Show BIG IRON BED TO BE OPENED developing Rail railroad read company a subsidiary of columbia steel concern development 0 of a new and important southern utah iron deposit was presaged by the tiling filing yesterday afternoon with the county clerk of articles ot of incorporation lor for the iron mountain railroad company a subsidiary to the columbia steel corpor aaion the incorporation papers signify the intention ot of the company to construct a railway beginning gInning bi at the iron springs station on the cedar city branch ot of the halt salt lake los angeles railway and terminating a at t a point approximately twelve miles southeast capitalization is placed place dIlt tit the capital capita stock is divided into shares and according to officials ot of the company will not be offered tor for sale the ore deposit involved is known at a the iron mountain mines blines and ii i one ot of the important holdings of the columbia steel corporation its ita value la Is placed at more than olo ito its development will vil i aliza a territory and eventually is expected I 1 te give employment to a large number officials ot of the tentative corporation were uncommunicative last night as to the exact date on which construction st will be started it Is indicated no definite plans have been rp ached but that work would be in as soon as profitable development ol of the property makes it ad vl vi seable the mine property to lo be served Is a not being worked at present and will not be officials said until the railroad la is authorized and completed Oin vials and directors named in afe ar alicle icle ol of incorporation with their various vari oils positions are L F rains pr aident A C EMS ellis jr vice preal dent W C miller secretary and tr aurer and W W armstrong and duncan directors mr ri ini and mr miller are off officers f thi th teel corporation tribune |