| Show SALT LAKERS FORM FORMA A GOAL COMPANY COMPAN Prominent Residents Promise Some Relief From Regular Winter Shortages MINES ARE NEAR SCOFIELD Assure Corpora iOu Modest Modes V Production Will iIi be Handled I CH II During Hush Private Is preparing to 10 tako take a hand buind In itt coping with tho real regu regular lar winter coal shortage sh The Tue Peoples Coal Coat Coke company has been hen organ organized to take taku ov over r tire the property pro pert and mines fillies formerly owned by b the Rait Lako Fuel company rho Tho mines are In tile the Ih center of most I extensively developed coal belt being midway between Colton Collon and Ind within 50 feet foet fo t of ot o the lUn Grand Grando trucks tracks The Tho include auch uch v welt ell known men as 19 t S H Ii Love LoIC Isaac Barton GeQrge Y Wallace W iV U 13 Frank D KImball Con CoIl Congressman gressman ressman Joseph JOH ph Howell Hoell r T Cannon and Irot r of Joseph P I 1 Merrill Mr Ir Love Is president Isaac Vice Icu president and I It H any lary lar and treasurer The company U lit I capitalized for shares II at the 1111 par value of tl 1 t each euch Of Ot this tills Shares hores have havo been bIJ n set sot aside as tock stock A VI limited amount of DC this thus may muy maybo maybe bo he placed In the th market to raise funds for tOI development ns liS the tho property Is to 10 tobo tobe bo be worked on oit nn an extensive scale Ad Additional holdings will viul be taken takemi in III by hy bytho the tho company The Tho lay itty of or the tho mines will permit ex cx extraction I traction at nt low tow cost Tho Thu roof forma fornia formation tion Is favorable in that no ito timbering will urill be necessary Experts who hau 1100 examined the properties believe bello VI coal can call bo b taken out from various depths The rho U P vein lots has been traced from front I to tho the ground Tunnel con eon connections connections in the tho old mine Include feet teet of work This work Is to tp be bo car carried tied red on A Rood good feature ot of the tho scheme chemo Is that tho ho company has been able ablo to 10 trace the title of their holdings back to the tho government thus learning that tho the required statutory price was 1111 pall paid for tor them The Tho railroad has haa assured tho tile company compon that a modest production during tho the fall fht and winter rush will willbo willbo bo ho handled In good Rood shape and this thin promises much needed relief from tho the winter Tho The coal oai Itself f Is hi Isa a 1 happy medium between the hc noel nock Springs and Castle Gate varieties he hc heIng heIns Ins Ing ng a 1 little longer burner thair tho the former form r and cleaner than the thc later |
