Show TELLURIDE SECURES PLANTS MS TWO hydroelectric HYDRO ELECTRIC POWER ER SI sires res PURCHASED WILL INCREASE CAPACITY of redemption in gold mt con compan 0 affairs expired I last saturday rod A aril ard were vere othir strenuous dasi das for alverd people in who hid had h id come here to pir titi Ale ili the tedi of the sale bale of he annie laurie owned b bi the gold mt con NI L NI lom r aini of these there were seer il tentative senta tives tive of the Telluride PoNNer earn corn pan bi F 1 I gustin st it lorney torney fot foi thit compoi F f r lilton manager ot at the sevier con A M I 1 M compani the man who bought the power flints of the annie linne plant E W crane re the employees and others oihi ri haing allums il tims against iain st the defunct compani compa and to whom reverted the mine liine patented and mining claims for their claim of the equity of redemption in gold mt alt con compani was war sold on oil frida andai juia 21 last for 10 00 bi b A A ball trustee in bankruptcy to bof F 7 glatin it was at the time of the sale who the wis was real buer of the A week later it de developed eloped that I 1 1 L nunn of the telluride Tel lunde company was th real purchaser pur chaer and the price paid aggregated this thib amounted to SO 0 to purchaser of the power plants and to the claimants holding the tinning mining property the date of expiration of the redemption demp tion was september 30 the telluride Tel lunde representative mot F T fa f I 1 t hin her n enla z idal an ar tenner fl I 1 t ca s h it Ts che k or bank draft for the amount due him film of bi mr tilton this tender and demanded gold this was regarded as a little akin lin to sharp practice and vans probably probable in an effort to delay thu the payment of the monel mone until the date of redemption expired hower howe Lr r telluride Tel lunde people mutt must hive expected some uch such turn in events as the coln coin was war forthcoming 1 in n saturdays Satur dayi s trin train and was paid over to mr air tilton ind this gies the telluride Tel lunde pu posse sion of the two to po er plants the sexier sevier con compani has been getting betting its from these plants plant for the 11 of its mill and mine an and d it means a big loss to that company to loe thee plants the company hag r a well equipped blant of its own in seier canon but it is i plant and it is a lostia affair to operate if the se ocmer ier con earn com pir has to buy its power from the telluride Tel lunde company it will ill mean a large increase in the cost of ing ind and if it has ha tu to start up its own plant it will cost considerable to put the plant in n shape and there will still be an inc raese in operating expenses as a steam plant uses much fuel the telluride fel rel lunde luride company compan his secured e data as to the of tho two power plants purchased NN iab a pipe line of three niile miles the efficiency ot of the flints can he be creat increased as a bead of 1500 feet ati nn be developed and this thi means meana at least cast home hoise power of electrical energy will be secured the money for the mine and mining claims vila aaa not turned oer on oil Sa saturday but some kind of an amie amicable I 1 agreement on this was war reached just what the future holds for this ahn mining property is not clear at pres prent rit is s it is hiedl likely thit the telluride lel luride will go into this branch of ind rhe fhe death of alfred carr in new I 1 ork put nn an end to negotiations for tile the redemption of tile entire had this unlooked unlocked for demise demie not inter intervened ened ho be no doat have raised money enough this fall to in hill ha secured the property and place 1 it on an the tha bisig li iiii of a producer again As it ic is I 1 the fete fate of the splendid pro ert is ib ig i tin ain in the bladow ind sevier mile illee suffers fram its in |