Los Angeles herald., 1910-04-03

The most interesting investment
opportunity ever offered the general
public is today presented in California
oil stocks. This wonderful industry
that is making fortunes for the large
and small investor Is now in its
infancy, but growing stronger and
more powerful in it's scope with each
and every day.
Hundreds of Californians who have
been interested in and who have faith
in the future of California oil felds
are reaping rich rewards in the shape
of dividends as proven property brings
in producing wells. More millionaires
have already been made through oil
than in any other form of investment
during the past few years in California.
Others are being made, and poor people
who have pinned their faith to oil
stocks of a reliable character. backed
by men Of established reputation, have
made small fortunes in proportion to
their investments and will continue to
make greater fortunes during the years
to come as this wonderful industry ad-
vances and develops.
A careful review OF the present in
vestment situation shows that many of
the California oil companies are now
numbered among the rich dividend
payers, and others are fast getting in
shape through bringing in wells to
pay handsome returns to stockholders
The Los Angeles -McKittrick Oil com
pany Is one of the more promising of
the newer companies because of the
desirable location of its interests. This
| company owns q lease upon eighty
acres in the Maricopa Midway field in
what is termed the richest section of
the oil belt of that district. The COM
pany owns in addition to this lease
q large tract of oil land in the North
McKittrick field. where one well is now
being drilled. showing oil in large
quantities with a heavy gas pressure.
Here the company has a lease of 100
acres i'm Section 90, which runs for 80
years for one-tenth royalty. This lease
covers the so acres which are the north
half of the southeast quarter section
and the 20 acres adjoining. In this
same district the company own 200
acres outright and have a fourth own
ership in another $50 acres. This gives
them leases and ownership ON some 500
acres of valuable oil land other as
sets owned by the company are COM
plete modern, standard drilling outfits
with machinery, tools and full equip
ment
Officers of the Los Angeles McKit-
trick Oil company are such representa-
tive capitalists and financiers as Mr..
B. r. Bush, president, a we'll known
realty operator of Riverside, who has
done much to aid in the upbuilding of
that splendid fruit and business center.
His record shows him to be a man of
honor and a safe man to follow.
Mr.. Lee w. Butler. a former financial
operator of New York, is secretary and
general manager: a trained business
man familiar with every detail of the
development and operation of such an
important organization as this com
pany.
Mr.. J. V. Hoffman of Los Angeles.
successful operator and capitalist
who has achieved much i'm the oil
fields: Mr.. Silas Masters of Riverside.
member of the city council of that
city and an orange grower of estab-
lished success; and Mr.. r. N. Thomas.
form erly of the Pasadena Savings and
Trust company, a banker of known
ability and success, with the president
and secretary, form the directorate.
Among the prominent men of South
ern California now interested in the
success of the Los Angeles -McKittriclS
oil company are the following: r. H.
Miller cashier of the San Gabriel Val
ley bank, Pasadena; C. II. Ward. capi-