Vernon County Censor

Thaws Sell Coal Lands.

Mrs. William Thaw and the other Thaw heirs of Pittsburg, have sold 1,000 acres of their prized coal lands to the Mount Pleasant Coke company for a sum approximating $2,000,000.

The transaction created the greatest astonishment in business circles when it was reported recently. The lands that were disposed of are located in Mount Pleasant township, Westmoreland county, Penn., and are the very cream of the coal lands owned by the Thaw estate.

Before old William Thaw died, he created what has since been known as the coal and coke trust, which has since been the bulwark of the Thaw fortune. With the money set aside for his fund, William Thaw purchased coal lands in Westmoreland, Fayette, Washington and Greene counties, which have increased in value at a rate almost past belief.

When he died he made a clause in his will that these coal lands should not be sold for any purpose whatsoever, unless it was absolutely necessary. If the family was in need of money and could hold the lands no longer then they were to be leased on royalty and not sold except as a last resort.—New York Times.