The Leon reporter. (Leon, Iowa) 1887-1930, 1909-02-04
Figuring on Coal Shaft at Gains.
willie.

The latest information which we
have every reason to believe is authent-
ic, is that plans and specifications fora
shaft have been sent to Mr.. G. w. York,
the core driller, with the request that
he make an estimate of the cost. MIR.
York left last week, for Nashville,
Tenn, to consult firm of engineers,
and will submit his estimate to the
company as soon as it can be prepared
We presume this, with probably other
estimates, will be considered by the
board of directors of the company be-
fore any contracts are let.
ANOTHER OIL WELL POSSIBLE.
Mr.. G. L. Beam, an oil operator, CT
BartlesviIle, Okla, has visited this city,
two or three times recently, to look
over the country with view of drill
ing deep we'll provided he could Sc
cure Sufficient acreage. Finding the
land in the immediate vicinity of the
city practically alt leased to other
par les, the greater part being held by
the keystone Oil and uas Co., he made
them Il proposition to develope part
of their holdings if they would turn
over 1900 acres TO him. The company
is said to be favorably disposed to do
this, and we are told that the company
is now considering the matter. In case
the C, mpany and Mr.. Beam are able to
agree upon terms, the coming summer
will DOUBTLESS see another oil we'll drill
ed in this vicinity. Development is
what our people want and all will be
glad to see any new development that
may be made.
CORE DRILLING STOPPED.
Both core drills have been idle the
past week or two chiefly on account OF
cold weather. W. II. Brown who has
been core drillin: Oh the Stanley land
southeast Of town, reached the depth
specified in his contract the latter part
of December. The showing evidently
was not all that the company desired
as he has been ordered to drill down
seventy-iive feet deeper.
York Bros, who have been core drill
ing southwest of town, completed their
second hole and moved to core hole No
l, drilled by A. G. West 4 Son, for the
purpose of cleaning the hole out and
going down to the level of the other
holes the Messrs York have drilled
For some cause they were not able tc
clean this hole out, and are now wait
ing for orders. The York holes We
understand, have shown up we'll.
The News has always felt that the
Keystone Oil and Gas company were on
the level in their operations with oul
people, and the Developments noted
in these columns from time to time
confirm the opinion we have held
The company seems to be pushing the
work here as rapidly as circumstances
and magnitude of the undertaking vii
admit.
COAL BOOM JUST STARTING.
Ina letter RENTING for The News
another year, MIR. James Brann, O
Warren, Pa, says that the coal boon
here is just starting and that GAINESVILLE
is bound to be busy, thriving city, anC
he thinks that we will sometime see al
oil boom not far away.
Mr.. Brann is now at Bartlesville
interests. He made lengthy STAY
here while the Oil well was being
drilled and was chiefly instrumental il
securing the large number of lease.
held by the company, and when it wal
organized he was one of the largest in
dividual stockholders. Mr.. Brann is
very pleasant gentleman and mad,
many warm friends during his sta.
here, to all of whom he desires US to ex
press his kiDdest regards.
Cainsville's future is certainly yer,
promising, and those wishing to max.
an investment or to engage in business
should investigate the opportunitie,
that are presented here. GAINESVILLE
News.