The Green Forest tribune., 1901-11-02
ENCOURAGEMENT
Green Forest Oil & Gas Com
 pany Report Progress.

| Butt, secretary of the Green For est Oil 6 Gas Co.,, THE TRIBUNE learns that the officials are much encouraged by the ready sale with which the stock of the com- pany is meeting. Several mail orders have been received during the past few days and if the pres- ent rate of sales hold good for a few weeks longer, sufficient means will be raised to purchase all the desired machinery, and actual drilling for oil will be com- menced.
 Negotiations are now in prog- ress with big machinery manu- factories that are anxious to fur nish the company an outfit and there can now scarcely be any doubt but that the matter of in vestigating the oil and gas re- sources of this section will be put to an early test.
 When the machinery is receiv- ed it is the purpose of the com- pany to select one of the most likely locations, and drill hole a, thousand or more feet deep, if something is not found before such a depth is reached. It is the opinion of all who profess to understand oil indications, and who have examined the prospects in sight, that five or six hundred feet will make some startling dis- closures to the people of this country.
 In view of the fact that many people whom the company are seeking to interest in this enter- prise are strangers to the officials of the company and are compel ed to rely upon the honor of the men who are managing the busi- ness affairs of 5the company, THE TRIBUNE takes pleasure in saying that the scheme is backed by some of the best men that Green Forest and Carroll county afford.
 G. M. Wallace, the president of the company, is ex-postmaster of Green Forest and has been a res ident of this vicinity for many years, coming from the oil re- gions of Tennessee. Besides be- ing a gentleman of unblemished reputation, he is quite conversant with the oil business, and, we be- lieve, is capable of directing the work of the company to success.
 G. R. Blasingame, the vice president, is a young man of considerable push. He is secre- tary of the Gossage Mining Company of this county, and is well versed in the mineral and oil possibilities of the country.
 w. A. Butt, the company's secretary, is a gentleman of the truest type and a business man of exceptional skill. Every detail of the business receives the most painstaI1ing care at his hands. He is at present justice of the peace of Hickory township, in which Green Forest is located, having held the position almost continuously for the past ten years.
 A. J. Russell, treasurer, is one of the proprietors of THE GREEN FOREST TRIBUNE and is mayor of Green Forest, having held the po- sition since April, 1897.
 The directors are all we'll known citizens of the town and community and are all honorable men. The board consists of P. H. Oliver, a retired commercial traveller; c. c. Kirkham, of the Green Forest Produce Co.,; c. V. Poynor, physician and surgeon, of Green Forest; Irwin Whitaker, one of the proprietors of the Green Forest evaporating plant: c. B. Grim, present postmaster of Green Forest, who is also a leading general merchant; T. K. Hubbs, farmer and fruit grower; and W. R. Phillips, the present. member of the state legislature from this county.
 There can be no question about the honorable intentions of the promoters of the Green Forest Oil & Gas Go. Money entrusted