The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1917-10-18
Big Oklahoma Concern To En-
ter State on Large Scale.
To Use More Than 4 Million for
Work in Kansas.
81 CHARTERS GRANTED TODAY
COpan Petroleum Co. of Topeka
Has $4,000 Capital.
Five New State Banks To Open
in Short Time.


outlined plans for extensive develop
ment of the Kansas fields. when they
increased the company's capital in this
state from $4,000 to S4,360,S10, and
announced a gross increase of CAPT
talization from two to twenty-five
million dollars Following the action
of the Standard Oil companies of
Kansas and Indiana in seeking to Sc
cure court permission to engage in
development work in this state. the
Carter project today was accepted as
an indication of most widespread oil
activities.
The proposal for increase of the
Kansas capitalization was today APP
proved by the state charter board
While plans for development of the
Kansas fields have not been an
nounced by Carter company officials,
there is little doubt as to a plan for
most widespread development. For
months the. Carter interests have been
grabbing leases in Butler, Greenwood
and Cowiey counties. At this time the
company holds some of the choice
properties in these fields. owning
/ large tank farms in Butler county
/ fields. Oil men regard today's move
as elimination of plan to enter kan
sas in competition with some of the
/ largest producing companies.
| 1t Is Oklahoma Company.
/ Two states Kansas and Oklahoma
will be directly affected by the Car
| ter project The Carter company is
| incorporated under the laws of Okla
! homa and its home office is Tulsa
4 The Kansas office is in Independence.
] One report in Topeka today was to
! the effect that the increased capitaliZ-
alton of the Carter means a consolida-
/ ton with the Empire, one of the larg-
4 est companies in the Kansas fields at
this time. 1t is also reported that
Carter interests propose the construc-
ton of a pipeline and refinery to
| handle its Kansas output.
Location of refinery in Kansas by
the Carter interests would doubtless
4 give new impetus to development in
1 the Greenwood county district. where
4 the, Carter company has in the last
1 year bought thousands of acres of
! choice leases. With the Butler county
| fields established it is the belief of oil
! operators that the Carriers will prob
4 ably be among the first companies to
! swing to the east for development in
4 Greenwood county, where some thirty
! or forty producing wells now insure
/ a new and productive field.
/ . In Oklahoma the Carter company
is on a footing with the largest pro-
ducing companies. Its increased cap
SuIIlclGnI
funds for thorough development of its
! holdings.
Many New Charters Granted.
Charters approved by the state
board today practically set a new rec
ord in capitalizations in a busy sea-
sen of incorporation of big concerns
The state board approved charters
for 81 corporations, % of which rep
resent new capitalizations of S4,655,-
$40 Nine companies and organiza-
tons were admitted without capital
Among charters approved today
were for esta blishment of five state
! bands with capitalizations aggre-
eating $4,000. The board approved
location of new state banks in Wich-
tia, Leroy Bala, Riley county; Treece
Cherokee county; and Bluff City,
Harper county.
A new Topeka corporation is the
Copan Petroleum company, capital
Charter applications examined and
approved by the state board include:
Minerals Holding & Development com
Kanok Metals Co. Gaiena. Capital $1,000.
O,Neill Petroleum Co, Walnut. Capital
Alfalfa Mining Co., Baxter Springs. Cap
Del iNorte Oil * Gas Co, Independence.
Firemen's Relief Association, Howard.
L
alton, Severy. No capital.
Commercial Club of Walnut No capital.
pany, Pittsburg., Capital SIS, 600
Beaumont Amtieline Oil & Gas Co, Wich-
ita. Capital $50, 900.
$40 oOc p''''
Golden shore Oil & Gas company, Kan
sas City. Capital $4,000.
Shearer Drilling company, Arkansas City.
antelope oil & Gas Co, wichita. Cap
ital S10c,00e.
Kansas & Texas Oil & Gas company,
Chanute. Capital $15O,00O.
$500. Drug company ottawa, Capital
Copan Petroleum company, Topeka Capt
Firemen's Relief association, Fredonia.
No capital.
Income Oil & Gas company, Kansas CITY.
Capital $4,000
-, AA(er Maehipe company ny Of Pennsylvania.
Wauneta Oil & Gas Co, Rosedale. Capital
os~ego Oil & Mining Co, Labette. Capt.
Hawk Oil s Gas company, .welIsvilIe
Capital 100000
Southeast ALLEN County Fair assn
Saw enburg. No capital.
orpheum Amusement company, Army
City. Capital $4,000
Beloit Fire Department, Beloit- No CAPT
. Shawnee boulevard Christian church.
tiosedale- No capital
Pleasant Hill association, White Cloud
Tampa Merchandise company. Tampa
! Capital $4,000.
Golden Rule OIL company. wichita Capt..
tai $4,000.
Army Supply company, Army City. Capt..
tai s.. COO
: Bala State Bank. Bala- Capital $4,000.
Peoples State Bank, LeRoy-- Capital
$4,000
Peoples State Bank. Wichita. Capita
Treeee State Bank. Treece. Capita
. Farmers State Bank, Bluff City. Capita
$4,000.
Carter on company. Independence. In