OCR Text |
Show TO INSPECT IRON DEPOSITS J. H. Arthur, land attorney, county commissioner and mining magnate, received intelligence the first of the the week to expect ex-pect a party of capitalists who hold an option on some of Mr. Arthur's iron properties, to lock over the iron fields. It is understood un-derstood that these are the asme people who'are financing the gigantic gi-gantic corporation for the hand ling of the iron and coal deposits depos-its of this locality. The exact date of their coming was not stated, but was understood to be some time during the present week. It is not known what group of claims are to form the nucleus of their operation, but it is probable pro-bable that for the undertaking of the magnitude outlined a lot of the best properties will be needed, and it is likely that the Milner, Lurch & Dear holdings, the Cullen & Campbell and perhaps per-haps the Walker properties will be included, as well as a number of scattering claims that will be picked up from private owners. It is also reported that the incorporators in-corporators are figuring on the deposits of hematite iron situated in Bull Valley. Washington county, which locality the capitalists capi-talists will also visit. i.i . . m w . n |