The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-27
NUCH IMPORTANCE
/. w 10 The Latest Suit Filed
he Beaumont Field
.,,,pANTs ARE NOT WORRIED
!, o,o.Oeotive Ll.ipstion--A BIC
tw uiooins Stock Was Made
,ta High Price.

..,ot Tsxas, June Zo'-lne fost cor.
s,sed many representatives. OF
49, N companies today what was
s.,rsl opinion of the dig is SUIT ,oi alca
.nd IN most cases ills not looked
i'n -.,,ously as would at iirst be
mo Of the leading property hold-
Ed that for his part he did not
F mid amount to touch and That
\ i, Of the largest owners supposed
|, ,ssctsd. An attorney for ono of the
~. stated that he took a dliierent
~. : ne case from that given in fne
4 18th the plaintiff attorneys,
FN ans well aware that there are
~ sides to law suits. On the
" ,,rsver, the suit is not regarded
,-oortant light that the large num-
.,,sndants would indicate, though
AZ is certainly very valuable aud
,,.,,Icu will be fought through If the
H1s.r,,ons Of both sides are main
)yN rs,.orrov morning the hearing on
~ i.rshIn mart of the case Will come
! ,asrtion of the testimony Will be
~ thnt time. II VIII not be the
f.tpsa .s a. attorneys nor OF the court TO
", ~ the details of the case at this
NV i Sn, JndCe Martin Will simply go
pHE ~ ~ determine whether the cur
isOusa INC merits of the case are
nv sssvh 10 warrant the appointment
~ 'hy .sr large number Of witnesses
go hand TO testify in the morning
~ thnnrht that at least two days
Y ,.arired to determine the receiver
n eater ~
..,,,r committee has held a meeting
N assist Judge Martin in getting up
Ell n opinion on the Lone Acre case
4; Nil serve as substitute injunction
!, ,,ke the place Of the other one.
q. A.. eme knockers here who are
|.a,srlpg to make capital out OF the
I.,,, Of the Judge when it was really
ad.ou in keeping with the agreement
IA, entered into between the Lone
n company and the safety committee.
n natter will be submitted to Judge
Nm in the next few days and he Will
\ srobaby signify Just how he wants
1 srittsn natter drawn up and 1t vii!
rhuud In keeping with the oral opinion
EvrM day before yesterday, which ap-
IN s1rlnsirely In The Post Immediately
ityipf It, delivery by ludss Martin.
hrasrt penman, Of the Penman feel
I lrn works, has gone to California to
ret the work which his company Is
biz Il several places along the line of
i Southern Pacific. Mr.. Penman, before
I'M, stated TO The Post correspondent
Il s was well pleased with the gen
4 ambitions Of the demand for tankagc.
! company Is loaded down with orders
i cin not take on many more until
n can see their way out as to the steel
rrJ IN the North and East. They have
ccstracts for the Southern Pacific. the
au OIL and Refining company, and the
~ Star and Crescent Oil company, that
/ nov crowdlng them.
\ ~
! wtibls sale was made on the OIL
tslass today. It Is not so much of In
" because OF size but because 1t came
IN upward market and was a company
II las no stock for sale itself. 1t was
ME Of 100 shares OF Higgins OIL and
b cmpany at S61 share. The price
lstday was S64 and the day before II
! VS. and today at an advance this
spsfatlyely large transaction came along
demonstrated the good tone of the
NET and the healthy conditions of the
1slds regardless of the fact that the
arkS weather taxes the very life out
x people who have moved here from
aWta Other stocks are doing nicely
ne exchange also, and the general eX-
enilM OF the lockers Is that much bet
madltlons will exist all along the line.
~ contractor started on the hauling of
IsHil to the field for the pumping
Us o. the Alamo oil company and the
OIL and Fuel company. The In
lucas Of these companies in this dlrec.
were published In The Post two or
no days ago.
~ tse Of j. j Cypert VS.. d. r. Beatty
"a Accarty was called up for trial
morning and both sides announced
ny but some Information or matters a
" und came up and one side withdrew
announcement and the case will 60
!. untll the second Monday in Septem-
Z I, AsSn Is the next term of court. The
w w. involved are oil men and the suit
w = tract Of supposed oil land in
~
I ia'efesting matter is coming up on
e'ass, July 3, with the commissioners
sooard OF equalization. They have sent
~ 70 the oil companies to appear be
.as court and discuss with mat body
sNtn Tor arriving at the taxable wealth
, sHaue Top. This is a much harder aud
!, problem than II would be taken tr
Is.n sight. The question that il hard,
.--nere lhe leases provide for the land