The Columbus dispatch. (Columbus, Miss.) 19??-1922, 1919-10-26
NOW, ABOUT OIL.

Now here's what we have to say
about oil. Wherever coal and "a
are found it is a geologic alth
that oil exists there also. Coal IS
found in the coal fields east otCol-
umbus in almost inexhaustible guam
titles. Gas has been found within
forty miles of ColunbLs Two cf
the things associated with oil III
This old worlds forma ,iol have btcn
found, proven. The rcologist5 tel
US that oil abourds around here
also. There can be TO doubt about
it. 1t is west Of this rca, coal ,'o.
post. 1t has been found west Of
the coal deposits N PENNSYLVANIA,
Ohio, West Virginia, Kentucky Ten
nessee and why not Alabama ? Trac-
ing the oil areas from the great
fields of Pennsylvania right through
to this section we find that we ar
directly in line with all of the
known and explored fields. There j
bound to be oil in this section and
we may never find it until we bCrc
for it.
The late j. NJ. Barrow, a geolo-
gist of note who studied this sectio;
and its formations for years, was
firm in his conviction that oil would
be found here. His theory was that
the prairie formation, itself pc
culiar geological formation without
a parallel in America, was the re
suit of the oil under it, and som
day a deep well would be bored and
sources of fabulous wealth would b
developed. It's worth the try any
how.
The proposition which the local
company is offering the people is
the fairest that.we have ever known
Usually these promoting companies
are all one way, the way Of the
fellow on the inside. A limited few
generally get all of the bencfi.
and advantages of any development
or discovery and the small fellow
somewhere down the line is squeeZ-
cd out. There is none of that in tn
plan of the present company. They
are all home people. They contro
the leases of all home people There
are no large salaries to pay to fav-
ored officers or large grants
stock to he swipcd by the original
promoters. The man who subscrbcs
comes in for his proportionate shar"
of the whole. That's all there is t
it. There are certain charges which
ere legitimate, such as boring costs,
The company has amassed its hold
ing of fifty thousand acres at ar
initial cost of ten cents an acre.
Every man can afford to take STOCK
to settle the question, whether OF
is here or not.
TIL man who owns cottage hero
can afford to take a small amour
of stock for if We strike oil his
holdings will be at once worth te.
times what they now are. The
owner of commercial property here
can afford to support it for if OF
is struck his property will be WORT
twenty times its pre- ent worth.
Rents will go to the top. Every
property holder in this city and sec
ton will double, triple and quad
ripple his rents if oil is found. Az
example: A man in Wichita, Texas
bought a lot fot $500. built tbirt.
five hundred dollar bungalow, II
sold it for s27,500 cash after OH
was found in the Burk- Burnett,
field. Wichita was like Columbus
before they found oil. Now it is 4,
city Of thirty Thousand people.
Columbus will become a city Of
twenty thousand people in sis
months if oil is found here 1T " j
grow to fifty-thousand within Eve
years and if great fed Is fund,
is will become a city Of a hundrod
thousand population within ter
years.
; It's a big gamble and it viii b.
worth fifty thousand dollars to Us
TO make the experiment, so wher
your time comes chip in to the eX
tent of your ability.