davidaulloa/AmericanStories huggingface dataset:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21

$l4,337, 288.OO Paid

More than fourteen millions of dol
lars have been paid to owners Of the
lands on which one hundred and four
teen million dollars worth of oil has
been produced during the score of years
this state has had commercial oil pro-
ductiOn.
This fourteen million dollars (the ex-
act figure is $14, 1897 ,2SS. OO) represents
1914 Oh of the value of all oil produced
and saved called the landowners
eighth. This revenue has been paid TO
the owners Of the landowners share OF
the Oil-knOwn as royalty oil. 1t has
been paid over, free OF cost OF produc-
ton, ON the basis of 1914 barrels out OF
every 100 barrels produced.
There are only 1000 persons and in
situations who received this sum OF
money. Their receipts vary from posi-
bly, a few cents to hundreds of thousands
OF dollars per person. A large majority
of them are, or have been, members OF
this organization which has been in ex-
istence since the fall of 1922.
Nineteen years ago this month we
made some of our first royalty purchases
in Kevin-Sunburst field. The writer
tunes made in Cat Greek field came from
royalty investments, so determined TO
profit by the development of the new
north Montana field. The writer had
access to all the best geological infor-
nation and the advice OF the best OPP
orators and so bought all the royalties
he could afford. Thereafter he PRO
NOTED" friends to finance the purchases,
with an arrangement for repayment OF
their funds thUg the friends were able
to get their own royalties at the lowest
possible cost.
The arrangement proved profitable be-
cause our earliest investments were In
the Baker-H OwIing district where the
fields first sensational flowing wells
were completed. Thereafter it was not
difficult to get friends to participate IN
royalty purchases. Where a given roy
atty cost $500, we gave eight people
opportunity to put in 800 each and as
our numbers grew we were forced 10
allow 10 persons to put I'm $50 each
for such purchase.
But our growth was not all happiness.
We recall the purchase of a royalty ON
part of the old Helmrichs farm, from
supposedly responsible business man of
Great Falls who gave his word that title
was perfect. We soon learned. after the
money had been paid over, that the roy
atty was not part OF the landowners
share, but that it was overriding roy
atty and that the Irresponsible business
man" knew that the overriding royalty
was about to be wiped Out--as IL was.
And so the writer paid for the lesson
by refunding the purchase price to the
several participants, at the same time
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21
CRunE sTOCKs n0WN

Stocks Of domestic and foreign
crude petroleum at the close Of the.
week ending June 7 totaled $780,
956, 600 barrels, according to data
reported by the Bureau Of Mines
Compared with the total Of the pre-
ceding week, this represents a de-
crease of 400, O00 barrels, com
prising decreases OF 1,156, goo and
PA, 200 barrels in stocks Of domes-
tic and foreign crude, respectively.
Heavy crude-oil stocks in California.
not included in the ''refinable''
crude stocks, totaled 11,115. 900
barrels, a decrease Of $4,000 bar
rels from the amount on hand May
31st.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21

declining to do all the work and take
such risks for nothing.
So it was that a group formed an or
ganiZatiOn and because of the Helmrtchs
case decided TO emphasize the nature of
the royalties we would purchase, called
it Landowners Royalties Company. The
writer stepped out of the responsibility
and a fulI-time secretary was employed
to carry on the details of the work and
to secure adequate title opinions on all
royalties purchased. The costs we're
charged against participating purchasers
of royalties and the organization began
rapid growth as we began printing an
account of our activities in trade publi-
cations.
1t was slow, hard work to explain to
the average layman the meaning OF the
word royalty Everyone knew about
shares and stocks and units and inter-
ests-the only agency through which the
average person could get into the oil
business-but few people outside banks
and officiaIdOm of the oil industry had
any conception of royalties or their OPP
Grafton. Realizing the enormous prob
lem of educating the United States on
the subject, our secretary went about
denly found our organization deeply in
debt, with the cost of doing business far
beyond the amount our old members
were willing to add to current purchases.
And so we went into slump, ending in
the loss of our secretary, and two or
three of MS paid up the deficit and the
organization again went ahead. But
since that time we have confined men,
bership to 'vOIunteers"-peopIe who ask
IN ha added tn the list of those receav-
ing current publications.
Since none can possibly make money
in royalties unless he knows something
about the business in which ne is in
vesting, we have prepared publications
which not only describe the operations
of royalties but we have kept our MEM
beers fully informed on the history of de-
veIOpment of every oil field and every
potential oil field. We have furnished
bulletins containing such facts as advance
information on coming Developments
which may at some later date influence
royalties then held or to be purchased.
Our third expensive lesson came when
one of the directing members OF the
group became enthused about a wildcat
structure. He called on everyone to buy
royalties on this structure. urging them
not to rely ON their information and
Judgment, but to depend upon his judg-
ment. When the dry hole was drilled,
there was no howl from those who had
bought but we knew that IL was mani
testify unfair and another time we step
ped in and traded other royalties for the
recommended properties. and there
after established a definite rule that
every member should do his buying en-
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21
ONLY ONE NEW
tContiaued from Page Onel


a bit in the hole below damaged
casing.
CrumIey ct al-TrIbal No. 4, Cen
ter Lot 4, Sec. 29-32-5W, is drill
ing at 965.
Davis-Tribal 2O5 No. 4, NE NE Il
NEA 25-32-6W, on the west side
of the Tribal pool is drilling at
900. Colorado was at $40 and sur
face pipe was cemented at $50.
Glacier Production. Bennett No. g,
c NEA 4-32-5W, is drilling
at 1925.
Jeffries-Trfbal No. 1, NV SWA
NWA 30-32-5W, is drilling at 675;
Colorado. 43O; surface pipe, 45O.
KuhIberg-TribaI 2O3 No. 4, NE
NEA NEA 2S-32-6W, drilling,
1900.
Pardu.Tribal 1s6 No. 2, SW NEA
NEA 19-32-5W, drilling, 1900.
Pardee-Tribal 2IO No. 1, Sc SW a
NEA 13-32-6W. drilling, $40; Col
orado. 21O; casing, 220.
Pioneer Lumber-Anderson No. 1,
NV NEA NWA 31-S2-5W, drill
ing, 900.
Santa Rfta-Klein No. 1, C NV Il
NWA 21-32-5W, drilled by lost
tools at 1850.
Santa Rita-TribaI No. IA, NE
NWA NEA 10-35-6W. fishing for
lost bit at 208S.
TexacO-JOnes No. 2, C SW a
SEA 6-33-5W, drilling, 210O.
TexacO Government No. 1. C
NWA SWA 8-32-5W, cemented
1O-inch pipe at 60 Colorado
shale was at $40.
OF new wells started this week,
Consolidated Gas-Frary-Tribal POS
No. 1, NE NEA SWA 19-32-5W,
is rigging up.
Glacier PrOductiOn-NTiller No. z,
CIVIL SEA NEA 32-33-5W, cemen-
ted casing at Clio; Colorado shale,
SIS.
Glacier Production WaIberger
Unit No. I, sW SWA NEA 1S-
33-5W. drilling, $50; 1O-inch at
40; Colorado at 1853.
Par Oil-Tribal 200 No. 1, NE
NEA SEA 13-32-6W, drilling, 355.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21
WATCH CASING PUP

Many Kelvin operators are watch
ing with interest the use OF cas-
ing pump in the Parent olbrook
No. / discovery well on West Sun
burst pool, which is steadily pro-
ducing, without acidizataon, from
20 to 25 barrels of oil through
three-inch line pipe, used as cas-
ing, in which a casing pump is in
service. This is the first casing
pump used in Montana and its sue
cessful application may be capital
lied in wells which yield large
amounts Of fluid.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21
WE BELIEVE

GEOPHYSICAL SURVEYS haze been definitely pro-
zen indispensable in Montana Every 7CTldcat should
haze both Madison and DeVOnan highs" deterntn-
DEEPER DRILLING is essential to 7ovte the real his
tory of the Montana oil industry. The major
source of Montana petroleum is tit formations BE-
Low THE BIG LIME. Abandonment of 9VeLS at
the Madison contact is 7VaSte of money. Abdn-
donneut of 7UeHS at the Cat Greek horizon IS stu
bidity No ayeH should be considered completion
until it is drilled into the DeV0nidn.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21
NO OIL SHORTAGE

NEW YORK-Great Britain faces
no immediate oil or gasoline short
age, Warner Grubb, Standard oil
executive, said on his return here
after four months in England
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21

This Board reserves the right to re-
ject any and all bids.
For further information apply to:
State Land office, Helena. Montana.
Date of first publication. June q, 1914 *
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21

SEND A CONTRIBUTION TO
THE SUNBURST BADGER
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21
CALL FOR BIDS ON STATE OIL AND
GAS LEASES, JULY 8. 1871

Notice Is hereby given that the State
Board Of Land Commissioners Of the
State Of Montana will receive bids at
open competitive bidding at the State
Land office in the State Capitol at ZOO
o'clock +. NJ, Tuesday, July s, 1914,
for oil and gas leases on the following
described lands:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-06-21

Middle age is upon man when
he stops wondering how he can
dodge temptations - and begins
wondering if he's missing any.
The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06

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The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06

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The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06
Home Demonstration
Club of Hurley Meets

ne HaYley Wonaana8 Husne
pemguetrstlou Club hei6 an al dAy
meeting Al tire auEne c Mrs. g. o.
NIaes8e ou Fstcky. Mas - I14l.
Mss Ruth CAN with TIE ad IL
esas members aenaOastrafe6 usAklna
char covers A oouns1fai POI h1rk
1lnner vas served buffet xtyis. pre-.
xzdea ever D Ire hoStesse8 Mrx A
G Mlzeslt and Mrs Douglas MlneIle
-ne meeting vas called % 0raef
b. fhn president Mrs A. c Pednr-
son. a. : Is P n The Club joined
n the Stnglng oMArtaninA Roll
CAL NAS answered by the number
q vegetables n the garden Durtna
lHe business session plans we're lis
cuzse6 for club camp
TIE club welcomed swe new mem
hers MIS- JACK King and MIS- Ea-
ga BAria and also two q rs oldest
members Mrs. " W Ferguson and
and Mrs 3 p Ferguson. There
was present ore visitor. Mrs D. II.
wEa1asOn Of Wilmington. North
Carolina
The next meeting Of the club vii
be aelo ~ the hozne Of Mrs Jack
King w3th Mrs. King and Mrx
Raymond Wright hosteSse&
The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06
CASH HEAE

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The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06

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The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06

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The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06

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The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06
sExxrTEfI SERVICE RE0IxTRaTHoS
DAY JILL

Prwa@aszs Res~ses prae44ms1 suV : - s3e1se
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GeaszA Hsr&se natEfhet asa4s aUaraa aAat AKge
sgfx Secretary Nkksre rsSsxze< NE 0nram praazAa.
mas 1rAMr neaF4E 4pUE TIE szrszy * tef1 Asm Ane
a1 AoaeaNx HagHs . hseaea4nN . ArasA aaN1kn
GArAaazz and para x naaan2. manaz1 KfszNea
ane hrlBaz4
The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06

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ZsM - A1ez2 larger Liner s@ a 3 -
Uzzx Baa - Eaes azz c9eM ~ So
AKA az1z2a1sE a4aus e 41 zAes@ an
s en aaz@zg-sx ZG 9G q -
1asz xa1a = - e S AaxA Nzn
Nzz se~sae k1m zaoaesc ~ NaE NJ a
= Zz14 z@ 1z4W nz@ AZ reserve Ue
m - prF zzen M Zzn ssaz.3 utN g
80 azsa AW a1ae ~ H4 p RaE eszzs
- - i ~ 49, z8e zo21ez 3 zass9
e13 s Hz=zz1 . sr1z - 1 E2aA -
~ sfz=x
The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06
DEATH o. FogMER
PaSCAC0ELA SCHOOL
kLREEfsTE&DEST

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zNaeert q ne r41caEDzA
aa a1gax saezslY -ssse sezFa AZ
ae = MnnM &AAEh24 o. MAz
3 AzzA 5 @4eeH HeMn HHzaeE ~
go FaA faHzax reHeaHz GA o.
r. mzz > native e De5g2E
aseaes. M1azN - born q
aazn LAR q zAn2nsy . Hs
~ Malksw hAo naana trasa& u
@az EE ees@ze rs 1S
- = - T. reENsxsx =
aazzSa Is Eszza1z4 waa z4senoe1
e ezzapck e FaM2E0 NEAe hs
- sazeraazaa1eEt II Nzs :
1rtan nefz42a rs aszzY arcn-
ea19 - &H Eeazz - -
= aorzsEz e ms Es4zzE bel
ezanns4a4 - NJ HahoHa
- * Na<aa Sc 80 ; se&Cf&f
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zzssause IS azzNnec - - N1cqH
- - Hzzas n0heza 80 uzfes
one = - 0E4 = - Caza
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- : LszaaAMC1a4n
- : ; snGzz 2~ e
a-ah - HAMN2s
The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06
Old Glory Flies
From Many Masts
In Many Lands

DM GauTS. pU8e sfH4a@ % or
aaszntrw ~ exehrszs IS 1861 ar
n~lNerAsxY O. June Il me Gaze q
IS uffsc1Ai saapfl1n n ~ Ike ne
BrstlAf EEapzrc Wiki takes rr1af
T. TIE fAes that tne Ean nrpef sels
o. ftS fAN ae Americans mas $50
CLAIM aaSs n s0zae par q nt
uozM oa saEtonA. FzaE i &lsaFx
aa@ttnx IL ae n1eezk-
We mas a4Ee fewer sar-aeng
zxaSsnSsnz3 than S1zae q hf oder
nAsannk res O31 GlET Is EneNn
Il exsrY elsne ard pzax2 pr e.
snpir Il Is ne caxsasn e. the Z S
MkxzEeS - rAl@ nAr flag every
uurrlszE n eight 0c1ock Il remains
Exlag uml1 sunset
Thrrx hoasx Astez ne MavHaex 81
naF& xsztkoes Alaae or eastern
seahuArc hAer ratsez the Tag their
comrades q sthe~ posts along aas
wHe1 cnsx ssAute the casork as N1@8
are hAuiec nriaEY 70 ire aop q the
azExs1f1
Aocut tuo and q h&G hours lates
tAx cETeznan1 - repeated u s1e
/ Hswz11An zsazE1x M0ss Thar saee
huGrK w11 have el4pseE before Ha
ls& Is raised 10 lnx se& aoldiefs =
the Pn1lp11r8 A. virtually 1he
same hour tae MARINES hols- TIE
flzz Az Ch1zs 81 Peap2ng Dentsa.
ur Shanghai
Several hgurs Later 1sze westward
nazEEh q oR94ghs czteaes the INT
te~szae falcz C the Eszr-SpafEaeE
: Banner Tying over American CT
EGlAseE and Embassies e Ear1gse.
and SocE E.ter tne En haE pasa
- zenith n ne Cd Worlc i Is
aEAzn fling 70 Hle 6re@R q Ase
Es-Entx Rszbozrn
Thus he SEarx ans STRIPS b.
Escc Standard Of 3 free naEAan
makes H appearance II the e4Ta
morning hours and Fenaz11s flyUR
1atG the SUI Disappears cVez ne
horizon
The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06

nSea A&s4ax Sc s@Fx Aa& S&eh CT
~wAsagur Sc ax8 TNe N~wmAnN14
nK Il shs isTena SramsnlH RFlesz
ans recrus.y TAKEN cver . o1r GeR-
sfzsnerf freNs ne Fs0noh aA8 :
enuaessy 81 EaN tosaS II eslsnr
wx~4 4 caFraes > bsat enanl 80 less
frs@hs ears Ct 50 tonS enrh ~ ne
c4nseuzs 81 mAxs tnAn 81 tran
maaS
PARITY f4yuaeaa&
-sa prwxsent aMs skEzana a&F III
gasse1 ry ocsh Hc1sss ~ CnsAKrew
so assure farmers pho ~eoaperate h
tae te4l AAA urCErNr kasx Ag1as
to S. pU uegs 8 parity ThaS 20
eeaaer vsth the soa conservatism
ard naf1gN pavTEet2t& = Exgxrtez
so sive Ehe farmer o. per CERT PARTS
f1ls gesr, xfz4eA @eznk Is SO pwk
Nsszl1 q gotten
The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-06-06


r Fssf war nE NAs ae ~
ar4 asev eaa Wlgh Gn-eae
rucsae aarTah Euaaer ans HE
alsn 6sraeN1rK aeeHea ak nai
sssaEea wa Ne aeennpasansen@
ta 1hts
DefMaa esea@ aU&@E9a
zrE H8seIna fscra 31ae $50 70
Mav q 49, a cnniee = TIE
OEare af pr0aaG Management
are ~ seaeNE
Ene ma eat pNoEf&m
amnm g. mafe San s4ifN98G
eve 8haa4 Nta Tor every n22
mCaaaa aaG child - ahe oesats1
OK AKA suta SzSTlo0e N has
ss-fu authorized - Cag@reS s4ace
Tane & lb4a Contract AWARDS %
Nav kna-rsH - xEA&a0A o.
q agse esw 3 Maa 81 ae saS&2
aashaHszea So az anN &fAaa@ =
Es0 e. AaErpNlanate3 une-k1 az
.ae sas&z aathuTMzflnn hsx actually
acea pad a2t
-sMf wR Re at yet nruoaeinE
al & Easf eaalgn nAte 5 DnGze9fec ~
lnc saez thst Geru4AEy IS At present
nralualnz wsF materials AZ = rate
Of sc aaN 0oc go = ye3z British
fsuoaasaon Is a. TIE rzse 6 SIS
ace0aaaa and TIE minimum ain
81 ae unltna States Is - uasge ~
81 least she c~aferssacr between Tx
Rfita2 ard ane German figures
nefrnse Handx lnta Dcfcnsr
Equipment
Ths Treasury Department has
Translated Defense BONG collars
into terms sf aefensH equipment As
i0loNz TIE smallest Defense saw
mas Haud costing S1sT5 provides
$50 raa.ncs ~ -scA48aer GuENni-
uan 81 - rBGuas uf SC ezA0cr
cartridges OK q Springfield rifles
3 s. stamp Buys 3 Elesl helmet or q
rzanaa44 Tor 3 sailor ~ tEo leE
sgants. 3 &c cent stamp bayS five
SS-caAaeF cartridges
Several Trains Te F9n One ship
When Ee reAc about q a4N acn
vessel aezng Sank 4 Is clffc1a 70
realize exoAgB hos much IL goods
aHc commodities Is stored - such
q ship TAe tEet Is n oroer q I'll
q SOS aon steamship & requires
the uautenES % I've freight trains.