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upr000044-039
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Mr, E. 6. Renwlck #4 of Section 31 is fairly good property for water purposes bust the Sf quarter of tills section, own­ed'by f* 0* Splane, is, w# believe, smeh holt or water-bearing loot* I have secured fro® Mr, Spl&ne a verbal 10-day option on this parcel at #60 per acre with an approximate area of 160 acres which warnId mice the price 19,600** *1 discussed this proposal with Hr. .Strong, who joins m in recomending authority to purchase the Bpl&ne parcel at' the price quoted, and the ac­quisition of this acreage is in accordance with Hr. E* <$• &reene*a report, this will not only give us addition drilling land, hut will alee pre­vent sale of it to others who night seriously drain ou$ present holdings.8 and m October 21 wired Mr, Jeffers as follows *Hy letter Oct 17th and phone conversation with Mr, ftlgdom Spl&ne this morning withdrew Ms veihal option of 660 per acre for iw quarter Section 31, and my further inspection of ground this naming indicates without question we should instead acquire Southeast quarter Section 31 own­ed by Pile and associates* The latter is unquestion­ably in pronouartoed water' ledge and is recommended In Oeologist Greene** report Oct* 9, 1939, Item 80-3 and Map 6** •Previously PUte would not split his 330 acres on Charleston, but in conference on ground this morning he has agreed to do so and we are offered the Southeast quarter of Sect lean 31 at #30 per acre, which 1 recomtsend for isuedtate purchase* An ash­ing Mr, Strong to advise you direct his concurrence** •Suggest no further consideration be given purchase of Splasie acreage mentioned ay letter Oct. 17th.• Following receipt of authorisation contained is Mr, Jeffers* J-194 of October 30, 1941, purchase was concluded pursuant to agreement OLD 3871 dated October 30, 1940 with Messrs* Mke, Mchamee, and Orugin for amt of $8063,60* 1 have been unable to locate any correspondence in Hr. Bracken *c files concerning purchase of the Hindoo property in Kovember 1937. 9. B« Johnson