| OCR Text |
Show SPRINGVILLE SITEf ACCEPTED fl BY STEEL CORPORATION PnoVO, D'oo.:-18i-rWith tho tolo-graphlo tolo-graphlo ndvlco to Prost. T. P. Plbr-pont Plbr-pont of tho Provo, Charabbr ot Coin-morco Coin-morco frpm.WK. Rainst stqel'morger, promotor, that tho dlr,ect6rs ot Iho Columbia Stool corporation havV'no-coptcd havV'no-coptcd 'PrdvdSpriugvIlIo "plalat-silo, tho Holding company has redoubled. Its otforts ltd ralso th6"- ne'eossa'ry funds with -which to purcuaso tlio ground. Options aro lntnb' possositon. of tho Holding company, ot -which Mr. Plorpont Is tho prosldont. Tho following wlro was rocolvod by Mr. Plorpont Saturday from Mr. Rains who was in San Francisco, California, attondng a mooting ot tho stool pooplo: "Dlroctors Columbia Stool corporation passed resolutions Friday accoptlng plant sito for blast furnaco. Formal notice will be mailed mail-ed you later." .' j It understood that "whon the men Interested In-tlitf stool morger were horo last weo'k looking ovor the site, and especially1 tho nrnMngs of the en-glnoors en-glnoors concerning thpv t08thol6sJoV tho foundations of tho bjast furnaces; they had intftnatQdNthat actual wprk; on tho construction xl JJio blast furnaces fur-naces would qommoncip sometlraa, tiio latter part of Fobruary ', Before actual cons"tructloa work be-' gins tho Holding coiBpany must collect col-lect monoy fom the "business interests inter-ests of Prove- and SpriUgvill with which to purchase the land necessary for tho company boaldes the 400 acres donated by Sprlngvlllo city. The acceptance ac-ceptance ot the site, It is understood, was mado conditional upon Provo's fulfillment ot tho promise ot the site, and is revocable it the1 prlse U not carried ouL "v',r |