Clipped From The Scranton Republican
$ - ELK HILL COMPANY BDYS LOCAL MINES Mount Pleasant operation in West Scranton Brings $650, 000 to Owner DEED PLACED ON RECORD Colliery, Owned By Wilkes - Barre Woman, One of Oldest in This Vicinity For a consideration of $050,000, the Elk Hill Coal & Iron Company, a subsidiary of the Scranton Coal Company, has acquired the Mount Pleasant Colliery in West Scranton from Mrs. Kate Pettlbone Dickson, of Wllk.es - Barre, widow of Alan Dickson, a native of Philadelphia. Details of the deal became known yesterday with the filing of the transfer with Recorder of Deeds Peter W. Haas. The sale is covered by a mortgage, payable within one year, and signed by James L. Cooney, president of the purchasing company,) and J. F. Piatt, secretary. Both were executed Saturday. Operated on leas The sale involves the transfer of 227 acres of coal land and 9$ acres of surface property, Including the site of the Mount Pleasant breaker. For a number of years the property has been operated by the Elk Hill Company on a lease from Mrs. Dickson. The sale yesterday places absolute ownership In the Elk Hill concern. The property has been In the hands of the Pettlbone family for almost seventy - five years. Mrs. Dickson is the sole survivor of Payne Pettlbone, wh made his home in Wyoming. In the transaction the Elk Hill Company was represented by Attorney M. J. Martin, who last week handled the details connected with the sale of the Enterprise Colliery at Shaniokin to the Northumberland Coal Company.