Deseret Evening News | 1903-05-04 | Page 3 | To Buy Choctaw Coal Lands

I I I To Buy nuy Cod Coal Lands Kansas Kanus City II May 4 A special to the Journal from South I T says I hug III financiers financier of or tho the east headed head by i It 1 p C of and John W S Gates of o Chicago are forming a I pool ul to toI get Iet possession of or nil all ni the coal cal lands hands In Inthe InI inthe the Choctaw Cloeta There Ther are ae acres acre In the Choctaw nation which will willbe willbe nAton 1 be sold old at n t public auction and arid the pro weds es divided among among the time Choctaws Jn In n accordance with wih the act nt of or Congress n nTh The Th agreed upon liy by th the Prick Fick Gates Gate syndicate is II IK per acre It Ii Is I not nol the Intention of or the time syndicate to disturb the present mining companies either large or smith small or their coal coat leases eates leat All Al that the eastern easter financiers financier want Is II the the th undeveloped coat cal lands They will let the companies now no mining coal coo by the lucid Imd covered erel by Ly their teaSes eases but no more If IC J some of or the In Independent independent dependent ent mining concerns are ar not able to 10 buy the he hc land which they the now have hae hael eased l the syndicate will wi buy bu It Il for fr hem end allow alow them theta to operate o it on a I royalty of eight Ight cents a D ton as they the are now no paying the time Indians Some Seine Hore of ot tho the thomen thomen themen men In the tho syndicate will wil purchase the theland theland land for tor development while others will wll wil hold It for tor speculative purposes Is I to got get et the tho land along along the Fort Smith th Western railroad which li h he owns GAtes Hates wants a tract of or land In the east cost rep part pare of tho time Choctaw country which carries a I quality coal especially suited for tor coking purposes George Gould Is 18 Isto isto to get a large tract In the time vicinity of or South