El Paso herald. (El Paso, Tex.) 1901-1931, 1920-02-07

watkins, OF vienna + ais, are backing the dTllI-
ing of this Watkins deep test. Fifty acres off
setting the deep test on the Hodges tract and also
Offsethng the shallow production on the Pace
tract. Fifteen acres In the original Ferguson tract,
on which is now about 40 producing shallow wells
with deep test also drilling This lease is between
the deep Alberta well and the Watkins. Twenty
five acres In the OVERLY tract, one-quarter mile
from Ferguson producers. Ihirty-seven and one
half acres north of Watkins and only three-quarters
of mile from production. Every acre of these
leases are offsetting, adjoining or surrounded by
fully fifty deep tests. on which $4,000 is being
spent every day.
This acreage Is not only worth twenty or a
hundred times its cost to us. but other people are
spending fortunes to develop this property into mil
lions for US.
Now, here is my proposition: $4,000 in cold
cash must be in the vaults of the bank by noon
Thursday One-thrd interest in all of these leases
will be divided among the people who furnish this
money. One-third interest will be held by Abner
Davis, trustee, and One-hrd interest will be held
by Mr. Iolbrook One of these leases, either q
or 30 acres, will be drilled at once TO produce oil
for the Abner Davis interests, which drilling will
be paid for jointly by Abner Davis, trustee, and
Mr.. Holbrook. One-third of the oil will 90 to
II. L. Holbrook, one-third to Abner Davis, trus-
tee, and the other one-third will go into fund to
be distributed among those whom join this Inside
Syndicate
All of Mr.. Holbrook's part and your part of
the oil will be sold to and used by the Abner Davis
refinenes. have ordered our own drilling nig
placed upon the lease the minute the money Is IN
the bank. Production from this lease, which Is
absolutely proven and certain, believe, will re-
imburse you every dollar invested and pay diW-
dends for years to come. | feel sure the other
leases will develop into fortune producers for all
Of US, regardless of whether we sell or develop
them.
Here is the proposition as see it. This is the
way it is presented to you. If raise and place IN
bank the money before my option expires, can
give you, who come IN this syndicate, one-third
interest in this 2271z acres. positively believe
these leases are today worth 100000, or even
100000.
Remember, we are acquiring these leases at
price that was cheap four months ago, when they
were escrowed. The development already taken
place and now under way, gives them selling
value that can net US many hundred percent on
our investment, if sold out merely as speculation
l believe we will see them developed and produce
millions and millions of dollars.
!, as trustee will hold one-third interest, which
you, my friends who are now interested with me-
will also share IN whether sold or developed One
third of these leases will be held by Mr. Holbrook
for his own account. In addition to all of this
agree to dnll and develop at once one of the leases
without further cash cost to you whatever, giving
you one-third of the profits from the oil produced
One-thiTd of the profits Will go to HIolbrook and
one-third to Abner Davis, trustee All of the oil,