The Caucasian. (Shreveport, La.) 1900-192?, 1910-12-27
A TOKEN OF ESTEEM
Gold Watch Presented by ]. s. Noel to
]. S. Savage, Who Drilled the First
Oil Well i'll the Caddo Field.

At about noon today ]. S. Savage wa
agreeably surprised by his friend, J. S
Noel with beautiful gold watch be
slowed as token of esteem.
On the inner case are engraved tn,
words: Presented by ]. S. Noel to ]
S. Savage, who drilled the first oil wei
in the Caddo field"
Besides the intrinsic value of til,
watch, the prompting Of the giver is bes
'explained and expressed as follows:
Mr.. ]. S. Savage:
ALLOW me to present to you this beau.
tiful watch as a token of my apprecia.
tion and gratitude. You were the frst
to drill producing oil we'll in the Cad.
do field. Through your knowledge ane
labor you have benefited sne. In YOU
practical demonstration of oil from lands
of limited value for purpose of agricul-
ture, you have been the promoter of inn
measurable wealth which is being grad
TALLY distributed in many channels For
instance, some of the land owners have
profited from the sale of their lands at
prices which could not have been OBJ
tanned on the basis cf their assessed
value, while others are deriving great
profit from their royalties.
The banks of Shreveport show great
increase in their deposits arising from
patrons engaged in and interested in the
oil field, and thousands of investors and
developers have been attracted from
Europe and the, States of the Union to
Shreveport and Caddo parish, and iii
brief ! may say that traffic in general
has been vastly stimulated and the price
of realty stiffened and held firm through
the development of the oil producing
field of Caddo. And | may add, the
good results of this wealth producing
from Caddo field is being felt through
out Louisiana, Texas, Arkansas and
other States.
AT this time it is not possible for me
to estimate how much foreign capital
has been invested in the field and in
Shreveport, but Ahe assessments will
show most eng saging amount rang
ing into hundt Of thousands of dol
lars. e.
In no sense of praise, but giving full
credit to whom it is due, | may say that
had you not persisted in your determi-
nation to prove not Only your faith but
your knowledge in tie demonstration
that in the depths of the. land of little
value on the surface there were mil
lions in it," the oil industry most prob
ably would be dormant in Caddo parish
and would have SO remained perhaps for
years until some keen-eyed prospector
like yourself would have ventured over
the field.
Il realize as / am about to reach the
expression of my appreciation of the re-
suit of your investigation and demon
stration that you are the man of all men
to whom the fullest credit is due for
what you have accomplished in the oil
field. And therefore as an appreciation
of what you have done in offering you
the congratulations of the season
would tender my best wishes, May you
enjoy a long and prosperous life, that
you will be remembered lovingly by
many when you shall have passed to the
great beyond, and until them, and hope
the call will be long delayed, whenever
you open this watch te see the time OF
day or night, that you will recall in re-
nembrarce your grateful and true
friend, ]. s. NOEL