The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-01-30
Just A few figures To STAGGER YOUR IMAGINATION

Springs there is a vast natural basin with no volcanic
within sixty miles, so that there appears to
have been no opportunity for the oil to have either
out or to have seeped away during the ages.
This proves that the cork to the bottle is tight and
hat whatever
BODY OF OIL NATURE PLACED THERE
= still there. The trend is northeasterly and south.
" like every other oil field on the globe, while
pa,ds.ea,,-s in a direct line between the fields at
tha California 6ssssese in Utah, and it is no farther from
,hon Col Drake .. tssaaln Pennsylvania was from Ohio,
fore. absolute confidence s. in 'os. We have, there
Tho statement that The Pioneetrhe uttermost faith in
at Indian Springs, one of the most 1ea an VIII develop
of petroleum in the United States. Nv oePosis
. In about four weeks, there will be placed~
ground a standard rig to be followed by others see
afterward. These rigs will have a capacity of 1000
feet depth, though it is the opinion of all interested
that a producer will be brought in at a depth of 1,20O
feet or less. Arrangements have already been made
with the traffic department of the Las Vegas and
Tonopah railway, for a switch and warehouse at In
dian Springs, as well as for water that the railroad
company will haul in its own cars and place on the
side track for use in drilling, etc, without cost to the
oil company.
The company is organized under the laws of Nevada
and has a strong directorate with Frank Oliver, who
has achieved an enviable reputation
FOR SUCCESS N
at Goldfeld and abroad, as president and treasurer.
IT was the intention of the organizers to place the en-
fire Capitalization in the treasury and give the land to
the company, but when it was found that somebody
had to provide initial funds for organization, survey
ing. labor on the ground, together with preliminary ex-
ponses for advertising and clerical help, it was decided
to take 200, 900 shares and distribute it among the or
ganizers of the company and the locators of the prop
49, q 49, -, al +hn avaau % for
and depending on their surrounding holdings for re-
muneration. The stock and certificate books were
placed in the hands of the Registration Trust Company,
who will issue, transfer, register, and mail all Ger
tifcates, as well as handle all money from stock sales
until it has been actually placed in the bank of John
s. Cook & Company, to the credit of the Pioneer Oil
Company. This is a cheap safeguard and an absolute
protection to the funds.
THERE IS NO PROMOTION STOCK.
The organization and purchase stock is in pool, and
nothing but treasury stock can be issued by the Regis
tration Trust Company. They give bonds to the State
of Nevada in the sum of One Hundred Thousand Dol
lars for fidelity. Neither officers nor directors draw
salaries. Each one has a clean personal record, anil
their high character and good standing lnsures eco
nomical and conservative management.
SO with this strong probability of Indian Springs
making good at an extremely early date, the produc-
ton of oil may in the near future do for Nevada, not
her wonderful mineral resources, what 1t
has already done for California EXCEED THAT OF
Inc records IL 1T Los <AHScicS otoch "a
change alone show forty-two listed Southern California
oil stocks having a dividend rate of 20 to $50 per cent
per annum on present market prices, to say nothing OF
paid by close corporations whose shares are
not listed and which do not publish financial state
ments, which would increase the number of listed dlvl-
dend- ayers in this field alone by at least one-half.
If you have some ready cash, NOW is the time to
invest it in Pioneer Oil. The sale of these shares
brings a golden opportunity to the man who has laid
away anywhere from a hundred to a thousand dollars,
and is of equal Importance to the wage Garner who
can spare ten or twenty dollars. Suppose you have
saved one hundred or even one thousand dollars, what
real good can you accomplish with itg This amount of
money does not represent an adequate business capital,
and it .iaLa
HARDLY ENOUGH INTEREST
in the bank to keep it from getting rusty. Better have
the interest than nothing at all, Of course; but no one
ever made a fortune through accumulating interest on
a sum of such proportions. Money drawing interest is
not working-while the main idea or object in having
money is to make it work for you.
Therefore, take stock of every ingredient and factor
entering into this proposition assimilate them thor
oughIy and, if you have a dollar to invest, take a
chance with us in Pioneer Oil-the greatest opportun-
ity ever offered the American public for rapid specula-
ton and profit making.