The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-10-24

Gill S. Peyton, who returned from
New Yor-- City yesterday, confirmed the
report that DR.. r. B. Beatty had sue
ceeded in accomplishing a sale of the
Mt. Nebo irrigation enterprise in Utah
and Juab counties to an eastern syn6i-
cate for the sum of $60o,000 The ven
dor in the transaction it the Mt. Nebo
Land & Irrigation company, the greater
part of the stock being held by Gill S.
PeytOn and u. c.. Rognun, who will,
within the next few days, have their
bank accounts swelled by the greater
portion of the amount named, the sale
being practically on a cash basis. DR..
Beatty, who has been pushing the mat
ter for some time past, in presenting it
to the eastern investors. will. OF course.
come in for q big share of the C0nsid-
Grafton.
Good Canal System.
The Mt. Nebo company has in sue
cessful operation at the present time q
complete system of canals, completed
for a distance of over twenty miles,
which receive their source of supply
from an immense reservoir, covering an
area of about six square miles.
The reservoir lies in JIab and Utah
counties and it's site is in what is
y
most encircled with a, range of the Wa
satch mountains, q narrow gorge being
the only means of egress at the lower
end of it for the waters of CulrFant
creek, until the promoters of the irri-
cation enterprise constructed a huge
dam, holding the waters in check over
an area of 1000 acres.
The water, after being drawn Off from
the reservoir, is allowed ia return To
the creek and flow in it for distance
of about two miles before being taken
/ up again and diverted into the conn
| panys canal system. The main canal
then follows down the canyon in fumes
and open channels for over two miles
before emerging and reaching the vail
ley to be irrigated, in which the com
pany secured title to about 10000 acres
of some of the finest agricultural and
fruit growing lands to be found any
where in the state.
The building of the dam and the sys-
TEN of canals and laterals has been an
expensive undertaking, but the reward
had started to come in. What was once
a barren desert has been transformed
by the application of the water from
the mountain streams into a VERT Bile
garden spot. The lands are tFaversed
by two lines of railroad the Rio Grande
Western and the Oregon Short Line,
bringing the section in close connection
with the mining camps of the Tintic
Santaquin and Mercur districts, which
furnishes a market for the products of
the farms, while Salt Lake City and
other places are easily accessible for the
same purpose.
Beet Sugar Factory.
The soil Of the irrigated sections Is
especially adapted to the raising of su-
gar beets. Just what the plans of the
new company, which is to be known as
the Mt. Nebo Beet Sugar & Land com
pany, will be cannot be ascertained any
further than it is the intention TO erect
a new sugar factory later on costing
no less than $500. 060, to be erected near
Mt. Nebo station ON the c0npanyS
ground. Other tracts of land will I'M
doubtedfy be secured and added to the
10, 900 acres acquired by the new com
pany. The canals viii then be ex-
tended and the section eventually made
notable for it's production of sugar
aside from it's other resources.
History of Enterprise.
BY way of history it might be well
to state something of the origin of Mt.
Nebo Reservoir q Canal company and
it's promoters. In September, 1892, Pro
fessnr w H. Tfbbals, who was them
d resident of the east, was EN- route
home from Spokane. While on the
train at Cheyenne his attention was
called to the enterprise by a man who