Show Myton Applies for New Water System Under Interest est Default My Myton tOll may get a new WP A s w i at- at ater ater er at er system but not until it clears Its financial skirts of oblIgations arisIng in the construction of a previous system on which It is In default said newspaper reports from the state capital Saturday That was made clear Friday fol- fol followIng following fol following lowing a meeting in Salt Lake City of members of the town board and B L L Dard town attorney with representatives of the state land board and the state industrial com corn commission commission mission Indications were that the only way in which the town can com corn compromise I promise defaulted interest on the bonds of 18 with which the I I original water system was con con- constructed constructed constructed is through court action said the report Neither the land board nor the Industrial commis commis- commission sion slon Is authorized to make any compromise Of the outstanding bonds 10 10 worth are owned by the Indus Indus- Industrial industrial Industrial trial commission and 8 by the theland theland theland land board A total of approximately approximately approximately ely Is 15 due and first of the bond payments came due this year Need of a new system costing 25 and financed through PW A was pointed out by town representatives Thur Thursday day in a meeting The old system constructed of stave pipe has rotted Fur Fur- Furthermore Furthermore Fur Furthermore they stated fertile land surrounding the town to has been ap- ap applied applied ap applied plied for and by supplying water to these Interests the new s system stem can be paid of off f Meanwhile the town officials will write letters setting forth the facts In the case to the land board industrial commission and thel the attorney general |