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Show SOUTHERN UTAH'S COAL SOON TO BE DEVELOPED Millions of dollnrs of F,ntern capital, capi-tal, it is staled, will he spent in Utah, beginning by the middle of summer in the construction of a railroad Jn Iron county, in the ibMolopimint of the great eoul dcioslls nnd in the building of an immense plant for the manufacture of briquets. The eom-pnny eom-pnny is dcclnwl to be backed by KaBlern capital to tlio extent of more than $16,000,000. La.t .Monday application ap-plication wns mnde to the Mate pub-lie pub-lie utilities rommliwlon by the officials offi-cials of the Old Capitol' Petroleum, Iron nnd Fuel company for n ccrtlfl-cnto ccrtlfl-cnto of coincnicnoi nnd necessity lo construct n rnllrond line from Lund to Ccdnr City, with the privilege of transferring the cnii!t to Kastcrn investors. The Mimpnny, ljepresentcd hy J. I. McClclInn, filed n petition some time ngo for the permit, and Inter amended the jietition with view to Irons-feriiug Irons-feriiug it to I'nstern iuvMtors if the commission should see fit to grant I ho prayer. Shortly after the original ftling the officers of the Old Capitol coniHin Iwgnn ncgotintjums with Knstorn eniiitiilists to enlist their interest in-terest in the enterprise, which is Intended In-tended lo lap n rich iron, conl nnd oil region in thoiouthorn nnd southeast-cm southeast-cm (inrt of tlio state. Since then the M)sihitities of the cntcnirisc have developed to such degree thnt a Inrg-er Inrg-er amount of capital will be required than originally intended, and on that an oiint nn nimmdcd petition wns filed. ' The two iKtIClons, after nrgunwnt Mondny at the hennng, were taken under ndvisemint by the commission. |
