The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-13
IGREEMEN1 REACHED
,.,umcnt Situation viii Not
b Aired in Court.
| -, HAVE BEEN KEPT SECRET.
,..ise is Now Nearly Equipped
fsf 'T.,ks--The Officials Paid
W y Visit to the Field.

rsras. June 12.--1t now looks
ss''' Nor question on Spindle Top is
tp 10 aired in the courts and Will
y, 's 50 far as the Lone Acre company
sue@ nv an agreement that has
ssl. "a into between the representa-
s1'... Company and the safety com
y. ". was organized last year for the
r ~ - q the field. Last night a secret
10Y. =, peld and Secretary Childress.
Y. Z !, would give out nothing definite,
W., II would be amicably settled
~ ~ ~ courts would not be given a
p ar the matter in an open trial.
~ w. evidently made some agreement
4 !, company which will permit them
ant on their property on the
gstl living certain safeguards around
EN ~ committee deems necessary
4 d protection.
,.,m,r company is sending large
!. RopIe. Arlz., for the purpose of
more tankage for the Southern IA
sUs' .,nr At that point. The company
WI vi rapidly installing the tankage
,lmost the entire system Is now coy,
RI y, ,5V coal will soon be tnlns OF une
~ ny NJ IN me Sunset lines. The engines
" song ~ are giving excellent service
w 'nc OsIncers are rapidly catching
p W. ~ irregularities and are learning
fM h m II to the best advantage.
" = nS engines are being rapidly
~ issunrd The big steammakers pass
flssu pasrrnont now with oil burners
|tqsa sn with coal. The officials OF
Etfs'l s ssp Pocifc were here today. They
L S s.s. observation car in front OF the
|rieo 'I W-ben ,hev nl!chted here they i'm
l,E hsyan talking oil and looking
.,,,P a,velopments Of Beaumont from
~ W. ..nndnolnt. They took casual
Z on TN" the field and were surprised at
~ .sl growth in that vicinity since
4 ,En't l nsncction trip. One of the sn-
~ ,. ~, stated that the railroad nus,
Y uny reaching the stage. where II Is
s..,n,a 10 he on the road IN priVhte
.Asrcas until Beaumont oil came lntn
Ia use he WAS the most put out Wneu
AZ rad The cinders made NE mlser.
H IN him and now that they are gone
1, feels easy.
~
...o.bolders' meeting of the Gober on
|,-..y was held and the following direc
y, r.,e elected: Or. ]. NJ. Gober. T. Il
h,,r,s Or. s $. Sutton, George W. Car
I'M Dr. ]. Davis Gober, George e. Hart
|T,u, S Brush and $. Lusby; inc a. a.
WV, meeting was then held and th'
Es S..r, oricers we're elected for the en-
EI wv rsar. DR.. ]. Davis Cover, president
~ 49, + Hart. vice president; Walter ,
pu', socretarv. and S. Lusby, treasurer
|ysv,rd L. Murphree was appointed II
|ritaser,
n, Higgins oil and Fuel company
,,,uI,rly Installing all its tug line VIII
,rr,rs for use on the river and at sea
s,,,utshdent w. 4. Meagher of the HE
|sas ronngny has given the matter tnol
,,A lest and finds that he can use the fu'
HI In his manner to great advantage
\
President Wilson of the National supp
m,r,uy seems carried away with the pro-
,,ts Il the city aud Is also highly please
Viii the prospects OF continued deveiol
r,at In the oil fields throughout Southeh'
lens and Southwest Louisiana.
I
LR Mastarson has filed his answer
he contempt proceedings with which
sands charged. This Is a case where he
,nssed to have violated the rules for u
reservation Of Spindle Top.
~
TAge we're more than 100000 shares
stoS sold on the exchange this morhin
bit they were confined to few compahle
II, transactions are as follows:
(old Eagle. $3.50 shares at 1oc.
BEAUMONT O. and NJ, 20, 100 shares at
dependence, 5000 shares at Be-
Dividend, $1,000 shares at 1c.
dependence. 500 shares at 2i2c.
w. X and T.. 5000 shares at lOc.
Driers, 100 shares at Sc.
Con,Nat, 1850 shares at loc.
on 4 o. h. Gladys
~ l',,..-s.-,.'.....'. .'''''' 49, +,
No z In tanks. .......'..''''''''