The Kalispell bee. [volume] (Kalispell, Mont.) 1900-192?, 1901-10-26
Articles Of Incorporation Of a
New Association Filed.
WILL SINK WELL S
The Outlook for Big Oil Strike Is Bright
Much Development Work
Done.

At the present time Kalispell is in
the first thrOes of an oil boom, whoch
bids fair to break out in a wild excite
ment at the first strike made in the
kintla country. Oil talk is heard on
every hand and l"I.y day passes
but what new arrivals from the oil
section reach the city with stories of
oil prospects, which serves to keep
up the interest Of would be prospec-
tors ard investors. That oil is there
is beyond doubt, but as yet the
proper machinery for drilling wells
has not been forthcoming. With the
advent of the Butte Oil company mat
ters took on more prosperous phase
and the news that that company
would Immediately proceed to erect
dcrricks for drill purposes was hailed
with delight Their machinery ar
rived all right. but when. after much
hard work, it was hauled over the
rough trail from Bolton to scene of op-
peraons and put in place it was found
that the boiler of the engine was too
small and that another one would
have to be ordered This was done,
but it will be some time before bor-
ing will now commence. This was a
disappointment to all interested in
that country as it was hoped that by
this time. it would have proven that
the oil fields there are the equal of
anything in the United States.
At first the people of this city paid
little attention to the stories emanat-
inc from the oil district and locators
who had filed on lands there found
considerable difficulty in disposing of
their holdings. At the persent time,
however all this is changed. Small
companies of Kalspell business men
have banded together for the purpose
of thoroughly testing the oil pros.
poets and it is thought that before
very long the Kintla lake oil fields
will be the scene of considerable ac
tivity.
The latest corporation to enter the
field is the Kintla Lake Oil company
an association of business men ol
this city The articles of incorpora
tion were filed with the clerk and re
corder Wednesday and state the pur
poses for which it was formed.
According to the papers filed the
new company is organized for the
purpose of locating, buying, acquir
ing, leasing and selling placer ant
quartz claims and improving and de
veloping the same, as we'll as to sinl
wells for oil and water. The new com
pany will also own, lease, sell and op
crate oil tanks, pipes and pipe line
together with pumping stations.
1t is also the intention to own, leas
and sell telegraph and telephon
lines, said lines to run from som
point near Kintla lake to a point OF
the Great Northern railroad.
The principal place of business vii
be in this city and the company |
incorporated to run for 20 years
The capital stock Of the company l
800 600, divided into 100000 share
of 10 cents per share. At the preen
time the capital stock actually pal
is $4,000. The following gentleme
have been elected directors for thre
months Or until reelected: T. I
Long. Helena; W. H. Griffin, D. I
Smith, Lee Kerr A. L. Jaqueth, ]. F
Listle Jas. F. O'Meara, D. R. Peele
and J. H. Stevens of this city.
The organization of the compan
will prove to be of material benefi
as it is the intention to immediatel
commence active work in the O
country Derricks will be erecte,
drilling machinery purchased, and 4
thing that will tend to the prop<
development of the lands owned b
the 9ssocia ion will he overloOke
The company owns a large numb'
o. claims in the very heart of the Q
district AMI i is confidently expactt
that III. reGultS achieved from II