OCR Text |
Show 6 Utahns Buy 3300 Acre Idaho Ranch Six Utahns Wednesday announced announ-ced they had purchased a 3300-acre 3300-acre ranch in Idaho for a considr-ation considr-ation "in excess of $100,000." The ranch, one of the largest in Idaho's Bla'in county, will be developed de-veloped for cattle-raising purposes. Known as the Cove ranch, the property was purchased by Albert E. Reid of Abraham, Millard County, Coun-ty, and R. L, Hess, William Mc Donald, Parley White, Gordon Wal ton and N. L. Petersen, all of Salt Lake City. Mr. Petersen acted for the group in the transaction. The huge tract was purchased from the Brunham and Laytor families. One-third of the grain crops and one-half of' the hay crops harvested during the 1950 season also were included includ-ed in the purchase.' LeGrande Backman, Salt Lake attorney, served as legal counselor to Mr. Petersen in closing the deal. Earlier, Mr. Petersen had purchased pur-chased a 500-acre tract in Twin Falls county, which he has sold to California interests. |