Every evening, Wilmington daily commercial., 1920-01-05
NOTICES.
NOTICE TO STOCKHOLDERS
TO THE STOCKHOLDERS OF THE
OKLAHOMA PRODUCING AND REIN
HOLDERS


TO THE STOCKHOLDERS OF THE
OKLAHOMA PRODUCING AND REIN
ING COMPANY.
Notice of a stockholders meeting to dis
solve your company is hereby given.
The board of directors received from Tho
Ohio Cities Gas Company. through the
efforts of your company s bankers, Messrs.
Luxe, Banks X Weeks. an offer to purchase.
provided the board of directors and stock
holders OF your company should duly con-
sent TO dissolve u, all the ordinary shares
aud preference shares of tho Union das
Petroles d d'Okl3Ioma (ahout 6S per cent OF
its total stock owned by your company
uiatSly S5,6SS 900, after deductinR commits
siou 20 Nossrs. Luke Banks Il Weeks Tho
above Union deS Pctroes shares cost your
company in round figures 81 7;s5. 600. Tho
hoard OF directors carefully considered the
offer and concluded IT, would be for tho best
interests OF the stockholders Of your com
panN 70 authorize its proper officers to &C
cordingIy
The Oklahoma Producing and Rcfining
Corporation OF America: has outstanding
st-oOc,obo of preferred stock and $40 $50. -
600 common stock After IL took over (in
lHlS) all OF the operating properties OF your
hoiding company and 10 would have been in
order 10 dissolve 1t and distribute is assets,
nut Tor tue fact Of the ownership OF the
shares above mentioned Of the Union dies
re' r,plos d'0klahoma the latter nwnin. the
preferred stock and minority of the com
mon stock of Tho Oklahoma Producing and
fstiiilIE DrntTd flOn OF America Iff
shares OF the Union des petrnles arc in
bearer form arc not dealt in on any Ameri-
can exchange, and are otherwise not in salts
factory ,orm for delivery to American in
vcstorS. But now that your company =
only assets are To consist of ssssh and two
million nine hundred seventy thousand
(2.94O .nt0l Shafs'S of the common stock
of the oklahoma Producing and Refining
Cooperation Of Aumcrica uhN operating
company Il is believed that the hest In
tcrestS nf tho StockhaldrrS of vo;Ir cOr1-
pany would he served by ci,eeoTvine yrur
coupans and distributing its assets Upon
such distribution each holder OF your com
pany stock can expect IN rr'ctv rc-
share. about two dollars and thirty ceat4s
(F3 So in cash and about ono and ono
fourth Ol4 shares of the common stock
of the oklahoma Producing and Refining
Corporation Of America Your company
gincc it's inception has paid ros,ula- yeAris
dividends of ten per crutum {tU per cont d
whit" thc corporation has raid rc3 rllar tivl
dends OF eight pcr Centum ~ psT crnt1
Application viii hr made Ia list the cor
porafiou common Sharcs on tho New
J ork stock Exchange and II earuiDrs
continue 70 warrant ~ u IS intended that
quarterly dividends Of At least p.,r rs-n .
per aDnun' sh7ll Lc paid
You arc hereby notified % thar tho hoard
Of directors of the company At = meeting
held January = 1920. considered fhe al
visibility os dtssolving the company 1ad
dtstrihntine 6 assets, and iuly adopted
Resolved Thst in the Judgment of tAe
board II direrto~S it Is deemed az dvisahte
duSing & Refining Company that the com.
p8ny should he dissolved and to that and
and IS required hy Law thst = r1es ting Of
the Stockholders ~ fhe r0rnp.u,- IN fakr
action upon this -Vsolu tion hr ana ~ hersshy
IS called ~ hc he Il at the principal ONCE
Of the company. at M "a Wall etrn,t New
Work City on the goth day ~ January,
1890. at II 50 O'Clock in che 70 -pnoar and
that the secrrtary ~ the conpauv he and
ho hereby Is directed Within ton DAYS ~
the adoption uf this resolution 20 cauao
notice of its adoption to hc u1ail,7f Il, carh
etockhoidcT 81 the company residing ID thc
United states. and also within ton days
70 cause q like notice IN h. inserted in 4
ucwsDapc- puhliS1ed in tho county 81 NnS
CaStiC IN the state cF lelaUarc ssr AZ isaAf
thrrC successive weeks. once = wr~l next pfr-
cCiinc the time appointed As aforesaid sor
the meeting cf tho 81 ct thuldcrs haviug
voting power
And = that the board ~ directors II the
samc meeting duly called 8 special ntpff7c
If the stockholders " The cornpauN to hr
hcid Al The otrcS ~ the company at ~
~ All street. oD nc IbtN ia, ~ January
1890. AZ ll-30 c}ocs iu the FORENOON ~
take action upon the resolution 50 adopted
oy the board Of diNCtorS ~ tn, ,-nny.anv
fou arc urged 10 sign the enclosed rr,,xy
md consent. and - mail II 70 the 80 NJ
-sry Of the company in thc solf-addrs,>S VI
stamped envelope enclosed hore,g1th
whether you expect 70 hc personally prcs
M ~ THE meeting or not.
&N ORDER Ot TIL BOAEIh OF DT-
RECTOkS
Il. q. ITLT$TRAND
First Hire President
Dated January B. 1870