The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-10-08
.LUTTED REPLIES
To CAPT. MlTSON

called tu au article ip r0u Hsu, uf
October o.. headed T0 Whom DO Uay
Concern, and signed by VIM Natsou.
As me article is quite yolumlu0us. bon
order tO save space and time win
only take nap such portions os ! deem
pertinent ON the occasion to bring this
before the public without any desire
on my part to parble or change the
article In question
Regarding misrepresentation made
by me In exploiting and selling my oil
stock, having particular reference to-
an advertisement appearing in the
Commercial Advertiser of August 80,
1910, i'm which a business man Of this
city was said To have bought some
Lakeview No. . oil stock About five
weeks later ! met this gentleman on
the street He asked me If the stock
was the same price told him It
was. lie ordered more stock and
gave me a check at the same time
! telling me that he had written to a
friend in San Francisco telling him he
had bought some Lakeview No oil
stock and asking him to investigate
and find out if it was any good and
to see Capt. Matson. The fact that he
| then bought more stock and has since
bought a third lot of stockholm times
without any solicitation on my part
caused me to insert an advertisement
covering the transaction.
Whether the friend called on Capt.
Matson can't say. fail to see where
| can be charged with any Justification
in the matter. am not aware of hav-
ing had occasion to use Capt. Matson's
name in boosting or selling my stock.
Having lived in Honolulu for twelve
years l consider my identity and
standing pretty well established.
Quoting from your paper: THE
Lakeview Oil Co. of Midway, part Of
the Honolulu Consolidated Oil CO., I'M
der date of April >, 1910, leased Sec
ton 26, Township 80, South Range "a
East, $40 acres for twenty years to
Chas f. of and three associates, the
lessees paying a bonus of $50 per acre
for the lease and a royalty of Is per
cent of the gross production with the
option to purchase the land at $1,000
per acre when patents to the land
were issued by the T. S. Government.
Subsequently Chas. F. Off and asso-
ciates subleased the west half of the
southwest quarter of this section to
the Lakeview Oil Company and which
was entirely contrary to my under
standing when originally leasing the
whole of section 26 to them"
Replying to this, it appears to me
when a man sells section of land, OF
any commodity in fact, the purchaser
his own best interest, but if there are
any stipulations or reservations they
should be embodied in the contract
consider this section right in the heart
of the oil belt and worth at least a
million and a half dollars more than
when sold to Chas. F. Off six months
ago.
From the foregoing it will be seen
that the Lakeview No. , Oil Company
is operating under a suitcase of a
lease taken from the Lakeview Oil
Co. of Midway and as the royalty to
the Lakeview Oil Company of Midway
is II IL per cent of the total produc,
ton Presumably the Lakeview No.
Oil Company will also have to pay an
additional royalty to the original les
sees as above indicated.
: In replying to the above I regret to
think that Capt. Matson in assuming
to correct me for presuming to use
his name in my advertisement, pre-
sumes in the above article on the ad
dtional royalty the Lakeview No.
Oil Company will have to pay to the
original lessees.' In order to make
the matter plain to our people l will
quote from a letter received from the
Lakeview No. 2 Oil Company under
date of August II, 1910, which says in
regard to the 80 acres which the Lake
view No. controls: 1T is not a fact
that they own the property, but thai
they have a lease for 20 years or
same at 1-6 royalty with an option tC
, purchase at $500 per acre, namely $5C
per acre has already been paid, anC
wish to say that we are very fortunate
in getting such a low price on this
land as there is nothing joining us
that can be purchased for less thar
$500 per acre"
AS regards my letter of June 20
1910, to Capt Matson stating / was {
stakeholder in Lakeview No. anC
asking him to endorse with persona
letter my exploitating Of stock for sale