The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-03-26
SIGNED AND DELIVERED.
The Deeds to the Copper Plant
Site Accepted.
THE DEAL is CLOSED.
The Trustees Meet Tomorrow to Sign
the Contract.
Mr.. Amos Came to the Rescue With a
100000 Personal Note-The Deeds
Placed in the Hands of
the Site Trustees.
THE DEAL is CLOSED.
Signed. sealed and deliveredl

The question, care we going to get the
copper plant ?'' which has supplanted re-
marks about the weather, has been pro-
pounded for the last time.
We have got it. The Petit deeds have
been passed upon and accepted by both
sides, and are now in the hands of the
committee appointed to hold them in
trust. The last obstacle has been over
come and the trustees meet tomorrow
morning to sign the contract.
Notwithstanding the sanguine expecta-
tons of the north Salt Lakers, that every
thing would be closed up without diff
Guilty, there were several disheartening
surprises in store for them. After the
mistakes made in abstracting had been
corrected, Mr.. GREEN'S attorney found
there was a cloud ON the title to portion
OF the tract. The deed to this had not
been recorded when former transfer was
made. but the north Salt Lakers, in the
afternoon, gave a small bond to secure
MI. Green against any expense in the
matter.
With matters in this shape, Judge Loot
borrow, on behalf OF the trustees, and
Judge Dey. for Mr.. Green, announced
that the deeds were satisfactory and they
were ready to close the contract.
STRUCK ANOTHER sNAG.
But the troubles of the North Salt
Lakers we're not ended. portion of the
fund subscribed to purchase the Petit
tract was in the form of notes and real
estate. A bond for $40. 600 had been given
to cover this amount, and at the last mo-
ment Mr.. Petit declined to accept this
bond, taking exceptions to one of the
sureties. 1t was growing late in the day
and the situation looked extremely dubi-
Gus. Even Mr.. Klnney's enthusiasm
fickered out and he retired in despair.
For a short time the fate of the copper
plant hung on very slender thread.
But g. d. Amos came to the rescue and
saved the day. At the last moment he
stepped forward with his personal note
for $40, COO, secured by real estate mort
gage, and offered to take up the bond
This arrangement was satisfactory to Mr..
Petit, and at D. m. he signed the deed
which conveyed the property to the trus-
tees. But for the public spirit of Mr.
Amos the whole proposition would have
fallen through. 1t may be stated that he
had already given IS, 900 in cash to theen-
terprise.
THE DEAL CLOSED.
A HERALD reporter called on Judge
LoofbouroW shortly after the transfer
having passed, all that remains to be
done is for the trustees to meet and sign
the agreement which has already been
signed by Mr.. Green. That will be done
on Monday. The deal was practically
closed when the deed passed.
Colonel Estes fairly beamed upon a re-
porter who saw him at the Knutsford last
evening. cts all closed,'' he said en-
Enthusiastically. 'sThe deed is now with
Mr md ha ont he
signed by the trustees on Monday Then
for work.
Mr.. Stahlman was also greatly pleased
at the successful termination of the long
and tedious negotiations, and is ready to
commence operations Immediately.
The North Salt Lakers are simply over
joyed at their success and were receiving
congratulations on all sides last night for
their energetic efforts.
Active operations in constructing the
buildings will be commenced as soon as
the switches can be laid to the site. A
million brick and other materials have
already been contracted for.
RECOGNITION FOR THE WORKERS.
The thanks of the community are due
those public spirited citizens who have
labored so long and so earnestly to over
come all obstacles and secure the copper
plant for Salt Lake city. Upon Judge
Loofbourow, as chairman of the trustees,
the brunt of the work naturally fell, and
his patient, constant endeavor and skilled
diplomacy contributed greatly to the sue
cess achieved.
The names of the gentlemen who
shouldered the work and brought the
negotiations to a successful issue are
given below:
Trustees-C. T. Loofbourow, chairman;
W. H. Rowe, secretary; i. C. Karrick,
treasurer; J. w. Donnellan, J. S. Cam
eron, George A. Lowe, r. G. Weber, W.
S. Mccormick, r. Macintosh, M. ].
Gray, NJ. II. Walker, Spencer Clawson.
The committe of twenty-five who So
licited the subscriptions, was composed