The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1901-11-22
TEXAS FUEL OIL co
A Mankato Organization That is Now
NowReady to do Business.
1t Has Valuable Holdings on SpindIetop
and Other Texas Oil Fields.

The recently organized Texas Fue
Oil company, with headquarters 10,
Gated in Mankato and Differed by some
of our best known and most highly
respected citizens and business men,
is now ready to place it's stock--upon
the market and it would seem every
way proper that brief statement of
the facts connected with this organiza-
ton be given to he public. In these
days of great speculative ventures and
at time when men with means to in
vest are importuned upon every side
to take stock in this and that concern,
the cautious investor must know
something of the men, who are at the
head of the corporation, as well s-as
somes-information bearing upon the
value of the stock offered for sale.
Texas has become famous for the
wonderful gushers of oil -. that it has
produced within the past year. The
property secured by the company here
referred to embraces holdings of two
tracts on Spindletop, and in addition
to..ssthese..-- has holdings at Saratoga,
Sour Lake, High Island, Big Hill.and
other points, in all over 5000 acres.
This property was not secured until
twosmost-. thoroughly --..competent....men
from. Mankato had been sent to Texas
and.. made an,exhaustive examination
of all the....tracts included in the pur
chase finally consummated after the
report of the committee was made to
those contemplatings-the organizati on
of company. Upon coming into
possession of all the facts the company
was formed, in most careful way,
Differed by splendid men and backed
by board of directors of strong bust
ness ability. The president of the COM
pany, Doctor I. D. Webster, is resi-
dent practitioner of Mankato where he
has resided for many years. He is
a cautious, conservative gentleman in
all matters pertaining to business, is
thoroughly reliable, and enjoys the
confidence of all who know, him. For
several years he has bssn a ditector in
the National Citizens bank and also in
the Citizens Telephone Co., and his
associates in both institutions hold
him. insshigh esteem.
Robert Lamm, the vice president is
a son of one of the weaIthiest and
most highly credited business men in
the city, and is himself gentleman
of strict business integrity. He was
born and reared in Mankato, and evil
dence of his thrift is found in the fact
that he has built up an enviable bust
mess in the wholesale and retail drug
line
J. r. Brandrup, the treasurer of the
company, is the president of the Man
kato Commercial college which he es-
tablished here several years ago, and
largely through his business sagacity
has this educational institution grown
to be one OF the strongest and most
pOpuidI III luo COuuGTy.
A. E. Clark, the secretary, is an at
torney of note, shrewd, thorough-go-
ing gentleman who ranks high among
the members of the bar in Minnesota
W. L. Hixon, director, is president
of the Mankato Mills Co., a director
in the Hixon company of Lacrosse,
Vic op5 q oopt1ornop of Iorpo 6ooo
cial interests. He is one of the strong
business men of Mankato and will
prove strong on the board of directors
of the Oil company.
Ed. Weaver is also director. Mr..
Weaver is at present county auditor
and is business man of worth. He has
held several important positions of
trust and responsibility and has always
acquitted himself with great credit.
Col. Gus. Widell, the noted stone
contractor of this city, is also con-
nected with the company as director,
and his well known business ability |
will be exercised in the advancement
of the interests of all stockholders. |
MIR. Widell is member of Governor
Van SAINTS staff, director Of the Ma
tional Citizens bank and member of
the Public. Library board. AS a saga
cious business man he ranks among the
strongest in the state.
Willis H. Manley, secretary treas
urer of the Manley g Ball Manufac-
turing company of Minneapolis is
director and strong business man.
These, in brief, are the men who
have the management of the Texas
Fuel Oil company, and we submit
that it would be hard to find an equal
number of gentlemen in this section
better equipped to carry the business
to a successful issue or whose names
would go farther to give the public
confidence in an investment enterprise.
Not until now has stock in the COM
pany been offered. The officers and
directors would not put a dollars
worth of stock on the market until
they could say to investors ''We have
our machinery in place and are drill
ing for oil. - This they can now truth
fully say, for the drill was started to-
day and nothing will be permitted to
interfere with a vigorous prosecution
of the work. The object of the COM
pany, unlike many schemes put before