OCR Text |
Show NEW COMPANY TAKES PRICE RiVER LANDS Negotiations have just been completed . j by which the Price River Irrigation ' company goes into entirely new hands, ; severing it from the Irrigated Lands . company, which had previously handled the proposition; the principal owners ; will now be the Austin brothers, Ira D. j Wines, Thomas R. Cutler, Albert Smith, j Utah County Live Stock company, Al j Rockhill, Richard Jones, Ashton & Jenkins Jen-kins and a number of other representa- ' tive men. At a stockholders meeting held on January 12, the following officers were elected: Thomas H. Austin, president; Ira D. Wines, vice president and George A. Smith, secretary and treasurer. These, together with Edward Jenkins, Thomas R. Cutler, Mark Austin and j Albert Smith from the board of direct- j ors. John Wheelon, hydraulic engineer of the Utah-Idaho Sugar company is j the consulting engineer, and will have j entire charge of the engineering work of both the Mammoth reservoir and the canal system, The new board of directors felt that land owners under the system without water, should have the opportunity to secure it at a low figure, and notwithstanding notwith-standing the water is worth considerably more, all land owners who will avail themselves of the opportunity to purchase pur-chase the water on a cash basis on or before March 1, 1911, will be given it at $30 per acre. After March 1, 1911, prices will be materially increased on what water is left and will also be put on other lands farther down the valley, on which an option has already been secured. Last year the Grand Junction sugar factory raised a number of acres of beets in this valley and shipped them to Grand Junction; their agricultural superintendent super-intendent states that the beets gave splendid results both as to sugar contents con-tents and yield per acre, and it is the intention of the Utah-Idaho Sugar company com-pany to secure what acreage they can in this vicinity for the coming, season and ship the beets to the Lehi sugar factory. |