Show veteran bails out under flood of oil gusher threatens to break not enrich owner NEWPORT BEACH CALIF bucket in hand william tallman balled furiously to keep barrels of oil a day from flooding his house that s all he can do about the oil well which gushed up in his back yard instead of bringing him riches it threatens to bankrupt him he can t pump drill collect or store the oil A newport beach city ordinance says so he can t cap the well as the city suggests be he doesn doean t have the 2 to pay tor for the job he cant can t let it flow down the street the city gets mad he can t t divert it into his neighbors back yards the neighbors get mad PIS HIS own yard is saturated every time I 1 step out ot of the door I 1 sink up to my knees in a cc couple of thousand dollars worth of oil he said the world war II 11 veteran brought his blonde bride to the wayside cot tage last summer everybody had forgotten about the old well there capped 15 years ago when oil was only 25 cents a barrel one night they heard a burping noise in the back yard tallman ran out and waded into thick black oil the next day oil experts told him be he had a well that was prodoc ing barrels a day all readily salable at 1 40 a barrel that s a day and all the mineral rights darn it are mine tallman said he hardly had time to estimate his fortune before he was battling with the city council over whether he d make the fortune or lose it something has to be done he said that black gold Is running all over and I 1 haven t the money to cap it the city ought to let me drill or else let me cap off oils this bole hole so I 1 can stop balling out |