The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1918-03-19

millions during the past ~ years in
building up this Pioneer Independent.
II has deposited In one bank In Kan
sas city, Kan, In last few years nearly
six million dollars In cash. Every
penny or dollar paid out goes out on n
Company check signed by four Off
GERS The Company Is controlled ny
81 ,plrectors-all Of whom are large
stockholders. The Company Is on a
check and voucher system II makes
regular sworn reports TO the Federal
Government on It's income tax reports
and pays taxes on properties In 3 states
lt has marketing stations In s states II
was the first Company that dared to
invade the OIL Trust domain In the West
T. years ago and had the courage ID
fight through TO victory In district
where no Independent ever maintained
marketing stations direct to the peopfe
for forty years, Our three reflneries sfv
located to cover the trade demands scf
the Central West. one is NJ Cherryvale,
Kansas, one at Kansas City, Kansas,
and one at Tulsa. oklahoma.
The Tulsa refinery has been leased for
J years on a basis OF about 6 percent
on half million dollars
We have the larger percentage OF our
ltO oil producing wells connected by the
goo miles Of pipe line to the Cherryvale
| refinery. Around these oil producing
wells on proven leases are about 200 good
| looking locations for oil wells that should
start at from 10 barrels to 900 barrels
per day.
Every employe and officer in The
| Uncle sam on Company is on specl-
| fled salary ms ordered by the Board OF
| Directors. The Company Ia not paying
some greedy, grabbing brokers, bankers
or stock spectators ~ to e5 percent 70
sell stock but Is raising the necessary
capital direct TO the public and it's
stockholders at the least cost possible.
! During the past year the cost uf rails
/ lng new capital has not averaged over
| - percent while some OF the big high
| brow" concerns hacked by oil monopoly
/ bankers have paid over 30 percent. This
saving alone win In time develop the
great properties and make the Company
! rich In dividends for the stockholders
! We have very large wildcat lease in
| northwestern Kansas where big drlll,
| derrick nnd big pipe should he put on the
ground by spring Crude oil will become
more necessary every day the war lasts
and will be In greater demand after
| America helps win the fight for World
| Democracy
To win In oil you must develop on a
hlg basis one well or ten wells are a
gamhle-but no company ever failed In
| OH that drilled a hundred wells. We
believe that especially in the great Tenn.
pie Tract there Is a real chance for the
] UeAl great RWNOtI pool or nlEh Efh0e Oh
| I'm America. We may drlll twenty dry
holes or small producers before we strike
the gusher spot But The Uncle Sam on
Company n a slayer. II never gets dis
courogcd or gives up lts leadership con
tains practical pioneer oil men who will
build the Company bigger md better
until the stock should pay handsome re-
turns and In TO 10 years reach an enor-
nous value
Some big producers have been secured
n short distance north Of three leases
Of The Uncle sam on Company In the
/ Gushing district We are now arranging
! to drll one Of our Gushing wCNg deeper
and may have new gushcr there within
"a few weeks
Near the center Of about r. O00 acres OF
| leases IN the Lindsay Rradly district In
| Gnrvn md Grady counties Oklahoma
! Tho Uncle Sam oil Company has been at
| work for over n year In two import M
wels-one Of which Ia Just through the
! Red Red formation into blue shNle. md
/ should strike gusher production within
| the next 100 TO roo feet A thousand bar
| rel well at this location would make that
| property worth millions
In the Headton- Foxs district. IN
Southern oklahoma. The Uncle Sam on
Company has a great lease Of A. 25O acres.
and has been AZ work for over year
on a deep well that has now reached
the depth where rich results may he
expected daily
In the great high grade oil state OF