Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-07-04
OPEX PROPERTY
IS TO Be SOLD
Steps Taken TO ForeClose Mort
gage Held by Utah Savings
And Trust Company.
THE AMOUNT is s37e,425
yintic Property In Which iIcinzc Has
Been Intcrcstcd--Othcr
Juab News.
tsneeIal % the 0Newg. y


Eareka, July 4--on Monday Sheriff
Henriod of Juab county posted notices
of the sale of the opex property at
Mammoth. This sulc win take place
at NephI on July % and is TO satisfy
Il foreclosure Of mortgage held by the
utah Savings n Trust company
trustee. for the sum of sS56,A25, with
costs. etc. In addition TO the indebt-
edness which Is covered by the mort
gage. the company has quite q num-
Der OF checks stlll outstanding. some
Of these are for labor. and We're cashed
BY the business houses of Mammoth
and Eureka. II Is understood that
they amount to only about $500, and
II is quite probable that settlement
will he brought about TO cover TINS
amount before the sale comes OFF. 1t
seems to he the opinion of Tintic peo-
pie that there has been trouble among
the big shareholders in the OpeX COM
many and through the failure of one or
two OF them tu put up their proportion
of the operation expenses Of the mine
the company has been unable to meet
It's obligations, When the property is
sold il win be bought In by some of
those who are largely interested ana
a new company will be formed. There
is a ftlmor here that Jesse Knight VIII
eventually land the control of the
ground uut y ui!t louIt 10 say u
there IS any truth IN the stolS. Any
way tne OBEY ,aS .Hpe,iueU :" '''
development Work witch has been car
ried ON IN record breaking manner. a
iot o. tnls m.oieE W ir,n Niv H. shaft
lev 'p"S Siiis.Iy' ~ ~.
alip " u. =. ~ 80, - ~ -.
u W any, - - " ~ -, -. - 80.
tnliis VII col'ie ou' s't ',.l" nc i
Mo.h upo" , s,,e p,Up o,,ns ,,er.
reSulnyu' ne coiul'"ny "NnS -, Ne,s
Va Naiuaple si1uP "a ans AIMS a" - 49,
inc -Nit,aiiu'i, ~, ~ 80 .t,,ai, a,.,
tuV rIaNt'oh' aiiu wy , 1911, ~
au!oiillhs out N9' ~ w -, w.
r-utsNa n.l,ivt tt III, "a ptrs,haI,,
i!o.n ~ az ~
~ tilseieo.s nav ''V" ~
'i ~, ~ - ~, a., ~, .a,,i., -.
~, ny Wy sit"p
@'.u - -, 49,, a., 49, 80,
49, a'ai. ~ ~ Ut w a. ~ NJ IA
'eiuas, ahu VIZ ~ M ~ ~ t'
,1a,,, 49, '.s,.,, os,ant u, ;e ,.i,soN n,,,
s ie.e ~ 49, oft;o. ,hn ~ se' ,, ~
lloili my my, Stiles ."iee t,at , 'ue u
t,,.sas, ~ Jgth and ~ So,h a. tbjs
,,,nn,I a,na Ia Nc s,,,,y,io,. n,o,,Id
,,rot,a III. he ,,,,,,,t- $40 l, h.n,ta,,,
49,. ,IS,,,Ia, .,Iti,aS,,,r,, q, LII ~ ,as
sraI 49, ia,a,. hnfora the nia,t a.
landItns, an,tbin,, mo Ire canacItv In
49,. go, .t,,a ~ no,,st,,,ctio,, - to-
',dd;,ionaI ioad f,,rneces and one cn,,,,er
f,,,.naca is ,,nder ,Ya,y
-
ORE IN THE BULLOCK.
,ar,,o o,,,,,, 90 =
,,os,d ts ~ na,,,,, ~ - ""n
nc ,,,,so nt r. ,,,,rt, 'l'r' aisg a.,
inoi, ni,t, o oo ~, VI VIZ r
SUM spieI,u.u
.h' NJ tlis ~ wcrn 'ahsh 10 iro-
VIE Yen, anu II MN hot pe lons
~, etv ,lll'lI - snipp.nE, possibly
~ we ne" slnSiteI' aluloush no voh
80 ,ias en- sIs'igu up lhe
psvsplil Wol hihss aIe on tne houth emo
VI tilo company srpund' pul douoie
opinpdItueht shhi' Is 10 pc SUNK upon
the hurlh emo OF H. Inc Two shafts
VIII ne nearly one mile apart, and
from TINS II can he seen that the hold
lhss OF the company embrace an eN-
ceplionhlly DIE group OF claims. With
IN the next thirty days. work viii be
progressing upon four different shafts
IN that section Of Tintc-onc upon the
raj n. ,rnn M r i,, '1eo
tlon, and a fourth upon the Montreal
group. The most important of these
viii be the one to be sunk upon the
Tintc Central, which win contain three
compartments, and rs soon as II IL put
down To a depth that a windlass can
not be used, machinery viii be nut
Into operation. Tho Tintic Central
-r,,,,,r,..,. d, ,-o.-,. ,,.-,..,..,...-