The Caucasian. (Shreveport, La.) 1900-192?, 1912-04-28


(all or none) 1890.
w. M. Rushing, section 6, 22.90
section s, 1870.
J. NJ. Montgomery, section 5, 1910
section 7, 1925.
Cameron, White Co. Ltd, as {
whole (all or none) 1900.
Linnan & Co, as whole GALL OF
none) 20.S7 10.
John G. Sessions, section 7, 1897;
section 8, 1857.
w. G. Burt, as a whole (all OF
none) 1895.
Hercules Co. Ltd, as a whole (alI
or none) 23.7o.
W. Hutchinson, section 7, 1920
section s, 1920.
The board then went into ,eXecu-
tive session.
On motion OF J. NJ. Sentell, second
ed by J. J. Lay, the bid of Cameron,
White Co. Ltd, being lowest, the
contract was awarded to them at
iSc per cubic yard on the whole
work. All other bids were rejected.
On motion of J. NJ. Sentell, sec
onded by ]. J. Lay, the following
resolution las per attached renew
ing and extending contract with L.
E. Etchison of date October 10, 1910,
was adopted:
The following was Offered by j
NJ. Sentell and seconded by J. J.
Lay:
Whereas, L. E. Etchison, his heirs
and assigns, was granted an oil and
gas lease on west half of northeast
quarter of northwest quarter and
west half of east half of northeast
quarter of northwest quarter, sec
ton 35, township 81, range Is, which
said lease was extended under reso-
luton of October 10, 1910; and,
Whereas, the said Etchison repre-
sents that he was unable, under the
extension term granted on October
10, 1910, to begin the actual work of
drilling on said lands, on account OF
the unprecedented rainfall, road
conditions being such as to make
the hauling of heavy material al
most impossible; and,
Whereas, the said Etchison is now
drilling a we'll on said lands, having
built derrick and placed the most
of the necessary machinery on said
land within the extension term.
Now, therefore, at the request of
the said Etchison, and in order to
set at rest any question as to the
existence and validity of said lease,
Be it resolved, That S. A. Dickson,
president, be and he is hereby au-
thorized and directed to execute and
renew unto and in favor of said
Etchison, his heirs and assigns, a
lease on the said lands above de-
seribed; said lease to be on the
same terms and conditions in every
respect as are written in the lease
executed in favor of the said Etch-
ison. his heirs and assigns, on the
10Th day of October 1910. with the
additional obligation on the part OF
said Etchison that he will continue
with due diligence to drill the we'll
now on said lands until the same
shall have reached the lowest
known depths of oil-bearing sands
in the Caddo Fields, unless oil or
gas shall be found at less depth.
Carried. H. L. Heilperin not vot-
ing.
A Proposition from Mr.. Wheeler
Shropshire was read, offering to
lease >certain lands owned by the
board in sections II and iS, town
ship 20, range 10, on an optional
drilling contract for one year, with
privilege of renewing for two years,
with bonus of five dollars per acre
for first year and rental of $3.50 per
acre for each years extension, and
to be for the usual royalties and
rentals as in other leases executed
by the board.
On motion of w. B. Means, sec
onded by ]. NJ. Sentell, Mr.. Shrop-
shire's proposition was accepted,
provided he would pay $500 per
acre bonus for the first year and
$500 rental per acre for each years
extension.
Carried. H. L. Heilperin not vot-
ing.
Mr.. L. E. Etchison appeared be-
fore-t the board and asked for a sixty
day extension from expiration of his
lease on southeast quarter of south
east quarter of section Is, township
81, range i6, and on motion same
was granted.
Carried. H. L. Heilperin not vot-
ng.
The board then adjourned to meet
again on April 25, 1912.