The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-01-07
Refineries Are the Safe Side Of
the Oil Business

The actFe management OF this company is
composed Of men who are experienced in the oil
business. The company has passed the expert
mental stage and is real going oil and refining
company, During its formative period, it paid
dividend OF ten per cent and plans to pay another
dividend of 20 per cent in January.
From the first the company was on sound
basis, The organizers proud OF the fact it
the first oil and refining company to obtain permit
from the Government Capital Issues Commission
to sell stock We
An established properly managed oil and re-
filming business is safe and sure an investment as
a wheat farm cotton plantation. No other kind
OF investment can pay today or is paying as large
dividends as a good oil Investment The outlook
for our companys future is as good if not better,
than that of other refineres at Our age.
The Ardmore Refinery, at Ardmore, Okla was
erected in 1914 and all its holdings sold in the fall
OF 1916 netting its stockholders $500 for every
$l.00 invested The Ponca City Oil & Refining
Company, Ponca City, Okla, in it's four years of
operation, paid than 400 per cent in dividends
and sold out, netting it's stockholders s. $4,000 for
each $1,000 invested The refinery at Lawton paid
for itself in 90 days operation and the first refinery
at Iowa Park, Texas paid for itself in 80 days
operation. The Texas Refining Company, which
started few years ago with small capitalization,
today has capitalization of %5000000, OF which
$45,000000 we are informed has been issued to the
stockholders in dividends. This is besides the cash
dividends which in 1915 alone were $25000000
Then there is the Oklahoma Refining Co. of Okla
homa City, which sold, netting it's stockholders
$4,000 for each $l00 invested. The T. S. Cosden
Refinery at Tulsa, Okla which started few years
ago with refinery one-third the size of our Cush
ing Plant No. |, now has paid up capital of
$30000000 and no stock for sale. The Federal Oil
& Refining Co. has greater guarantees OF success
than these companies had.
Divert some of these dividends to your own
pocket by promptly taking advantage of this limited
stock offering at $3.50 per share Federal stock
not only offers an investment i'll which the spec
uatve chances for profit from its proven acreage are
enormous, but it offers safe dividend paying invest
ment in its refineries where the element of risk is
entirely eliminated
You contemplate an oil investment Oppor-
tunties come to every one. This one has come to
you. The fact that more capital is needed to carry
out our plan of development gives you an oppor-
tunlty to Join u.s. We invite close investigation.
If you desire any additional information, write us
and it will be furnished gladly without any obga-
ton on your part.
All money received from the sale OF stock will
be used to build reneries, additional pipe lines,
and to buy additional tank cars.
Only limited amount ct this stock will be Of
fered to the public at $3.50 per share. Stock may
be oversubscribed any day. INVEST NOW, AS
THE STOCK POSITIVELY ADVANCES TO
$1,000 PER SHARE JANUARY goth. All appli-
cations in the mail up to midnight January 10th will
participate in the dividend to be awarded at the
stockholders meeting on January 2oth ONLY
THREE MORE DAYS LEFT YOU WILL
HAVE TO ACT QUICKLY.
OUR REFERENCES.
The Bradstreet Co.
r. G.. Dun & Co.
Liberty National Bank Oklahoma City, Okla.
Continental Bank & Trust Co., Fl. Worth, Tex
First National Bank Gushing, Okla.
For further information call, write or phone
Federal Oil & Refining Co.. w. w. Woodward, State
Manager 1909 Central Bank Bldg, Main 2l82,
Memphis, Tennessee.
We have good territory open in West Middle and
East Tennessee for stock statesmen brokers' Give ref
In your first letter.
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