Show I 17 ran fOR MEXIA HOLDINGS I I Pure Oil Company Closes I Big Deal With Col A. A E. E Humphreys MEXIA Tex Nov Kov D. D Announcement G.-Announcement was made the first of the week by Colonel A A. E. E Humphreys of ot Denver that a deal had been closed whereby the tile Pure Oil company acquires treasury stock of ot the Humphreys Mexia and Humphreys Texas companies to the tho extent of at for a consideration of Arrangements will be completed for refinery construction at some guf Gu coast point where the tho entire production of ot the comp company ny will be handled The laying of an Rn inch eight-inch pipeline to a point near Galveston will be at at once This line as projected will approximate approximate approximate ap ap- ap- ap proximate miles in length and Its its its' estimated cost Until the theline I i iline line is in operation tank car shipments will be made and additional e will be provided so that wells now on the sand may be completed I Ten additional tanks of the barrel size have been ordered ord In addition addition addi- addi tion to nine others already contracted I Ifor for far and with what oil all is shipped by I tank cars It will give an outlet for the en entire tire ou output t of ot Chap these rich Ieh leases Laterals are re bei being laid i laid to th- th the various I Laterals are re bei being laid i laid to th- th the various I tank sites as well as a six-inch six line I from the Meador well in southern Navarro Navarro Navarro Na- Na varro county to a tank that has been I completed near Currie Currle station Drilling of new now wells Is to be started and with the additional capital and a large company com com- pany Interested with him Colonel I 1 Humphreys is in line to head one one of ot otI I the leading oil companies of ot the coun- coun i try At the present time the tho Humphreys I interests have approximately thirty five wells on top of ot the tho sand that I would 1 produce an estimated output of barrels if all allowed to flow now I and also vast acreage Inside of ot the I productive area I In all on the holdings there are arc more moro than sixty rigs up Wells Wells' th that t have been shut down on top of tile the sands are being being- standardized and will willi I shortly be bo drilled In as quickly as asi I Is provided i 1 |