Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1918-06-30
LEGAL

khe pf f0iefshc1 fknt 70 f~brt5f hN''h h@N.N
or trscts of land nauod herein unArr such
tract or traetA. with which 10 pay for said
improvements and equipment In tho event
tbs owner Of the prefsrones right 10 re-
lease such tract or tracts docs not easr-
eiss his or its preference right 70 re-leAse
the same At the highest bid Offered there
for, and that tho improvements and equip,
rnent on any such tract or tracts OF And
bid for as herein described, shall beeoss
tho property Of the successful bidder IN
tho sveAt that The owner Of the prefer
enes right 70 re lease the same shan not
erurcise his or itA proferenes r're' to re-
'ieBke ssoA tract or tracts Provided That
the owner Of the preference night OF any
such tract or trSets Of land herein uAm~d
shall bHys Dsrea days after tho bsdS on
any such trzo; or tracts are opened sy 10
Cornm,rsion.ru Of the bAnd Offine, winln
which 70 determine ard sohiy tso Com
nisa'eoers Of the Land office vhethcr u
Or sr. no de.s 70 eIsrs,'. Its ,S S t1,,, 5n prs or
tracts at the maximum rate d rentals,
royalties Anl bonuses offered therrt0r
Each bid, in addition 10 tho d~posit TO
pay for tho improvements and eau pfnenl'
Ehsll be accompanies by certified eh~ot
or bSnk dr.ft In tho gum Of One TbJussnd
Doiisrs 81 900 oo), payable 70 tho Com
missionrrs OF tn. Land Nheo, As De
porii Of earnsst money 70 insure the eie
oatisn of the lesSo by The bidder and the
furnir hing VI the bond a. requirud by Law.
Provided. that one deposit Ia The said
amount Of One Thousand Dollars l,ooo)
shall cutiiie the bidder to bid on ene or
oil Of said naeta Said sum Of Que Thou
EAnd Dollars Isl 900 oo) drpoHied by any
bidder earnest money In compliance with
this reauiremeht shall be returned 70 sAld
bidder II the bid Of such bidder Is mot
accepted By the Commissioners OF the LAsd
office
Bids upon oil and Eas isases upon each
Of spsh tracts viii be received separately.
separatety for royalty Of one uiEhth Of
the Of, and gas protsoed ther-on, nd
W the highest responsible biddsr, Suhleel
90 IN, rirht of the Cnpmis.iosers Of The
Land offiee 10 reject any and al b'ti
IT, lsrdI herein will pc oated f9r 'h-
psried Of five 90 years and ~ hEg
thereafter sa oil or gas may be prOdOoed
thor'4"og, IN paying Quantities 1@'d ease
w. hrtftr rSoVide that II no vel s
completed upon any tract 10 leAsed within
one year from the date Of tho lease, The
lesHee shall pay 10 the State OF ObiAbOmn
EnnuAl rental n advance, the sum Of
ment shall operate 70 defer the compile
tion Of the we'll during the year for which
sneh rental Is paid, from yosT 70 ycAr dur.
inr the term OF the lease and hat said
leases win oontsin such other and further
tsrnss and conditions as are hereinafter
stated and sci forth us4er The respective
tracts Of land ordered 70 be sdVert1ed, and
- Is by the laws OF tho State Of Oklahoma
authorized and provided
II the owner or owners Of me preference
right 10 release any Of the hereinafter
doscri bod tract or tracts OF land shan fal
within three az days sitter The bids
opened and The Commissioners hASe de-
cided what OF WHICH is the highest or beat
bid, to elect to take Such lease al the BID
found by the Ovmmi ssionoTs 10 BE- The
highest and best bad, then and thsreEpon
the sam Of nsssy deposited by the sue
cessful biddcr with which taHpay FOR tho
improvements and equipment on such tract
or tracts Of land. shall be By the Com
misioasrs OF the Land Office pAid and de-
hyered In ha raid of the urRfnre1fca
righ, 10 re-lease said tract or tracts OF
land, and upon the payment OF sAid sum
Of money so depoaited. % soeh owner
Of the proferenee right to re-loAso any
tract or tracts OF hnd, the SueeeSsinl
bidder shall upon the execution Of the
lease covering such TAe. or raotS OF land,
and the bond provided for by statute, and
the compliance with the terms VI hn or
Its bid. become tho owner OF the improve
ments and equipment said tract or
lrAetS OF land. Provided that, IL the Oon-
missioner of the Land office shall re
jeci all bids offered Any rGet or tracts
Of land. thersupon all moneys deposited
by the bidders earnest money in con
nection with their bids such rAct
and all moneys deposited by bidders on
such trss; tracts for the purposc OF
paying the value OF tho improy ements and
equipuent such tract or tracts, shall be
Immediately returned 10 the respective bid
beTS so depositinE the same.
In the event the owner OF the preference
rirht 10 release any tract or tracts here
matter described. now being developed or
operated, fails 70 elect 10 exercise his pre-
fsreoee right 70 re-lease the same, the sue.
cessfal bidder shall pay to The owner 0f
the profernsos right to re lease such tract
or trsets, in addit ton 70 the heretofore APP
praised value OF impro VEN eni and equip.
ment soeh lrAct or trsetk- the cost OF all
improvements and equipment placed by the
owner Of the preference rtghi upon any
such tract or tracts between the date OF
the ApprAis-rncnt OF the Improvements and
oquIpme on such tract or tracts By he
board OF appraisers appointed by the Com
niksionerx OF the Land office and the
date OF the awarding Of the lease thereon
70 such successful bidder. Such oOrt shall
be paid In cash by the successful bid
der 30 the owner OF the pteterence hight to
release any such tract or tracts within
ten days after tn, lease Ia awarded " any
such successful bidder; and II any Sseh
suecIssful bid der and the owner OF The
preference right TO release any such tract
OF tracts shall be unAbie 70 agree upon
the amount Of any such costs shah ps
determined by the Commis7ioners Of the
Land Office aud their determination OF tina
amount shAll be binding upon both parties.
Except as hereiusftcr specified under any
tract all bonuses bid by the bidder for
leese' on any EHc; or tracts shall be pay
able in cash Al the time the lease Is
sIe'uted and delivered TO the sueceSSfyh
bidder
Each bid must be on file with or d-'iv
srod TO the Secretary To the Commissioners
SET for the opening OF said bidS n bid
be sant in by MAI it must be Sea,ed in
envelope and marked thereon ''bid for oil
and gss lease, and placed inside Of another
envelope plainly addressed to the Seere
tary TO nhe Cofanaissioners ot the Land
Office, and marked thereon ''Uil and Gas
Bid"
! fun and complete inventory OF an
Improvements and equipment on each Of the
following tracts Of land has besn made
and ia on fiie In the office Of the Sccrr-
taN 70 the Con- missioners OF the Land
Office for the inspection of the public
No bid viii he considered that tend 10
chSnge or alter the time In which drilling
Is 10 rou,mence, the amount OF royalty or
any other condition herein set out
! The Commissioners Of the Land Office
reserve the right 70 reject any and all
bids
The number and desorp ption OF the tracts
Of land 70 be lesssd, she minimum bid
for lease thereon that will be considered
bv the Commissioners Of the Land Office
the appraised value OF tho improvements
and equipment on such tracts and the
owner Of the preference right 70 release
such tracts at the maximum rata OF rem
= tails royalties and bonuses hat may be
offered therefor and additional terms and
conditions reguired for leasing said tracts
sre IS follows to,wit,
TRACT NO. Section Thtrty-thr~e
t33), Township Twenty -niSe t2g) North.
Range Ono tll West; nay County. Mini.
mum bid, $l2sO 90
owuer Of preference right TO rolcAso--
Kay & Kiown oil %
TRACT NO 2-Settion Thirty.sir t36),
township twenty-nine t2s) north Range