The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-06-21
JUAB OIL BOOM
BREAKING AWAY
Big Banking and Railroad In
tereStS Take a Hand-Lum-
Der Yard to Open.

As result of powerful interests buy
ing into the corporation during the past
few days, the board of directors of the
Juab Oil company has been reorganized
and other movements made by those in
terested in the Juab field which indi-
cate whooping up of things in the
new and promised land" of oil. George
{. WhitmOre, president of the First
National bank of Nephi, j. ii. Buert-
ner, district passenger agent, and +. A
Wann, general traffic manager of the
Salt Lake, Los Angeles & San Pedro
railroad, have been added TO the board
of directors of the Juab Oil company,
while F. w. Dunn remains as presi-
dent and general manager, with George
X. Raymond as secretary, as in the
beginning. This information was re-
leased from the cOmpany's offices in
The Herald building yesterday after
noon.
Not only have these parties bought
into the Juab Oil company, but they
have also bought into the Juab Town
site company, which was controlled by
Messrs. Dunn and Raymond, not only
because of their association with the
oil company, but because the railroad
ohclalS named are also identified with
a powerful oil company of their own,
and they are consequently deeply in
terested in the opening of the field and
building of the town, which it is call
culated Will be booming within the next
thirty days or sooner. The proposition
may be explained like this:
T. c. Peck, j. Ross Clark, R. E.
Wells, Judge j. p. COnroy, with Messrs.
BURNER and Wann, and possibly others,
hos -
moment, have organized the Geyser Oil
company, which is designed as a big
holding and operating company for the
Juab oil field. This corporation con-
trolls 10000 acres of oil lands in the vi
entity of Juab, and the two railroad
ofhclalS given representation on the
Juab Oil cOmpany's board were placed
there 10 represent interests that the
Geyser company has acquired in that
Banker Whittemore is there
on his own account. So much for the
deal that involves the Juab Oil COM
pany and which, by the way, will have
its powerful and up-to-date drilling rig
in commission by Thursday next, ac-
cording 10 word sent up by Manager
Dunn yesterday.
The Geyser company is also going to
put fine rig in the field Just as soon
dS II can De LANDED on the ground,
while Pennsylvania crowd that has
acquired holdings in the field east of
the Juab cOmpany's original well boring
site, is expected to have a rig on the
ground any day now. This company
should be drilling soon after the first
of the month, and according to word
that comes from Los Angeles and 9th
er points ii is going to be but a short
time until a number of other rigs will
be pushed into the field
AS an evidence that the townsite
is going to move" said Mr..
1T should be mentioned that
A. H. Letter of the local CONTRACTING
firm of Black & Letter is going to put
in lumber yard at Juab right away.
With everything shaping up for active
work in the field, a lumber yard is one
of the first things that will be urgent
ly needed, and Mr.. Letter has been
quick to grasp the situation and secure
ground on which TO locate it.
Things have been a little slow i'm
getting started in the Juab oil field.
but the guns are now being numbered
and the battle for oil and the building
up of a new commonwealth in Juab
county will be on in earnest during
the next few weeks"