The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-06-02

Although delinquent yesterday morn
ing, the two delayed payments on the
purchase price of the hex properties
have not been made and under the
provisions of the contract entered into
between the owners OF the mines and
the members of the hex syndicate at
the time of the transfer of the proper
ties to the latter, Messrs. Holbrook,
Campbell and Mount are now at liber-
Ity to step in and resume full control
and possession of the hex group. That
they will do this there is no question
Of a doubt. for the gentlemen say they
are heartily tired of this delay in the
payment of accruing installments
which is being practiced upon them
and are perfectly willing to again re-
gain possession Of the mines, which
they contend are in splendid condition
and only need scientific development
to place them in the first rank among
the producers of the territory. AS
stated by The Herald yesterday morn
ing was the case, Mr.. Underwood is
now in Montana and before leaving for
the north he is said to have express
sed the determination to let the hex
slate. Just what the future has in
store for the smelter is, of course. very
problematical, but those who are di
rectly interested contend that Mr.. I'm
derwood will see that the plant is op-
Grated as a custom smelter and it is
believed that the proposition will pay
handsomely. The furnace is still cold,
but the receiver states that he is max
ing arrangements for lead ores with
4l, 70 a,rx- -fli 81,
hand.
Mayor HolbroCk, of Provo, one of the
owners of the properties, came up from
the south yesterday morning for the
purpose of personally interviewing the
members of the company who were in
the city, but he found only Mr.. Hum
phreys, and that worthy gave him lit
tie satisfaction. in fact, even refused
to answer the straight questions put to
him by the mayor. 1t was very plain
to the latter, however, that the pay
left for Provo on the afternoon train.
To a Herald reporter the gentleman
stated that the owners would without
question take back the properties,
which they consider very valuable in
deed. Messrs. Mount and HoIbrook
recently visited the hex and found 1t
in good shape with some splendid ore
DOQleS showing. IN the DcItOm OF
one of the working incHnes they found
a three-foot ore body, some 200 feet
down on the vein, assays from which
give first class returns in gold and
copper. AS soon as the necessary le-
gal steps are taken it is the intention
Of the owners to reopen the mines and
continue their development They
have recently secured ample water
near the hex for smelling purposes,
and it is proposed to erect a small
plant there for the treatment of the
ores from the group anc also those
from the Fish Springs properties
which are now shipping.
On Monday Messrs. Holbrook and
Mount will return to this city and then
the formal demand for the deferred
will be made. In the event
Of failure of the Underwood crowd
to come to the front the owners will
take charge of the mines. 1t is more
than likely that more suits will yet
arise from the muddle into which the
affairs of the hex company have been
thrown. The owners of the properties
claim all ores extracted since the first
day of April and they also claim the
tools which were recently removed
from the mines and are now held at
Deseret by the company.