Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-03-27

made millions and are making more of
them on the present high price for
crude oil-$1.70 a barrel, with pre-
miums in many pools ranging as high
as 30 cents above that price The oil
operators have been generous in the
extreme to building up the better
things in Tulsa and Oklahoma. Largely
thru their efforts Tulsa contributed
S325, 900 for a handsome Y. NJ. G. A.,
$50, 900 for a Y. w. G. A., $500. .000 for
an endowment fund for Kendall col
lego, $400 000 for the Catholic cathe-
dral, s250,000 for a fine hospital and
many other similar institutions. Gifts
! of s25, 900 to $4,000 from individuals
to these causes are no longer unusual.
Multi Nillionaircs in Eight Years.
Kansas has more than contributed
its share of the prominent oil men in
the Oklahoma district. II. y. Greis,
Known thruout the oil country as
Henry, is an old Chanute boy, having
learned the rudiments of the industry
there several years ago, before COM
ing to Tulsa Greis first came to Tulsa
eight years ago, as representative of
the Westcott Meter company, handling
gas meters. Many of his friends now
recall with interest seeing him repair
ing gas meters dressed in dirty over
alls. Today Henry Greis is one of the
most prominent operators in the coun-
try, president of a $7,000,000 oil pro-
ducing company and rated as several
times a millionaire.
He is a joint patentee of the West
colt N Greis gas meter, which is now
the universally used gas meter thru
out the world. Despite his many
other activities, Mr.. Greis still acts as
in, ~
continent field at this time. Mr.. Greis,
like many of the other successful oil
operators, has seen fit of late, in the
interests of economy and for good
business reasons to combine his vari-
Gus oil interests with other large pro
ducing operators under the name of
the Atlantic Petroleum corporation.
The new company, with capital of
81, coo, coo began business on March
|, 1917, and its start has been very
encouraging. To date the company
has about 1000 barrels a day produc-
ton, with about $4,000 acres of un-
developed leases in oklahoma and
Kansas.
The story of Henry Greis finds its
duplicate in many other well known
operators. r.. NJ. McFarlin, president
of the Mc-Man Oil company, and
now the very active president of the
Chamber of Commerce, sold out his
holdings in the Mc-Man oil company
a few weeks ago for $35,00O,000, after
having taken s15,0O0,000 out in prof
its previously. Bob McFarlin, as he
is known in the oil country, few
years ago was a small country banker
at Holdenville, Okla.
Travelling Salesman to Millionaire.
]. 5. Cosden. head and presiding
genius in the big 100000 ,0O0 Cosden
organizations, including at Tulsa the
second largest oil refinery In the
world, ten years ago was IA travelling
salesman out of baltimore. To-day he
is a figure in the financial world, and
uis companies are regarded as the
most prominent in the oil industry
II. f. Sinclair, president of the
$50. OO0.0 600 Sinclair oil e Refining
corporation, the Sinclair Gulf oil com
pany. with the same capital, and the
Sinclair Central American oil corpo-
ration was clerkng in drug store
in Independence, kan, few years
n