upr000065 466

Ml*. E* Cm Renwiefc #4 of Section 31 la fairly good property fm «» purposes but tha W quarter of this section, o»n- ed by r. Cm Bplsm, la* we believe, amoh better water-bearing land. I law secured fro® »p. fplane a verbal 10-day option on this parcel at #66 pai* acre with an apprexioate am of 160 acres which would cake the price $9,800.* •1 discussed this proposal with Sr* Strong, who Joins m In recesstending authority to purofe&aa tha Splane paroal at tha price quoted, md tha ac­quisition of this acreage la In accordance with Sr* R* Cm Greene*a report, This will net only give os addition drilling land* bet dll also pm ?ant sale of It to others she might seriously drain oop present holdings • * and on October 21 wired Sr* Jeffers as follows •Sy letter Oot 17th and phone conversation diai fir* Higdon; Splane this ©owing withdrew hla vexb&l ootlon of 460 per more far m quarter Section 31, and ay further inspection of ground this morning Indicates without question we should Instead acquire Southeast quarter Section 31 own­ed by Pile and associate*. The latter is unquestion­ably in pronounced water ledge aid is recommended in Geologist a*ec*i**8 report ©at* 6, 1939, I tea Ho*5 sad Map #•* •Previously Pike would not split Ms 336 acres on Chaldea ton, hut In conference on ground this ©owing he has agreed to do so and we are offered the Southeast quarter of Section 31 at $80 per acre, which I recommend for iaacdlate purchase* An ask­ing Hr. Strong to advise you direct his eooourrenoe*" •Suggest no further consideration be dven purchase of Splane acreage actioned sty letter Oct. 17th# * Following receipt of adhorltatlon contained In Up* Jeffers J-194 of October $0, 1941, purchase was oo»oXud©a pursuant to agreement GW 3671 dated October 30, I960 with Messrs* X have been unable to locate any correspondence 1 Mr* Bracken *s me® concerning purchase ©f the Hitman §repe In Moveober 1937. V* H. Johnson Jy$£jkV