The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1922-01-12
STOCKHOLDERS MET
TUESDAY AFTERNOON
Seward County Oil q Gas Company
Held a Very Satisfactory
Meeting

showed that the hole was down more
than 1900 feet, and everything in
good condition.
After this, the election of direc-
tors was held. Upon motion, the
men who have formed the directorate
the past year were placed in nomina-
tion. This was seconded, when a
motion was made that nominations
be closed, the rules suspended and
the election be made by application.
This carried and the same fellows
who have had carried the load for the
past year, will remain in charge of
affairs. They are as follows:
Ezra Shorb, President,
C. E. Woods, Vice President,
Frank Summers, Secretary,
W. o. Woods, Treasurer.
j. E. George,
j. C. Mahoney,
d. A. M. Morrow,
Chas. Summers,
Ralph Colvin.
This was a vey wise move as it
would be difficult to find bunch
who could do as we'll as these men.
Several times when finances were
low, they dug down deep and bought
more stock to keep things moving,
and they have given the business
good attention and supervision. 1t
was pointed out that in less than a
year the north we'll was sunk as deep
as the west well was in three years
which speaks well for management
and drillers alike, and there never
was the money back of the work
there was in the west test.
It was voted to dispose of the re-
naming $4,000 worth Of stock to
drill the well to the 5000 foot level.
Means Of disposing of this stock
were discussed and it was suggested
that the Liberal Chamber of Com
merce, the Lions Club and the Ro-
tary Club be asked to get back Of
the proposition. A committee was
appointed to meet these organiza-
tions in the interest of this propo-
sition.
There is just one thing now to be
considered in connection with the
drilling of this test. The directors
cannot be expected to finance the
well to completion, for the bringing
ing in of an oil or gas well will be
of dollar value to every citizen of
the town and country. 1t must be
taken up as a community enterprise
and put across as other propositions
for the public good. The Democrat
feels that every booster organiza-
tion can well get back of the COM
pany from a public interest stand
point.
If this field is to be developed
quickly the home people must get
busy. 1t is a fallacy to expect some
one else to come and drill wells to
make us rich. The McQuigg folks
are gentlemen Of business and will
finish their wells when it is to their
interest to do so. That may be next
week or next year. They owe us
nothing, and while all hope that they
will get busy early in the spring
there is nothing to guarantee this,
as conditions of the oil market may
be such that they cannot do so.
The part of wisdom would be to
make this a real community propo-
sition, every man taking little
stock and boosting it to his friends.
No one need dig as hard as the di-
rectors have; they are not asking
this, but they feel that there should
be more public interest in the pro-
position, and there should
Away from Liberal there is keen
interest in the work Of drilling this
test. The PUBLIC is watching the
progress, and the truth of the matter
is that there is more interest away
from Liberal than there is right here
at home. This should not be, for
it is Liberal that will benefit the
most from strike.
We hope to be able to report next
week that the three organizations
the Chamber of Commerce, Lions and
Rotarians-have entered big race
to see which can dispose of the most
stock, and that they have cleaned
up the remainder in the treasury.
This would BE great race and the
losers might treat the winners to a
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