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Show UZONA OIL COMPANY RAISES PRICE OF STOCK The Uzona Oil: Company.drilling in the St. George field, and promoted promot-ed mostly by Beaver people, at a meeting held Saturday, July 16th, raised the price of its stock from 10c to 15c per share, effective Monday, July 25th. The company has practically completed com-pleted arrangements wich will fully finance their company and enable them to complete their development work. $50,000,000.00 of the stock has just been disposed of to a reputable reput-able Sat Lake firm, and negotiations are underway for the sale of a like amount to an eastern firm. With the company fully financed and drilling well underway, the prospects are indeed encouraging, and the company feels justified in raising the price of the stock Press. |