The Birmingham age-herald., 1916-07-17
ENCOURAGED CVER REPORTS ON WORK FOR OIL AND GAS R. N. McDOnough Now Pres ident of Alabama-Missis
 sippi Company ROBSON TALKS OF
 COMPANY'S PLANS All Now Feel Assured That They Have Something Big and Defi-
 nite in Store in

Stockholders of the Alabama Mississippi Oil, Gas and Pipe Line company are
 greatly encouraged by reports of the op-
 erations in Alabama as outlined at a
 meeting. held Saturday.
 The following board of directors was
 elected:
 R. N. McDonough, Birmingham, pres
 ident; s. A. Horton, Fayette, vice pres
 ident and field manager; J. T. Robertson, Birmingham, treasurer; L. E. Geohegan.
 Birmingham secretary; Mrs. Gilly, as-
 sistant secretary; w. s. Douglass, Rus sellville; K. B. Goggans, Hackleburg; C..
 M. Fuller. St. Augustine, Fla; Frank E.
 Wood, Jacksonville. Fla: A. s. Costel-
 lano, Jacksonville, Fla.
 Executive committee: R. N. McDon-
 ough. s. A. Hobson, W. S. Douglas, C.. M. Fuller, J. T. Robertson.
 ALL ARE ENTHUSIASTIC we have just finished the details of perfecting the organization of the Ala bama Mississippi Oil, Gas and Pipe Line company" said General Manager s. A. Hobson yesterday, the general features of which were all determined at finely attended and enthusiastic meeting of the stockholders on Saturday, July 15. The company has thus emerged from the em- bryonic, almost chaotic, stage of it's wildcat existence into a full fledged busi- ness organization with abundant funds for prosecuting the big work in hand on a systematic and scientific basis The last obstruction in the Hamilton well has been removed, and the roaming at At wood is progressing nicely. I believe we are entering on an epochal chapter in
 our great states great industrial history. "The company had on hand more than $7OOO of sound assets over all liabilities, and a fund of $750O more was subscribed on the spot by the stockholders present in person, and will be no doubt very many times oversubscribed when all the stockholders are heard from.
 | Tn fact, it was decided by formal reso- 1 lution to offer no more of the company S l stock to the public at less than par.
 MIR. M'DONOUGH PRESIDENT We induced MT. R. N. McDonough to accept the presidency. He is the ideal
 man of all the district for the place
 modest and averse to publicity to the last l degree, more than tolerant, at the same | time man of vision, grasp. giant nerve, and business intelligence. As we all know, he has carved his way to the top, SO to speak, through solid rock. I make 1 bold to predict that the mantle of the
 lamented Henry F. DeBardeleben will rest easily in the future history of the
 district on his broad shoulders, and he | will fully fill the great pioneers shoes
 He is already a history maker, and his career is just beginning to unfold. MT. J. T. Robertson, one of the ablest and most successful business men Of the community, was elected treasurer MT. l.. E. Geohegan, who, of course, needs no introduction, was elected secre- tary. A strong board of directors rep resenting all communities which hold i'm portant interests and a strong board of directors and executive committee placed ! in charge was selected. I, myself, was relieved of the details of office work and given my freedom to attend exclusively | to the congenial work of the geological and field management.
 l ''The most striking thing of the stock | holders meeting was the fact that the stockholders were present in such large number and were all enthusiastically inn bued with the idea that there was really something doing, and that we had a genuinely going concern; whereas, most
 of them had really, at the outset, merely taken a stray shot and kissed their money good-by, being actuated either by motives of patriotism, or personal sym pathy for my efforts They all now be- l lieve that we have something in store and something good and big, at that. | T shall take great pleasure in report. l ing to the public frankly, fairly and con servatively, in due season as the work progresses, the results of our operations within the range of my special province and I am sure that the president and his
 able assistants will be glad to do the same"