The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1917-09-26
OKLAHOMA STAR
RE0RCANIzED
Entire Management of the Companys
Business Taken Over by Presi-
dent George Gorton.
BIG FUTURE PREDICTED.

On Monday, September TO- there was
effected An entire reorganization OF the
Oklahoma STAY Oil company, tho for
rncr management under the direction OF
Mr.. {. M. Joincr,as secretary treasurer
retired and handed the management
over to the new president. Mr.. George
Gorton Of Racine, Wis. Mr.. Gorton on
taking charge asked for and received
. the resignation Of three of the directors
that had been chosen by Mr.. Joiner,
and as they resigned one by one their
successors were elected on Mr.. Cor
tons recommendation.
The new directors elected are Prof.
s. N. Hopkins of Oklahoma City, Clint
Stein6erger of Oklahoma City and r.
". Clover of Cambridge Kan, Mr..
Clint Steinbcrger was elected secre-
tary-treasurer IN place OF Mr.. {. NJ.
Joiner. resigned, and assumed the du
ties of the position on the morning of
the llth.
The general offices of the company
have been removed from the Hersko-
wit, building to SIS Mercantile build
ing.
This change in the management
means much to the interests Of the
Star, as the most rigid system of econ.
omy will be inauguratcd in the man
agement, and in future no money will
be expended in drilling outside OF its
proven leases
The new management, with Mr.. Cor
ton as its director, cannot fail to secure
the cordial and loyal support of every
70 stockholder who wishes the company
success, and as Mr. Gorton is several
times a millionaire. his name alone will
be sufficient to insure absolute conf.
dencc in the company's future a
Mr.. Gorton announces that the first
work will be TO make the stockholder
an accurate inventory Of the company
holdings, giving them a complete rcpor
OF its affairs: what has been done II
the past and its plans for the future.
This done, the next work will he e
outline a conservative plan OF driHml
out the proven leases held by the com
pany and 10 as speedily as poSslbl,
basis for each and every one interested
Mr.. Gorton does not assume the re
sponsibil,icS oi the management OF th
company through any desire to prof
thereby, for hiS many business inter
csts demanded all his time, but rathc
than see the investment OF the man
hundreds OF people who had put thei
money into the company jcopardiled h
would make the sacrifice OF his tim
and do everything in his power 4
make the Oklahoma Star Oil compan
all its most enthusiastic supporter
have hoped for II, and all this withou
fee or hope of reward other than tina
which would naturally come to him i
making his own stock valuable
In this connection il may be stated
for the benefit OF those who are nc
personally acquainted with Mr. Gortol
that he is a gentleman who does thing
everything he promises, and that Wit
his name a, the head of the compan,
there will be no hardShips In Sccurin
all the financial assistance needed
MI Gorton now proposes to give a
the time possible and aid he can to III
building OF the company without. an
salary whatever lie will also see to
that those who handle the company
business under his direction, shall /
paid only such compensation as the
actually earn No. money will I
wasted. no fabulous sums paid for an
kind Of service
II is the judgment oi all those wi
have investigated this company that
holds some Of the most valuable oil A.
gas leases in the mid-conimcnt ilel,
and that its future is bright indeed.
ADV.