The broad ax. [volume] (Salt Lake City, Utah) 1895-19??, 1907-05-04
Echoes from Kansas"

OOO. 900; net earnings. $77S,1OO.S9;
surplus $685., 2S9.75. The company is
years old and has as yet paid no
dividends. II has a capitalization OF
s12 900 900 and bond issues OF $780,
600.
In his annual report President I. n.
Barnsdale announced that the company
now has 1896 miles of pipe and 2S4'-
ia acres of oil and gas lands under
lease: 3Ol gas wells and 40 oil wells
with a daily capacity Of 600 barrels. A
total of 66.1O1 consumers are being
supplied with gas, of whom 1885,
were added during the year.
The pipe lines run through the lead
and zinc districts of Missouri and Kan
sas and touch Kansas City, Topeka,
Joplin. Leavenworth, Atchison and st.
Joseph. Kansas City has not been de-
yeIoped and is expected to become an
important source of revenue during
the present year. The board Of di-
rectors and officers were reelected.
The Kansas Natural Gas Company
was one of the first to enter the Gas
Business in Kansas as in any other I'M
dertaking, it's path was not "strewn
with roses" in it's early development,
Int the men behind this monster cor
poration were men of experience and
have constantly kept at work develop
ing its possibilities while possibly SO
per cent. of the men who went into
this field at the time OF its boom soon
or or later became discouraged and
gave I'D their business and returned to
their respective places OF abode with
the familiar inscription stamped on
their faces, or, bank accounts, or both,
From Kansas Busted"
In times and places of boom most
men can read but Success" on their
horizon and are inclined to invest their
all and to go to the limit of their cred
it. not remembering that in all things
there is stormy weather" and Pay
day." and in most cases are unable TO
weather the storm and today but 4
few of the familiar faces are to
ba seen on the Oil and Gas Fields >:
Kansas.
Out of the hundreds of men who fire.
0ueuted the Kansas field five years
ago. the number remaining and pilot
/ ing their ships on to Success" can be
counted on your fingers: but like the
J Kansas farmer who "weathered the
STORM" in the early days these men
are found. not only with ordinary sue
cess within their grasp, but are all
found with large profitable businesses
on their hands. not only in Kansas bur
elsewhere throughout the country.
One of the striking examples of
"stick-to-it-tivness." energy and sound
Judgment is evidenced in the stead.'
and substantial growth of the Business
of Fred A. Wescott, one of the pion-
GERS of the Kansas field. and whose
early start on the road to Financial
Success" was made in investments in
Oil and Gas lands of Kansas, and
whose business interests are TODAY
we'll distributed throughout the differ
ent parts of the United States.
Each year has shown a substantial
growth in his business. and each year
his quarters have been enlarged TO
accommodate the requirements Of his
business. The New Quarters" of
Fred A. Wescott Company as is here
with shown by cut. and to be occupied
after May LIST, 1907. as Banking
Rooms" is in keeping with the contin-
ued growth and success OF the bust
ness of former years, and while spa
cious and convenient for the handling
of the present business. we predict.
that il will only be few years until
this business will be classed among
the large institutions OF Chicago, of
which this city may be justly proud.
The Trustee Banking Department.
which is being added to this business.
by Fred A. Wescott personally on May
1st. is in keeping with the principles
and policies as has been pursued by
Mr.. Wescott throughout his entire"
business career of "a Square Deal.
and will I'LL a long felt-want among
the people who have heretofore been
obliged to accept per cent. interest
on their unmployed capital, instead of
being given an opportunity to share
in the profits which the banking insti.
buttons are making with the use of the
money of the Savings Deposition" and
with which they have been enabled to
pay large dividends to themselves as
stockholders in the institution.
Trust Certificates will be issued by
the Trustees for all deposits accepted
These certificates are negotiable, col
lectable through any bank, and may