The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-18
THAT WALKER IRON DEAL.
Reasons Why c. 2 e. ]. VIII Get the
Ground, II Sale Is Made.

Questioned regarding the report from
New York that his brother, Robert
mines owned by the Walker estate at Iron
Springs, Iron county, Charles Walker
yesterday declared that, so far as he
knew. there was absolutely no foundation
for the report. Robert Walker is expected
back from the east, where he has been
for several weeks, some time next week
and upon his arrival il is thought that
something definite may be released as to
whether a deal is either pending or closed.
Operators well posted on the iron re
gion and who are familiar with most
everything that is doing or contemplated
concerning the deposits are of the opin-
ion that overtures have probably been
made to the Walkers for the iron which
they own in the vicinity Of Iron Springs,
by parties either directly or indirectly
connected with the Colorado Fuel & Iron
company. This conclusion is reached
through a knowledge of bygone events,
which suggests to them that no other
sitiOn under existing conditions.
The situation is just this, said man
yesterday who ought to know what he is
talking about. Many years age the
Walkers took up a lot of iron ground in
the vicinity of Iron Springs under the
placer laws. A few years ago representa-
tives of the Colorado Fuel & Iron COM
pany, which had claims in the vicinity,
covered one of the main lodges in the
Walker properties with lode locations, dis
claiming the right of the Walkers to hold
the lode under a placer location. The
district court sustained the contention of
the lode claimants and the matter was
appealed to the federal court and tried
before Judge John A Marshall The re-
suit was that the Colorado Fuel & Iron
cOnIpany's contention was again upheld,
with the modification that the surface
area Of the claims must be confined to
| fifty feet on either side Of the center of
/ the lode, but that the claimant would be
/ entitled to ell of the lode on its dip into
the earth after it left the vertical side
lines of the narrow claims
THE lode upon which these locations
were made is about 800 feet wide on the
surface and is covered for more than half
/ a mile along the oUtcrop. The courts de-
ciSiOn, therefore left the lode claimants
/ in possession of the heart OF the lode
down to the side limits of the narrow
claims and gave them all of the lode
| from there down. Under such conditions
/ the ground became but OF inconsequential
/ value to any one but the Colorado COM
pany, and 1t is incOnceivabie that any
other combination would care to bother
| with 1t, as the other portions of the
property are not nearly as valuable.
| Looking at the matter from that sta nd
| point I am inclined to believe that, if a
/ deal Of any kind is pending with respect
! TO the Walker holdings it viii develop
/ that some arrangements has been made
| whereby the Colorado Fuel & Iron com
pany will get the ground
! 1t may be stated at this time that there
! is considerable correspondence going on
/ with relation to other iron properties in
| the southern country and shat. while
nothing tangible has vet resulted from
Importance being done during the present
Il wear