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Monday, June 9, 2014

1934 :: Lignite Deposits at Rockdale Sold

Rockdale, Texas, June 8. -- Increased interest in Texas lignite coal, which is found over a large area but has not been mined very extensively, is indicated by the sale of 800 acres three miles southeast of here to H.H. Coffield this week. Much of the land formerly was owned by the HenneMeyer lignite interests and deposits are untouched. Prices were not announced but cash was paid and purchase made outright, with the price understood to have been large. Purchase was made with the idea of ultimately developing the project and establishing production, Mr. Coffield said, in the belief that the lignite industry is coming back within a few years. Deposits are about seventy feet underground and will be mined by the shaft and hoist method when operations are started. Dallas Morning News, June 9, 1934

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