The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1914-05-08

the Magnolia Pipe Line company IN
the Healdton oil field as hereinafter
provided for In the event market
conditions affecting the Magnolia
Pine Line company justify taxing
mora oil than the amounts specified
above, it will beginning October l,
1914 take more. The taking OF
Healdton crude from the producers
if offered by them in quantities as
above indicated is to continue until
April l. 1915, and as much longer
as market conditions justify. This
agreement of the pipe line company
is not TO be construed as having
been violated if it is temporarily
prevented from performing same by
strikes. fires, floods or other causes
over which it has no control.
If hereafter the price of said oil
is fixed without the consent OF salu
nine line company it shall not there
after be further bound to take oil
under his agreed order,
>. The said Magnolia Pipe Line
company agrees to install IN the
Healdton field four additional tiity-
five thousand barrel steel tanks to
| be taken from the members OF the
Ardmore Oil Producers association
in the buying and installing OF said
tank: and to take for said members
five additional steel tanks Of the
same size which have heretofore
|heen ordered by the members oil
said association and install same
at their plant at Fort WORTH Texas
the said pipe line company TO take
said material from the members
of said association at the actual
cost thereof to said members.
3. The four tanks, when install
ed at the Healiton oil field are tC
be Immediately used by the pipe hh'
company to clear the leases of al
stock of accumulated oil in a mer'
Ichantable condition; the owners Il
he paid for same upon delivery a
the rate of fifty cents per barrel TO
quantities delivered.
4. The Magnolia Pipe Line com
panv is hereby relieved from tn
| necessity Of and ordered not to con
meet with any new wells within 81
months from this date, except;
1st. Those necessary to meet eX
listing offsets, AMI
md. Those, the drilling OF whic
is made necessary because OF lease
conditions,
unless the said pipe line compan
| shall sooner elect to take the en-
tire production frorn the Healdto
| field In the event there Is an
DISPUTE arising over the wells to {
| connected, the president OF the Arc
more Oil Producers association
q by agreement made the umpire
a every case to determine said Que'
A lion. with the right of any par
Z; who may feel aggrieved to appe
= to the board OF directors OF L
:: Ardmore Oil Producers associatio
Z whose decision shall be final
= is further ordered that the pres
. dent of said association shall ha'
authority 10 make such exceptions
! |tAis rule as justice and equ
} among the different producers
. the field may require; and said a
) sociation and its officers hall q
: for any producer not a member
= said association who shall apply
n such service
\ .. The Magnolia Pipe Line Coz
4 pany agrees to report in writing
h the inspector provided for here
each day the amount Of pipe Ii
\ run. so that he NAV properly app'
\ ton the runs among the produce
on the next succeeding day.
G. The saSi pipe line compa
agrees to provide at its own
Il pense pipe line connections a
n loading facilities at or near Add!r
. ton, Oklahoma, on the main line