Show 1 UTAH INDEPENDENT DEAL 1 lone Ion ceil 11 An 11 III hi ICiK Bodle he Ire S Set Elmr B Jones 1011 and slid T Odell Odeli representing the th Wait Utah U Inde Ind Independent Independent pendent Telephone company are In Rochester New York Tork today In ID regard to the th transfer of ot the stocks and nd bonds bond of that from the owners onera to 10 the local syndicate which some time limO tI ago secured an option oil on them Under the h term terms of the deal n r second payment was we w to tu bo be insets tn to today toda today day da the first Brat payment of hiving having been blen be tn made mad at al t time the contract for forth forthe forthe th the sale Ie was waa nude mud The Tb financial part par of the transaction Is 1 being handled handle through Walker Bros bank of this thin I city and Mr I 1 H ii F rn w irth the tatI today that the money tot for the tM second payment wa W ready rell In Inc came c an n were w granted on th the final lift bee 19 was originally the date dale nama In the tit contract for tor winding up UI thu thO th deal but in view or orthe Orthe the Ute close clow 10 mont mono market which had bad de delayed d delayed soft soni subscriptions Merll June Julie and Odell were r empowered reed ered d to I ask for an extension The date the Ih lord 10 syndicate suggested u ted was wa April It 0 or sir sli month from today Me r Jones Jonn and Odell wired la last lut t night that they th thought the extension could be secured to March arell IB 15 1 and U tl this arrangement I Is II made Mr 1 Payne Farns Farnsworth worth orth said Id the th now on ot deposit alt with Walker Bros tru for the second pay payment pa pant ment nt would bt bs telegraphed io In Roches Rochester tee ter before the close of banking hours hour today |