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Show PALMER OIL STOCK LISTED ON EXCHANGE The stock of the Palmer Oil company wag listed Tuesday afternoon on the Salt Lake stock and mining exchance. This company is capitalized for $2,000,000, divided di-vided Into 2.000,000 shares of stock, par valuo ?1 ench. Of this capitalization, 197,990 shares still remain in the treasury. treas-ury. The president is Frank L. Brown, and IT. C. Stratton Is secretary and treaaurer. The company owns 720 acres of patented ground In Santa Barbara county, Cal,. and it has a lease on 160 additional acres. The development work consists of two wells driven, with five moro now In process of drilling. Tho company has no bonds, litigation or conflicts con-flicts pending. Organization was perfected perfect-ed on September 24, 1906. |