PETROLEUM PROSPECTS.

Taranaki Daily News, Volume LII, Issue 355, 5 April 1910, Page 5

PETROLEUM PROSPECTS.

KXMJSIt CAPITAL INTERESTED. PERMISSION TO LAY PIPE LINES. Messrs. Wat Kins and Fox, of New Plymouth, oil brokers, yesterday placed the following application before the Taranaki County Council:—"As we expect very shortly to have companies boring for oil in your district, we would like to ask your lionrd whether you would give permission for the laying down on any part of your thoroughfares of a pipe line or pipe lines under the road and across any streams. It might possibly lie necessary to pit)e oil from the seat of operations to the harbor. Our clients at Home (England) would like to have your consent in this matter. We might inform you that such pipe lines would not be put down on the main thoroughfares to interfere in any way with your present macadamised roads—that" is. with the exception of any parts where these pipe lines would have to cross any road*. We guarantee, on behalf of our clients, to repair and keep in order any part that might be damaged. It is usual in all countries of the world for these concessions to be grunted. These pipe lines are generally put underground at the side of the roads, and therefore are no menace to the traflic." After a -short discussion, in which individual councillors expressed the opinion that the -Council should welcome the in,lux of capita! to work the Taranaki petroleum Ileitis. A resolution was carried that Messrs. Watkins and Fox be informed that the Council will put no obstacles in the way rtf pipe lines, provided the Council's interests are safeguarded.