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Show Up and Down the Street Unpatented Mine Claims Perplex Oil Companies reserve system reported Thursday. Demand deposits were f 177.000.. 000 aa against Sig4.000.000 Isst year and time deposits $93,000,000 versus $92,000,000,000. HdscIs Rail Division Lw B. Coleman, assistant division superintendent here of tha Denver Rio Grande Railroad Co, Thursday Thurs-day was named division superintendent superin-tendent at Alarnoaa, Colo. By Rosert W. Beralrk Talk to a "land man" for major oil company and hs will teil you one of his most perplexing problems In Utah Is that of unpatented un-patented mining claims. , Seems there are literally hundreds hun-dreds of thee claims in the state, on which no aasessment work hss hesn dons for years, but which oorurtltua a serious problem tn as-sambllnf as-sambllnf acreage for drilling for Present praetic Is for the company com-pany to "file" an oil and gas lease application covering the unpatented unpat-ented land then to find out, If possible, who (or whose heirs) bas tbs initial claim. If the assessment work has not been performed on the claim in the past In accordance with law, It has been policy of the federal district dis-trict land office to declar the land open for leasing. If the h.lre are located, the eompantea frequently aegotiat a deal on basis of the land becoming natented, or cleared, either one. There is, of course, the ever- E-esent danger of uncleared title stagnating development a danger dan-ger which Inhibits quite naturally the desire of a company to spend $400,000 to $500,000 In drilling for oU, only to find out that the land doewa t belong to It Only record of the unpatented Claims la In tha courthouse of the county In which the claim (on fsd-- fsd-- aral land) la located. . - It has been suggested that heirs to unpatented mining claims be givea three years either to patent IheiB, complete necessary aasessment aasess-ment work, or have the claim declared de-clared Bull and void. tank Leans Up . Total loans of Salt Lake banks ; amounted to $M.000.000 on Oct. 11, compared with $84,000,000 on a similar date last year, the federal |