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Waterloo Evening Courier in Waterloo, Iowa

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Newspaper

Waterloo Evening Courier

Location

Waterloo, Iowa, United States of America

Date

Mar 02, 1927

Page

4

Doheny Faces 21 Million Loss in Elk Hills Lease Ruling

Washington March 2 The Supreme Court ruling cancelling Edward Doheny’s Elk Hills naval oil lease could cost him about 21.69 million dollars. Pan-American Petroleum and Transport Co. may seek offsets. Doheny is reported under medical care in Los Angeles.

Washington, D. C Supreme Court Elk Hills Cal Naval’ Oil Reserve Jédward —L Pan-American Petroleum, & Transport Co New York Wvas Doheny Organization Doheny Pan-American Petroleum Company Los Angeles

Royalty oil settle ends long Navy department dispute

The court holds $9,900,000 in cash as the royalty from Doheny oil operations, with the rest tied to drilling costs and Pearl Harbor storage. Officials plan to seek congressional permission to keep the royalties, while Doheny’s team contemplates counterclaims for $2,000,000 in fuel oil and storage expenses. Doheny could not be reached. rehearing not sought. counsel calls the decision the end of the investigation.

Navy Department Doheny Pearl Harbor Hawaii Navy Los Angeles Charles Wellburn Supreme Court

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Congress Carl Bickley Vine Shores’ Fuel & Transfer Co New York Company Per Baby Heywood-Wakefield Heywood- Wakefield Fibri E- Reed “Products Davidsons Rene Furnsigrs ST Street Waterloo Iowa Ered Li Panniversary Jersey Sunbeam Rayon Davis Wagner Wearwell Axminster Rey Tivee Martha Washington Colgate’s Ramsdell A Voss Voss Voss Floto Canoe Edowo Sy Notion Lexnander Graham Bell Ati Northwestern Bell Telephone Company Bell System
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