The Caucasian. (Shreveport, La.) 1900-192?, 1910-01-09

/ Leyee Board: held At the Office q n.
secretary this the 9Th day Of lamar,
1910, there were present: John Se-t1.i
Nv. B Means. J. n, Robinson. ! !
Lay. and J. w. Dixon. Attorney D. z
Land was present.
President Robson being absent On a
count of delayed train, Nh T. II. Rob,
inson was appointed chairman 10 TEN
Minutes of meeting DecemLcr I:
read and corrected SO as to read as tol-
lows:
Office of the Board OF Commissioner
of the Caddo Levee District, December
II, Iooo.-"Be it resolved, that w v
Robson, president of this board, be and
is hereby authorized to execute a lease
to the Vivian Oil Company on FIVE hun
bred acres of land, out of the lands
owned by this board in sections 8, g, e.
II, n and 23, township p, range IS to
be selected by said company, for a Pc
Rod of five years and as LONG thereaf-
ter as oil or gas is produced in paying
quantities, for development for oil and
gas, or the following terms and condi-
tons ,to-wit:
The Vivian Oil Company to pay a
bonus of $4,000 and a royalty OF one
eighth of all of the oil and gas that may
be produced and saved from wells that
may be drilled on the said land; and
the company to further guarantee that
the board will derive a revenue equiva-
lent to one dollar per acre per year for
the first five years from and after the
date of such lease; the company to fur
Their obligate itself to commence the
drilling of one well within sixty days
from the execution of the lease, and to
drill, including such first we'll, at least
five wells within two years from the
date of execution of the lease.
Be it further resolved, that, whereas,
it is to the interest of the board that
such gas royalty as may be due under
said contract should be sold. that w. V.
Robson, president of this board, be and
he is hereby authorized to enter into a
contract with the said company, en-
bodying same in such lease, selling the
gas royalty of one-eighth to the said
company at the sum and price of two
hundred dollars per year for each gas
well; and the contract of lease to fur
Their provide that in all cases where the
production of an oil well shall exceed
200 barrels per day, the royalty to the
Levee Board shall be one-eighth up to
200 barrels and one-sixth on the excess
thereof.
Carried.
The following resolution was offered |
by Mr.. John Sentell:
Resolved, that the Register of the |
State Land Office and State Auditor be |
and are hereby requested to transfer
and certify to the Caddo Levee District
the following described lands situated
in the said district Copy of list of
ands on fle.)
Carried.
Mr.. Sentell then offered the follow
ing:
Resolved, that the Register of the
State Land Office and State Auditor are
hereby requested to transfer and certify
o the Caddo Levee District the follow
ng described lands situated in said dis
riot. Copy of list of lands on file.)
Carried
Mr., Ellerbe appeared before the
BOARD and asked that the secretary be
instructed to write Congressman Wat
sins for the United States engineers
,eport on Twelve Mile and Cypress
'ayous from Shreveport to Jefferson.
IN motion the secretary was instructed
o write Mr.. Watkins.
Carried.
Mr.. Means offered the following: Il
Be it resolved, that the lease OF date
December 10, 1900, entered into BY and
etween w. V. Robson for the Board
f Commissioners of the Caddo Levee
district, and J c. McCue for the Pro-
lucers Oil Company, which lease is
ecorded in the clerks office and a du-
licate filed in the records of this board {
e and hereby is ratified and confirmed
nd the president and attorney for the
GARD are authorized to substitute for
he land included in the lease which has
lready been disposed of other land in
lie same amount adjacent thereto and
t the same character.
President Robson arrived at IFS and
ssumed the chair
President Robson reported that the n
roducers Oil Company through Mr.. e
c. McCue had made the Caddo J
evee Board through him a proposition /
} divide the expense of having the 1900 q
res leased them at December meeting c
trveyed. On motion the board agrccn f
} same and employed Capt. J. NJ. d
Villains with the understanding that /
le Producers Oil Company pay half
-pa0Sp