The daily tribune., 1903-05-27
HAS GOOD TERRITORY.
No Reason Why Blaney Oil Co.
Should Not Get Oil.

SnOulQ NOt Jet Oil.
The Blaney Oil Gas and Refining
company which has just heen ipcorDo-
rated under the laws of Arizona is
capitalized at sl0O. 600, the par yalne
Of the stock being 10 cents per share
This company has some Of the most
desir rable oil lands in the Florence
district, having twenty year lease
on the S. ". 4 Of s. E. d of Sec 20.
only about q half mile southwest
of the city limits There are several
pumping wells on each side of this
40 acres and the big gas we'll of the
United Oil company is on the corner
OF this land. There has been located
two large oil leads running from west
TO east across this tract and close to
the gas we'll, aud on one of these leads
the first we'll will be drilled
There are always. big bodies of oil
near where there is such a large flow
Of gas in this field. as the oil is in
fissure leads.
The other 40 acres is the N. Z. a
of N. W. "a Sec. l6, and corners the
Frazer orchard on the northeast. The
company has l0-year lease from the
state on this land. There is thought
to be several leads and three large
bodies of oil on this 40, near the
river. This same oil lease covers
Block G. and lots 8, 6, and in
block d. of the state addition on
Pixies Peak avenue north of city
limits This is also good oil land.
The company will adopt new plan
in the way of drilling for oil, and
that is to drill where the leads of oil
have been located and not where there
are none. For the last year the presi-
dent of the company has been watch
ing this new system of finding oil and
the predictions on ten different holes
drilled proved correct. Some were
dry holes and some got oil. but all
exactly as predicted.
The Keystone Oil company after
drilling several dry holes had the
president of the Blaney company set
stake for location of we'll and they
got good producer. But there are
larger leads yet that have not been
drilled on. He has predictions made
on five other holes now being drilled,
some will get oil while others will
not. Now, according to this system
there is unlihited quantities of oil
| here that has not been opened. II he
| has proved this system to be true on
ten wells without doubt, is it not
reasonable to expect that if the Blaney
company drills on one Of these large
leads that runs through its land that
it will get oil? Other systems may
tell the locality where there is oil
| but can't tell the lead from the
seepage; this tells exactly where the
leads are.
So if you are wise, buy stock of
this company. Office 1876 East Main
street with Fl. l.. Lutes.
| L.. BLANEY, President.
.. w BLANEY. Secretary. ,74-79
DR.. Watson has moved his Office
over Gibbs Jewelry store, with DR.,
Rambo. tt
Preparations are being made by
State Auditor Holmberg to sue the
American Smelling and Refining COM
pany for its fiat tax. The concern is
incorporated at 800. 600, 900, and the
tax due the state at this time is
$lS, sos. The company has not paid
any fiat tax since the law was passed
compelling corporations to do so.
The. ruling of Judge Carpenter in the
district court yesterday to the effect
that the United States Reduction and
Refining company must pay its taxes
before it will have any standing in
the court is to be used with good
| effect by the state auditor.