The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-03-20
ALBUQUERQUE MEN
ORGANIZE FOR BIG
OIL DEVELOPMENT
Montezuma Petroleum Company
First Local Corporation to Enter
New Mexico Field; win Operate
On Conservative Lines.

"Notlce. This b. a development
We are mot producing
aud are not ON n dividend paying
basis The management IL cont
posod 81 husiness men. citizens ~
New Mexicu. and will use the most
efficient methods Hnd exercise eN-
ery auuon 10 make This company ~
big success, u real money maker.
The potential posslhllrcs are great
However. there o. an element %
rlak Boo nIi pioneer Development "
sou are o. widow ur "a cripple and
cannot afford 20 tfkU D nsk with
a.. du not Invest
rms b. the ririklngiy unusual cau-
finn printed upon thr stock auhsCrip
tIun receipt blanks ~ tine Moutezuma
Petroleum company lust incorporated
hY "a group ~ Albuquerque men, ~.
dor tho hwa 81 New MHKlcn. with IN
authorized capital stock OF three mil
lion dollars
Tho new company s the nrs, local
corporation 60 ts formed Cor thH pur-
pa.n nf outcriur The 90 Development
field In Sew MeNicu o. officers lud
directors are all lurfi men. IL or
Etuisatiou AMI operating plan h. CON
sentative aud u means huainess ~
organizers believing that New Mexico
offers extremely favorable ppssiulli.
NHHM ~ NNLE JUS" NL 20" 80. 49,"
Albuquerque. boruus' ~ SHOWN geo
logical conditions. De- likely 60 be- the
geographical ns we'll aH the financial
center % that icld.
The Montrzuuia Petroleum com
uuny y stock hiss ~ par value u one
dollar ~ is All common r'urk. tull
paid and uun-asfcfsHhlo The aiu-
Giles 81 incorporation are BROAD 20
permit the company Oh engage iuf fn-
b. id. ..H.HH#H.am HAH .HH NnHH a. hHN NHmNH
and lenses aud suriEo lu hulidins ard
operation uf uIpc liurs rrnurriof and
natural gas HuuuI N~rurrullN th"
r.f provides that not fn aNcrfd one.
|H.I. cd tifu REQUIRES she'll lH USED
.u drilling The remainder h. a. be
used in the stable end ut the
600 business, Including the pipe line
and refinery cuisines
The financing cuntrmplttcH offer
ug only Il limited amount 81 stock
locally This viii DO limited tu tiffN
Thousand share and viii Doe placed un
the market Monday. March 2tth|
Thereafter tho shares wa advance in
price az tht rate ~ one cent pet dag
fuI nfY days. ur unul May 70. hen
Do wI1 reach par The remainder ~
th, capital stock iF to he placed Ia the
central and eastern states
nciic,r In New NirNiro Iicld.
NNH -N NHNNN"'H LH
trni,um huiryr firmly lu the future
Of Sew Mexico aH au Oh producing
state They have studied the geulu'
rItul reports which Indicate fave
tieHrl, defined fields lu which experts
believe uii viii Dol, found tu merchant
900. VOLTAGE o. o. uIuuuHrd 90 adopt
l vigorous icts ne policy over q terri
tors including san uHu Mckinley
-tuHHttI Hfuft &c. Valencia. Herns'
.IIt snUIrfu Torrance Lincoln cha
Beds UuH BONA Ana counties q
BOO These ruuutIrs that rnulugln''
fHTHHIrf ui NIs ntUrlrr
Ths company bias nH-rl i's pruWn.
HH su.usr 600 str.Dt ,uHt basic and
rI ..urk uHlIiuFs uf tho urs ntrt
have been p'H 60 lu escrow pending
lupIrfiun ~ tun promotion
Tho uiu",rH AVID directors are = "
f'tAuulda presiicn' o. ~ EHi'lvr
tI.t president. Gpnrrs e. Taylor. soc
tstli. uni counsel " " flowers
treasurer. o. q uAs,r o. " Miller
~ D. WhIuuHlf nr o. M flowers
lu. , o.. H,inIs'uu Tie executive 81
nccs have horu opened 90 li- s"uii
second sfTtHt