The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1905-06-16
An OBJECT LESS oN FL ON SAN:
FORD 8 ,s$ AssEs
MEtlT 70 Y ~ o r THE TAX Il
II s il. III X i i.i n

~ III Z esSs " aNgssl
Editor Fairmont West virginian
Sanford $Barrick one Of our
weitto.do farmers, (who was in my
otics yesterday was discussing with
me Tie taxati lon OF oil and gas lease.
holds III this county. He said the
real estate assessor recently came out
and assessed his farms situate in Clay
distrtct. III II n II 3
Now Mr.. Barric lehman has oil in
three several tracts of land, and the
assessor. under the instructions Of the
lax missioner properly assessed
him on the list day Of April, at the
rate OF s1,,25o per barrel; or, in other
sorfis, added to the value Of his
iarms for each barrel Of oil he had
produced to him, on the list day OF
April, s1,2s0 for his interest in the oil.
In other words, at a ten barrel royal
" proc ctions per day, he would add
to M Barrickman's value on his
real estate s12,50o.oO, in addition 10
its surface value or coal value, which
vas accordingly done by the. assessor
4 at that rate. Mr.. Barrickman feels,
IKE all the rest #of the farmers, and
land owners In the State, that, II the
Standard Oil Company, which has
drilled his farms, escapes on seven.
dghthss Of the oil $on the LIST of April,
then u does the land owners great in.
Justice.
This lisa self.evldent fact, for, &C.
enrding to his own statement made,
on one farm, on the list Of April, he
had four barrels production to his
ensefg hth, or the Standard Oil Com.
pany had seven times as much or
twenty weight barrels. On another
farns he had sone barrel production,
Of the Standard Oil Company had
seyen:ei ghts, or seven times as
much or a seven barrel production
md on another farm, in which he is
iut t,, g, he% had onc.half barrel
ass The one-thirty-second, which
would represent two barrels for the
eseighth royalty, or the seven
efghts of fourteen barrels, whlcl
fourteen barrels would represent
what the Standard Oil Company has
IN the third tract. In other words
q tte three tracts Of land, the Stan
dard Oil company has twenty.eigh
barrels Sa day for the first tract ant
eys1t barrels as to the other tract
and 8fourte zen barrels as to the thirt
trast sorsia total of forty.nine bar
rels g day on the LIST day of April
Witch, at $1,000 per barrel per da,
che leasehold, would be $40, 900
which rs escaping taxation absolute
VI q, Il the Standard Oil compan,
does not pay the taxes thereon, thel
the farmer must pay it for them.
ss5st,s What Is II Worth? f.
A gentleman, WHO was sitting b.
the Courthouse, discussing thes
matters, and who is a large real es
Z tate owner and has had large expo
Renee in the production Of oil, sal
10 me; 4 will give and bind mysel
80 pay 81, 800 per barrel per day fo
the Sanford Barrickman leasehold,
instead Sof 81, 600 per barrel per da!
Or in other words, the forty.nine bal
reIs, which II the Standard Oil con
Y pans il getting from the Barrickma
tarur, at sl,5oo per barrel, woul
amount to s7s,5oo, and the gent
man who made this statement meal
What lie said, and the interest
iKhich are held by the Standard c
company or its branches, would Ii
dnuhtedlyS bring s73,5Oo cash +
their interests in those leaseholt
which ARE owned by them and
which Mr.. Barrickman has royalt
lust think Of it! Even at $40
spsr barrel it makes $4,000, viii
are escaping taxation on land own
Mr. Barrickman, or in which
has an interest. This is only one
many hundreds of farms In IL
county and half the other count
IL the State.
.8ijsl 600 e rtialffv w ,pfed