Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-12-19

management OF the Utah Consolidated
that the farmers OF the Salt Lake val
ley would win out In their contention
that their premises We're being damaged
by fumes, steps were taken to obtain
q site for 4 new. shelter in Tooele
county. Accordingly, large area of
land was purchased, options and smoke
easements obtained upon a still
larger area, together with valuab.
water rights. etc. Thus the company
became prepared for the worst. Fol-
lowing the closing OF the Murray smell
ter, the management succeeded in OBJ
tanning contract to ship 500 tons of
ore daily to the Garfield smelter, with
q clause giving the privilege Of renewal
for another year provided notice to
that effect was served within six
months after the beginning of the first
years contract, which was done. An ef-
fort was then made to secure a tiye-year
contract with the Guggenheims, or the
GARFIELD Smelling company, but upon
terms moro favorable to Utah Con-
solidated stockholders. The Guggen-
helms, however, refused to do this:
whereupon the Utah Consolidated d.
| rectors took up the matter of building
! its own plant. The Guggenheims, 1t is
said, employed tactics to prevent this.
even going so far as to try and buy
up majority OF the stock, In which
move they failed. Not long ago. the
land purchased for smelter site. to-
gether with the options, etc. were
who contracted with the Utah Con-
soIidated to provide facilities therefore
and treat the ores Of the Utah Con-
solidated mine for a period OF 10 years.
commencing In April. 1910, the details
Of which are set forth In the following
communication recently sent out to
Utah Consolidated shareholders by
President Broughton. which says: *
During the eight years have pre-
sided over the affairs of your company
have addressed you but once. except
through the medium of an annual re-
port. In September, 1907, l denied cer-
tain statements that were being indus
triously circulated In the public press,
which statements have since been prov
ed to be 2unfounded.
CLOSING OF SHELTER.
II now desire to give you lnforma-
ton upon matter of Importance to
your company. In January Of this
wear our company's smelling plant in
Salt Lake valley was closed by order
of court, after the case had been car
ried to the court of last resort. Your
company was then confronted with the
proposition of building q new smelling
plant In another location which meant
the cessation of production for about a
year ana HAL, OF Lie alternative Oh
entering into contract for the srneit-
ing of its ores with the Garfield Smelt-
ing company. In February OF this year
a contract WAS made with the Gar
field Smelling company for a period OF
one year. This contract was the best
that could be made under the circnm-t
stances; by its provisions your COM
pany had the option, in six months
time, OF extending the contract for
second year and the right of discuss
sing the question of a certain nodiiica-
| ton, and the making Of a contract
for a period of five years.
NEW PROBLEMS PRESENTED.
I'm, July your company exercised its
option to extend the contract for. n
second year, and informed the Garfield
Smelling company that it was prepared
lto take up the other question. the