The Chanute times., 1903-09-11

The Success Oil & Gas Co., is near
ly one year old. 1t was organized ir
September, 1902, by some of the best
business men of the West. Its first
president WIS Judge w. L. Gross
one of the leading lawyers of Illinois
a resident of its capital city DR.
| James Bond, noted practitioner Of
Chicago, was first vice president and
L. L. Stevens, of South Dakota, sec
ond vice president. Mr.. Frank W.
Aldrich, cashier of the we'll known
banking house of Aldrich & Son, at
Mclean, ILL.,, was secretary. The
treasurer was Mr.. w. R. Parsons,
for thirty-five years an extensive man
ufacturer in Chicago of hardware
speciaties and sewing machine at
tachments of his own invention The
board of directors include the above
named gentlemen and the following
business men, Mr.. d. N. Fung, Of
Funk Brothers Famous Seed House
at Mclean, ILL.,, growers of seeds,
breeders of fine stock and extensive
agriculturalists; DR.. J. B, Dicus, of
Chicago, skillful dentist and pro-
prietor of the Chicago Dental Par
lors; Mr.. F. A. Parsons, of Kansas
City, Mo, retired banker, ranch
man, hardware and implement dealer,
and all-round business man. He has
been a resident of Kansas City for
twenty-three years and during the
real estate boom was successful
townsite promoter-laid out and help
ed to make three county seat towns
Scott City, Leoti and Tribune. Mr.
F. J. Casey of Bloomington, ILL.,, the
promoter of the company, who has
organized more oil companies than
any man in the field.
At recent election Mr. Aldrich
was made president, w. A. Parsons
secretary-treasurer and F. A. Par
SolS, HClu llldHdSCl
The company commenced business
in Sept, 1902, with 2,4oo acres Of
leases in the Chanute and Humboldt
fields wholly undeveloped On the
Perrenoid lease near Humboldt, Mr.
Z. L. Gross, the field manager, had
seven wells completed by April Ist,
every well a good oiler. Mr.. Gross
resigned at that time and Mr.. F. y
Parsons took charge of the field oper-
ations of the company
Three more good oil wells have
been drilled on the Perenoid lease
and pumping plant which is mod
el of completeness and efficiency, has
been installed there and the company
has 1000 barrels of oil in their tanks |
ready to run on completion OF the
pipe line
The Success Oil Company has been
a prioneer in the development and
extension of the oil field. At the
July meeting it decided upon the de-
of its various leases.
Under the active and aggressive
of Mr.. Parsons drillers
were secured and at one time he had
six rigs in operation. Not one of
them being delayed at any time dur
ing the casing famine for lack of ma
terial to push their work
The result of this work is that in
six weeks I,I5o acres of additional
leases, heretofore a sealed book of
hidden mysteries, have been forced to
yield to the action of the sledge ham
ner drills and disclose the secrets
ocked for centuries in the rocky
iastness of the earth and give up,
with a gush and roar, the values
If wealth for which men toll.
Ten wells have been drilled on sew
IN new leases in the Humboldt and
~hanute fields without failure. Nine
good oilers and a three-million gas
we'll have been added to the assets
of the company in so short a time,
with assurances that, at least Two
Hundred and Fifty other good wells
AN be drilled upon the leases thus
proved up.
Mr.. Parsons has been the fortunate
locator of these new wells. How
was it done. He says he did not fig
ire on oil trends or lines-that he
ust went out on the leases that the
owners and the company wished to
nave developed, measured off the To-
cations with reference to future op-
eration of the wells, to have them
for the pumping and fill
1ut right to the boundary of the
ease without crowding the line. We
ire induced to think he exercised a
of the greasy, black-art or
lad tip from the Brownies; but the
horseshoe will be nailed over his