Inter-Mountain Republican | 1907-12-28 | Page 1 | Gambler and Plunger Unite to Enter Oil Business in Texas

Unite t to LEnter L 1 Gambler and Plunger II Enter Oil Oll Business unite in In Texas 1 t r n Dec Richard A A. CannellI the former New York Yurl gambler gambIer gam ham bIer bler au and amid John XV W. Gates It I Is II re reported reported re- re ported have havu formed n a partnership and portel arc to engage c In the oil 01 tt business hl sS In lii Texas Mr Ir Gates Is Is' Is already in it and ant saying he will Is quoted as wi devote th tine the remainder of or his life lre to toI I legitimate t business an and amid that he lie considers con con- siders Texas Texa an un Inviting In field for tor a aman aman aman man with capital and energy Can- Can Held Is now tIme the guest of ot at the home homo of tho the former Wall aU street operator operator oper oper- ator alor In iii Port Arthur Mr Gates's home Is of oC the time finest Onest In Port Arthur Arlhur and ho Imo ht makes It his hl winter I ore lers lie H lh IJ Invited Can Canfield Canfeld field there there to let Itt him Investigate the time oil 01 business as It I Is I said In the time former gambler in spite of ot time tho stories about his being down own and out financially line has a largo fortune he lie 1 seeking to to Invest Time The result of Qt tIme tho tie visit i Is us lI that Can- Can Held ibid mae has himself as us Ut pleased with the tic outlook and will as associate as as- J I sedate t himself with wih Gates in Ia all al tho the oil projects now on 01 hand 1 01 The plan is to do an extensive business busi busi- uusi ness need in Texas and anti Now cw Mexico Mr Ir Gates Is tho the head heal of ot tho time organization known as the Texas Oil 01 company compau This concern concer has lately completed a a. n pipe line lino from froni Tulsa I. I T T. to Port Arthur a a. distance of or about GOO COO miles mies 1 Two largo large refineries have havo been built buit CL at Port Arthur and onu orm ant is being erect erect- od ul at Dallas Dalias Dalas which It is said will willbo wI willbe bo be lc ol world world- the tho largest single refinery In ts world