Show spring canyon coal mines have been sold 0 llie knight people have sold the controlling interest in the spring canyon coal company which was organized in 1912 by the late jesse knight san fransisco men are said to be the purchasers ot of the stock which has been held by ry the enli knights g lit I 1 T the he company was organized with an authorized ed capitalization of 1 1000 ana n last year a b bond 0 tic la 8 sue for a like was 1 issued the coal company has bad had a s somewhat bi ew h a t un unique ique history in utah 11 lu lo 10 attracted attention dur ing its development dev ment stages by proposing theobal to asyan an overhead tram in letting the voad down the mountain side from the mine mouth to the tipple beside the railroad this in stall stal atlon lation which possibly was the re suit sult of the metal mining experience of the operators was subsequently abandoned and the ordinary incline rail tramway was adopted in late years in connection with its marketing plans in san francis co and in the expectation 0 of sharing in the trade tor for loading coal on ocean going ships at the golden gate for fuel and for export trade the spring canyon company with the peerless and the standard coal companies constructed the utah terminal rail way which affords physical connect tion with ith the utah railway the mines of spring canyon were already connected with the denver rio grande western by a b branch una line the utah terminal was a permit from the public utilities commission of utah to engage in interstate trat fie but so tar far the interstate corn com merco merce commission has refused a similar permit as relating to inter state commerce |