The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1893-02-28
GAS COAL OR SALT
The Wichita Prospecting Company Organized
to Make Underground Investigations.

| The Wichita Prospecting company, a
| body composed Of representative business
men and citizens, have started q move
ment in earnest to test tho underground
resources of Wichita, in order to find out
| what elements exist there, to enhance the
city's prosperity and add to her manifold
| industries. The ball has commenced 70
roll under the most favorable auspices,
| and if the amount OF capital required can
be obtained, work will be commenced aud
pushed with all possible speed until
depth of two Thousand feet is reached.
Land has been leased in the valley west of
the river, and all arrang ements made, so
that when the stock is all taken there
will be no delay. The movement is
receiving the attention and most
careful consideration of business men,
and the indications are that the movement
will terminate in success. The members
Of the company are very confident that
either coal or gas can be found, aud they
are absolutely sure of striking a bed of
salt. Salt deposits have been found on all
sides CT Wichita and it can be unQuestion-
ably found here if the proper effort IS
made. The company has issued the fol-
lowing prospectus TO the city of Wichita
and ask for their most careful aad candid
consideration
TO TIE CITIZENS OF WICHITA:
Believing that the country surrounding
our city has never been thoroughly pros
pected, for coal, oil, salt, or natura. gas,
and feeling that if Is among the possibili
ties for US to find any of the above-men-
toned resources we should, in self-defense.
Immediately take hold of this matter and
give 1t one more fair and thorough trial.
The fact that few holes were bored east
OF the city on the hills does not prove what
there might be in the valley. In the gas
and oil regions of Ohio and Indiana there
are hundreds of dry holes and at the same
time there are hundreds OF good gas and
oil producers; and land that was practi-
cslly without value ten years ago, Is max
ing cart loads of dollars for the owners
and the country today. Therefore, with
no other idea in view than TO make Ru at
tempt to help ourselves and fellow citizens,
we have organized 4 company, known as
the Wichita Prospecting company, and
have secured leases on lands adjoining the
city, on which TO operate. We have also
secured a franchise from the city, as a
protection IN case gas should be found.
The company is organized with a capital
stock OF $4,000; the shares have been
placed at 81 each, which vii! enable every
body to help
The organizers OF the company are the
following well known citizens: w. s Cor
bett, {. Z. Potts, l.. ID. Skinner, Samuel
Houck (ieceased) 7. 6. Fitch, Wallace
Stewart, J. B. Brnley, H. +. Goode and
Newton Garst. The officers of the com
pauy are Newton Garst, president; Wal |
lace Stewart, vice president; w. S. COrbett,
treasurer, and II. T. GoOde, secretary.
IL has been agreed by the directors o
the company that If sufficient funds can
not be raised TO make thorough test of
this matter they will refund to each and |
every subscriber the amount subscribed !
by him and under no circumstances will /
be received for stock unless |
cash in full for the amount subscribed |,
accompany the application for stock. This !
is done that we may know just how we |
stand as no contracts will be made unless /
sufficient funds are on hand to pay for the !
same in full.
Trusting this idea will meet with the /
we think it should receive, /
we remain, respectfully,
The WICHITA PROSPECTING COMPANY. /
NEWTON GARsT. President.