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*lt;*Facts and Figures«C8Dividend PayingCompanyPRINCETON OIL COMPANYENGLISK INDIANACommon Law Trust$80,000.00 Fully Paid and Non-Assessabler\r^9Orncers:«Alson Roberts, Pres.; A. H. Flanigan, Vice Pres.; H. W. Mock, Treasurer; H. W. Toney, Secretary»*■• ?.3;r -TtV-T ‘7-7' \ ~\V 7fcrr’C7w7»T C■fiu.; A. *• JtO.W-? • A mJk *ik C^- . ^ iSk. JUz *X» 4*S» A-J( *.*» •* ‘»TV«Vs ,. . -iOUR POLICY.re company’s policv lias alw ays»*\ wWpr..J _ I -i*\ nt . iu v* '{ • -v : J;•; / ]rOV. . ; 1ly business-like and con--o, the general thong'dt being-theand development of favor-10ci•Vvalivabl r properties.•me mi'-V. . '. Kj‘.'\/ \C i l l r.n•JOb: UiiOIi:W; ' r ..“ 'SK 1. v. .|!vi veritiest-----V'Ike company-ct.L i 1 .i Olt;1iX uVfic* c ^ O^ /vi’- miBOftny a safe andc • • v : ,. : .q. * , .I .‘ _ U. • w L S.- - V.1 irm.A±ner I t /;oVP ViC J. I w.-mem our cwvwaek ihfcstment u-r the moderatebuyer as well as for the larger. Thereb rw question fcs to the success of the(-;upany, as our growth has been very■y fro til the beginning, officers mar be depended upon io lookf • -*-interests and protection of the stockholders, who havl at all timeswelfare of the stockholders at heart. Each share carries an equal interest in all the properties of the company and its earnings. No preferred or watered stock. This companybegan with absolutely proven oil acreage, and coal rights in a territory where the production of coal is a very simple matter and where mines are openedfrom the hillsides (Drift mine.); bytunneling in the hill they can be opened with very little outlay-of capital. The same thing applies to more oil and gas production as we get our oil and gas ata depth of 850 to 1500 feet.ORGANIZATION.The English-Princeton Oil Company, which is operating under and by virtue of a declaration of Common Law Trust, is managed by the following board of trustees: Henry W. Mock, exclerk of Crawford Circuit Court; H. W. Toney, County Superintendent of Schools; James E. Turley, Merchant; A. H. Flanigan, Editor and ex-treasurer; Alson Roberts, Monument Dealer; with its main office at English, Ind.CAPITALIZATION.The company is capitalized at $30,000.00 fully paid ahd non-assessable which is divided into 800 shares, of the par value of $100.00 each.MANAGEMENm1.1PROPERTIES.The company began its operations r.y acquiring two thousand acres ofleases in Crawford County, Indiana.Tibs acreage h as not beih thoroughly tested, although two test wells were drilled a few years ago in which oil was found and from which a small amount oil still flows. A few days later we saw an opportunity of acquiring a valuable lease of one hundred and five acres inproven territory in Gibson County, Indiana, and this was purchased. Awell was drilled on this property inT ’ 7V 1:;*'f t ^ *• - * -biygas4.1Hid oil\ , L/ j:r! AOund.It* J •LS lt;*: k iir-j o*. v(] th?•^ tlie vGil t Jroduo■ * •V- » Jthei( ** ■ *L\OJurne0f rr?' lt;• /i ofC-v ''TT’ V4./wellTV 4* Y!Vji»hr^ V: /» ^ -r : » - .1 k . L •. - ir i «dinlie1 fti L. •Thecv-nvv\ TK i -\ b. OU^ yVZ\,••^1 r;e;i .■' Kjqo«* A. \of00’ *7.-***' pv.•1 Ol^rI;. V d*:t .— a.i Y,nght«■*■- X.order toxl .. V.. .1.; Aetthelt; ;*'.. r ♦ M» - »1*j4: • r~\• . K -)t*1beui+ . A *Jr. •» ' * -Mlc dtoCl'.: : { .;. \ « . • /«1.1/ nfn*1 ‘• -•« O'.-T- - ♦1- .id rifQl\5.00v (* V' « *ri * \ ' ’ ' vTt i- « s **»1/Y » I / * - 4(jiC ’nt •dr l?. i i * ^ *:V -JI: ck-1eie* - 7k, JLforTvqqiyf l-» QThe first month’s earnings of $4.08 on each share from the sale of the gas equal to about fifty per cent annual Think of one share havingit 4 oer centi.with only one well completed! What will your stock be worth with ten orfifteen more wells comnleted and other mines opened?mearning power of $1200.00rOCrawford County in which the coal is about, four feet thick. The company has a large amount of acreage and withthe oil, gas and coal supply • blainable,loi-Mn-.-.q great, the future pros-ecmpany are very en-eourarrinsr. As we now have orodue-w ; v 9ibn and lamer assets toa r;cl tne aenmna g• pr v i CYPJ V.' V.' WO _» 1wb;ect’T1^ci plt;~.- -.qvn n*s C.1 - .* ^ / v_ v J * I I x i _ O ~ LLi-TCtheihiclders we do not hesiwte to ree-l ‘T■| Ct ^ndmonth’sno tgas and coal ioi dividend is over the above amount oneach share, but. the trustees willpay all the earnings in dividends as it was decided by the stockholders to set aside a part of the earnings as a surplus.experience estimated that the oil isa deoth of 400Com nr n v Stock. 1An oil man of twentv-flve years’sstanding in this well toor 500 feet. When the vaI ri VCon the tonof the gas well is openepcl, the oil flows over with the gas high into the air. We expect this well to prove to be a goodoil well when it is shot. This will be done when the gas is all used.PROVEN TERRITORY IN PIKEcommend to our present s: wkholdersthe buying of English-Prh.ceton OilAnd as our holdings are too valuable to lie undev loped, the trustees have decided to offer another small block of treasury stack at theame price of prior sales, $160.00 perJL 1 Jl_share for a limited time owy. Therefore, you have the best. of the deal as the money invested is protected by the chance that the other fellows took in the beginning, by developing and placing some real tangible assets behindthe company, and this, remember, represents the profit possibilities of justone asset of the company, and does nottake into consideration the stupenduous AND GIBSON COUNTIES profits that may be made from pipe lineAdjoining the 105-acre lease on the 7 rentals, increased production of oil andWe have Jxiughfc Pas an« the opening of new mimes onour leases which are estimated to con-east and south-east, another lease in proven territory of 160There is room on these tractsacres, for 66 wells at thedistanceThe managers who have organized the company and have managed it from the beginning are individual holders of large amounts of the company’s stock. They took about all the risk in the beginning, using their own money for this purpose, and now the company has reached the point where it has production and other assets to protect the stockholders against loss.which wells are usually drilled. . leases have producing wells on three sides which were drilled in at a capacityranging from forty to five hundred barrels of oil per day each. There is a55-barrel well within 200 feet of ourtract, there being producing wells on three sides, and drilling locations on the fourth side, which makes this property very valuable. We now own about six hundred acres of oil and gas leases in proven territory. We have recently bought another lease in the big oil field near Oatsville of over 300 acres-in thatshallow field where many large wells have been drilled in the past year at a depth of 850 to 1100 feet. Our pipeline is near this lease, therefore we can furnish gas for the drilling of this newacreage.Our acreage must look good to others as there have been some large oil companies that wanted to drill our leases for a part-of the oil.COAL.In addition to our original holdingstain over 1500 acres of coal land.■ .*'We have established qu ek and efficient business methods. More earnings and quick action are the order of the day. If you want quick returns on your money, this is the enterprise in which you should invest. A few hundred dollare invested n oil and mining stock, backed by honest management and a little patience has made more people independent for life than any other industry in the world. Sign an application and attach it to your check for what you can buy now. Also, reserve in the installment application what you want for the future on the installment plan and protect yourself against the raise in price, as you will not have another opportunity to buy this stock at $160.00 per share. The trustees reserve the right to'reject and return all subscriptions after stock is over-subscribed. It is better to get in now than to wish you had later.CDain Crawford County, Indiana, we have equired 2000 acres more, making a total of more than 4000 acres in Crawford county of which we jowii the oil, coal, gas and mineral rights. The geological survey made in 1893 estimates that there are over four hundred thousand tons of workable coal in the county. The survey was made. principally upon outcroppings,, but since that time a well has been drilled in this territory for oil and from the log or record of this well, it is estimated that the coal is nine feet thick, therefore, proving the coal deposits are many times greater than the geologists estimated.JlAlso, at the date of tins surveytt■w'*, ^ ✓ -• i .- .. ^ _ a - - a — * *t- i '/■' f- c: c.\ g' * w./. ' : y ' w • *a vein of coal that would not been considered workable would now at the nr ice of coal be very valuable. About two miles south of English on. one oft 7our leases a water- well was drilled toa denth oi 100 feet thci Bent througha vein of coal vEucb w; - a-14mated to be about six feet in thickness. We hawd a coal mine on one of our leasesREFERENCES.We would be pleased to have you look up the standing of our officers with the Commercial Agencies or theCrawford County State Bank, English, Ind., American Bank and Trust Company, New Albany, Ind., LeavenworthState Bank, Leavenworth, Ind., or anyof the following stockholders:Dr. H. H. Deen____________LeavenworthT. S. Sto’-'1—1' - -----:m4- ”phenson, Druggist-Jesse S. Melton, Sunt. Schools_____ ^MarengoJ. H. McLin, Telegrapher ___”I. M. Golden, Merchant_______EnglishJoseph W. Patton, Druggist ”William Ashby, Engineer PrincetonT. W. Tucker, Farmer_Newton StewartAbner Cuzzort,.^ _________EnglishA. N. Bobbitt, Auditor-elect EnglishGeorge T. Cummins, Transfer____ -------------Macksville, KansasSam Benz, Merchant__________EnglishA. T, Turley, Building Material___ ------ ——EnglishJ. C. Longest, Miller -English• ■ ». , W. E. Cummins Real Estate------ EnglishHenry Grant, Farmer------Grantsburg:I. N. Froman, Farmer_____GrantsburgJesse Wright, Farmer_____Grantsburg*Craig Patrick, Farmer____GrantsburgJ. A. Blevins_____________GrantsburgJ. B. Ferguson, Merchant,.GrantsburgMoore Hooten, Produce EnglishM. L. Fouts, Operator_________EnglishJoe and Clora Mathers, Coal MineOwners___________Coalmont, Ind.*Monroe Melton, Supt. City Schools_______________Spring Valley, 111.Israel Standiford, Farmer EnglishMinor Miller, Farmer_________EnglishG. L. Haven, Granite Zanesville, OhioA. L. Temple, Farmer_________TempleJames Lambdin, Farmer________BaconS. M. Cunningham, Sheriff EnglishT. H. Adams, Capitalist VincennesC. E. Henderson Capitalist-IndianapolisLee King, Sr., Farmer___________EthelForrest Miller, Farmer_______EnglishC. P. Miller, Trustee__________EnglishCharles Benz, Merchant EnglishT. L. Grimes, Produce_________EnglishJoe McCord, Oil Operator LoogooteeH. A. Emisop, Fire Chief VincennesJas. McCrisaker, Capitalist--VincennesMrs. Adeline M. Willis VincennesC. W. Adams, Publisher VincennesJ. V. Spalding, Capitalist VincennesHoward Hyatt, Real Estate-VincennesJ. E. Donnelly Real Estate-■ r-rre7 ClHauteJ. E. Ross, County Clerk________EnglishMrs. Nellie Flanigan__________MilltownL. M. Taylor, Principal of Schools-____________ -Spring Valley, 111.C. E. Melton, Supt. City Schools—____________________ Lekiars, IowaOil and Gas Well No. 1, Gibson County. O. D. Tackock, Auditor English
Newspaper Details
English Crawford County Democrat
English, Indiana, US
Thu, Dec 30, 1920
Page 5
Full Page
Clipped by
Sullivan C.
IN, USA 12 Sep 2019
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English News
English Crawford County Democrat
