The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-02

some time past, has Just returned from n
lengthy trip North and East and he states
that he finds the people OF the far-away
states gradually coming 10 n realization
that Texas Is the coming state for capital
20 seek Investment and be believes that
beaumont Is going to get q very large
share Of the capital when II does come,
lie was enthusiastic over the reception
he received at oil points where ne stopped
and thinks that the city is going 10 be done
considerable good by the travelling of such
people In those sections In the attitude Of
missionaries as II were
~
1t Is announced that Colonel j. NJ. Gurey,
Judge Reed and Messrs. A. w. Melton,
Joshua Rhodes and 7. II. Given will leave
pIttsburg next Monday for Beaumont, mr.
irving here on the following Wednesday.
No special significance is attached TO the
coming of these prominent oil men at this
time. 1t has been several months since
Co,onel GufToy has been here and he is
naturally interested in getting In and out
nj intervals to see what Is going ON and
how the company's work Is progressing,
and tho local people of the company think
that this Is ABOUT the only object of the
visit.
II ia barely possible TINT the trip just at
this time Is caused from the fact that ah
attack has been made through the courts
on some Of their most valuable leases, GOV.
erng part of Spindle ron Itself, and
they will have to answer the petitions OF
the plaintiffs In the case and prepare tc
defend 1t before June. Just what the re
suit of that litigation Is going TO De- OF
, course no one knows. The petition alleges
that the lease was made without the con
sent OF the parties suing or their repre-
scntativcs.
There are a great many other allegations
IN TIE petition and 1t prays for q canecila
lion of the lcnsC made by the Gladys CITY
Gu Gas and Manufacturing company and
Il in rcnlty the biggest suit In point OF
amount involved On the dockets. II was
filed several months ago, but has been drag
cnticn The option on the GLADYS CllS
IN opcrty Is snll to he held by Richard II.
! fdn,nnds and associates. as has been re
holtcA rome two weeks since, and th7y
| would he likrle to bc the bcnehclarles nov
should the suit terminate favorobiy to the
| plaintiffs
srit is likely TO be the cause Of the visit OF
! these prominent officials of the Guney com
pcny at thls time
Miss May A. Rice, who has been rnn
ming the Beaumont Oil Review, has sold Out
TO Mr.. II. S. Waite, prominent newspaper
! man Of this city. Mr.. Waite states thai
| he will run the paper on the same style al
it has been up to the present time.
~
! The oil exchange call was just littli
better In tone today than Yesterday and tht
sales took place In the following way:
| Manhattan, 80 shares at 4Sc.
| Big -Four. 5000 shares at Toe.
| Independence, 3CCO shares Mt BIC,
Independence. $4,000 shares at 3Asc.
Independence, 2OOO shares at 3hc.
Independence 4C00 shares Mt 3&c.
! National oil aud Pipe, SEQ shares at nc
Gold Eagle. 800 shares Mt l0c.
Cascade 7COO shares at 4Ssc
American oil and refining (old), lG
| sh1ics at l2l5c.
Anglo 5000 shares at &c.
Div dend, T2.5OO shares at lac.
Enterp Use. $50 shares at SSc.
Anglo TO00 shares at 2ihc.
Victor, 1900 shares ut 2l9c
san Jacinto l20O shares at l0lac.
Oil (. o. b. Glldys. .....,,........ IL