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

The Consolidated" Gas, Oil & Manu-
featuring company retains all the in
terests in gas findings but if a. company
with a lease from them should happen
to strike gas well they pay the ex-
penses of getting the well. The oper-
ator is out not a cent but has a we'll to
his credit in holding his lease; If a sec
ond gas well is struck the "Consoli-
dated" pays for the tubing and casing
but the lessee pays for the drilling. This
is great benefit to lessees. for if a
company have only four or five thous-
and dollars and had to pay three thous-
and for lease and the first well on
the lease was dry and the second a gas
well, they would have to raise more
money to continue the work, but by
operating on this plan even If the first
well is dry and second a gasser they
still have plenty of money to develop
the tract
The "Consolfdated'' is a close corpora
ton and has not a share of stock for
dard runs through the CONSOLIDATED
holdings and the standards laterals''
drain all of their big holdings. A cent
barrel is allowed to the companies
by the Consolidated" for furnishing
steam to pump their lines.
The officers are: c. L. Bloom. presf-
dent A. c. Stitch, first vice president;
A. w. Shulthis, second vice president:
A. P. Mcbride, treasurer and general
manager; c. L. Kimble, secretary;
1-4IlCSl OCWCil, dSSlSIdnl secretary.
The Midland Investment Co.
This company was organized several
months ago to handle oil properties in
the Kansas field and it certainly is
one of the strong companies as is evil
denced by the great number of people
who are always in their elegant offices
in the Carl-Leon hotel.
The president, Mr.. c.. H. Pattison is
a gentleman we'll known to Topekans
being one of the organizers and owners
OF the continental Creamery the big
gest in the world. The vice president
is Mr.. W. A Thompson or VIII Thomp-
son as he is called by his friends, has
probably interested more Topeka men
in the oil fields than any other one
man. The treasurer is Mr.. Chas. +.
Luthy and the secretary Mr.. J. F. Colt
is one of the best experienced oil men
in the field. The officers have over
20, 900 shares of land and a great many
producing wells.
The Midland is in a good position to
advance the interests of those who
are looking toward Independence as the
scene of their operation as their exper-
fence in the field is such that any one
having business with them is almost
sure to be located in a paying invest
ment. There are quite a number OF
proven and partially developed tracts
that a company can get at reasonable
prices. 1t does not work q hardship to
capitalize and developing their holdings
unprOVen ground. Many COM
panies are now coming into the indie
lpendence fields that need the co-opera-
ton of experts and here is where the
Midland" is particularly strong. A
company that is responsible need have
no fear of failure for the Midland will
put in dollar for dollar with them to
develop and thus making the assur-
ance of success. The field is yet young
and those that get in on the right kind
of a proposition will make incomes
| from oil that makes an Arabian
/ Night story of wealth look small,
| but if you are going to invest in the
Kansas oil fields, look thoroughly into
/ the proposition which is offered you,
and satisfy yourself that the parties
handling it are capable of doing so in
diligently and honestly.
The Kansas oil fields are offering to
/ the investor better chances than any
! field in the country has yet offered
| The limits Of itare yet to be determined,
and the production is going to very
/ heavily augmented during the current
year. The opportunity of the present
+ will not be repeated in the future but
in placing your money in the business,
do not be deiuded by windy statements
and fiowery figures. showing what so
/ many wells on a forty acre lot will do
/ in the matter of profits. Investigate
! every proposition offered you. If it will
not stand the light of investigation. it
IS not worth considering, and the pro-
moter who objects to investigation has
something that viii not bear it.
] The Midland Investment company