Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1914-05-08
JEFFERSON OIL
PROSPECTSCOOD
President Crazy and Crew
Leave Today for Hob to
Resume Operations
WILL RECOVER THE BIT
Stockholders are Assured of
Square Deal, and Well
Indicates a Cusher

President Jay D. Crazy and crew
will leave on the evening train for
Moclips en- route for the Jefferson
oil we'll on the Hob river. Mr. No
Ian, the veteran bit fisher, returned
yesterday from Portland with the tool
he is confident will bring the 1000
pound bit out Of the depths of 1865
feet, embedded even as it is in oil
bearing sand. Stockholders in the
Jefferson company are feeling pretty
gooo over the prospects not only of
bringing in flowing we'll at the JEFF
ferson hole, but the opening of real
oil boom for the Olympic peninsula,
consumation that will advance
Grays Harbor % years in less that
number of months.
The board of directors have the
full confidence of the stockholders
ever since the annual meeting, when
they practically promised to see the
we'll sunk to final determination,
an end that now appears to be in
sight. Speaking to a gentleman who
has quite a sum. for him, invested
in Jefferson stock, yesterday, a rep
resentatve of the Herald joined the
optimistic ranks.
why" said the stockholder, 81
| feel certain of reaping a nice profit
from my investment in the Jefferson
Oil Co. l was a little week kneed
at the time of the annual meeting,
seeing how much had been spent
without springing the gusher, but
did not lose faith When such men
as are represented on the board of
directors got up at that meeting and
said they would see to it that the
work was prosecuted to finish
body guaranteed me flowing well,
nor did I look for such thing, but
and others expected the we'll sunk
with our money and the words of
one of the directors at the meeting
assured me this would be done
81 tell my doubling neighbors that
the names of those directors virtual
ly insures them of square DEAL
tell them to read over their pros
pectus, upon the statements of which
we were induced to invest our money,
and that when we have the promise
of the men whose names are attach
ed to that folder, we are perfectly
sure Of an even break for our mon.
ey.
IF any readers of the Herald are
fearful this we'll will not be put down,
would inform them that the pro-
motors have agreed to finance the
proposition by the 18th of this month
or turn over their promoters stock
to the company, either event of
which will sink the we'll, which now
gives such glorious promise of full.
| filment.
81 and several of my neighbors
bought stock in this venture through
our knowledge of the directors, and
we still retain confidence in them
When such men signed their names
to that prospectus, I knew, and
square deal. Unknown obstacles
were encountered and much money
was doubtless spent that might have
been saved if conditions were as we'll
known last year as now, but I want
to say to the doubling Thomases,
read over your prospectus. There
you find this guarantee. and see
no reason to doubt it yet. The fold
er, which is as sure pledge as one
could ask from the gentlemen's names
attached, tells US that: 'of the ST..
900, 900 stock, s49O,ooO was set aside
by the company as treasury stock.
The Company is giving away with
lots 10000 shares of this stock and
when oil is struck in paying quanti-
ties there will be IN THE TREAS
URY OF THE COMPANY over s4OO,-
900 of treasury stock to finance the
company in getting tanks. building
pipe lines and getting more drilling
machinery.
1.-THE company owns, controls and
is interested in over 5000 acres of
OIL LANDS in Jefferson county on
the Hob river, north of Grays Har-
Dor. The oil can be taken two ways,
either by way of the Sound or Grays
Harbor. The company being COM
posed of Harbor men will bring it
this way.
1.-THE oil land controlled by the
Jefferson Oil Co., is ALL HELD BY
THE CORPORATION, no preferred
stock, nor particular tract being held
by an individual. The entire hold
ing is therefore bona-fide guaran-
tee to each buyer of stock that every
man or woman who becomes a stock
holder has an absolute guarantee of
a just, proportionate share in the
profits of the company"