The daily morning oasis., 1919-09-09
SENT OUT TO SPY
Continued From Page 1


daily, that being also 5000 feet in
depth.
These holdings of the Arizona
Mexican Oil & Refining Company
have appreciated steadily in value
ever since this corporation acquired
them. and today they can be sold for
more than half million dollars
5000, 100000 cash being the size of a
sum the corporation has refused for
its ground. Without striking pick
this valuable increment has accrued
from the eligibility Of the ground
and magnificent development upon all
sides.
The company has sold considerable
stock in Hermosillo, and other cities
on the West Coast of Mexico; and to
reassure the parties interested Gen
eral Plutarco Elias Gales, who is al
SO shareholder, has rendered to Mr..
Bowman. president of the Arizona
Mexican Oil & Refining Company,
the services Of one of the
Most Eminent Biologists
In Mexico, Ing. Tgnacio Paredes, field
geologist for the Department of In
dustry, Commerce and Labor in the
federal government Of the republic,
who will accompany the party if he
arrives in time to join them; as he is
coming this morning on motor car
from HermosiIlo. Should he be late
in reaching Nogales, Engineer Pare
des will follow the party on the first
train.
The report of Mr.. Paredes will be
for the particular benefit of those.
shareholders residing in Mexico; but
it will be available to all shareholders
and to all contemplating taking stock
in the enterprise.
Among other objects Of the visit of
President Bowman, and Secretary AL
verez with Nessrs. Bracey Curtis and
J. M. Paredes at this time is to pass
upon q big contract proposed for
drilling wells upon the company's
ground, which>of itself is a
One Million Dollar Proposition
And is to drill eight wells at var
ious points upon the main tract of
forty-five acres held by the company.
This proposition is made by one Of
the heaviest drill contracting con-
Germs in Texas, with ample means and
facilities to carry out any and all un-
dertalings. If the contract is let the
contracting company will pay all cost
Of drilling and purchase of holding
tanks, pipe line, ETC., and do it on
$3.50 per cent basis. It is considered
an excellent proposition; yet the Ari-
zona-Mexican Oil & Refining Com
pany will not go into the scheme
blindly. For that reason Messrs.
Curtis and Paredes,. with President
Bowman and Secretary Alvarez, four
of the best business men anywhere
along the border, have been selected
to investigate the proposition very
carefully; and if the four excellent
business men mentioned decide it
good one for the company and share
holders, whose interests are confined
in them, Messrs. Bowman and Alvar-
ez, as president and secretary of the
corporation will close a contract, and
drilling will begin at the earliest mo-
ment possible.
Should careful investigation by the
gentlemen named satisfy them that
such a contract will not be for the
best advantage Of the company, it
will be passed up, and contracts will
be made with competent drilling con-
Germs to drill one or two wells on ac-
count Of the Arizona Mexican Oil &
Refining Company.
Then, whatever the event upon the
eight-well proposition, a contract
will be let to sink we'll for the Ari--
zona-Mexican Oil & Refining Com
pany upon another tract of five acres
which that corporation has acquired
but recently at q
Very High Price
That tract is in remarkably good
territory, surrounded on all sides by
producing wells and without doubt
one OF the most desirable OIL land
tracts in all Texas. 1t is this tract
that is so close to the Skelly-Sankey
well a1d the Comache Northern,
mentioned in a preceding paragraph,
each flowing 5000 barrels daily.
The Arizma-Mexican Oil & Refin-
ing Company is home corporation,
organized by Nogales people, and