The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1901-05-04

Inc question which IS now asked
Of every one is "When will they
bore?" While there has been great
activity among land-seekers, lease
hunters and option-chasers no one
is able to say when the first we'll
will be bored. 1t has been current
ly reported that the Ledanois or
Robert Martin company would be
the first to drill though no authorita
tive statement has come from that
company to confirm the report.
The different companies which have
secured valuable leases do not ap-
pear to be in any very great hurry
to tap the eartt for oil or anything
else What The Gazette and many
citizens would like to see is real.
genuine effort to bore. A number
Of companies own land in the far
famed Ause Labutte districts, but
no rig has vet been brought there.
But the boom is not dead by long
shot. 1t is not even betraying
symptoms Of decay. On the con-
trary it grows in intensity every
hour. Our most sedate and phles-
matte citizens have been stricken
with pitiless severity by the prevail
ing fever, which, like the grim
reaper, is no respecter of persons.
1t assails all-young and-old and
with resistless force draws the most
conservative financier into the allur-
ing field of speculation. Land
which denied livelihood to the
most industrious goat has been COB
beld up at 500 and SI2S an acre.
Swamps which are too dismal to
afford an asylum to self-especting
frogs and where toads have actual
ly been known to die of chill and
fever are sought with more eager
ness than the gold-bearing soil Of
Colorado. And the end is not yet.
The ball has just started and the
music is the merry gingle of silver
dollars and the rustling of crisp
bank notes
Two local oil companies have
been organized and there is talk of
two more. On April as the Evan.
geline OH and Mineral Company
was organized with the following
officers: John Hahn, president;
Leopold Lacoste, vice president;
B. N. Corona, Manager; J. R.
Domengeaux, secretary; B. J. Pei
lerin, assistant secretary; Louis
Lacoste, treasurer. The board Of
direc tors is composed of the follow
ing gentlemen: John Hahn, l..
Lacoste, A. J. Leblanc, Alphonse
Mouisset, D. Schwartz. This com
pany, which is capitalized at Saoo,
900, has a number of valuable leases
among which is a tract of twenty
acres within short distance of the
Anse Labutte we'll.
Last Wednesday the Lafayette
Oil and Mineral Company was or
ganized. The following officers
were elected: Leo Judice, presi
dent; J. Arthur Roy, vice-president;
A. B. Denbo, secretary; S. R.
Paterson, treasurer. The dlrec-
tors are: Leo Judice, Chas. D.
Caffery, S. r. Parkerson, c. o.
Mouton, J. E. Trahan, r. O. Wood,
J. Arthur Roy, DR.. N. P. Moss,
A. B. Denbo, ]. G. Nickerson,
Judge John Clegg, ]. c. Lyons
The capital is 500, 200. This com
pany has leases on several Thousand
acres Of good land. A large trac
less than one mile from Anse La
butte and some very valuable leases
in Calcasieu are on its list.
Among the prospectors in Lafa
yette during the week were J. G.
| Lyons, State Senator G. w. Flynn
Geo. Wilt, Mr.. Frawley Of New
Orleans, Col. Sharpe Of Mississippi
Hon. Thos. II. Lewis and DR.. job,
Haas Of Opelousas, and 1. H ech
niger Of New Orleans. All hav
secured land i'm the "Butte' district
J. G. Nickers on, the local rea
estate man, informs US that. he ha
sold to J. G. Lyons 10 arpents Q