This narrow gauge railroad was used until 1883 when a lack of capital eventually forced Mr. Packard very reluctantly to sell the Pleasant Valley Railroad to the Denver and Rio Grande Railway. Interestingly, many of the descendants of the key people who helped to build this railroad later became highway engineers and contractors and did work building highways and freeways all over the western United States. At one time there were four major highway construction companies all based out of tiny Springville, Utah. They pretended to be cowboys looking for saddle horses and often attended sporting events on the Square and dances in the Social Hall. I do not yet know if it was actually Milan himself that got robbed, and if Butch Cassidy himself actually did the robbing.
Some sources say that was the case.
Later that same year Milan ended up selling these mines, and for what reason I do not know. Mr. Packard was also the main promoter in establishing the Springville Commercial and Savings Bank in 1891. He became its director until his death. It is still operated by some of his descendants. With his sons Milan Owen, Chillian and Jacob, he became involved in farming and sheep raising, and his sons ran these business ventures while he tended to other business matters.