The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1918-03-14
BUY STOCK IN A
RELIABLE COMPANY

TVS VI ihohSy Investing IN OIL ana
mining companies in the Northwest
during the past three years, and a
whole army of backeast folks will
make scads of money during the
next few years.
How will they do it?
BY careful investment Investigate
thoroughly before purchasing stock,
10 a good old motto to follow.
Like buying horse. The man sell
ing the horse to you tells you the
horse is o. X. In case the man Is
stranger-a "hosstrader"---you sim
ply have to depend on your "own
judgment" In case your Judgment
is good. you are lucky. Otherwise
otherwise. In case the man is well
known to you. you know pretty well
the man cannot afford to lie to you.
Nine times out Of ten the boss is
o. X. Fact. isn't It?
Just SO with buying oil stock. You
ask. rs the company reliable? Have
they bank references? fave they
any oil leases in proven fields? Are
they drilling? Have the officers OF
the company Quilted the treasury for
their own benefit. Do they operate
stock exchanges in large cities to
boost their stock?" And hundreds Of
these questions might be asked. and
still the company may be asked, and
still the company may be on its last
legs and get by in answering any OF
the above questions to the satisfac-
ton of most Of their inquirers.
Why9
Oh. the English language Is easy
to manipulate--easy to put In phras-
es to fool the best Of 'em.
They say Kansas City has 1.400
oil companies. Denver 500 and other
cities more or less. according to their
size. Billings. Montana. has a dog
en- or more. The largest Of these
is the Liberty Oil and Gas Company.
Of Montana, with head sales offices
in the Northern Hotel Block, Bill
ings.
The Liberty Company has four rigs
pounding away night and day. They
ARE nearing oil in Elk Basin, where
they are down over 400 feet-only
few hundred feet to 60. There are
some Of the largest producing wells
in Elk Basin, about 80 rods from
their 724 acres of oil leases there
Elk Basin produced over $25. 100000
In refined oil in 1917; 1t will go Ovei
the $5O,0OO,OO0 in 1918, SO the o.!
operators predict.
The Liberty Company has ovel
100000 worth Of equipment and
$4,000 acres of choice leases. all
paid for. About 10 1-2 per cent OF
the capital stock has been used n
! accomplish this. A total of about
$4,000 was aised in three months
at cost of less than Is per cent
on the dollar. Most companies fig
ure 35 per cent FOR agents to sell
stock; 81 per cent for promotion
purposes, and about IA per cent goes
into the treasury for actual develop
ment work. This is a fact--inves-
legations will prove 1t. Not so with
the Liberty--they are after oil and
dividends for their stockholders.
The company has just issued. In
colors. one Of the largest and best
booklets ever gotten out by any re-
liable company. giving photos Of
their operations and many interesting
and statistical features about the oil
situation in the Northwest. Send for
a sample copy (l0c) for the OIL and
Mineral Journal. Billings. Montana.
published by Old Man Harris, Of
International newspaper fame.
The Editor of the Oil and Mineral
Journal will not publish wildcat
company" ads, and will give you re-
liable information on any company
operating in the Northwest.
4 The Liberty Company expects to
bring in their Well No. at Elk
Basin within thirty days. The stock
Is selling for 15c now. II will 60
up in price AZ wells are brought In.
This company offers the inv stor one
Of the best Investments today. They
are a going concern-four rigs
$1,000 acres OF oil leases-aii paid
for-pounding away night and day
and only about 10 ID per gent OF
the treasury stock has been used to
accomplish this.
II Make It possible for them to put
down forty or fifty wells this year
by buying stock today. We need