Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1910-10-06
Mr.. MATSON
~ DENIES
To Whom II May Concern:

oeineN maue by certain parties in
Honolulu in connection with the use
OF my name in the matter of ex /.
plotting and selling certain oil
stocks in the Hawaiian Islands 1
desire to supplement my previous
published notice to the effect that
the use III my name in any manner
whatsoever In this connection is to-
tally unauthorized. have particu-
lar reference to an advertisement ap-
pearing In the Pacific Commercial
Advertiser under date of August 80,
1910, reading as follows:
YOUR OPPORTUNITY.
About four weeks ago | sold a
business man of this city some Lake
view No. . oil sto k. He wrote TO
a friend in San Francisco to investi.
gate, see Captain Matson and find
out whether this stock was any good
The reply came on the Sierra Fri
day. saying 1t was first-class, gilt
edge, good Investment. Today he
doubled his first purchase. urge
you to buy. It is a safe proposition.
A few shares would put you on easy
street. The profits from oil is a
fairy tale. Ask John ID. Rockefel-
Ter. Shares, now thirty cents. will
be forty cents after September 1.
This is your grand opportunity. Read
this all over again.
u. OSWALD LUTTED.
Fort Street, Next Convent; General
Delivery"
I desire at this time to absolutely
refute any inference which might be
drawn from the foregoing statement
that anyone has ever approached me
to investigate the matter or to OFFER
any opinion as to the value of said
stock, and any intimation that
have endorsed this as a good invest
ment is therefore Justification.
For the information of the public
might offer the following state
ment:
The Lakeview Oil Co. of Midway. !,
a part of the Honolulu Consolidated
Dill Co., among its various properties
under agreement with the
original locators Section No. 26 In
Township No. 32 South. Range No.
"a East, and under date of April 5,
1910, leased this section (64O ares
Tor twenty years to Chas. F. on. r.
d. Wade, George s. Stafford and Il.
5. Shattuck. The lessees were to payI
a bonus of $50 per acre for the
lease, bonus to be paid out of the
first production oil. and further they
were to pay royalty Of one.eighth
Of the gross production, and were
accorded in the lease an option to
purchase the land at $1,000 per acre
when patents to the land were is
sued by the U. s. Government.
Subsequently. 1t appears that the
iforenamed gentlemen subleased the
west half of the southwest quarter
IF the aforementioned section to a
organized and known as the
Lakeview No. 2 Oil Co.. which was
contrary to my understand
ng when originally leasing the
whole of Section No. rs to them.
On June 90. 1910, received
etter from Mr.. J. Oswald Lutted,
Informing me that he had become
in the so called Lake.
view No. Oil Co., and indicating
10 me that he expe ted to leave for
Honolulu shortly with the end in
view OF disposing Of some of the
stock of that company in Honolulu.
He also requested me to favor him
with written endorsement of the
as whole, which I alb
declined to do, refusing tol
lend my name for any such purpose.
was naturally very indignant at
the suggestion. and also annoyed at
the action of Mr.. on and his asso-
ciates, to whom had originally
leased Section No. 26, and who had
evidently entered into some subleas- f,
Ing arrangement for one-half Of
The southwest quarter section to par
lies under the name of the Lakeview
No. 2 Oil Co.
From the foregoing, 1t will be
ieen that Lakeview No. 2 Oil Co. is
operating under a suitcase of a
ease taken from the Lakeview Oil
20. of Midway, and as the royalty tot
he Lakeview Oil Co. OF Midway is
I2R9c of the total production. pre-.
the Lakeview No. 2 Oil Co. |
will also have to pay an additional
oyalty to the original lessees as
Ibove indicated.
have taken the opportunity of
notifying directly by letter both Mr..
has. f. on and Mr.. J. Oswald Lut-
ed of my position In this matter.
md | now reiterate that any attempt
IN the part of anyone to use my
lame in any manner whatsoever In !
he exploiting and selling of oil
tocks in the Hawaiian Islands Is to-
ally unauthorized.
VIM. MATSON.
San Francisco Sept. 10, 1910.
1t