The broad ax. [volume] (Salt Lake City, Utah) 1895-19??, 1906-12-22
PITTSBURGH PEOPLE INVEST IN
BLACK DIAMOND DEVELOP
MENT coMPANY's STOCK.

| AT the special stockholders meet
ing of the Black Diamond Develop
ment Company, held at Bethel Church
in November, Mr.. Henry Jones, who
was sent by Pittsburgh stockholders
as a delegate to this meeting to rep.
resent their interests, invited the
members OF the Board of Directors OF
the Black Diamond Development Com
pany to visit Pittsburgh and give his
friends a chance to purchase Black
Diamond Development Company's
stock.
In accordance with this invitation,
DIR. A. Wilberforce Williams, Rev. A.
]. Carey, L. L. Jones and bred A.
Wescott left for Pittsburgh on Tues
day December 4th.
A meeting had been arranged for
Thursday night and was held in
Ebenezer Church, at which time each
Of the Chicago delegates delivered an
address, outlining to the people the
history of the Black Diamond Deyel-
opment Company and what it had &C.
complished during its first year Of ex-
istence. The other speakers of the
evening were Rev. Willis W. Brown
of Ebsnezer Church, Rev. ]. NJ. Town
send Of Wylie ave-, Church and Rev.
|. S. Lee, all OF these gentlemen, in
glowing terms, vouched to the pub
lie as to the reputation of the Chi
cago visitors and as each one of these
gentlemen had personally gone over
the proposition prior to this meeting
and had satisfied themselves to such
an extent that they had purchased
stock for themselves in the Black Dia-
mon Development Company, they
were able to advise all the Pittsburgh
people to buy all the stock they could
AFFORD to; as the proposition was prac-
tically new to Pittsburgh people sew
eral requests were made at this meet
ing for personal interviews later in
the week. The requests were gran
ted, and DR.. A Wilberforce Will
liams, l. l. Jones and Fred A. Yves
colt remained in Pittsburgh for 10
days, having as their headquarters the
parlors Of the Colonial Hotel 1900 Wy
lie ave-, were all visitors were recelv-
ed and prospective buyers Of stock
were given an opportunity to go into
details regarding the Black Diamond
Development Company.
This visit to Pittsburgh resulted in
the Chicago men bringing back sub
scriptions for several thousand shares
several Of which ran as high as $500.
AS the delegates are all business
men in Chicago and are unable to
leave their several Offices for any
length Of time the Chicago people
will be given an opportunity to pur-
chase what little stock there is re-
naming unsold.
Chicago people should certainly not
allow outside cities to come in and
take advantage of Chicago's good op-
portunities, when II is first offered to
Chicago people. II Chicago's reputa-
ton is to be sustained in knowing
a good thing when they see it" the
balance Of this stock will not be al
lowed to be circulated in other cities.
The Black Diamond Development
Company paid every dollar it owed
in the world on November 1st, and
had completed the payment on its
property and all Of its contracts.
They have entered into a contract
with the Standard Oil Company for.
the sale Of all of its gas for all time
to come. Since Nov. 1st they have
increased their holdings from so
acres to $50 acres and have let a
contract for the drilling Of rs more
wells in addition to the five wells al
ready drilled in their property.
The pipe line will be connected to
the Black Diamond Development
Company's gas wells on Feb. 1st, and
there will never be another share Of
stock for sale by the Company after
Feb. LIST. as the income from the sale
OF gas will be sufficient to pay for
all Of the new property and the drill
ing Of rs wells besides paying good
dividends to every stakeholder.
Any member Of the Board of Direc-
tors will be glad to offer you all the
information pertaining to stock In the
Black Diamond Development Com
pany and furnish you with any of
their literature. such as reports on
the property. maps, etc.