Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1901-01-24
PROFITABLE OIL Discoveries
Emil Kaufman Makes a Rich
Find In Arizona.
HE NOW HAS 10 WELLS IN TEXAS
John Clayton Interested In
West Virginia Oil Land.
One OF the Fortunate Men Lives in VIII
mington and the Other Has Relatives
Here and Is n Frequent Visitor to This
city-Doom for Prescott, Ariz.

Emil Kaufman, son. lin law Of Mrs.
Mary Il. Diffey of No. Ill Adams
street, and who ia we'll known here,
having been frequent visitor, has
struck rich ind in the shape Of pro.
lilo oil wells Ia Yavapai county,
Arizona, near Prescott, which give
promise OF most gratifying results. A
company known as the Petroleum and
Mining Co., has been Incorporated in
Arizona for the development Of the
wells. Mr.. Kaufman is the president
OF the company; R. ii. Howell, vice.
president OF the State Bank and Trust
Co, OF Los Angeles, CAL, is treasurer,
and W. A. OF, cashier OF the same
bank, is secretary.
Several years ago Mr.. Kaufman pur.
chased what appeared to he tract Of
land OF no particular value at Cor
sicana, Tex. At the time he suspected
that there might be some oil in the
land aud he began prospecting, with
the result that he was able to drive 10
wells, which are now and have been
for several months producing large
quantities OF oil, and there are prospects,
OF further development ON his land.
The entire output is taken BY the
Standard Oil Co., and large force OF
men is kept busy handling the product
OF the wells.
Two weeks before Christmas, while
Mr.. Kaufman was on visit to
Arizona he made the discovery that
there was oil in the Yarapai county
land and at once opened negotiations
for its purchase, with the result that
he secured all the land he needed at a
reasonable figure The Organization
and chartering Of the company followed
and arrangements are now being made
to move some of the drilling mach merry
from the Corsicana, Tex, wells to the
Arizona tact, ard IL is likely that the
wells to be driven there will be pro.
duoing large quantities OF oil in the
near future. The Arizona find and the
enterprise of MIR. Rautmann's compa
have already resulted 10 the in
Rrgurntion of business boom for that
section of Arizona, which has hereto-
fore been practically undeveloped. The
close proximity of the new oil fields to
the city of Prescott will no doubt
result beDetoially for that munioi-
pality and will give it business i'm
petos which will be welcome to its
commercial interests.
Although Mr.. Kaufman has buen In
the oil business only q short time, he
has found it exceedingly prosperous,
fortune having favored him at every
turn, and the financial result has been
exceedingly gratifying.
John Clayton of this city, super.
visor on the Philadelphia division Of
the Baltimore g. Ohio railroad, is also
proating by recent development of new
oil fields. A short time ago the dis
coyety was made ,tnat there was oil on
q largo farm owned by Mrs. Lynch,
Mr.. Clayton's mother in law, near
Grafton, w. Va, and several wells
were driven thereon with the result
that high grade oil gushed forth 10
large quantities, aud the supply is in
creasiug. A company has been organized
for the further development Of the
wells and the Indications are that the
ind will prove decidedly profitable to
those interested. ~ - +
Mr.. Clayton has visited the new oil
fields and is highly elated over the
prospects, as he is Interested in the
project for the. development of the
walls