The Birmingham age-herald., 1920-02-29

Lewis Eastland Oil Company George T. Cope director and secretary and treasury is successful oil operator careful shrewd oil man. Albert Walker attorney, Dallas, director specializing oil companies leases and legal questions peculiar to the oil business.
 ISSUED CAPITAL $190,O00, PAR VALUE
 The Lewis Eastland Oil Company is a voluntary citation with Fort Worth headquarter authorized to is sue stock to $5000O0 value It is the purpose of the company to buy settled production and operate the t0 Id deyep @ leases and for the present time
 The capital stock of the company divided into shares of the that the value of share of stock sts wholly in the assets behind the share and not at avoid our shares being taxed at $1OO per share the case with companies having no vaues fixed the they are being offered for sale at he actual value under reasonable appraisal of the assets of this company
 FIVE CENTS PER SHARE
 The treasury shares this company are not underwr- ten They cannot be sold for cents per share The must into the treasury of the company and each share of treasury stock has premium to
 PENNY GIANTS
 t The 6 Empire npr oil Gas Company has par value of IS now selling at twenty-five times it's par value The ago Its shares were cent each They are now selling for 6 cents per share The Mid West Company sold it's per share not the par value share of stock that counts is the assets behind the share that fixes it's value The Sinclair Oil Companys stock has value yet it's shares sell at above $4O0O each The Invader Company ing 10 ha the and the earning power to make their stock worth this recently dividend payable March 18th, and announced it is quarterly feature for the future.
 TAKE OUR OFFER
 Lewis Eastland Oil Company cents per share is wonderful buy when consider that the company has less than $200000 of stock outstanding that it's wells in the months of December and January have established by their records pumpers the basis income of nearly $50 % per year two wells the par value of the outstanding shares with five more wells to be added to the list of bumpers and allowing the normal and gradual decline production These wells should multiply this production and in of 100 cent the outstanding stock Add to this the progressive development the company promises in it's drilling programme. There will be well in the Homer field and later well in the Burkburnett district and from time to time desirable locations reasonable prices can be secured steady of development will be followed.
 Don't overlook the possibilities of a gusher at Homer The Standard Oil Company is getting tremendous pro- ducers in neghborhood. The Gulf Production Com pany, Giland, Sims, Louisiana oil Refining Arkansas Natural Gas, Texas Company Sinclair and the Rowe Oil Company all bringing sensational producers in this Homer field sand they working east On February 11th received wire with reference to 30 from of the best oil scouts in Louisiana He this 30 is good be obtained in the Homer dis trct and this wire coincides with judgment and believe that will get representative well, that this belief have executed the for the imme- diate drilling of this 30
 Please consider the strong points plan of opera tionproducton settled, dvidend-earnng production, earnings tremendously large for the outstanding capta zation active progress in developing holdings to greater earning and finally the wonderful possib- ties of increasing these earnings to unusually high figures