davidaulloa/AmericanStories huggingface dataset:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-05-22

mount is 1-8 Cor 121a per cent?
of all the oil produced. 1t is the
practice for the royalty owner to
be paid for his share of oil by the
pipe line company which purchases
oil run from wells on the property.
The pipe line companies record
from meters all of the oil run daily
from wells. AT the end of a month
detailed statements are prepared
showing the amount of oil pur-
chased from all properties. These
companies have been given notices
of all transfers of royalties, and
checks for pro rata amounts are
issued to the proper owners at the
prevailing market prices for oil.
theoretically, royalty comes into
existence with the conveyance by
the property owner of the original
mineral lease, and from that time
on may be bartered, though result
ing values are entirely uncertain.
When the leasing transaction is
consumated, it is the privilege of
the property owner to sell to others
all or any portion of his reserved
one-eighth royalty. He may con
vey one-half of his royalty or one
sixteenth of whatever production
follows the drilling of wells, or he
may divide his holdings into roy
atty acres. By such a method,
under the Midcontinent system the
original holder of royalty may con-
vey to others one royalty acre or
any number of royalty acres. One
royalty acre in a lease of one hun
dred acres would represent LOO
of the total value of 1-8 of all oil
produced on the lease. If the yield
from one hundred-acre tract should
be 100000 barrels of oil, the roy
atty would amount to $4,000 bar
rels, and one royalty acre would
have the value of $500 barrels.
Under the Rocky Mountain
method, the decimal system rather.
han the fractional system is used.
Thus the landowner reserves in his
royalty the right to re-
'eive 121z barrels out of every 100
barrels produced, free of cost of
production. Should he sell any of
lis royalty, he sells one or two or
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-05-22
what dya Mean, Royalty, Says A. P. l.

The american Petroleum Industries Committee
aJ'Aated 7o'th the american Petroleum Institute, has
prepared series Of brief articles descriptive of the
aarl0HS branches of the oil industry one of these
is entitled "EVhat d,a Mean Royalty?" and since It
IS that use as an initial publication zO}ich me
furnish to MEMBERS zOe are here rebrodnc,ro
1t for those qtO may 0Oant to clip ont for guidance
in describing royalties to Others
FeqV people understand the meaning of the term
royalty" We used to say that the Gvereqe person
doesn't knozV zOeter royalty is used to drill zegth or
aOAether it is Ueice on zcch to haul the tools ont to
the field That tells the truth since very small fyac-
non OF the people of the United States kMo0O the mean
ing OF "r0yGhy' as applied to the oil business
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-05-22

acres, with two producing wells, In
SEA NWA and NEA SWA s.
32-5W.
Pardee-Morrison tract ESQ acres,
NEA NJ SEA 23 and lots z, 8,
9 in 23-33-6W. with two producing
wells.
These are the principal Cut Bank
producing properties which are to
be combined with the Homes mod
ern refinery, with DuIbbs cracking
plant at Great Falls. also Rice oil
company's producing properties in
Pondera oil field The plant and
the properties are being thoroughly
inspected and appraised and records
of the corporation are being audit
ed, as a basis for setting up the
stock issue.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-05-22

Irate Father: what is that stuff
on my new car, where the heck have
you been?'
Calm Son: That's only traffic
JAM"
Hi: I sent a dollar to a firm
for a cure for my horse that slob-
bers."
81: What did you get?"
Hi: "A slip OF paper on which
was written: Teach him to spit"
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-05-22

three or more per cent of his
royalty. The buyer of one per
cent royalty has the right to receive
one barrel out of every hundred
barrels produced. The cost of a
royalty is figured on the possible
yield per acre, rather than a troy
atty acre" basis. The investor
who pays ST. for the right to re-
ceive one per cent of all the oil
and gas produced from one acre,
knows that if the AVERAGE acre
produces 5000 barrels of oil. he
will receive so barrels of oil. The
term per cent per acre" thus des-
cribes his investment. He may
pay 81 for one per cent on one
acre. Then if the farm is 80
acres, he will pay 80 times ST or
$50 for the right to receive one
barrel out of every hundred pro-
duced from the entire tract.
Exponents of the Rocky Mountain
decimal system claim their system
is much easier to figure than the
more complicated fractional system
of the Midcontinent. The United
States Department of the Interior
has adopted the decimal system in
handling oil and gas permits and
leases on government lands refer
ring to all royalties in decimals
rather than in fractions.
Transactions in royalties are
handled in the same fashion that
real property is handled. When
the owner of a royalty sells any
portion of it, he executes a mineral
deed of conveyance to the purchas-
er who files the instrument for
record with the proper county Of
ficial. In the event that produc-
ton of oil follows proper transfer,
orders are filed with the producers
and purchasers so that proper dis
tribItion of the revenue NAV be
made. The holder of royalty is
not concerned with the costs or
abors of production and distribu-
ion of the oil. Out of seven
,ighths of the oil the producing in
erests pay all costs of drilling and
operation, and the remaining one
Eighth is paid to the original owner
n to those persons to whom por-
ions have been decided.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-05-22
EXPERTS ARE
CONTINUED from Page one)

The interest of Nadeau Bros. in
Consolidated Gas-Allotted tract 116,
in lot 8 and SEX SWA 31-33-5W,
SIS acres, with two wells.
Cobb-Allotted 115 tract 20 acres,
Lots s and and SEA SEA Sec.
31-33-5W, with two oil wells.
Nadeau-Bros. ALLOTTED 112, 80 &C
res, with two oil wells, in VIZ
VIZ 6-32-5W,
The interest of Cobb in the Ma
bel Jackson lease, 200 acres, Lots
/, 2, 3 and and SEX NWA 5.
Cobb Young tract, SEA NEA
5-32-5W, 40 acres. with one we'll.
Nadeau Brothers Ewald tract, 80
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-05-22

denly turned TO a banty hen being
pursued by a large red rooster. The
little hen bounded forth with all OF
the energy at her command but was
rapidly losing ground 10 her large,
masculine adversary.
Suddenly a street car came roll
licking along and ground the little
banty hen beneath its wheels.
"Ah, she preferred death" sighed
one OF the spinster ladies.
Americanism-"If you bet on
three kings, that's gambling. II You
bet You can make three spades
that's entertainment. II you bet on
U. s. Steel going up, that's bust
ness"
Him: Well, I suppose you're
plenty angry because / came home
with this black eye last night.
Her (sweetly) Not at all, dear.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-05-22

In Canada, the term is better understood for there
the mineral rights belong the cyoosp Thus "roy-
atty IS share that must be paid to the royal family or
government from me7U zOeak produced from the around
Here in the United States each honseseader has hereto
fore been recognized the royGIty of this land so he
retains "yoydy o0ey the tract of (Which he IS kimq
and emperor FezO people haze any such idea of the
oil M'ptS oil royalty Today many things are called
royalty" bit they are NOT oil royalties The true
royalty IS gf0en share of the oil free of cost of rodac
o~ and as perpetual the institution of qo0erYemt
and (Which is not perpetual in title is Nor trsy
royalty
The 4. P. l. publication royalties fOuooOs:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-05-22
PERMIT EXTENSION IN CONTROVERSY

hearing held in Washington last Monday the Geever
h providing for the extension of all permits lands
for another years. instead of terminating permits December
81 1887 with extension to that date In 1888 The
Greever bill would make the 1889 with possible
to 1910
The secretary of the interior opposes passage the bill arguing
that all outstanding permits including the 400 that become
subject cancellation the end of the present be
tended for additional five years by
Under this form the government gets 1919 per royalty instead
of percent fourth of the and the government would
have from rentals after the first years
permit extended
Wyoming people have been hammerng their congressional
representatives. get the bill changed Montanans
participation in the controversy Local people fear that the
bill has little chance of in view of the attitude of
Interior department.
Oil operators urged wire Montana Congress
Senators Immediately urging them support the Greever
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-05-22
THTNGs ONE REMEMBERs
(By r. NJ. HOFER)

There simple things that could be done reduce
automobile accidents.
Recently, small trailer with lumber it loose from
the pleasure that towing it. 1t dashed out into the
coming traffic. then ued around and into the bank the side
of the road where broke loose 1t missed oncomng by
split second and causing wreck with the
that following it.
The trailer had been fastened the pleasure
(which made haul traler with insecure bolt
that simply jOted out It only miracle that did not
fatal accidents The the trailer refasened
the bumper with bailng and started again
What there for laws regulations governing auto
mobiles that permit potential deathdeang cOnrapons
the highway traffic officer would Immediately driver
plate Why should be passed whereby
traffic officer would stop trailer that did
have form Of Identification attached showing that complied
with rigid regulations it's safety and the driver?
This merely potential law aid in automobile accidents
prevention that could be easily enforced automobile licensing
requirements.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-11-12
SHAVING ABILITY
WINS SHOW PRIZE
Mrs. Alma SaIatto Proves
Dexterity on Subject at
Food Exhibit.

After quickly spreading on q rich
lather with a small paint brush on
q man subject, Mrs. Alma Salatto. 80,
Of 1245 Neale street NE. then welded
a safety razor with the dexterity of q
veteran to win last nights shaving
contest at the District Grocery Stores.
Inc, food show.
The contest for women, who were
given the privilege Of choosing the
men victims" to be shaved, was held
on the stage In the food shows large
exhibit hall in the $500 block Of Con-
necticut avenue. Mrs. Salatto was
declared the winner over four other
contestants when she received the
loudest applause from the audience,
which judges all contests. She had
given Martin L. Gallagher, 38. Of IA
Bates street NV. a neat shave when
time was called. She was presented
an award for winning the event.
Range Presented.
]. E. Marshall of the Kennedy
Warren Apartments was awarded
valuable gas range, the principal gift
to show patron at last nights show.
At yesterdays matinee an aluminium
set was awarded to Mrs. B. G. Boyd,
1911 Hobart street NV. and an cleo
trio toaster service set awarded to Mrs.
Helen Luckett, 1912 Orren street NE.
Julia Lee Cunningham, 80 months
old, 1872 Eighteenth place NE. won
first place in the baby show at the
matinee. Following the custom Of all
the matinees. Santa Claus was on
hand and presented gifts to children
under 6 years of age.
Evening Show at 1880.
An electric refrigerator of 5-cubic-
foot capacity will be the main free
award to a show patron at the show
tonight The evening show will begin
at 1880 o'clock An electric washing
machine will be given away at today's
matinee, scheduled to begin at 2 pm
A big apple dance contest will be
an entertainment feature of tonight's
show. Teams of four will compete in
the contest, open to all show patrons.
Dozens of gifts of food will be pre-
sented at both the afternoon and eve
ming shows. The show will continue
through tomorrow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-11-12
Chilean Wages Taken.

Chile has ruled that employers may
deduct up to 10 per cent of employees
wages for bills owed to the govern
ments Workmen's Compulsory Insti-
tute for rent, foodstuffs, clothing or
other things.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-11-12

him Of a charge of breaking the win
dow.
Il was Just walking along" Saun-
ders said, land all of q sudden had
to sneeze. Just as I did, your honor,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-11-12

PITTSBURGH (R.-A sneeze
hurled Bert Saunders through 500
plate-glass window-at least that was
his story to q magistrate who freed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-11-12

About two-thirds of the worlds
canned salmon comes from Alaska.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-11-12

I stepped on q piece Of fruit and the
sneeze was so strong was thrown
through the window"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-11-12

Gasoline in Small Quantities.
New filling station pumps in Eng
land enable motorists to buy a quar-
ter's worth of gasoline instead of so
many gallons.
Smyrna times., 1937-08-19

Mrs. S. Elizabeth Ennis, Of Odes-
sa, has returned home after spend
ing the past two weeks with her
daughter, Mrs. Leroy Mannering.
Mrs. Elmer Shahan and children
spent Thursday with her mother,
Mrs. Corbit Reynolds and family,
at Taylor's Bridge.
Mr.. and Mrs. Jerry Skaggs and
children, Niles and Cathaline, of
Snow Hill, Md, visited his mother
Mrs. Rosie Skaggs, on Sunday.
The Ladies Aid Society of the
M. E. Church met at tbe Parson-
age on Tuesday evening of last
week and was entertained by the
pastors wife, Mrs. Littleton, and
her helpers.
Despite blights in many sections
the peninsula potato crop this year
will be better than usual. The sec
tions reporting blights are scatter
ed with the other parts Of the pen
insula showing the crop to be I'M
usually heavy and an excellent
Weld is sure to result.
Smyrna times., 1937-08-19

ter and husband, Mr.. and Mrs. Joe
Shipley and son, of Washington,
d. G.
Mrs. Fannie Poore, who has been
on the sick list, is better.
Mrs. Frances Poore entertained
several of her friends from Dover
one DAY last week.
Mr.. and Mrs Thomas Roadway
and Mrs. G. C. Roadway took an
outing to Riverview Beach one day
recently.
Mr.. and Mrs. Louis SchWeitzer
had as recent guests, Mrs. Walter
Emory and William Emory and son
Freddie, of Chester, Pa.
Mr.. and Mrs. Grafton Heather
and son, Grafton, Jr., have return
ed from a visit to Mrs. Heather's
mother, Mrs. George Ours and Mr..
Ours, Of Petersburg, Va.
Smyrna times., 1937-08-19

Mr.. and Mrs. John Ross, Mrs.
Elmer Bailey, of Wilmington, Mr.
and Mrs. Alonza Sweetman, of
Norfolk, Va, were recent visitors
to Mrs. Ross niece, Miss Marie
Vansant.
Mr.. and Mrs. Charles Bell and
little daughter, Jane, spent a week
with her mother, Mrs. Florence
Bell, in Denton.
Margaret Vansant, of Elkton, is
visiting her grandmother, Mrs.
George B. Jones.
Mrs. Catherine Stouffer, Mr.. and
Mrs. Thomas Robinson, Mr.. and
Mrs. Howard Legg, of Holloway
Terrace, Del, and Mr. and Mrs.
Burton Green and three children,
of Crumpton, have been guests of
the formers daughter and son-in-
law, Mr. and Mrs. Fred T. Lee.
William Vansant and family, of
Elkton, Mrs. Mollie Marks, of Cen
treville, and Mrs. John Waeker of
near Clayton, Del, were guests on
Thursday of last week of the lat
ter's aunt, Mrs. George B. Jones.
William Jones has returned home
after spending several days with
his grandson, William Forbes, near
Smyrna times., 1937-08-19
LIVE TAYLORS
BRIDGE ITEMS
Items of Community Interest
Cleaned From Around
ThorOughfare Neck
NEWS AND PERSONALS

Taylor's Bridge, Aug. 19 - Mr..
Walter Steller, Jr., of Essington,
Pa, has been visiting his uncle and
aunt, Mr.. and Mrs. John D. Stel-
ler.
Misses Mary and Grace Porter,
Mrs. Warmall, Miss Walker, and
Messrs. Jack Porter and Bryan
Vorous Of Wilmington, spent Sun
day with Mr.. and Mrs. r. B. Dav-
idson.
Mrs. Ethel Husband and Mr.
James Galbearth of Washington,
ID. c., have been visiting Mr.. and
Mrs. Fred Bell and Mrs. Jennie
Bell.
Mr.. and Mrs. Leland Sinex and
daughter of Middletown, Mrs. Fan
ME Francis, and Miss Annie Fran
els spent Sunday at Rehoboth.
Mrs. Estella Comedgs, of Viii
mington, spent several days last
week with Mrs. Ella McClain.
Mr.. and Mrs Walter Wearm and
daughter, of Aberdeen, Md, Mr..
and Mrs. Jmes McClary of Mar
shallton, and Miss Margaret Nc
Clary of Washington, D. c., spent
Sunday with Mr.. and Mrs. ]. E.
Latta, and Miss Margaret Lewis.
NJ. and Mrs. Eugene Shockley
and family, and Mrs. John Van
Horn spent Sunday with Mr. and
Mrs. Franklin Wheeler near Will
mington.
Mr.. and Mrs. William Reynolds
and family, Mrs. Fannie Francis,
and Mrs. Wilson David attended
the Buckson Dockety, and Pritch-
EFT family reunion at Delaware
Beach on Saturday.
Mr.. and Mrs. Jack Bulger of
Wilmington, were Monday visitors
with her parents, Mr.. and Mrs. FL
mer David.
Rev. S. H. Magee and Mrs. Ma
gee of Vincentown, N. j., Mrs. Car
rie Riggs of Chester, Mr.. David
Anderson and sons, Mr.. William
Irwin of Chester, Pa, and Mr.. and
Mrs. Samuel Magee and sons of
Lakehurst, N. J., spent last week
with Mrs. Ella McClain and fam
lily.
/ Mr.. and Mrs. Elmer David spent
Sunday at Brandywine Summit
Camp.
Mr.. and Mrs. William Reynolds
attended the ball game in Philadel-
phia on Sunday.
Smyrna times., 1937-08-19
BRIEF SMYRNA
LANDING NEWS
Budget of News and Person
ais Cleaned About Smyr-
ma River Wharves
CITIZENS MAKE VISITS

Smyrna Landing, Aug. 10 Mr..
James Reynolds and son Edward,
and wife, Mrs. Charles McKinttey
and son Charles of Wilmington,
Mr.. and Mrs. James Wrench of Do
yer, spent visit with Mrs. Annie
Wrench, Saturday, who had been
ILL.,
Mr.. and Mrs. Ed Martin Of Phil
adelphia, Mr. and Mrs.R Roy Culleny
of Glenolden, Pa, were weekend
visitors of Mr.. and Mrs. Charles
Brown.
Mr.. and Mrs. Ed. Downey and
children, Of Alden, Pa, were re
cent visitors of her mother, Mrs.
Sara Bennett.
Mr.. and Mrs. Paul E. Ford of
Washington, D. c., Mr.. and Mrs.
Wilmer Ford, of Dover, Mr.. Will
liam Campbell of Westmont, n. j.,
were recent visitors of Mrs. Thorn
as Wrench.
Mr.. and Mrs. August Scout and
son Coleman, Master Jerome Sher-
lock, of Staten Island, N. Y, Mr..
and Mrs. Hazel Scout and children
Doris and Donald, of Railway, N.
j., were weekend visitors of their
parents, Mr.. and Mrs. Mark M. F.
Scout.
Master Harry Davis the 3rd, Of
Philadelphia, is spending this week
with his aunt, Mrs Emma Davis.
| Mr. Roy Voss and son Bobby of
Chicago, spent several days with
his mother, Mrs. I. E. Voss, and
sisters, Mrs. George Smith and
Mrs. Roy Cole last week.
Mr.. ]. P. Scout of Holly Oak,
spent a visit with his father, ]. D,
Scout, Sunday.
Mr.. George Maltby of Westmont
n. J.. is spending sometime with
Mr.. Thomas Wrench.
Mr.. Harry Slaughter of Smyrna
spent visit with his sister, Mrs
Bessie Cole, Sunday.
Mr.. E. Francis Hughes and Mr.
George Hess of Bridgeport, N. j.
Mr.. and Mrs. Vernon Phillips OF
Smyrna, were Sunday visitors Of
Miss Gladys McAfee.
Mr.. CORTLAND Gaulke, Mr.. Alvir
Gaulke, accompanied Mr.. Sonny
Williams to Riverview Beach or
Sunday.
Mrs. Clifton McAfee and daugh.
ter Miss Gladys. spent Monday al
Dover.
Smyrna times., 1937-08-19
TOWNSEND
Items of Personal and Social In
terest Cleaned From the Vicinity

Townsend, Aug. 19 - a heavy
crop of lima beans is being hauled
to the canneries by Delaware farm
ers. Japanese beetles had had but
little effect on the crop, assuring
an abundance for cannery and
other purposes.
Mr.. Delbert Nabb, Davis Stats,
John Jester and Oakley Banning
attended the American League
baseball game at Philadelphia, Pa.
on Wednesday, the contest being
between the Athletics and Detroit.
They had a big day.
H. K. Marlin and ]. M. Stoddard,
of Wilmington, caught some large
bass while visiting at Noxentown.
The Women's Bible class COM
menced their market days for
August by taking in receipts
amounting to $50 the first Satur-
day. Mrs. Milton Hart had as
helpers Mrs. Horace VanEorn, Mrs
Oscar Biddle, Mrs. Paul Weigel,
Mrs. Joseph Pritchard and Mrs.
Howard Chadwick. There were
other helpers the following Satur-
day. They are being held at the
Maloney Office.
Clyde L. Shockley, Jr., who spent
four weeks in training at the Civ
ilian Military Training Camp at
Camp Dix, N. j., returned home on
Saturday at the close of the term.
This years enrolment comprised
1900 recruits from three states,
New York, New Jersey and Della
ware.
A water spaniel believed to have
gone mad made considerable ex-
citement on South street one day
last week as it wandered down
that thoroughfare, frothing at The
mouth and growing to the utter
fear of all using that street. Harry
King grabbed gun and Dispatch
ed it. Luckily the canine was kill
ed before it attacked anyone.
Mr.. Joseph MannerIng who has
been quite i'll, is much improved at
this writing.
Mr.. Julian LeCamp of near Bal
timore, Nd, made a business trip
here on Wednesday.
Smyrna times., 1937-08-19
CHESWOLD
Items of Personal and Social an.
terest Cleaned From the Vicinity

Items of Personal and Social IN
terest Cleaned From the Vicinity
Cheswold, Aug. 10 Mrs. Lands
Brady and son Claire, Mrs. Charles
zepperlein and son, Billy, of Con-
estoga, Pa, spent several days re-
Gently with Mrs. Emily Rash and
son, Nelson. They were accom-
panied home by Nelson Rash, who
spent several days visit there.
Rev. and Mrs Ennis and daugh-
ter, Mary Louise, have been spend
ing two weeks vacation with their
parents, of near Salisbury, Md.
Morris o. Lafferty and William
Carrow, of Wilmington, have been
on a vacation to their parents here.
Mr.. and Mrs. Howard Garrison
and family attended the Green
Reunion" held at Odessa recently.
Miss Elizabeth Metheny of Hart
ly, was a recent guest Of Mrs. En-
lily Rash and friends on Tuesday
evening.
Mr.. and Mrs. James Hammond
of Wilmington, have returned from
a visit to P. L. Barcus and family.
Miss Audrey Shackell and friends
of Wilmington, visited with her
mother, Mrs. James Boyles and
Mr.. Boyles.
George Tribbitt has been spend
ing several days here with his
grandparents, Mr.. and Mrs. Frank
Luff.
Mr.. and Mrs. Lewis Holloway
and children, of Prospect Park,
have returned home after visiting
her parents, Mr.. and Mrs. John
Thompson.
Rev. ]. B. Vaughn, of Whining
ton, has been visiting his mother,
Mrs. Amanda Vaughn.
Mr.. and Mrs William H. Carrow
and son, William and Miss Leona
Hazel made a trip to Atlantic City
last week.
Miss Jean and Ewith Vaughn
have gone to Rehoboth to work
during the remainder of the sum-
mer.