Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-13
'0IL MEN FILLING
HOTELS AND VACANT
OFFICES AND STORES
Each Has Panacea for the
Cure of the Ills Which Fol-
low in the Wake of Pow
erty,

If the people of New Mexico do not
load up with oil stocks it will not be
for lack of interest on the part of
fiscal agents, brokers and promoters
of oil companies who are arriving on
every train ready to point the way
which, when followed. leads to for
tune" They are filling the hotels and
rooming houses and are occupying the
vacant store rooms and offices and in
that respect are proving to be an as
set.
All Belong to Same Fraternity.
No two of them look alike, though
they all belong to the same fraternity
and there are as many lines of argu-
ment and methods of approach as
there are men in the field.
why They Arc Enthusiastic.
They explain that the habit is born
of the enthusiasm aroused by seeing
millonaires made over night by the
simple process of boring a hole in the
ground through which flows the
stream of liquid wealth which has
lifted horny handed farmers, poor but
honest goat herders and equally hon
est washerwomen of the rural districts
of West Texas from squalor and mis-
cry to power and affluence, during
the past twelve months.
A New Richmond in the Field.
Among the latest arrivals on the
oil bourse of Albuquerque is S. O.
Lewis. fiscal agent of the Damon Oil
company having offices in Eel Paso
but operating five properties, respec-
lively in Eastland county, the Ranger
field. Comanchc county Mills county,
McCulloch county Shallow we'll field
and Fort Bend county, the latter in
the gulf coast field,
Mr.. Lewis spent the greater part of
the week in Santa Fe, where he went
for the purpose of consulting with
the state corporation commission
with regard to securing permission to
establish branches of his company
in the centers of population through
out New Mexico.
Consulted Corporation Commission.
MY visit to santa Fe was very sat
isfactory," said Mr.. Lewis, MY OBJ
ject in visiting the state was not sc
much to sell the stocks of the COM
pany | represent as it was to be given
an opportunity to make plain to the
officials charged with the enforcement
of the laws of the state, every detail
of the plans of our organization
ut has been apparent for some
time that there is a growing DISPOSE
| ton to classify all concerns engaged
| in developing oil or at least in selling
oil stocks. in the same category.
Why the uisit Was Made.
There are oil companies and OF
companies. Some are organized fol
the purposes of selling stock ant
| others have for their object the de
velopment of oil wells which will b'
to the financial advantage of thef
stockholders. We wanted the Officials
| of New Mexico to know absolutely t.
| which of the Glasses the Damon Oh
4 company belongs. Therefore my visi
to santa Fe. / feel sure our PROPOSE
! ton has the approval of the power
that be in the capitol building.
Endorses Field and Springer.
| II was deeply interested in TIL
| published statements of Land Com
missioner n. A. Field and by Mr.
Springer of the state council of de
Tense, in which 10th warned the PEG
| pie of New Mexico to be careful in tht
| matter OF investing in oil stocks. Thei
views coincide with mine in that mat
ter Since we have been organized W.
| have urged, in our newspaper adver
| Using, the exercise of caution on thu
| part of prospective investors in OF
stocks. We suggest to every prospec
tive purchaser of our stocks that hi
I Investigate our properties and the mer
who are managing them. We dom