Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1907-07-20
Los ANGELES CAPITAL WILL
EXPLOIT NEW FIELDS
ONE COMPANY ORGANIZES WITH
A MILLION DOLLARS
Men with Check Books In Their Hands
y Are Buying Out Old Mormon
Settlers Who Control
y Locations

kilograms from the Virgin river coun-
try gay that men with check books ir
their hands are going over the country
buying out the old Mormon settlers.
Prices are going up rapidly, teams are
scarce, food must be shipped In and the
only house in Virgin City will not ac-
commodate one-tenth of the applicants.
st. George, the county seat of Wash
ington county, is a thriving settlement,
where accommodations are abundant.
This is forty mics from Virgin City.
Last nights Salt Lake route trains
from Los Angeles carried many pros
pectors and representatives of syndicates
to Lund, Utah, from whence these oil
men will go overland and by any con-
veyance they can get mold of to locate
on any open land near Virgin river.
Drilling will continue in the we'll of the
Virgin River company, controlled by
Rhyolite gold men, and the Timothy Spell
lacy we'll; while the we'll proposed by
the Harper rMontgomery-S -Schenck syndi-
cate will be started at once a standard
rigging outfit having been forwarded to
Lund.
One of these three drills is expected
to go down till a gusher is reached in
order TO determine actually the strength
of flow of which all surface and geologic
Indications point to the most remarkable
oil field in North America.
AngeIenos incorporate
AT a meeting yesterday of the incor-
porators of the syndicate which the
work of George Montgomery and Paul
w. Schenck brought into prominence the
name Los Angeles-Utah Oil company OF
California was selected. 1t is probable
that Police Commissioner Charles II. Full
Ter, who is president of the Pioneer
Truck company, will be president and
Paul w Scherck will be secretary-treas-
urer. The board of directors and incor-
porators will be Mayor A. c. Harper, who
is a director on bank boards and other
corporations; Police Commissioner Nath-
an Cole Jr., who is extensively interested
in sugar and other enterprises; Park
Commissioner William M. Humphreys,
realty broker; Councilman i. A. Gam
pitt, who owns a number of Oil wells ana
is an expert; George Montgomery, vet
eran prospector and brother of Shoshone
MONTGOMERY; Fire Commissioner Anthony
Schwamm, cigar merchant, and l. w.
Ga -dner, piano merchant. Ihs Will
probably be increased later.
Sherman-CIark Agent Goes
Representatives of the Sherman-Clark
trolley syndicate will send man at once
who will take ore or more automo piles,
shipping them by freight as far as
I.und These men believe that they can
make a big profit carrying prospectors,
around the oil lands helping them TO To-
cate their claims.
Adam Dixon Warner, the attorney,
sert a representative to the country last
night to lay out some claims for friends.
An oil operator named Pelham also
sent a confidential agent to Utah to To-
cate on some of the rich territory.
These are but forerunners or the rusn
which will leave Los Angeles in the next
Few days. Telegrams from Salt Lake
citv indicate that many oil men are leav-
ing there for the new El Dorado also.
Mayors Friends Busy
Late yesterday headquarters for the
Los Angeles-Utah company the pioneer
syndicate of Los Angeles to exploit the
Virgin river fields, were opened In room
o Rank of Commerce builulng First and
Rroadwav. The directors decided yes
+erdav TO sell about $4,000 worth OF treas
,irv stock in order to provide funds for
the initial machinery and drills when IN
tha+ country are an expensive PROPOSE
ton. ,ori
$50 many of our friends have mani
tested ar interest in the enterprise,
said Mayor Harper yesterday, that we
decided for the protection or the nve
original holders to form company. IVY W.
will organize with $1,00O,O0O at IL snare
The incorporators have the privilege OIL
taking treasury stock at 20 cents.
1--WE will satisfy ourselves just no"
deem the oil is to be found and IN what
quantities in order to make pipe ire
or other marketing arrangements
Mysterious Man In overalls
Most of Yesterday morning man IN
overalls remained about the mayors ofnce
anterooms talking to all who came VINO
had any business in connection WIN the
oil finds He did not give his name pu'
seemed well posted on the oil situatlon'
He said he was anxious to go to Utah OF
send a man there. He gained great
deal of information.
Then one of the mayors commission
ers caught a good look at him and whis-
pered to Secretary Herbert D. Kennedy:
'Why, that is G. w. Creager out there
in overalls. He Is the confidential man
for General Sherman and e. p. Clark In
all their land deals.'
And only little while afterward Mr..
Clark called to see the mayor.
Creager returned later wearing clothes
of fashionable cut, and frankly telling
his business, said:'
II wart to send man into the field to
find oul If the wells there are merely
freak wells or If there is really as much
oil sand there as they claim. They made
a lot of fun over one of our local oil
companies sinking wells out beyond the
limits, but the we'll at Rosemary proved
a good one.
1T go on the theory that oil men usu-
ally exaggerate the output of their wells,
and also believe that the railroads hold
the key to tie profits I want to be
shown"
The Best Roads
Secretary Paul w. Schenck of the Los
Angeles-Utah company said to him, an
swering inquiries:
"You can probably get team at Lundl
to take you to Cedar, about thirty-five
miles, the first day. Stay over night
there and early the next morning drive
to Fakerville, and then to Virgin City,
thirty miles farther. There is only one
house there.
''The first drive has good roads for an
but the latter half will be |
hard on any machine.
"There is no timber in the country ex-
cept beyond Lund, and the only fuel will
be what the wells bring out. A gasoline