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Show LIGHT PLANT AT SALINA SOLD. Gunnison Valley Will Benefit by Deal. SaUna Call. lc can now be truthfully said that the Salina roller mill aud power plant aud the Kattle Snake power eito has been sold. The initial payment of $500 was made last Friday and according accord-ing to the agreement the company has six mouths iu which to take over the property. They may do it within tbuty days. The buying company has its headquarters iu Salt Lake. The officers are, A. G. Burrit, president presi-dent ; F. J. Yates, vice-president ; ark Anderson, secretary-treisurer. The purchase price is a little over $15,000, most of which is indebtedness carried by the old company. The same company has also a power site in Six Mile cunyon aud from the two plants it will supply flight aud power to all the towns between Manti and Richfield . it is a big project indeed in-deed and means much to Salina and vicinity. The capital stock of the concern iB $50,000. The old company has done the best it could but was hampered bv lack of funds and heavy indebtedness. |