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Show 1ADIUM PLENTIFUL AT ROOSEVELS MOT SPRINGS $500,000 Stock Company Formed Improvement to Begin at Once i Mr. P. B. McKeon, owner of the Roosevelt Hot Springs', fourteen miles northeast of Milford, has every reason to feel highly elated over recent re-cent developments. For many years past, Mr. McKeon has been satisfied the water from these spring;: contained curative properties pro-perties which could not be accounted for by any ordinary chemical analysis' analy-sis' ol the water. Thinking these qualities might be due to radio-activity, he corresponded correspond-ed with the radium laboratory at Orange Or-ange City, New Jersey. At the suggestion sug-gestion of the -Orange City people several consignment? of springs water were expressed to their labor-?leory, labor-?leory, but owing to time required in transit the radio-activity had largely disappeared by the time these "ipcimens had reached their destination. desti-nation. Receiving little ?ncourag!B?n' from the supposed Radium Trust, he concluded to try his luck with independent inde-pendent operators in radium industry. indus-try. About this time Mr. Orman I-I. Gabs', Ga-bs', a prominent insurance man of 7oM3t. Illinois, was making his headquarters, head-quarters, at the Springs while looking after his. -interests in that locality. Mr. Cabel soon became convinced 'hat these waters contained e:cfraor-'i-iary properties and at once placed 'r. ?TcKeon in communication with "obert T. Nelson, one of the largest, it not the largest, independent radi-' radi-' um owners in America, j Samples of water and specimens of different rock formations were j forwarded to Mr. Nelson at his Chi-! Chi-! cago laboratory. ! After a careful analysis the water was found to be radio-active and the pitchblende formation to contain a high percentage of radium salts. ! As a result of his investigation I Mr. Nelson decided to visit Roosevelt ' Springs and Tuesday evening, September Sep-tember 30, in company with Mr. Ga-bel Ga-bel and wife, he arrived in Milford on No. 7. After spending several days look-: look-: ing conditions over he is thoroughly convinced the properties owned by Mr. McKeon contain radium deposits of great value. Mr. Nelson resides at Wheatou, 111 a suburb of Chicago and has his. laboratory la-boratory on North Wells street, Chi-"S'O. Chi-"S'O. He left for Chicago on No. 8 " -r-'oy morning and has assured Mr. .' cKeon that he will return to Milford Mil-ford at an early date. Preliminary stMis are being taken to organize a eorroration to develop this property v.'i'h Milford and Chicago men as directors, and under the name of the Utah Radium Minerals Company, capitol $500,000, one million shares par. fifty cents. "It is understood that aside from defraying immediate expense and consfruceting a laboratory at the springs, none of this stock will be for sale. |
