MID-TEX COMPANY

ROYALTIES EXCLUSIVELY

WORTH BUILDING

FORT WORTH, TEXAS

MY DEAR FRIEND:

September 23, 1929.

WINKLER ROYALTY OWNERS PILE UP GIGANTIC NEW PROFITS AS RICH PRODUCING AREAS SCORE SLASHING EXTENSIONS!! TIDAL WAVE OF RICH NEW PROFITS DESCEND ON ALERT INVESTORS IN THIS THE WORLD'S MOST SPECTACULAR OIL PRODUCING COUNTY!!

You -- as a prospective client of MID-TEX COMPANY -- are now about to witness the appalling fact that YOU PERSONALLY lost the opportunity of seeing an investment which you were invited to make -- return you RICH PROFITS of no less than SEVEN HUNDRED PERCENT SPOT CASH!!

In checking our files, we find that sometime ago we wrote you offering you what we figured at that time, was a CHOICE PIECE of DEEDED LANDOWNER'S ROYALTY, which we had for sale in the HOWARD-GLASSCOCK area!!

For some reason unknown to us, you failed to ACT when we laid before you the opportunity to secure some of this rich HOWARD-GLASSCOCK ROYALTY!!

Perhaps you failed to read the letter which we sent you offering that royalty for sale! We figure such MUST have been the reason we didn't hear from you -- because SURELY if you read that letter you would easily have been able to recognize the glaringly apparent profit chance it represented for you to clean up SWIFT and BIG CASH PROFITS!!

However -- unfortunately for YOU -- you FAILED to take advantage of the rich opportunity which was rightfully YOURS!! You failed to act when we advised you to get in on that HOWARD-GLASSCOCK COUNTY ROYALTY!! And --

TODAY -- you will find enclosed an EXACT copy of a telegram which we sent to one of our customers -- Mr. R. H. Watkins, living in Minnesota, a gentleman unknown to us, except as one of our customers -- a customer we have never had the pleasure of meeting personally -- yet -- H-E D-I-D T-A-K-E O-U-R A-D-V-I-C-E and bought that Royalty when it was offered -- and we had the sincere pleasure of making Mr. Watkins the offer you can see in the telegram -- offering him a SPOT CASH PROFIT of SEVEN HUNDRED PERCENT on his investment within LESS THAN SIX MONTHS AFTER HE MADE HIS INVESTMENT!!

But -- that water has gone over the mill! You MISSED that PROFIT opportunity! You should have taken it! You could just as easily as not been receiving that SEVEN HUNDRED PERCENT PROFIT for YOURSELF! But you MISSED OUT! You failed to ACT -- and TODAY we are asking YOU to take our advice -- J-U-S-T O-N-E T-I-M-E NOW and put YOURSELF in line -- SQUARELY IN POSITION -- to enjoy EVEN a POSSIBLE GREATER PROFIT than SEVEN HUNDRED PERCENT!!

The hour of petroleum's GREATEST PROFIT is striking in WINKLER COUNTY -- known throughout the civilized world as one of the GREATEST OIL PRODUCING AREAS EVER DEVELOPED IN AMERICA!! Since the first oil was discovered in Winkler County -- record breaking gushers have been completed ONE RIGHT AFTER ANOTHER -- until a distance of more than ten miles exists between the out posts of these great super oil wells!

And NOW -- comes the startling and important announcement that ANOTHER NEW POOL OF OIL has been struck -- a DISTINCT new oil DISCOVERY -- yielding the HIGHEST GRAVITY OIL EVER DISCOVERED IN WINKLER COUNTY!

And this sensational NEW announcement finds the MID-TEX COMPANY right out on

the firing line -- APPARENTLY SQUARELY IN THE TREND of this NEW HIGH GRAVITY OIL PRODUCING AREA -- with perhaps the MOST SENSATIONAL RICH PROFIT opportunity ever extended to the investing public of this nation!

You will QUICKLY agree with us that the BIG QUICK OVER NIGHT OIL FORTUNES have been made by royalty investors securing their royalty holdings in the HIGH GRAVITY OIL SECTIONS of the rich gusher oil producing areas A-F-T-E-R the oil has been struck in the discovery well -- but B-E-F-O-R-E the big following drilling campaign gets well under way -- and then -- as one big well after another starts roaring in --then SELL OUT your Royalty at the almost UNBELIEVABLE HIGH MARKET VALUES which mount HIGHER and HIGHER with the swift development of the gusher oil production!

The most successful rule ever devised for ANY INVESTOR to follow is to secure your royalty holdings under INDIVIDUAL DEED in the HIGH GRAVITY oil section and secure your PROPERTIES just as CLOSE as possible to that great GUSHER PRODUCING FIELD of HIGH GRAVITY OIL!

Of course, this advice will seem impossible of accomplishment to distant investors living hundreds and perhaps thousands of miles from oil fields!

The reason for that is because the distant investor is SELDOM, if EVER offered THIS CLASS of Ownership. Practically always -- such royalty as this is EAGERLY GRABBED UP by rich royalty buyers RIGHT HERE IN THE OIL FIELDS! But --

Because some of our customers and prospective customers missed out on that great HOWARD-GLASSCOCK COUNTY SUCCESS -- we determined to put this block of SENSA-TIONAL WINKLER ROYALTY -- BLOCK B-6 -- on the market in this SINGLE OFFERING -- requesting that you and the others who missed out on our last great SUCCESS -- take our advice JUST THIS ONE TIME and GET IN for the full LIMITED AMOUNT of this ROYALTY that will be sold to any one person. And that is just a $40.00 Ownership -- giving you SOLE and COMPLETE Deeded Ownership to an interest in a 160-acres -- the ENTIRE 1/64th of 1/8th of the LANDOWNER'S FULL ROYALTY!

Reference to enclosed map will show the location of this RARE ROYALTY! The biggest part of it laying on an air line -- SQUARELY BETWEEN Operation No. 1 and Operation No. 2, both locations made AFTER the striking of the NEW HIGH GRADE OIL IN Operation No. 6, and the Liner well known as Operation No. 2, is now down well past 900 feet. The arrows show the trend of this new HIGH GRADE HIGH GRAVITY OIL as we have figured it out! And since we designated this new TREND of HIGH GRAVITY OIL -- Operation No. 5 -- the Bashara Test -- HAS BEEN COMPLETED -- and roared in a TERRIFIC GAS WELL of EIGHTEEN MILLION CUBIC FEET PER DAY!

I'll tell you, my friend, all of that can mean a lot to YOU -- it means so much that YOU simply CAN'T AFFORD TO OVER LOOK IT! Now that Winkler County is on the THRESHOLD of yielding ANOTHER TREND of that eagerly sought after HIGH GRAVITY OIL -- YOU CERTAINLY CAN'T AFFORD TO BE LEFT OUT ON THE OWNERSHIP OF SOME OF THAT ROYALTY LAND!

The actual individual deeded ownership of perpetual landowners ROYALTY is the thing. Make no mistake about that! Murchison & Cranfill's lease in Section 33, Block 26, proves that to any man, because that land has already yielded 146,677 barrels of oil TO THE ACRE -- THAT TERRIFIC flood of oil being produced in JUST A LITTLE OVER A YEAR -- and yet the end is no where in sight -- because Winkler oil land according to estimates of the experts will still be producing oil when our grand children are gray headed.

And speaking of profits -- taking the average price per barrel that Winkler County oil is bringing TO-DAY, and figuring the gigantic oil yield on the same basis as the Cranfill and Reynolds Lease above mentioned if the same character of rich production be produced on the property embracing the Royalty we are offering

you in this letter -- YOUR OWN PERSONAL PROFITS would figure at the astounding rate of OVER $5,000.00 PER YEAR -- on each $40.00 ownership consisting of 160 acres, if you choose to HOLD your royalty and take down the consistent profits.

When you think of the possibility of actually receiving a cash profit at the astounding rate of $5,000.00 every 12 months -- from just a $40.00 investment -- you will see how a FEW Dollars successfully put into the oil business could MAKE YOU A GREAT DEAL OF MONEY IN A BIG HURRY -- and that is what I predict now YOU WILL DO -- IN THIS VERY ROYALTY -- for -- here is even more good news for you! Operation No. 7 on the enclosed map which recently roared in a GIGANTIC GAS WELL -- the SOUTHERN CRUDE WELL -- shown on the map -- a distinct NEW EASTWARD EXTENSION to the field -- has just bored itself in to a RICH OIL PRODUCER!

AND NOW -- NOW -- comes the recent report that the LINER WELL shown as Operation No. 2 -- jammed close as you can see on the map up to THIS VERY ROYALTY -- that WELL IS DRILLING STEADILY -- driving full speed ahead -- fully financed -- with the drilling being backed by one of the big successful operators in Winkler County! With steady drilling this well should be at the pay sand level now within a MIGHTY SHORT TIME -- AND the instant that LINER WELL is a producer -- THIS ROYALTY SHOULD BE WORTH A WHOLE LOT OF MONEY -- THEN AND THERE -- BE COMPLETELY BEYOND YOUR GRASP UNLESS YOU GET IN AT ONCE! Thus -- you can see that this royalty is indeed no ordinary offering -- and I believe it is predestined to PROVE THE BIG WINNER!

That is the reason I want you to have a spread covering AT LEAST A FULL QUARTER SECTION OF THIS ROYALTY -- 160 acres -- and that is the ONLY reason I have gone to the trouble to make this PERSONAL and PRIVATE RESERVATION for YOU -- held this spread covering 160 acres of royalty Ownership for you PERSONALLY AND ASK YOU TO TAKE MY ADVICE -- JUST ONE TIME -- for I want you to have the chance to turn your $40.00 into perhaps $5,000.00 IN A BIG HURRY -- and believing that you are very likely to do that -- I HAVE MADE YOU THIS PERSONAL AND PRIVATE RESERVATION and I am herewith URGING YOU TO -- WITHOUT FAIL -- ACCEPT MY ADVICE -- accept it -- THIS ONE TIME AT LEAST -- AND TAKE THIS 160 acre spread of ROYALTY Ownership I have RESERVED FOR YOU because I think it could mean THOUSANDS OF DOLLARS FOR YOU QUICKLY!

THEREFORE TAKE THIS RESERVATION! ACCEPT IT! PAY FOR IT either CASH or on the regular PAYMENT PLAN! BUT GET IT! GET IT because YOU know that LINER WELL may gush in within a short time now and could create for YOU SUCH PROFITS AS YOU HAVE HERETOFORE ONLY DREAMED OF! PROFITS OF PERHAPS $5,000.00 or MORE for your $40.00 invested today! I consider that I am doing you a personal favor to make this Reservation and hold it long enough for you to ACT -- and bring to your attention as forcibly as I know how -- the BIG PROFIT POSSIBILITIES IT MEANS FOR YOU!

Think -- your $40.00 reservation gives you a DEFINITE OWNERSHIP PARTICIPATING in a COMPLETE QUARTER SECTION -- the entire 160 acres of this land. This Ownership is DEEDED TO YOU! It means that it becomes YOURS FOREVER! Think what that means! An ETERNAL R-O-Y-A-L-T-Y OWNERSHIP WHERE YOU ARE YOUR OWN "BOSS"! WHERE YOU HAVE NO RENTALS TO PAY -- NO ASSESSMENTS TO MEET -- NO EXPENSE WHATEVER -- not even the lifting of your hand -- YET when a rich gusher strike sends your royalty climbing into DIZZY PROFIT FIGURES -- YOU ARE YOUR OWN "BOSS" YOUR ROYALTY IS YOURS -- UNDER DEED -- AND THERE IS NO ONE TO CUT IN BETWEEN YOU AND YOUR FULL PROFIT SHARE! YOU GET THE FULL PROFITS! NO AGENT -- NO TRUSTEE -- NO ONE AT ALL TO CUT IN ON YOUR PROFITS!

Therefore -- take my advice just THIS ONE TIME -- IF YOU NEVER TAKE IT AGAIN! Take my personal advice TODAY and get the FULL QUARTER SECTION SPREAD OF THIS ROYALTY! THE 160 ACRES! I don't feel justified in holding this royalty which I have reserved for you more than ten days, from the date of this letter! That will give you ample time to receive this letter -- ACT -- and get your remittance off to me! Therefore the enclosed Reservation made for your PERSONAL AND PRIVATE use expires

ten days from date! Before that ten days goes by -- be certain you have mailed me
your remittance -- either the full $40.00 payment, or $8.00 -- one-fifth and the
balance in four more equal monthly payments! And remember -- if that LINER WELL
roars in and you have made only ONE PAYMENT -- if this royalty of yours becomes
worth THOUSANDS OF DOLLARS -- even though -- you have only made ONE PAYMENT on it
-- on the payment of the balance due -- YOUR DEED TO THE WHOLE 160 ACRES WILL BE
EXECUTED TO YOU AND WILL ENABLE YOU TO ENJOY THE FULL PROFITS THEREFROM!

USE THE ORDER FORM ATTACHED TO THE SPECIAL RESERVATION MADE OUT IN YOUR NAME!
Send in your PAYMENT AT ONCE! Either the cash price of $40.00 -- or the down pay-
ment of $8.00 on the Payment Plan! Remember also that in addition to your QUARTER
SECTION ROYALTY IN BLOCK B-6 -- YOU GET A BONUS OF EIGHT OF THE $5.00 MID-TEX WINK-
LER ROYALTY INTERESTS IN SECTION 8 - Block B-12 -- A-B-S-O-L-U-T-E-L-Y F-R-E-E !!

DON'T WAIT UNTIL THE LAST DAY TO ACT! MAKE UP YOUR MIND TO DO THIS TODAY!
TAKE ADVANTAGE OF WHAT I HAVE DONE FOR YOU! You know why it is being done! I am
DETERMINED TO MAKE PROFITS FOR MY CUSTOMERS. BUT I NEED YOUR CO-OPERATION. NOW
ACT. ACT WHILE THE FACTS ARE STILL FRESH IN YOUR MIND. TAKE UP YOUR RESERVATION
-- SEND IN YOUR REMITTANCE -- RIGHT NOW -- AS YOU LAY THIS LETTER DOWN. Detach the
ORDER FORM and send it in -- but if you refuse to accept my advice JUST THIS ONE
TIME -- IF YOU REFUSE TO OPEN YOUR EYES TO THE CLARION CALL OF A PROBABLE RICH
FORTUNE HERE -- THEN AS A BUSINESS COURTESY -- RELEASE YOUR RIGHT, TITLE, AND IN-
terests WHICH THIS RESERVATION GIVES TO YOU -- TURN THE OWNERSHIP RESERVATION OVER
AND SIGN THE RELEASE and send it BACK TO ME. Relinquish your rights to those RICH
PROFITS THAT SUCCESS could mean here.

But -- if you do that -- if you throw away your profit rights again -- if you
fail to recognize the powerful factors that go to make up rich profit success -- if
you fail again to accept my advice - EVEN ONE TIME -- and then read in the papers
in a short time where that LINER WELL has roared in -- where THIS ROYALTY has gone
to THOUSANDS OF DOLLARS PER ACRE -- then you will HAVE NO ONE BUT YOURSELF TO BLAME
FOR NOT SHARING IN THIS DELUGE OF BIG PROFITS that you know the striking of rich
high gravity oil creates for the LUCKY ROYALTY OWNERS.

DON'T BE CONTENT WITH LESS THAN THE 160 ACRES OF THIS ROYALTY. GET THE FULL
SUM THAT I HAVE RESERVED FOR YOU. BUT IF IT IS HUMANLY IMPOSSIBLE FOR YOU TO DO
THAT -- THEN TAKE UP WHAT YOU CAN AND RELEASE THE BALANCE. BUT WHATEVER YOU DO --
DON'T DISAPPOINT ME. LET ME HEAR FROM YOU. TAKE MY ADVICE -- JUST THIS ONE TIME.
THAT IS ALL I ASK OF YOU -- BECAUSE I BELIEVE THIS VERY ROYALTY -- RIGHT HERE -- IS
THE ONE THAT IS PREDESTINED TO BE THE BIG WINNER AND I WANT YOU IN ON IT.

Remember you had the chance to get in on the HOWARD-GLASSCOCK COUNTY ROYALTY.
WE ADVISED YOU TO DO IT. YOU HAD AN EQUAL CHANCE WITH THE MAN IN MINNESOTA whom
WE WIRED A CASH PROFIT OFFER OF SEVEN HUNDRED PERCENT. YOU MISSED OUT ON THAT --
BUT NOW -- DON'T -- DON'T -- DON'T MISS OUT ON THIS. YOU CAN'T AFFORD TO. WE WANT
YOU AS ONE OF OUR CUSTOMERS. AND WE KNOW THAT THE BEST WAY IN THE WORLD FOR US TO
ADVERTISE OUR BUSINESS IS TO MAKE YOU THE KIND OF PROFITS THAT YOU KNOW ARE POSSI-
BLE FROM RIGHTLY PLACED INVESTMENTS IN THE OIL FIELDS.

NOTHING IN THE WORLD CAN MAKE ME HAPPIER THAN TO SEE YOU MAKE NO LESS THAN
$5,000 IN CLEAN HARD CASH PROFITS AND DO IT IN A SUPRISINGLY SHORT SPACE OF TIME.

ACCORDINGLY -- I WANT YOUR CO-OPERATION. I WANT TO HEAR FROM YOU. I AM DEFEND-
ING UPON RECEIVING YOUR DECISION BY RETURN MAIL. THEREFORE SIGN THE ORDER FORM --
ATTACH YOUR REMITTANCE -- EITHER IN FULL PAYMENT OR THE PARTIAL PAYMENT PLAN -- AND
MAIL YOUR LETTER BACK TO ME. RIGHT NOW -- BECAUSE -- I AM WAITING YOUR DECISION --

Sincerely,

RELEASE

I hereby release and relinquish all rights tendered to me by the *Special Reservation Certificate* on the reverse of this page. It is distinctly understood that by signing this release, I specifically waive all rights, title and interest in and to the 160-acre royalty interest which has been reserved for me and give you the authority to sell that Ownership which has been reserved for me to any other person you may choose.

RELEASE

How It Works Out

"One good investment is worth a lifetime of labor."

And it is not necessary that the investment should be a very large one. It may easily be such a modest sum as to come within the possibilities of every average active person.

This makes the subject of interest to every ambitious person; because it may be assumed that however much such a person wants to toil he wants as many of the comforts in life as possible.

The following letter from Mr. R. M. Means, Angleton, Texas, reproduced below will give you a concrete illustration of the almost unbelievably large profit possibilities from even a small Royalty Interest, after oil is discovered and the lease begins to produce.

Angleton, Texas, April 23, 1928.

Mr. Hubert Hoffman,
Fort Worth, Texas.
Dear Sir:-

Replying to your letter asking for information regarding the 1/60 Royalty which I own in 2½ acres at Goose Creek. Will state that I have been receiving my check direct from the Pipe Line Company every thirty days for the past ten years.

It is impossible for me to state exactly how much money I have received during the ten-year period I have owned this royalty, but some months during this period I have received as high as $1131.00. You of course will realize that the amount of money I received per month depends on the amount of production run into the Pipe Line Company. During the last twelve months I have received approximately $200.00 per month.

Trusting this information will serve your purpose, I remain,

The interest owned by Mr. Means was a 1/60th Royalty Interest in only 2½ acres, and yet he received $1,131.00 for his share IN ONLY ONE MONTH.

Now, if Mr. Means had owned the same interest in 40 acres, adjoining his 2½-acre tract, his income would have been approximately TWELVE TIMES what he did receive, or in the neighborhood of $12,500.00 MONTHLY, as the field was very prolific for considerable distance in all directions from his ROYALTY!

In this SPECIAL ADVERTISING OFFER we make is possible for you to become the sole and individual owner of a FULL 1/64th of 1/8th of the LANDOWNER'S ROYALTY on FULL 160 ACRES of this Winkler County land-for only $40.00.

To give you a concrete illustration of what your share of the oil may be, should BIG GUSHER OIL PRODUCTION be brought in on this 160 acres of land where you own YOUR ROYALTY, under your own deed-we will say for illustration that SIXTEEN BIG WELLS come in (one well to each 10 acres)-each well making 10,000 barrels daily, or a total of 160,000 barrels of oil per day on the whole 160 acres. The Landowner's share would be 1/8th or 20,000 barrels daily, and your share would be 1/64th of 1/8th of this or, nearly 40 barrels daily, and with the price of oil around $1.00 per barrel, on this basis your income would be at the rate of approximately $40.00 daily-or $1,200.00 monthly.

The above figures are all within a possibility and the ROYALTY we are offering you has splendid chances, and there is plenty of tests now under way so that you will not have to wait very long to get action on your money!

JUST THINK OF THE POSSIBILITY of receiving as much as-$500.00-$1,000.00 or $2,500.00 DOLLARS from a $40.00 investment in our WINKLER COUNTY DIRECT ROYALTY OWNERSHIP DEEDS!!

TRULY, ONE GOOD INVESTMENT IS WORTH A LIFETIME OF LABOR!!