The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-03-19

HON. S. J. STEWART.
sale of stock was used in drilling wells
and they are using all stock money for
further development. When the pipe
line is completed to Kansas City and
the Standard able to take the entire
output of these fields, this company
Will have a very large revenue and pay
large dividends to its investors. The
personnel of the company is
Hon. S. ]. Stewart, president; J. NJ.
O'Brien, vice president; E. T. Mendel,
secretary; w. A. Byerley, treasurer.
Directors-S. ]. Stewart, ]. M.O'Brien,
]. S. Lehman of Humboldt, Kansas.
Thomas McGannon, Humboldt. Kan
sas; T. A. McNeal, Topeka, Kansas;
D. E. Bush, lola, Kansas: L. L. Steph-
ems, F. A. Stephens. B. ]. Binford, of
Pierre. S. D.
The Humboldt National.
Incorporated under the law of Ari-
J. M. o'Brien. PRESIDENT; D. o. Nc
Gee, vice president; F. D. Culver, Sec
rotary; w. A. Byerley, treasurer.
Direetors--J. NJ. O'Brien, d. o. Nc
Gee. w A. Byerley, IA S. Jones, AL
bert Coe. --sr- T
Hon. S. J, Stewart. ].
NJ. o Rrien, L. 5. Jones, w. A Beverley.
Allen. o. c. Payne, F. d. Culver of
Humboldt. Kansas; D. C. O'Brien,
Cincinnati. Ohio; Albert Coe. Yates
Center Kan: Chas. e. Pickins, Lebo,
Kan.
Capital stock. $1,ooO,oOO. Fully paid
and worcestershire.
This company has 100000 worth of
shares to be used for the further de-
velopnent of their holdings This CON-
pany has only been organized since
May 1, 1903, and has sunk seventeen
wells and never struck dry hole. The
Humboldt National has invested over
$4,000 in laying gas mains. They sup
ply practically all the oil companies in
their field with gas for the pumping OF
oil and the drilling of wells besides
which they furnish the refinery with
gas for its operation. They also have
contracts with the new ice plants and
several manufacturing plants for gas
The revenue derived from this one
source amounts to over $4,000 per
month and their oil wells are now pro-
duciner over 5000 barrels monthly with
two of the wells to be hooked up
The company has the Independent gas
the amount of that of other companies
in the field. They are in a position that
enables them to furnish gas at nomi-
nal cost to any manufacturer.
Humboldt National Oil and Gas Co.
This company controls 1900 acres Of
leases on oil and gas lands and the
policy of the company has been to use
all the revenue derived from the prop
erty for the welfare of developing.
There is no doubt but that the company
could pay dividends at any time, but as
long as the surplus is used for drilling
the larger and more sure will be. the
dividends when once declared.
1t might bel interesting to know some
thing of the vast amount of material
comapny of this kind requires for oper-
alton Your correspondent procured
the figures in number of feet of pipe
used by them, which amounts to twelve
miles of gas and oil pipe, in size from
2 inches to 81 inches in diameter, be-
sides about two miles of small pipe.
They also have two complete plants,
both oil and gas, full equipment of
steel and wooden tanks, tank and tool
houses, field pumps, etc
The personality of the company was
sufficient from the start to establish
easy trade relations with the best of
eastern houses. The management has
been most careful, each officer, each di-
rector, loyal to the interests of the COM
pany. Conservatism has figured in each
improvement and all expenses have been
watched by each one in authority, as
though private or individual property.
The first sale of oil was made at 81. Is
per barrel, thus showing that all the
Oil produced by this company is of high
grade. All wells are in perfect shape
for producing. and are fitted with the
new Geiser ejector, all of which work
perfectly.
Taking into consideration the present
condition of this company, its progress
in 1908, it will no doubt prove a good
source of revenue to all it's stockholders
during the year of 1904.
Their first stock sold for ten cents. it
is now quoted at twenty-five cents and is
one of the stocks that will be at
premium.