Alpena weekly argus. [volume] (Alpena, Mich.) 1871-1893, 1888-01-18

teal operation by those who own thu
natural gas wells in Altoona county
A company has been organized for the
purpose of developing the gas and OF
resources of that region. This com.
pany is called the Altoona gas and oil
company, with the following officers
and directors Richard p. Gustin
president; Chas. III. Killmaster, sec
rotary; Jno. Hamilton, treasurer
Directors r. p. Gustin, Jas. Hamil
ton, Jno. w. King, Geo. A. Prescott
Chas. III. Killmasters, Jno. Kill
master, VIM. Nisbet
Recently n descriptive pamphlet
has been issued by the company which
sets forth its aims and objects. The
object of the company has already
been set forth in these columns, ms
being the intention to pipe the gas to
the cities Of Bay City, East Saginaw
and the smaller cities along the north
ern shore. To pipe the gas direct to
Bay City from Killmaster would re-
quire n sum of money equal to nearly
million dollars. Before the Times
gives an insight into the new plan it
will give the object of the new COM
pany as set forth in the pamphlet as
follows:
1.-THE fact that gas exists in large
and paying quantities at Killmaster,
is no longer a matter of doubt, and
strong indications exist that oil will
be found below the gas. 1t is the
purpose OF this company to store the
gas and utilize it at Killmaster, so far
as the same can be done, by establish
ing manufacturing interests, offering
as an inducement cheap fuel, and then
establish a pipe line to Alpena, Osco-
da, Au Sable, East Tawas, Tawas
City, Standish, Pinconning, Bay City,
West Bay City, East Saginaw and
Saginaw City for the purpose of con-
veying the gas to be used for heating
and manufacturing purposes. The
company owns all the gas and oil un-
derlying upwards of six thousand
acres, located upon the branches of
Pine river, with the right to use the
land for the purposes above mentioned.
The shares of stock in the company
will be sold in quantities to suit pur-
chasers, and all are requested to take
an interest by subscribing to its stock,
thereby aiding in developing the ter
ritory, producing cheap fuel for the
inhabitants and aiding in the perma-
nent establishment of manufacturing
interests in all towns and cities on the
west shore of Lake Huron and Sagi-
nav bay.
THE large sum of money required
to pipe the gas direct to Bay City was
found to be an obstacle in the way of
the original plan to pipe direct. The
cost per mile would be fully $4,000
and the ninety miles would require
the outlay of 100000. At this
juncture the services of Geo. w.
Mann, were called into requisition
and course of action was agreed up.
on which already promises successful
fruition. Mr.. Mann, whenever he
takes hold of any project generally
pushes it to satisfactory issue.
"The idea now to be put in opera
ton is that the citizens of all the
cities and towns along the proposed
line shall be made interested in the
project. For instance, q few days
ago Mr.. Mann addressed meeting of
citizens at Huntsville. in Altoona coun-
ty, on behalf of the project, and al
though Huntsville is a small village
over $1,000 was subscribed. The
subscribers took stock as suggested in
The company's prospectus, an extract
from which is published above. Mr..
Mann will shortly address the people
IF Au Sable and Oscoda on the sub
ect and it is believed that consider
,ble sum can be realized for stock at
,hese points. Next he will canvass
he two Tawases, then he will work
his way down to the Bay Cities aud
he Saginaws. There is no doubt that
quite a sum can be raised north of
Bay City, and when it becomes nee
'ssary for Bay City, West Bay City
md the Saginaws to subscribe to
took to ensure the success of the pro-
ect there is no doubt that the citizens
# these four cities will respond liber-
lily. Subscriptions of this kind will
lot be in the nature Of n donation,
because stock in this company could
,e made to return n goodly dividend.
Besides the construction of this line
would be of inestimable value to the
'eople Of this vicinity. 1t would
make it one of the most desirable To-
alities for manufacturing purposes
n the country. When Mr.. Mann
,ets ready to boom the scheme in Bay
Jity and West Bay City the people
hould give him hearty aid and re-
pond literally in subscriptions to
he stock.