Metropolis weekly gazette. (Metropolis, Ill.) 1???-19??, 1916-01-07
AFRO-ANER|CAN 'CU[L|NCS


Because of a late ruling of the coun-
t. clerk in which the owner of an
| oil lease is forced to turn over to
| the lessee the royalty oil instead of
its equivalent, Sarah Rector, the rich
est Negro girl in Oklahoma, and prob
/ ably in all the world, now is receiving
in royalty $4,000 more a month than
/ formerly.
Six hundred dollars a day was her
income from one of the most valuable
oil land allotments in the entire Oil
ton district Her tract of land, which
is operated by B. B. Jones, millionaire
oil man, is now producing in the neigh
borhood of 100000 barrels of crude oil
a month. For her share, one-eighth,
or 10000 barrels a month. she was
getting 80 cents a barrel, or a total
of $4,000 month, giving her a daily
income from her oil royalties of 5000.
An additional ten cents a barrel pre-
MUM for her oil was obtained through
decision by Federal Judge Campbell
of Muskogee, holding that an oil COM
pany operating a tract of land must
pay the royalty In OIL instead of money
IL the landowner demands it, The
market price for oil is so cents. but
premium is being offered for oil as
the demand is now greater than the
supply. BY demanding the payment
of the royalty in oil Sarah Rector has
sold her oil to the Pierce OIL cor
poration for 80 cents a barrel, or an
increase of $4,000 month. or sec a
day. The deal was made for her
through her guardian. T. j. Porter.
The Sarah Rector allotment has al
ways been good revenue producer.
1t has been producing oil for about
two years. She has received from her
land In royalty approximately $50 900
In cash up TO May l OF this year. and
on that date her royalty oil that had
accumulated during the previous four
months was said at the then market
price. 40 cents a barrel, netting her
an additional s65,O0Q or total of
125 900.
The sale at that time was made
to b. B. Jones, the operator of the
land. and the contract was continued
in force to sell the royalty oil as It
accumulated subject to termination al
ten days notice.
The Sarah Rector land reached it's
high tide in production during the
spring of this year. 1t was estimated
to be making 10000 barrels a day dur
Ing April or 100000 barrels for the
month, of which the little girls share
was $4,000 barrels. For February the
Rector production from the deep sand
or Bartlesvilie was 100000 barrels.
and for March 1t was 325, 900 barrels
During the spring months IL was
the biggest producing property in the
field
Prior to getting the deep sand pro-
duction the Rector land produced OIL
from the Layton or shallower sand.
and during the last months of 1913
this amounted to about $4,000 a
month.
When the deal was made last spring
whereby the accumulation OF royalty
was sold to b. B. Jones, II was esti.
mated that the Rector land would
yield to its owner anywhere from
100000 to 1925 900 In royalty during
the succeeding four months, and IL was
said that the tract would be a big
money maker for her for many years
to come.
With the recent increase in the price
OF crude oil, going to so cents a bar
rel from 40 cents within six weeks
period. and with the federal court de-
cision separating the royalty from that
OF the producing company. the in
come of Sarah Rector began again to
increaae. and for October she received