Clipped From San Antonio Gazette

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 - l ar- IDST CLOSED J, H, Adams, One of the...
l ar- IDST CLOSED J, H, Adams, One of the Purchasers of the Milton Tootle Tract in Presidio County, in San Antonio. MINING AND IRRIGATION FARMING PROJECT * * * ·:· · * · * *** * .]. H. Adams of Ardmore, Ohla- Imma. roim-soniing the Irulihoma *t* Trust compiiny, which a few ·I* jayy ago bulimia the Milton Too* lit; tract of ISii.OOO acres In tlic · Hio Grande valley, arrived in San ·if Antonio last night from Fort · W o r t h . Hi.- will t'° (ver t!u - b '« » tract of land he has just secured. * M r. Arlanis t-xpressst-d himself ·I* ay h i g h l y pU-asert \viih tho ^ f i n d predicts its immediate ·'f opment by tho Mic-rfjuiic interests ·$ l*y which it has been secured. s m n ; weeks t h i s c i t y sev- . The big tract of land changing i.« in Presidio county, extending for i n i i f s along the Hio Grande id \vt-st of ShafLer and south of Chlspa w i t h which it is connected by the of a line from the Southern Pacific San Carlos. The land also lies ylong tlie Kansa: City, Mexico iinQ Orient railroad. no\\ rapidly ncaring completion. The consideration for the big deal is placed at about $4 an acre. In round figures, it is $504,000. Thoie in the Deal. Tlic company securing the big tracl of land Includes J. K. Dexter of .1. H. Adams of Kansas City and Ardmore, and F. L.. Coffinan of Ardmore The land will at once be developed RS U coal m i n i n g , and irrtt?ation proposition. The tract will be thoroughly irrigated by water from the lUn Grande At thft same t i m « m i n i n g ;iOOO acre strip w i t h a six-foot coal w i l l be developed by the Tootle and the purcliasc-rs. This coal deposit is said to be one of the most valuable l! gone to JJ. itate. At one t i m e its was begun by a Pittsburgh coal syndicate in which 1-1 n. Hirriman Is to have had an interest. This was 1S1I2. A line was built from the Southern Pacific to tlie ' coal Held, but thft panic of 1893 slopped operations. A Siitj.OOO royalty was paid annual!} i he Pittshurg capitalists for m i n in rights. Both to t h e Southern Pacific ami t h e many ore smelters in (he district thp coal dt-posit will be of great m i v a l u e . Mr. Hai-iiinan is a w l f « ; i h t * Tootle bank ;it s i u t o m o b i l t - I The tract t o u r i n g cur. j tu-nien and was n n and oth.-r j before, its development irriKatinn. It was ;it one t i m e property of Kaymond it Co.. w f t l i lerss u.t Austin. g a

Clipped from
  1. San Antonio Gazette,
  2. 15 Aug 1908, Sat,
  3. Page 4

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