The weekly times-record. (Valley City, N.D.) 1912-1922, 1922-10-19
DENIES COURIER
NEWS CHARGES

Minot, N. d., Oct. 11--Incensed by
charges made in the Courier News
last Sunday, in which it was alleged
that their company is "wild cat" oil
company and that Governor Nestos
has been using his office to promote
and advertise it, the directors of the
MontanaDakota Twelve Oil Syndicate
today gave out a statement relative TO
the organization, promotion and oper-
alton of the company. 1t is stated
that Governor Nestos at no time was
connected either with the organization
promotion or management of the Com
pany; and never had any personal
knowledge of it's affairs. 1t appears
that Mr.. O. B. Herigstad, the law
partner Of Governor Nestos, acted as
the Company's attorney at the time
of its incorporation and application to
the Blue Sky Board for permission to
sell stock, in June, 1921, but has not
acted as their attorney since, and has
, had nothing to do with its manage
ment.
The directors also state that the
business of the Company has been con-
hucted honestly and in an open man.
ner, and that they believe that the
story carried by the Courier-News
was given to it by an individual who
had been trying to blackmail the COM
,pany. They disclaim all knowledge Of
the circular printed in the Courier
News, saying that if it was mailed
at all it was sent out by an advertis-
ing agency, without the approval of
the directors and without the knowl-
edge or consent of Governor Nestos,
whose name the circular. gave as one
of the prominent mon connected with
the Company.
The statement of the directors fol-
lows:
The Real Facts About the Dakota
Montana Twelve Oil Syndicate
The original incorporators of this
Company were: H. O. Aaberg, C. E.
Utter and Harry E. Conklin, all of
Minot, North Dakota. The original
directors of this company were: M. 0.
Peterson, l.. A. Emmerson, C. E. Ut
ter, Harry Conklin and H. O. Aaberg,
all of Minot, North Dakota, and the
original officers were: l.. A. Emmer-
son, President, H. o. Aaberg, Vice
President; G. E. Hanson, Secretary
and G. G. Wood, Treasurer. Since
that time C. G.. Hanson has resigned
as Secretary and H. E. Shearn was
appointed to take his place, and A. J.
Rosendahl of Adams, North Dakota,
was made director in the place of
Harry Conklin.
At the time that this Company went
before the North Dakota Blue Sky
Board, in the month of June, 1921, to
secure permission to sell $25, 900 worth
,pf stock, its assets consisted of drill
ing contract to forty acres on the Cat
Creek Dome in Fergus County, Mon
tana, and certain amount Of cash.
The said drilling contract, together
with an Abstract Of Title to the land,
was submitted to the Blue Sky Board.
After that time, one Harrison B. Mar
tin put on record in Montana, an as
lsignment of one-fourth royalty to the
oil on said forty, executed by John M.
Rowland. John M. Rowland being the
party who had given this company the
drilling contract in the first place.
This matter was Immediately taken
up with the attorney for Mr.. How
land, who wrote the company under
i date of July 18th, 1921, that he had
advised his client to clear the title
and that he did not approve of any
such procedure. and the Comnanv has