Show lOlL OIL LAND ACQUIRED IN UTAH BY SYNDICATE F Four our Sections Taken for or Development Development Development De De- De- De Operations in Washington County News of the Increasing oil activity il In Ir Utah h Jia has lS resulted in still another syndicate syndicate syndi syndi- cn cate te compo composed ed o of Eastern capitalists capi capi- has been formed and land ob obtained obtained ob- ob tamed for or the purpose of conducting dc- dc ICI I operations r The late latest t project involves In land In iii Ya Washington lon count county but the operations of I the syndicate which soon will wll be he Inc Into a company are arc expected to I extend to other portions of tIc thc state as hol holdings of oC promising oil lands land can be acquired acquire This is the Information given Cen C en out by Daniel F F. Moy of the oil exchange and board of trade upon his return to S Salt SAIt lt Lake following ln a tour lour of a portion of the central and southern portions of the state tate as one of a party of five Mn Ir Ii McCoy sa says s 's he hp is not at liberty to give the names iiames of the others but states that one ono was wasa a well known geologist eolo another an emInent eminent emi erni- nent flout oil oU engineer who represents re several leading hankers bankers of or Nebraska Nelm and t two o prominent business men of Salt Lake Lale The party left Salt Lako b by aut ft and proceeded directly to MI lard county where the they were impre sed with the prospects of developing several ex extensive x cx- oil fields the they proceeded through Iron county and saw veritable mountains of coal and continued on to Washington n I Because use of th tho splendid Indications of oil In this section the syndicate acquired I four sections of land not far from torn Toquerville To- To Afterward they proceeded al almost al al- most to the arizona line and during the I trip saw many Indications orthe presence I of oil Members of the party part were royally royall en entertained en- en b by tho the residents of and Hurricane and were feasted on the early fruits and vegetables of what is known as tho Dixie territory a a semitropical semitropical semitropical semi- semi tropical district In the heart of oC the temperate zoneS zone In anticipation of or extensive oil developments dc cl In iii the region relon the party Inspected I the country with a view to the possibility of or constructing a pipeline to to the railroad an and found that b by following tho the streams connecting with the Colorado river a agrade agrade agrade II grade pipeline easily could be built It H was stated h by Mr Ir McCo McCoy that the principal object of his trip was to obtain I data on the districts visited for the u uc of the tho oil exchange an and board hoard of or trade with which he Is connected and that similar trips to other Utah oil districts I for the same purpose c later will be made |