A business partner of WallaceвЂ™s paid a visit to the county recorderвЂ™s office in Coalville in the meantime.
“He discovered that probably 80 to 85 percent of the many (Park City Old Town) lots вЂ“ home lots, and company properties, for that matter вЂ“ had been on the market for fees. So he said, вЂYou understand, i believe we could purchase a couple of those. If that which we do allows Park City rebound, that is likely to be some valuable property.вЂ™
Wallace stated he offered their partner the green light to invest $85,000 to $90,000 to purchase “several hundred” lots.
“after which we told my partner, we said, вЂYou know, weвЂ™re employed by United Park Mines business, and I also think we owe it in their mind to allow them realize about this to check out when they want to purchase those, or several of those, lots.вЂ™ Well, they did.