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Show KENNECOTT SELLS HOUSING UNITS IN FOURSTATES In order to make its housing units available for purchase by employees on reasonable terms, Kenneeott Copper Corporation has sold its community townsites in four states to an independent realtor, C. D. Michaelson, general gen-eral manager, - Western Mining Divisions announced today. By selling its housing units and utilities, estimated to involve $5,000,000 worth of property in Utah, Nevada, Arizona and New Mexico, Kenneeott will discontinue discon-tinue its role of landlord and will encourage home ownership among its employees, Mr. Mkh-aelson Mkh-aelson said. New owner of the townsites is John W. Galbreath & Company of Columbus, Ohio, which has handled numerous such housing projects in various parts of the country. At Utah Copper Division," the transaction, estimated to involve approximately $1,000,000 will al'lect residences, land and community com-munity facilities at Copperton, Garfield and those adjacent to the Magna and Arthur Mills, according ac-cording to L. F. Pett, general manager. The Galbreath Company housing hous-ing transactions have included Dragerton and Columbia, Utah, for U. S. Steel; the community of Henderson, Nev., which Galbreath Gal-breath purchased; 14 towns in the area of Uniontown, Pa., for Carnegie-Illinois Corporation; 8 company towns near Burming-ham, Burming-ham, Ala., for the Tennessee Coal, Iron and Railroad Co.; and Wilmerding, Pa., for Westing-house Westing-house Air Brake Co. As a result, the Galbreath Co. has gained excellent recognition throughout the United States for successfully completing projects of this type, Mr. Michaelson said. In Utah, residences at Copper-ton, Copper-ton, at the entrance to Bingham Canyon, will be sold outright by Galbreath to employees. Houses near the Arthur and Magna Mills and the Garfield townsite home9 'will be- offered toy -the concern for sale to employees for off-site removal. The sale and removal of the , 394 Garfield houses will mean complete abandonment of the town formerly owned by Garfield Gar-field Improvement Company, a subsidiary of Kenneeott Copper Corp. and American Smelting and Refining Company. "Kpvpral mnntha uilT il. naA4 ed by the Galbreath Company to work out details of the program", pro-gram", said Mr. Pett, "and it is not expected that the sale of houses will start until sometime after the first of the year." The Kenneeott official indicated six months probably will be required requir-ed by Galbreath to complete the entire program. , Before house sales get under way, the Galbreath Company "' will assign representatives at Copperton and the Magna-Gar-field areas to consult with prospective pros-pective buyers. s The Galbreath concern will take over and operate water and sewage services. At Copperton, arrangements will be made subsequently sub-sequently for continuation of these services by a proper agency. agen-cy. Property leased to churches at Copperton will be deeded by Kenneoott to thnsi institutions. According to Mr. Pett, the Copperton homes will be sold by .Galbreath at a reasonable price with reasonable down payment and modest monthly payments. Houses adjacent to the Magna and Arthur Mills and in the Garfield Gar-field townsite, which will be sold for off -site removal, also will be priced at a reasonable figure. Mr. Pett said as soon as details were worked out employees will j be fully advised by the Galbreath Company. Involved in the transaction are 217 houses at Copperton, 90 a-round a-round the Arthur and Magna Mills and 394 in Garfield. In the Nevada Mines Division, townsites involved in an estimated esti-mated $2,000,000 sale there include in-clude McGill, Ruth and New Ruth. Arizona townsites, estimated estima-ted at $600,000, include Ray and Hayden; and in New Mexico,, the townsites of Hurley and Santa Rita are affected in a sale estimated esti-mated at $1,500,000. i |