Show i U Ii U Ii 14 I FORMATION 0 U F FOIL FOIL FOIL OIL COMPANY Another Undertaking to be Launch launched 4 ed cd Shortly Shorty NEAR NEAl 11 In Iii the Eiler olmo ii I I O Acre ern leUne Stops StepS taken towards the tho or organization of ot another oil 01 company In this The proposed company c will wi undertake e the lh exploitation lion tion to of ot a u tract of ot land lond consisting of ot 1120 acres situated about 25 G miles from Iron W station on tho the D R It I a O I und and adjoining the property I of ot the Iho company also alao near to 10 that of oc the Puritan Mining and Manufacturing company of f Boston Dos ton Interested in ID II the enterprise are arc W D n and nu K F 1 G 0 Guthrie of ot this city It I Is ls proposed to organize the new company with wih a I capital of shares share of ot the thu par value ulue of ot 1 each The Th prop city etty el has an In tt Immense showing of ot tho the mineral upon the tho surface Mr Ir states anil Lul ho believes belev he lIe Is conserva conservative tive In making the tha statement nt that tho the possibilities to of Ut the ground are arl equally as us 18 great as al any other In tho the hydro hydrocarbon hy ro coon carbon melons An examination of ot the territory was made mC last fall by R It I M 1 Pope M K g Kand anti and his report was wn of ot a 1 favorable na nature tOre lure The he company compan expects to put In a n refinery In II the near future |