The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1911-10-18
ANOTHER PLuNGER
COMES TO EART5

/ ANO HER PLONCER
CONES TO EARTH
/ As children, We all learned an ola
maxim tnat a bird never flew SO
high but that it must light again. In
| philosophy we learned that the rate
| OF speed increases in the fall Of any
body in proportion the distance il
falls and the natural result is the
body that falls from the greatest
height hits earth with the greatest
velocity.
Bartiesville contributed to Okla
homa City says the Times an oil fin
ancier that went up in this city with
meteroic swiftness and came down
with terrible financial crash that
We felt all over the state and heard
round the world Recently Baptles-
willie contributed another "Oil John.
I ny to her neighbors, tilis time TO
willie Examiner tells the story az fol-
lows.
The story begins seven years ago
when Roeser went to Muskogee from
Beaumont Texas Billy Roeser, as
he Immediately became known, was
popular from the first He has not
yet reached the mark of two score
Years, is handsome and athletic. He
had taken his degree from Marietta
college TO follow in the footsteps OF
his father. an oil man in comfortable
circumstances. For a time Billy
Roeser worked in the Ohio fields,
then as manager OF the Texas Dis
Itrict Petroleum company he moved
to Beaumont Then came the Spindle
Top boom and Roeser. growing ambi-
tiOus speculated on his own account
He went broke May. i904 found him
in Muskogee There ne PLAYED the
role Of the promoter lie left NJ u.s.
yogee for Cleveland, Okla, but has
since. several times returned Ii was
in Cleveland that he made his first
big strike. He disposed Of mis- hold
ings in the Cleveland field for a tidy
sum, only 10 soon loose ii in specu-
lating in unproyen territory. Again
facing the world with empty pockets
he went TO Tulsa Fortune smiled
her sweetest The Glenn Pool was
in its infancy. He interested Inde- I
penIence. Kan, people in two oil (
leases. He sold one OF the leases (
for several hundred thousand dollars. /
He then developed the other and sold \
il later for an immense sum.
"At one time Roeser's product in |
the Glenn Pool was 5000 barrels a /
day, representing nearly $4,000 in !
gold. At that time he had fortune +
on deposit credited to his name
Then began his wild career Of 4
spending money Spending is
" ord inadequate to describe the man I
ner in wnich Billy ROeser threw his 4,
millions 10 the four winds. II is said /;
Of him that he made and spent for
tune quicker than any man the Mid 7;
continent field has ever known Il
There is one strange characteristic /,
.nat stands out predominant in Roes- 4;
sr's wild, meteoric career. He never 4
gamblei He knew hundreds Of oil Ii
men throughout the country and all a
1f them were recipients OF his Law 4.
shness Like Death Valley Scotiy 4
le dazzled Broadway and the white a
ignts blinked in wonder, il is said
Then he came in town
1T was after his big clean up n G
he Glenn Pool that he began From Ii
ieorge Bayne, a capitalistic newspa- ly
,er owner he purchased a block of h
TOund upon which stood the most Il
beautiful nome in Tulsa. From an
elegant home the place under the
ouch OF Roeser's golden magic, be-
anne a kingly palace Tulsa with
bated breath still talks OF the trans lV
Carpenters tore ont the tl
ostly mahogany woodwork ANA clos In
Is and with the expensive furniture ii
n tae house piled ii in heaps in the liz
ari Thousands and thousands OF 81
~ IN faFf Z,
liant bonfres. Far costlier suruI la
Ire and draperies replaced those hi
lat he destroyed Expensive paint Ia
lgs were brought nto the house and al
g made their collection a hobby pl
lis library OF books OF the most ex- OF
ensive bindings cost $4,000 From Ia
ie east be brought Landscape gard
aeFs at handsome salaries 10 beau dc
fy the grounds The snrubbery and 10
ID were shipped al a great expense 81
ON Kentucky. Arc lignts We're not ~,
aborate enough for Roeser so he if.
aced ornamental lamp posts every q
w feet around the block He built af
private garage Of cut stone al q m.
lst Of $4,000 ami then be began "
iyng automobiles. AT one time Ae to-
yned seven. purchased at a total te,
.st OF $4,000 Each car bore MS
in solid gold letters Sc
% 'Roeser suddenly one morning de- foi
led that Tulsa should nave an auto in,
obile race Three days before the no
eet he decided that none of the eX- wo
nsiye cars he owned was fast dm
ough so he wired 600 10 q Kan adj
S City garage and had a racing car for
rriei to him by express An ex- fos
r. driver came with II Rockers ftht
try won the race but q little rocd- TO
n gave il 50 close q run that 3hS IN,