Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-05-10
REAL ESTATE AND MINING.
Incau descent Real ENale Mcn.-Busl.
ness aud Mining Notes.

The Real Estate exchange hol Is II,
meetings daily at pm. until further
notice. This notice Is not likely to b,
far distant II things 70 on as they nav,
been moving the last twenty.foul
hours. Things are getting so warn
that tho exchange will either die o
violent fever or 1t will have to meet In
the early part OF the day TO give tins
for the cxudatlon OF the heated case.
formed by the iuoandescent tempcra,
ture OF some OF the members.
Tho cause OF the tumult was fully
developed at last evenings meeting
J. II. Watts has been secretary Of the
exchange, and SEEMED to be getting OF
very well, as ho is a capable man FOL
the position. But In tho Office OF
secretary he would necessarily
have first access to volum,
OF correspondence which would give
him an advantage over others AS u
the state Of the market and opportuni.
ties for profitable deals. For this rea.
son goodly number OF real estate
brokers objected TO the position OF
secretary being filled by a real estate
mau, NJ, no matter now strict he
might lie, In tho prosecution OF his
ordinary business he would have op.
portunitiss which others did not
possess.
For this reason movement was in
stituted to depose Mr.. Waits. 1t did
not proceed la pereuasive way, how
ever,snd give the incumbent a G nance to
fesign because OF tho impropTie.y OF
remaiaing under sueh circumstances,
hut Mr.. Watts was summarily 10.
moved, and considerable warmth Of
feeling is the result.
AT the meeting yesterday afternoon
the president OF the exchange, j, q.
Conklin, warned tho members against
the use OF personalities in their specch-
making, butth advice Was unheedeJ,
nnu the atmosphere OF exchange,a de-
liberations became rather sultry,
There was some lively talk over the
selection OF secretary, J. X. Mont
gomcry having been named 70 I'LL the
n
storm was avefted by tho Postpone
ment OF the election until n Iutur,,
date, and the appointment OF tho fol-
lowing gentlemen to nominate names
fTom which a selection IN to be made;
a. IL. Wayne, Harvey Hardy, J. M.
Kennedy, A. Dunshee, anu 3, ID,
Couy. The exchange decided TO oc.
cupy the old Alta club rooms, anu
alter some talk on tho Deep Creek
railway proposition tho meeting nj.
journed.
LAND CONTEST.
A decision was handed down I'm the
land office yesterday afternoon, N the
Gaze Il Thomas j. Hutchins Va. Willis
Twitchell, ~ the effect that the con.
test should be dismissed. Tho case in.
VOWED eighty acres In township rs
south, range west, the land being on
Indian creek, Beaver county, anu In
GLIDING n valuable water right. On
May !. 1871, Willis rwitchell made n
entry on the land, and on
January 30. 1898, Thomas J. HuichIns
HE'D nilidavit Of contest, alleging
abandonment on tue part OF the entry
man. The case was heard March 20.
1898. Tne land oillcc officials held
nat, as Twitchell had broken the con.
'inuity Of six months' absence by "A
'esidence OF a few days on the land. |
Hutchins had not valid ground for
contest.
MORTGAGE RELEASED.
The Metropolitan Trust company of
New York has released the mortgage
which 1t held ON the Salt Lake Street
Railway for $500, 200. The amount was
borrowed March LIST, 1890, for the OK.
ensivo improvements then made In
he street railway system, and the nav.
neDt In full for release was made on
fay 9th Of this year.
TRANSFER OF LEASE
A few days ago there was noted Tho
'lacing OF q 100000 mortgage on ID.
i trust company property. In the
Prosecution OF business enterprises the
rust company mas secured the leases
'eld by Mrs. Mary j, II. Hampton ON
ARTS oil lots ana 8, block 20, plat A,
r the block opposite the Theater.
outh. IL is said that the consiuera-
lon for the assignment TO the trust
ompany by Mrs. Hampton OF these
'a7cs was siolVUV.
MINING AND OTHER NOTES.
A test lot OF orc Is to be brought =,
rom tho extension OF the Coppefopoils
iinc In the Clifton district. The vein
claimed to DO large one.
The Greeley company has sent n
,rce OF men out to get ready for resum-
ig operations IN tho company's mines
Alta as ,oon ms the weather will
How. w
At e meeting of the s.ookhoIdor, of
40 Mount Nebo Reservoir aud Canal
ompany, held yesterday afternoon. O.
!. Young was elected prssident OF ths
'npany ami w. IL. Tiobali score
sry.
A good strike OF orc Ia reported In the
as,away mine Mt Willow Springs.
he body OF ore Ia about two ftet wlie'
nj assays 10 ounces In silver and 90
or cent lead. II tho Deep Creek road
built 1T VIII open up way for the
svelopment OF the mines at Willow
PRINCE.
At tho patent Office In WashIuuton
patents were Issued 10 Frank
!. Allen OF Salt Lake for impIovs.
tents In steam engine; Alanson a.
aker OF Park City, car coupler; F.W.
leghorn, assignor OF ons.hslf 10 q. a.
rown OF Salt Lake, device for separat.