The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1914-01-29

1tRSe. ne company dtfeauy nus
pipe line competed within four miles
OF this big lease.
within three miles Of CUR Tulsa re-
finery we have "a oil and gas wells.
There are many shallow leases for
safe in this district and being so close
to our refinery are valuable. Ine
company has about 100 locations it
can drill in the shallow and Red Fork
sand This oil is worth big bonus
10 our Tulsa refinery. One oil is rich
IN gasoline and the other lubricating
oils By Development. the Company
can easily develop and sell over ST..
0080G0 worth of oil from Our lean-n'
within three miles of our Tulsa re-
Hnary. We nave completed ii pro-
ducers end one failure in that dis
trict within the last 30 days. The
Company should keep 10 drills in
operation in that district until at least
l59 more shallow and Red Fork wells
are completed We now have two
deep wells in this district in the cap
rock OF production that viii soon be
completed This is a field that is
sure for high grade oil in the shallow
and Red Fork sand, and rich with
small rich pools in stray sanos that
arc liable to develop in any sand
dceper down Tulsa, like Pawnee
county has made millions for Oil OPP
orators, and this company with It's
refineries. has inside track and can
make from % cents to Is cents per
barrel more than any producer.
Near the center west side OF Tulsa
county on a direct line between the
Gem pool and the Usage gushers
te Company owns two oil farms OF
Is acres each, about three miles
apart. Roth of these oil farms are
Iocated right Production all around
lhem. This land is owned in fee.
This Company is preparing for the
,uture and now has lands and leases
which. when developed. should pro-
luce from G,001 TO 10000 barrels per
day for 50 to So years While we
have many leases that might for a
While do this much daily alone, when
developed.
The Company has paid out for pipe
lines, refinery, leases and lands, wells
md development about 100000 in
Tulsa county and should increase this
Investment during the next year to
1t least sl,0000Jo. There should be
s400. $40 90 into new oil wells and
s9ei, 900 "a into a lubricatng plant
nd increasing the Tulsa Uncle sam
le.ine-Y and additional shallow ter
ritory leases which are much more
.amabe to our Company than any
jaa else, and therefore easily secured.
souers COUNTY, About 5000 Acres,
Three Divisions.
believing that rich pools similar to
he Coilnsylle field Oh the north, the
<owata field on the northeast and the
onola lool on the south and south |
asst. may be expected on most any
case in between these districts, this
Company has scgred over 5000 acres /
b Rogers county. We helped to drill
40 test wells that developed the oil
md gas formation. some oil and gas
md loss Of salt water. thousand ,
eet from any one or these wells may
10 INTO big prodrc ton. We have one
tract ir tae cast side bend OF the
Cerdieris river that We believe will ,
,e a second lonola pool.
Another big district that can pass
he Coliusyille field extends for six
niles in a chain of leases from
iouthaast Of Catoosa north TO gas
wells on adjoining farms On the
lorth. We have another big division
lorth OF the Verdigris river that has
GOOD showings on nearby farms We
viii start three or four drills on these
leases as quick as our construction
,ash will permit from the remittance
;r1or he offer herein.
Properties in Plain Sight.
In Kansas, the state tax commits
sion taxes our properties at about
three quarters OF million dollars
Ne value oGr combined properties in
Kansas and Oklahoma at over So
'eooq0
We figure thar the increased cap
tal should develop our property into
q twenty million (s2o,00o,OAo) yalua-
ticn. The increased capital should
a-t The Uncle sam Oil Company
,heee. IN another year, it should
make 500 700 per year, at least.
Stoek Should Pay You 100 Per Cent
Dividends on the Payment by You
Under This offer and Increase in
Value 20 Times and Still Sc Grow
ing in Value.
The lcii OF directors realizes what
.he development of these properties
neans TO TIE old stockholders and all
me new ones. To keep the Company
the beard Of directors by
unanimous vote advised the stock
ic'iers 70 dorble the capital stock
as ner resolution, as follows:
Resolved, That at the Adjourned |
session Of the annual stockholders
meeting 10 be held at the office "a
Company al Phdenix, Arizona. on
December %. 1913, at 3
o'clock a. m, there shall he submit
.el iocail meeting the proposition to |
imend the Articles IF Incorporation |
g., as t. inrreasc the capital stock OF |
his corporation from Sl0O.90D.cOO 10 |
.2al. 100000. TO be divided into 1.00O,- |
700 shares OF preferred stock, havins |
he same proportion OF voting pow0i
Is at prcseat Tor the protection o
he treasury stockholders. and i99,- !
$4,000 shares ~ treosurY stock hav
NJ one-hiif O. one vote per share
T. II present. that the Increased stock |
hail not be sold t. any person other
h.n 4 -atricfi- American citizen who |