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Show UTAHNS TO DEVELOP COAST OIL FIELDS United Western Consolidated Company WiE Expend About $1,000,000 la California. Salt Lake capitalists are financially interested in the plans of the United Western Consolidated Oil company to expend about $1,000,000 in California oil development. Money from Wall street is also being attracted by this project. This newest consolidation includes the West States Petroleum . company, which was organized by Utah and California Cali-fornia capital. Among the Salt Lake men of prominence interested in the merger are E. O. Howard. George W. Morgan, T. W. Boyer, A. S. Bower, J. Walcott Thompson, George J. Gibson and others. The legal details of the big consolidation consoli-dation were perfected by Powers & Biter of this citv. Mr. Powers is now in Xcw York City and is expected to return next week. The United Western is capitalized at $3,000,000. Its plan to become active in improvements is of particular interest, inter-est, at this time in light of California oil reserves being the lowest ever recorded. re-corded. Tire United Western has already al-ready acquired proved oii lands in the Midway and McKittrick districts and in the Santa Maria and Casmalia fields. |