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Show GEN PROPERTIES TO BE EXPLOITED I Announcement is Made That the Company is Financed to t Equip Propcrt. AERIAL TRAM BEING LOADER FOR SHIPMENT I Henry Pictsch, who Ik Stockholder in Company, is Jubllent Over Prospect Nfor Early Development. Henry Pietsch, who Is n stockholder in the compnny organized by Dr. E. Green for the exploitation of his coal property on the face of, the mountain i just southeast of Cedar City, is authority au-thority for the statement that Dr. Green has been successful In California Califor-nia in finnncing his proposition. Mr. I Pietsch wob in receipt of a letter the first of this week from Dr. Green, in which he states that everything is O. i K.; that thoy have $35,000.00 in the treasury for the equipping and development devel-opment of tho property, and that a large aerial tram, which requires three enrs to transport it, is being loaded for shipment to the property. This Mr. Pictsch expects to nrrivo at Lund within the next few days. It is the intention to orect this tram from thp cqal mine to tho valley bo-low bo-low and tram the coal to whoro it can be conveniently loaded at the outskirts out-skirts of town, thus cheapening the price of fuel, and building up an important im-portant industry here. Mr. Pictsch has done a good deal of development work at the coal property prop-erty and has acquired a considerable interest in tho Bame. He also has n coal location in his own name, and is nhi raUyjqWhwttt ffrfc pruBpccts'fu'f early developments on Ja scalo commensurate com-mensurate with the needs of the property. prop-erty. 4 The equipment and systematic development de-velopment of the proporty will not only mean the employment of a larg'e number of men here, with a substantial substan-tial pay-roll, but will bo a strong factor fac-tor In tho securing of the projected branch of railroad to Lund, of which we are so much in need. It will .thorti fore be we'conc "P-W8 to not only Cedar City, but all this section of southern Utah. ( |