davidaulloa/AmericanStories huggingface dataset:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12

has a silver lining and every flower
in the country has a scent; when
you put a five dollar bill in your
pocket you double It and when you
take it out you find II increases.
Toolie: Howja spell 'sense'9
Driller: Dollars and cents or
horse sense?
Toolie: Well. like In I amt seen
him sense
He-Isn't this a stupid party?
She-Yes.
He-why not let me take you
home?
She-sorry-I live here.
Boy: Say, Dad, what does it
mean when the paper says some
man went to a convention as dele
gate-at-large?
Dad: 1t means his wife didn't go
with him, son.
The boys at the Oil Well Supply
store at Cut Bank tell about the
waitress who was so dumb she
didn't know whether lettuce was a
or a proposition.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12

Judge; ''On what grounds are
you applying for a divorce2"
Mr.. Brown. "Extravagance, your
honor"
Judge: Extravaganza. how's
that?"
Mr.. Brown: "she kept on buying
ice after 1 had installed a refriger-
Friend: when your husband
Graves a kiss. do you always give
it to him?"
Jealous Wife: Il wish I knew. "
Backwoodsman returning to his
theatre seat after dntermission) ::
Did I step on your toes as we went
out?
Seated Man (grimly): You did.
sir.
Backwoodsman: Here we are,
Matilda. This is our place.
Beneath this bit Of verdant sod
Lie fragments of old Tim McCod.
He pulled too hard upon his
bottle
and pushed too hard upon the
throttle.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12
TAXES DWARF BIG BUSINESS

Nothing illustrates the consequences of the waseppt
and dranhoe methods of policies than the figures printed
by the Pure of Chicago under the signature Of Henry
Dawes
All wageearners and business should read this record
The Petroleum Industry paid billion two hundred mil
lion dollars in last year
That ST 2000O00O0 in taxes from industry more
than takes maintain the army and navy, which was
$974157,232 in 1888.
But are expended for that laudabe defense
purpose? The country is beginning TO wonder!
What grudge have the taxevyng politicians against OILY
That 81 2OOOOO0O0 levied on oil ismagine!- twelve
times the all corporations in 1884 which was
S9A170OOO
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12


Am very glad to get your frank
inquiry of August 8 and / feel sure
that If You will be persistent in your
demand for complete knowledge of
the subject OF royalties before yOu
invest, you will not fail to make
money. Unfortunately a great many
people are inclined to plunge into
an investment on the mere theory
that they knew someone else who
has made a lot of money along
certain line and they try to do like
wise without a full understanding
of what 1t is all about.
Some S12, 200, 900 has been paid
to royalty owners I'm Montana in the
past and many times that much viii
he paid to royalty owners In the fu-
ture. Greater fortunes win be made
i'm the future than have been made
in the past and the greatest fortunes
win be made by those who invest a
little brain effort along with their
money.
To buy royalties is to invest in
oil in underground storage. When
an oil operator takes a lease on
piece of ground to prospect for oil
he does not pay the farmer for his
rights in cash but instead asks the
farmer to gamble with his on the
outcome OF the drilling. The oper-
ator agrees that If any oil is found,
he will deliver to the landowner
18th of all the oil produced and
saved, free of cost of production.
That is, out OF every 100 barrels
produced, he agrees TO deliver to me
landowner 1256 barrels without any
expense to the landowner. That
share belonging to the landowner is
known as Landowners royalty"
Now the landowner is entitled to
share his own risk, If ne wants IL,
and he can sell any part of his roy
atty. In this country we deal in
terms of percentage rather than
fractions and under the percentage
system the landowner has 1871 %
royalty. Each I per cent represents
1 barrel out of every 100 barrels
produced. Because the petroleum
industry always figures on the a.
mount of recovery per acre, we buy
royalty on the basis of 4 % royalty
on each acre of a given farm. Thus
we get the term ''per cent per acre"
If we pay a farmer 81 per cent
per acre, we pay him 81 for the
right to receive I barrel of oil from
each 100 barrels produced on
acre of ground. II his farm is
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12
How To Figure Royalty Values

others. Many obstacles are put in the
way of those who have accumulated some
wealth or are endeavoring to do so.
Industry is faced with increased operat-
ing costs, not caused by competition nor
poor management. but forced to share
profit and capital with others who do
not render it a service"
apparently he is quoting. but the
upshot of 1t is that he wants to put
some money into mineral wealth be
yond the reach of tax grabbers," mean
ing that ne wants a partnership with
some owners of land on an oil field. /
think my troubles are solved by the
reply to his inquiry about how to figure
royalty values and that shall be my
article" 1 am going on vacation next
week The fair is not over until late
Saturday night, so when / return from
California the boss will have cooled
off" in the event he doesn't like my pub
fishing his correspondence.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12
By A PRIVATE SECRETARY

III "A PEINAIE SEOhkEl Af61
few minutes ago the telephone rang
and the president of Landowners Roy
alties company asked to speak to me,
calling from the North Montana State
fair grounds.
Il have been detained by some de-
tails here at the petroleum booth and 1t
will be impossible for me to get back to
the office in order to prepare an article
for the Journal he said. will you take
care of this for me?"
never wrote an article in my life, so
l countered:
Eyes, but haven't you always preached
against gambling?"
Certainly, certainly" said my boss.
But those horses: isn't that gamb-
ling?", l asked, taking a chance on los
ing my job, even though l KNEW was
right.
THAT is not the theme I had in mind,'
he said, completely disregarding my
thrust at the "gee-gees." ] could
hear the siren blowing for the 4th race
when the phone receiver was suddenly
muffled and the boss continued. Il
have met a large number Of operators
here today and / have picked up con-
passed on to our members. The start
of a new well in a new section of North
Cut Bank this week is important. This
is the Cobb-Texas company well, in new
territory. They tell me that this well is
on the 3300-foot contour-the same con-
tour as the Lander wells Check this
up and If it is true, pass along that in
formation. Give the latest information
on the Kruger we'll north Of the discov-
cry well. They have moved on a Star
spudder and finished cleaning out today;
there was considerable mud in the hole.
Everyone with whom / have talked, in
Guiding several driIlers say they have
a well If they can get the blasted mud
out
"shall l say blasted mud'?" asked
since 1 was taking it down in shorthand,
and before he could answer / again
challenged with: How are the GeeIGees
going?"
What did you say?"
"The Gee-Gees."
Il can't hear you"
"The GEE GEEs-you know, the
ponies?"
II can't hear a word on account OF
that shouting. Well, you go ahead and
get thlS out Tor me, wont your
tried to shout that 1 didn't know
how, but he hung up so hard that
knew that the next race was ON and it
is useless to shout over the phone at
man in the midst OF a crowd Of $4,000
race fans.
Accordingly, here 1 am. and
just happened to see the carbon
copy of an answer to a letter of in
curry from a new member. This is a
gentleman in Dubuque Iowa, who ex-
presses an interest in royalty investments
and he is burned up" over his other
investments.
THE stockholders or owners of bust
nesses are in bad" he writes 1.-THE mas
ses are being told that people who have
money invested are the favored class
Wanting to benefit from income on in
vestments is supposed to be harmful to
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12
NEW NAMES
CONTINUED from Page onel

which the Stanley Gray interests
of Minneapolis drilled a well. Con-
trary to general belief, this nose"
does not extend southeastward to
the Big Bend pool There is no
good geological reason for the Big
Bend pool, according to this map.
There is only slight flexing of the
contour lines as they pass this pool,
located six miles south of the town
of Cut Bank. The lowest produc-
ing contour in the field is found in
this pool, with oil on the 1900
foot contour mapped on the top Of
the Colorado shale. The Border
field, by way of comparison, is
producing on the 3300-foot level
which is the principal producing
contour of the main Cut Bank field.
The highest producing contour in
the oil field is the 3400-foot level
excepting in the Darling pool where
there are two wells above the 3400-
foot level. About 500 feet of lati-
tude is given for exploration of new
areas-between the 1900 and 34OO-
foot contours.
An interesting revelation is the
fact that the Rocky Ridge pool,
north of Kelvin, is in a sink" with
a 41OO-foot contour surrounding it.
West of Kelvin in the Midway area
are shown three distinct moses. ="
On one of these, a broad fold, is
the Rimrock pool where high
gravity oil is found at the top of
the lime.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12

100 acres, we pay him S16O for
the right to receive barrel out of
every 100 barrels produced and saw
ed from any and all parts of that
tract.
If we pay 81 per cent per acre
for royalty we know that each acre
must yield 100 times 81 worth of
oil to pay us out. Thus If farm
yields in it's life the average that
the producing area of Kevin-Sun-
burst has produced, approximately
$4,000 worth Of oil per acre, the man
who bought royalty at 81 per cent
per acre would receive $4S per cent
per acre return. Is that clear?
To state it another way, If a farm
yields $1,000 worth of oil per acre,
1% royalty would yield $40 per acre
(1%o of $1,000 is $1O.)
Now when you are quoted roy
atty at $5 per cent per acre you
know that the land must produce
$500 worth of oil per acre to pay
you out and you know that every
time it produces $500 per acre
thereafter You receive a return of
1907 ON your investment Thus IL
somebody offered You royalty for
500 per cent per acre you would
know that the land must pay 100
times 800 or $4,000 per acre to
pay out. If by consulting prOduc-
ton records You ascertained that the
field was not expected to produce
more than $4,000 worth of oil per
acre, You would not invest.
Should You buy royalty in a
field where the probable yield is
5000 barrels per acre, and your
cost was S3 per cent per acre, you
would know without using a pencil
that for each So invested yOu
are going to receive 80 barrels of
oil. In other words, You are buying
oil in underground storage at 1Oc
per barrel. If this oil sold for 81
per barrel, you know that you are
going to make profit of DOC per
barrel.
Now the actual operation of this
is that the pipeline company knows
of the existence of this royalty
thru the abstract of title and knows
that each royalty owner has a right
to receive his share of the oil. Ac-
cOrtiing1y, the pipeline company i'm
sists on a ''divfsion ORDER which
order from owners of the oil in-
strncts the pipeline company to de-
liver oil to some refiner. Usually
the buyer of the oil settles with
each one of the parties. Thus If
you bought half of Jones' royalty,
the division order would show S71k
barrels to the operator, @ u barrels
to John Jones and on barrels to
you, out of each 100 barrels pro-
duced.
You can always figure the cash
value of your royalty at 3 times the
annual earnings. That does not tp-
ply to one well on $50 acres. But
where a tract is half developed, roy
atty investors are willing to pay
three times the annual yield.
1 am enclosing maps of the two
fields, as requested, also a report on
the production of each field. From
these reports You can get some idea
of what to expect from future deveI-
opment. Otter you have digested
this, i hope you win be ready TO
ask some more questions. VIII be
very glad to answer them.
Yours sincerely,
LANDOWNERS ROYALTIES COMPANY
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12
MURRAY RETURNS
nv e. A. ReeIer

BILLINGS e. J. Murray, of Van
Mugs, California and E. ]. Bowen,
Of Los Angeles have arrived in Bill
lings from California, to resume
operations on Broadview Dome test
well, 35 miles northwest of Billing,
in Yellowstone county. 1t is UNI
derstood that cleaning out the hole
will start in the near future.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12

she-Tm going to start calling
you gfrdIe.
He-Why, sweetheart?
She-Youre always so darned
tight when you're around mel
SEND A CONTRIBUTION TO
THE SUNBURST BADGER
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12

Montana mining districts are ex-
ceptionally rich; so rich, in fact,
that every blade OF grass has
green back, every bird has a bill,
the chimneys have their drafts and
the maids wash our front steps with
gold dust; every horse has a check
and every ditch two banks: even
our streets are flushed and the
lawns get a rake off: every cloud
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-08-12

0M is the blood of the earth foqcing through for
{ /tme,s field only to enrich the courageous 1t
- sometimes REGARDS eVen the no,thtnking business
Stacker bh lifts the burden from the back Of
business coward. It's Plus marks of generally
90 to those qOlo combine degree Of thought 7Tth
action.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1939-06-22
ENGINEERS TO INSPECT THE
HORIZINTAL WELL

The inspection Of the horizontal
oil well, drilled by Leo Ranney, in
ventor Of the horizontal drilling
process, up Havener's run, will be
made tomorrow afternoon by the
Engineers Society Of Eastern Penn
sylvania. The business mems club
of the twin cities and the Rotarians
had planned meeting in connec-
ton with the engineers at the well,
and the Boy Scouts were to have
served lunch. However these plans
have been abandoned, and the In
spection at the well is for the en-
gineers and geologists only, and no
invitations to the public in general
has been extended.
Following the inspection of the
we'll, which will be in operation.
there will be dinner meeting at
the Lafayette hotel, Marietta, be-
ginning at $50. At this meeting
Mr.. Ranney will give paper on his
method of drilling. and moving pic
lures of the drilling operations OF
the Havener's run we'll, furnished by
the Du Pont corporation, will be
shown About 100 are expected to
be present at the afternoon inspec-
tion of the we'll, and at the dinner
meeting, Marietta
1t is stated that geologists see a
revival of the oil industry, largely
because of the successful drilling Of
the horizontal process by Mr.. Ran
ney
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1939-06-22

they surveyed his achievement. Mr..
Phillips spoke further of DR.. Mark S
friends knowing him as one of the
highest ranking officers OF his pro-
fession, and a commanding leader.
At this point, and as token OF
their esteem, in behalf of the staff
and employees of the Rocky Glen
sanatorium, Mr.. Phillips presented
to DR.. Mark silver plaque in the
shape of a shield, engraved with a
picture of the Administration Build
ing, his name, words in memory Of
the occasion, and the date
A short recess followed the social
part of the program, after which a
scientific meeting was held with the
following speakers: Theodore T.
Zuck, M. D., professor of anatomy
of Western Reserve University,
Relation of the Fertile Time to the
Menstrual Cycle" Verne Dodd, M.
D., professor of surgery, Ohio State
University, stomach Disease from
a Surgical Viewpoint" Judson Will
son, NJ D., assistant professor of
orthopedic surgery, Ohio State Uni
versity, 'Low Back Pains"
Prof. VIM. C. Craig of Capital
University, gave a numerous talk,
'Why We Laugh"
The entire program was carried
over a loud-speaker system set up
and operated by Mr.. Delmar Walker
and assistant.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1939-06-22
LONE MAN BEATEN
AND ROBBED

Arthur Crisman, who lives by
himself, on the former T. V. Cham
bers farm, on the BristOl-Emery
ridge, was called to the door Satur-
day night about nine o'clock, and
beaten &and robbed of $25. He was
not found until Sunday afternoon,
when George Chambers, who lives
on an adjoining farm, went to his
home. He was in a rather serious
condition Sunday evening. Since
Crisman had no means of com
munication, Sheriff L. B. Adrean
was not notified until Sunday even
ing, and he Immediately began an
investigation. He found Crisman
badly cut about his head, and took
him to a physician who dressed the
injuries. Crisman told the sher-
iff that after being called from the
house he was struck on the head
with a piece of metal, and was
knocked down. He attempted to get
up, but was struck again and rem
dered unconscious, and while in
that condition the intruder robbed
him of $25, which he had just re-
ceived from the sale of some wool,
and had the money in pocket in
his clothing. Correspondent.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1939-06-22
BROTHER OF THOMAS
GESSEL DIES

Robert R. Gessel, "A, we'll known
resident of Waterford township,
Washington county, died Friday ev-
ening, following a lengthy illness.
He was a son of the late Jacob and
Mary Gessel, and was born in Noble
county, where he grew to manhood.
In 1887 he was married to Ida r.
Mincks. They lived in Noble county
for some years, then moved to Low
ell, where they made their home un-
til 1922. For the past II years they
lived on their farm near Waterford.
Besides his wife, surviving are two
daughter, and one son-Mrs. L. R.
Deist of Centerbend; Mrs. Earl
Foust of Lowell, and Clark Gessel
of the family home. He also leaves
two grandchildren, Cecil Deist and
Leroy Gessel, and these brothers,
and sister: Alfred, Charles and IT.
ven Gessel and Mrs. Clara Kraps of
Noble county; Tillman Gessel of
Macksburg; Thomas Gessel of Nc
Connelsville, and Benjamin Gessal
of Lynn Haven, Fla.
Funeral services were held at
the home Monday afternoon at 2
O'Clock, with interment in Green
lawn cemetery, Lowell.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1939-06-22
SARAH A. TIPPIE BREAKS
LEG TWICE

In renewing his Democrat sub
scription, Delbert Tippie, of Akron
formerly of this county, writes:
We enjoy the paper. Through it
we hear from friends, otherwise
would not. My mother, Mrs. Sarah
A. Tippie, fell Dec. 80, and broke
her left leg and left arm. She was
in the City hospital for 19 days
We brought her home and took care
of her. She was learning to walk
again and fell June 2, again break
ing same leg, below the other
break. So she is in the City hos
pital again. Her condition is good
for her years. She will be II years
old this November.
We recently visited our friend
Thomas Spurrier, when at hospital.
We are all from Morgan county.
Kenneth Tippie is in the CCC
camp at Stanfield, Ore. He cut his
finger at Easter time so bad they
took him to headquarters, at Lewis
ton, Idaho, for fixup. He spent a
month there In last letter he wrote
that he had to have his finger open
ed UP again or it would be stiff. He
has been gone from home since
Oct. 8, 1888. He has many friends
in Morgan county he would be glad
to hear from.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1939-06-22
ATTEND WEDDING In
CINCINNATI

Mr.. and Mrs W. H. Baldwin, NAL
ia, were in Cincinnati the latter
part of last week, to attend the we'd
ding of Mr.. Baldwin's niece, Miss
Martha Jane Edmands to Maynard
Rogers, which took place at the Cot
tage Hill Presbyterian church, Sat
urday afternoon at 4:30 o'clock.
The church was beautifully decorat-
ed with masses Of Towering shrubs
and clusters of shell pink gladioli.
The bride who entered on the arm
Of her father wore period dress
of white net, made with a very full
skirt and train. Her finger tip
length veil fell over her face and
she carried bouquet of gardenias,
lilies Of the valley and bavardia.
The brides attendants wore dresses
in varying shades of pink, and the
matron of honor corn flower blue.
All carried colonial bouquets of
pink roses and corn flowers The
Cincinnati Enquirer of June 10,
carried an account of the wedding
and reception.
Following the wedding service a
reception was held for the more in.
innate friends and relatives at the
home Of the pride's parents, Mr.. and
Mrs. Frederick B. Edmands. Mrs.
Edmands is sister of Mr.. Baldwin.
Mr.. Edmands is president of the
Cincinnati stock yards association.
The newlyweds left Saturday even
ing for Evansville, Ind, where they
will make their home.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1939-06-22
NAUGHTY, NAUGHTY, RONALD

Under date of June Is, Mr.. Ron
aid Gordon, of this place, assistant
highway engineer received the fol-
lowing communication: "Dear Sir:
Please be advised that, as a matter
of discipline you are being suspend
ed from your position of assistant
engineer in Morgan county for a Pc
riod Of 80 days, effective June II,
1939.-Very truly yours, Robert S.
Beightler, director of highways
The letter contained the above
and nothing else, and Mr.. Gordon
has since received no further COM
munication
Now Ronald, what have you been
doing? you naughty, naughty boy.
Did you spill cigar ashes on the of
flee floor, or forget to clean your
shoes, or was it because you trump
ed your partners ace?
Anyone interested will have to
ask "Feuhuer" Frash or Lord High
(way) EXecutioner Shinn, the rea-
son.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1939-06-22
DIR. MINNIE JOHNSON TO SHOW
PICTURES LOCALLY

DR.. Minnie M. Johnson, of the
faculty of Stephens college, Column
bia, Mo-, will exhibit her collection
of prints and show color slides be-
fore the Twin City Camera club,
Thursday evening, June 29, at s
O'Clock. The pictures will be shown.
in the state highway rooms, on Sec
ond floor of the Lovell-Donahue
building and will be open to the
public. DR.. Johnson, who has ex-
hibited before local audiences, at
various times previously, has a coll
lection of hundreds of black and
white and color pictures on a va
riety Of subjects, a part which she
will show. In addition part of her
collection of fine prints will be on
display. DR.. Johnsons work in
Photography during the past few
years has brought her considerable
note particularly in relation to her
fine nature studies and scenic pho
tos. She is spending the summer
with her mother, Mrs. Fanny john
son, near McKendree.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1939-06-22
NEXT MEETING OF MASONIC
ASSOCIATION AT BELPRE

The Masonic lodges of the twin
cities and the Masonic lodges in
general in Morgan county, were
well represented at the eighth meet
ing of the 18th Masonic district Of
ficers' association, held last Thurs
day evening at the Masonic temple,
Marietta j. A. Hayes of Stockport,
is the president of the association
for this year, and o. P. Lindsay OF
this place is secretary Grand Mas
ter Harry Myer of Columbus was
the outstanding guest of the meet
ing and other lodge officers were
present. The principal address was
by the Grand Master. Among 9th
ers who spoke were w. o. Porter of
Malta, o. H. Ormiston of Bartlett,
and Mr.. Hayes, and short talks were
also made by the visiting grand
lodge officers. The next meeting Will
be held at Belpre.