons us as 3 has been reported A statement was glen gien Ien out at t tho the I Knight I ht oft offices c In Provo this morn morning In to the effect that they did not net contemplate b beginning work again until unU next spring They claim that weather conditions are not favorable to resuming development work at this time that tho trouble In the past with wih power does docs not noli make moke mae It agreeable to begin at this time This will m b be dl disappointing news to tho those who have o ha pinned their faith on Crown CrownPoint Point which has baa been Idle Idl for or months past pat Th The Knights a at one ono time controlled the proposition ItOI but tho they sold almost all al of ot th their lr holdings s. s as Al Unc uncle I Jesso Jesse explained ex cx- ex- ex t that h t ho he found a b hotter better place to use Uc his mont money II lIe Ill claimed d that he had other interests Interest that required the use IGe of ot otI I hI his mone money and Ind that tha ho he hI Ved i the tho mone money est In Invested d in Crown Point would not b bo be aa M profitably employed In iii that ground as IS It would In oth other r pro properties pArtes Some have hae reported that tho the Knights nl ht were getting their Interests back at the prevailing low pi prices Ices This la is also alQ de denied rc- rc ne- ne nied for It i IB Is know Known that the thc Knights would not let It he be known knon If they proposed proposed pro pro- posed to go Into the market ot An and take the tho controlling go Interests again The The- manner In which the thc stock has lins hn been handled of or late and the amount of ot boosting that h has been done rone shows plainly that it I is a 3 and manipulations pure simple