The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1919-09-18
MACHINERY ARRIVES FOR
BEAVER OIL & GAS TEST
Drilling Expected to Start at an
Early Date Southeast of
Guymon.

men, bankers, professional men and
ranchment of Liberal, Hooker,
Tyrone, Guymon, Hansford and
other towns in this part of the
country, work has gone on steadily
and the intentions of the COM
pany are soon to become a reality.
The drilling outfit has been un-
loaded and is being taken to the
scene of action, and the last lap
in the financial campaign is on.
4 Heretofore stock mas been sold
Yin blocks of $500 with a limit of
$1,000. At recent meeting Of the
Board of Directors the limit was
placed at $4,000 and a resolution
was passed allowing the sale of
stock in 500 lots.
"Here is the proposition, exactly"
said ]. B. Craig, one of the hard
est workers for the proposition:
"There are a lot of fellows who
could put in a hundred dollars and
would be glad to do so, but they
are not in shape to put in $500.
They are our friends, and in the
event that we should bring in a
good well they would think it un-
fair to shut them out because they
could not dig up the five hundred.
They come to me every day asking
to be allowed a hundred dollar
share, so we have raised most of
the money anyway and made this
change simply to accommodate this
class of people"
Mr.. Craig says that there is more
enthusiasm west of here than in
Liberal, but that the headquarters
of the company being here, will
mean a great deal to Liberal if a
field is located. Not only is this
true, but it will move the center
of production closer, and practi-
cally prove this territory.
,ksGhe Beaver Oil & Gas Company
mas holdings in various sections,
having leases not great ways from
the test being drilled west of town
by the Traders Oil Company. The
bringing in of well by the
Traders company would mean a
big thing for this company and
makes it in reality two tests for
the company.
The Guymon Herald a couple of
weeks ago printed the following
story regarding the company, and
this week we are running a large
advertisement to which attention is
called.
The Herald article follows:
Guymon people are becoming more
and more enthused and alive to the
situation confronting them as the
Beaver Oil & Gas company goes
quietly on about its business in the
matter of sinking a test we'll for
oil and gas on its leases south
east of town. There has been no
loud talk, furious furry, flatter-
ing promises and predictions made
in connection with the work of
this company. The fact is, the COM
9any intends to put down a test
Tell to ascertain if possible what
We have in this community be-
meath the surface of Old Mother
Earth. The men behind the deal
are conservative business men, fair
and square, with an honest inten-
tion at heart, and if every man
in Guymon loses every cent he has
put into the promotion of the
enterprise, it is our conjecture that
there will never be a squeal We
firmly believe, however, that the
chances are a hundred to one that
we don't lose. The best geologists
to be had have expressed their be-
lief that oil and gas is here in
abundance. The big companies are
satisfied of it and are doing all
they can to retard development
until such time as they are ready
to develop their own leases. But
the Beaver Oil & Gas company
don't believe in letting the big fell
lows carry all the burden of MAX
ing money from the oil business
and have so organized and calcu-
lated the future of this company
that it will be impossible for the
big fellow to get in very deep; a
thousand dollar limit is placed on
the individual investor. The money
so far raised from the capitalized
stock has been spent cautiously
and judiciously in buying land, Sc
curing leases, getting the opinion
and advice of the best and highest
priced geologists, buying machinery
for drilling, and otherwise bringing