The Nevada County picayune., 1919-08-14
HOGAN OLIVER PREDICTS VICTORY WE'LL NO. VIII BE \ CUSTER AND STOCK
 IN THAT COMPANY
 WILL ADVANCE

representative of the Victory oil and Gas Company. and his associates in the pesdemona field. that il properties ia Texas. seems about To he verified on August (. the Lizz.e Queen well. 3ast 17o feet from the tve-aere tract ol Vie .ory No. l. brought in an s.o00-harrel eushcr which iS Incoming known as the best oil well in Texas today els fly worth millions of dollars
 There are hundreds of stockholders all over ArkaHsa~ who are yirall8 H- tera~ted in rt~ mHeuuccmeat ~.Hee il means au immediate rise b the value ot their stock. All eoHaitia1s poin. fo the almost lHe,itabIc dcyclap- ment of a G.oo0-hairel well on Victory No. ], and ole 9t tile tFe-aere tracts of Victory No. lies immediately north Of it.
 The personnel of the mcn back ef this company k guarantee of itS genz uineness and reliability John |. Fra ger, Grand Master Workman of the \ e. L. W. k president of the com pany. He iS 0n eof the foremost fra | tcrnalisfS of the world, and as such his connection with the company k I guaranty of fair.aealiHg n9. (. C. GunnelS. vice-presideHt. is member of the great automobile concern of GamelS=RiIcy- Oliver. and was former 1 lyZ located at Meha. = N Wilhoiie. >ecretary-trca>uror. k special agent ot the A. C. L. ". and one of the largest producers ot business II the country. F. F. Edwards. trustee. K known fayorbIY throughout the staae as successful business man. Hogan Oliver. state auditor and for mer sheriff of Ashley county, field representative of the company is one of the states best known and most popular men.
 Victory No. owns five acres in the four-mile radius about DesdemoHa. which appears n he over pool of oil as demonstrated hy scores of produc= ing wells in that vicinity. An offer o.s S150.000 has been made for this tract and refused The derrick k up, the tools on the ground. the contract for drilling has been let on the most advantageous terms. and actual drill ing will probably start this week. The value of No. l property has increased 400 per cent in thirty days and by the middle of September it will probably be worth many times par.
 This has not been stock selling proposition. but it has been an organi- zation for oil production. II has not been quantity Of acreage, hut real quality that Ghe company has been looking for Beng located in the very center of proven field, with produe ing wells all around il. and with no dry holes in the district. there k Hoj one chance in thousand of failure
 II requires an immense amom5 of money to handle al development. oH aeeaul; of the s@eat and increasing demand foa labor aal matee.als These fore Victory No was organized tor The dczelopmcut af two d2c=ar5e tracts. one adjoining No. oh tHe north. and the orhcl= one mile HpIth The timhcrS are on No. tract for the erection of the derrick. and the eon- tract will be let this week.
 The ten acres of Victory No. could be sold today for 1S7500 cash. Il bona hde offer of that amount hay. ing been received.
 "The offer was refused said Mf. Frazer. Victory was not organized to make money out of the exploitation of acreage, but to make money out of actual oil production in which every stockholder will participate. We are confident that we have q good propo sition and that another two montS will see Victory away above par with no sellers We propose to keep our stockholders advised of the progress of development in this wonderful field. | In the meantime. we are selling linn tied amount of Victory No. , al SIC q share, and it is going rapidly. This k an organization separate and distinct from Victory No l, the only connec- tion being that the officers are the same. An offer was made today by five Little Rock men to purchase the entire unsold stock of Victory No. , at par. This offer was declined, as the trustees desire to give the small investors of the state an opportunity to buy this valuable stock. However. this opportunity may continue only a few days"
 
 NOTICE.
 We wish tO reitterate the fact that