OCR Text |
Show NOW GETTING READY TO BORE FOR OIL Tho Union Gas and Plpo Lino company, com-pany, recently launched bjr local and Pennsylvania talent and which begins Its career with 7500 acres of territory In the oil and gas fields of Salt Lake Valley as an asset, Is abroad with its properties and with an exhibit that cannot but elicit tho co-operation of the investor at homo as well as abroad. The company proposes, says tho prospectus, pros-pectus, to proceed tit onco with tho development de-velopment of this territory, It having already acquired franchises that enable It to get Into the city with Its plpe-llno and its gas, of which Its ureas havo been long productive of that element In commercial quantity. Concerning the territory, tho prospectus contains the following: The territory proposed to be developed develop-ed by this company consists of a number num-ber of tracts of land In Davis and Salt Lake counties, whllo other tracts and rights have been secured. In closo proximity and a short distance to the northwest of our Ccntcrvlllo property, Missrs. Guffey & Goley are now driving driv-ing a well. Messrs. J. H. Bigger & Co. of this city, who are serving tho company com-pany as its fiscal agents willc Thomas J. AJmy Is secretary and treasurer, say that work will be inaugurated at cn early day. |