The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-05-12

/ understand that. on account OF the
new law which has recently BECOME eff
fective in Mississippi, that statesmen
are seeking new connections.
/ hold an option on a certain amount
of the capital stock of the MidTexas
Petroleum Corporation, mot the Mid
Texas Petroleum Company, which i
have the permission to sell in the state
OF Alabama. This corporation has fif-
teen oil wells, four of which are gushers
and flow stream of oil as big IS
your leg. 1t has drilled Is wells aud
not a dry hole in the lot The com
pany is only about Sh months old, dur
are now paying dividends at the rate
of S per cent quarterly, or at the rate
of almost "a per cent yearly.
This company has qualified to do bust
r ness in the state of Alabama and
have a permit to sell its stock. The
laws Of the state of Alabama are rec.
ognized as being the most stringent of
any state in the United States. or
about 376 companies who have tried to
qualify since the new law went into
effect in Alabama, there are only two
the law, and who have thereafter re-
ceived their permit to do business in
the state Of Alabama.
Inc pTeSlueHI OI the pdIihlhB uSpal -
ment of this state Is also president
of the state securities commission, and
the company has to undergo an ex-
animation almost equal to the examtna-
ton of a National bank. Companies
are kept out, not by high taxation,
have to be practically as good as a
bank before they can get permit. |
There are scores and scores of peo-
pie in Alabama who have received Their
dividend checks from the Mid-Texas
Petroleum Corporation. The officers Of
this corporation are bankers and oil
men of years of experience and the
properties Of the corporation have been
appraised by board Of expert oil men
qualified under oath representing the
state of Alabama and have been ap-
praised at one-half as much again as
the entire capital stock of the COM
Iany.
t The stock can be had at $500 per
Ware, or at the rate of $4,000 for 100
shares, and a tentative contract has al
ready been entered into to put the stock
on the New York curb in July at five
for one, SO that prospective investor
can draw handsome profits, as the
brokers say that within 80 days after
1t goes on the curb the stock should
bring IL to Is for one. The corpora.
ton owns more than 10000 acres of
oil properties.
can use a few good statesmen for
the state of Alabama and a different
territory will be assigned to each, and
the strongest support in the way of
publicity campaign will be furnished
without expense to the salesman. l
have had eight to ten Alabama mer-
chants and financiers to visit the prop
critics of this corporation with the re-
suit that they bought from 5000 to
15 900 shares each. More than 20 Jew
ish people have thoroughly investigated
and have invested from $4,000 to $4,000
each and who ever heard of a Jew
making a heavy investment in anything
that was not already a success?
Write or wire, or call by long distance
telephone for reservation Of territory
The corporation is fully financed and
not a share can be had from the cor
poration for less than $500 per share,
although under the terms of my option,
which ! secured while the company was
selling it's stock and had only two wells
in, | am still in position to sell 1t at
$500 per share until my option expires.
and anyone who invests their money
really doubles it at the time they buy
their stock. and every indication is that
a man who invests now will make from
eight to ten for one within a very short
time.