Los Angeles herald., 1907-10-06

and issuing second. The committee Il
informed that the distance of the land
from Fresno Is much more than % miles
but this was not corrected in the second
edition.
Mr.. Peters admitted to the committee
that not only were wells not being drilled
on the land in question at the time OF
the issuance of either edition of the plat
but that no we'll is yet being drilled on
the property. He stated, however, that
he was negotiating with well driners to
put down a we'll. Since the investigation
commenced he states that he has em-
ployed a driller and purchased machinery
for drilling and that he will go down 200
feet or more If necessary.
1t appears that no. contract to supply
water was made when the land was sold,
at least to the earlier purchasers. Peters
states that he has lately informed pur-
chasers that he intends to develop water.
Purchasers have stated at the office
of the realty board that Peters assured
tnem that the construction of the West
ern Pacific r.. r. through the property
is absolutely assured: some of them say
that he told them trains would be run
ming In two years; come say hat later he
told them that trains would be running
by Christmas.
Changes Circulars
1t seems evident from the above that
Peters advertised and sold land in Fresno
county at least Is miles from railroad
station on the representation that five
acres of 1t would earn a living for a
family; on the representation that wells
were being drilled on the property and
that water could be obtained at DIST edi-.
tion OF circular) from Is to ~ feet; (secv
ond edition OF cireu,ar) at from 40 to.
f..at I.,st ~ ~ hafs
drilled and that only since the investi-
cation comenced has he employed any
one to drill a well.
The committee cahnot too strongly de-
precate Peters action in publishing such
matter and selling land on
such representations.
There appears to be no dispute as to the
quality of the soil providing that water
in sufficient quantity and quality for ir-
rigation can be obtained. The question
of its value would then largely depend
upon accessibility to- market and cost
of pumping water If found.
The conaittee after interviewing Mr..
Peters, awaited at his request his return
from visit to Fresno and to the land.
On Thursday he having returned, the
heard statement from him
and in the course of this interview he
offered to place in the hands of the COM
mittee a sum sufficient to drill q we,! and
develop water for irrigating the land and
further to agree to return the money
paid purchasers of the land in case
water should not be developed. The
committee after considering this PROPOSE
lion decided that it would be for the best
interests of all concerned that action
along this line should be taken substitut-
ng a trust company in place of the COM
nittee to handle the funds. Mr.. Peters
however, that this plan was
and made the following
which he states he is willing
% fulfil at any time:
Gas I have already informed your COM
littee. l am willing at any time to re-
urn his money to any purchaser of land
who is dissatisfied. | have already pur- |
,hased a complete standard well drilling |
,utfit, to be moved and placed on the |
at once, and / am perfectly will |
ng to pay over to the Central National |
m. sum of money sufficient to repay !
Ill pur, Aasers of land in this tract the |
money which they have already advanced |
o me, and the same to be held by said
rustee upon the following terms:
First, will prepare and have forward
ID either through you or the trustee
complete statement of everything which