Temple Daily Telegram (Temple, Tex.), Vol. 13, No. 34, Ed. 1 Monday, December 22, 1919 Page: 5 of 10
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iEMFLB DAILY TELEGRAM, TEMPLE, TEXAS, MONDAY MORNING, DECEMBER 22,1919.
PAGE FIVE
Prosperity and Texas Oil
BIG SUCCESSES, OIL SUCCESSES READ LIKE FICTION
p Many are the stories told of practically penniless men who
have made fabulous fortunes almost over night, from invest
ments made in the Magic Oil Fields of TEXAS.
! -BELL MEN
COMPANY FINANCED AND Dili IL
AGAIN STARTED AFTER A
LONG DELAY.
Your Money Has the Power—Do You Back It
With a Little Nerve?
>*% «• I | • _ rirsi, mo i
Go back over the history of financial successes that YOU
. he *i feet ::::::
Finding of InuticiKo Cave While
Causing Much Vexatious Delay,
Prove* Dp Theory of Professor
Hatch.—Oilier Caves to ho encoun-
tered Hut They Will be Welcome.
The officer* of the Nolan-Bell Oil
company are happy.
They haven't got a gusher yet, hut
they havo two things to celebrate—
First, the slock Helling campaign Is
dollar of the $75,000 capi-
havlng been sold, and
i i Secondly, the trouble encountered
, know, how many times has the man with a little nerve made ZTZ cX VI
| been surmounted, and the drill 1*
a big financial success out of the undertaking that others, and
probably you, thought would prove a failure.
Read the ad to the right on this page; it tells a story
that the doubting wiseacres will have to admit is a wonderful
success. That company has the full co-operation of nearly
nine hundred local shareholders and eight hundred distant
shareholders. These shareholders know that EVERY promise
made to them has so far been carried out—they knew it would
when they bought the stock.
For your Deliberate and Thorough consideration we sub-
' mit
I
p
WORTH HEAD!
Dixie-Winner Drilling Co.—An Institution Vital to the Life of the Oil Industry.—Oil
Rules the Industrial World, Drilling Companies Rule the Oil World.—Money In-
vested in the Right Institution Will Bring Dividends.
There Is nothing in the world that
returns the enormous profits like
those that are paid from OIL. In
well drilling your chances are many
times greater for profit than with an
ordinary oil company, and the safety
of the Investment makes you feel at
ease at all times.
We firmly believe that the profits
from $500.00 Invented in DIXIE-
WINNER DRILLING CO. will easily
pay for your future automobiles and
gas and that the profits from $100.00
will afford you many of the luxuries
that may lie denied you now. Smaller
Investments will bring returns in the
same proportion.
No part of the oil business has the
chance to make profits that the drill-
ing companies have. The driller Is
the first to KNOW that OIL has been
struck. This is the ONE BIO THING
TO KNOW—a quiet, immediate gath-
ering of nearby leases, means THOU-
SANDS OF DOLLARS made in a day.
WE HAVE BEEN WAITING FOR
present conditions in the oil fields.
They always arrive. As the end of the
first year of an oil field approaches
numerous leases that have become
Immensely valuable ate reaching the
end of the required drilling time they
call for and find their holders des-
perate to secure drilling companies
and they will make great sacrifices in
order to secure the services of a drill-
ing machine, to save their lease. They
will give part or pay actual cost In
cash, with a good interest In produc-
tion of the well or lease, as balance
payment—so this is now the drillers
PARADISE—fortunes will be made
by drillers In securing an Interest in
production from wells they drill. Pick
up any daily paper and notice the
many drilling contracts being offered,
giving 30-50, which Is one-lmlf of the
oil the well produces. This In fields
where wells are coming in dally mak-
ing thousands of barrels of oil. Drill-
ing companies are going to be paid
more In the next few months. We
have not been idle and are now pre-
pared to offer you the opportunity
TO BECOME a member of this won-
derful association. It is the purpose
of the DIXIE-WINNER DRILLING
CO. to own and operate six drilling
rigs, these drilling machines will be
operated, three drilling on cash con-
tracts to one drilling on 50-50 con-
tracts.
A very low estimate of the profits
from a drilling rig is $5,000 to $10,-
000 each forty-five days. Many rigs
are today earning $7,000 to $10,000
per month. Figure the profit for
yourself and you will see that the
yearly Income from drilling contracts
will lie extremely large.
Inside Information
"Inside" Information on a well that
1* iibout to be brought Jn hus been
the means of making: many men
email fortum*. There la no doubt
nbout this.. When wo know wo are
ffoing to bring: a well in we will b«
In position to buy wurroundlng: leases,
on which we will clear large profits
for the Dixie-Winner Drilling: Com-
pany. The advantageous position
that our company wlU occupy makes
nn Investment In this stock the ono
best opportunity for the small inves-
tor.'tis well as the large.
Here is one of hundreds of in-
stances:
8. F. Balentino, former newspaper-
man, leased Vh acres of land in
Hanger while scouting for news items
last December, drilled two wells and
is now producing 2,000 barrels dally.
Up to Oct. 1, 15119, Balentine sold
161.000 barrels of oil off this lot,
valued at over $300,000. The acre-
age cost $1,500 and the two wells
represent an outlay of $150,000.
lialrntinc made his first coup wlien
I lie E. Koper Mo. 1 ivns brought in.
One of the drillers gnve the news-
paper oil scout advance information
on the well.
The newspaperman took the hint
and hunted up Elisha Roper, owner
of the 34b acres, where the drilling
well was located.
Mr. Roper ngreed to sell one-
rjuartcr of the royalty for $175 an
riere. The price figured $60,375 and
the newspaper man wrote a check for
the amount on a Dallas bank. Two
days Inter E. Roper No. 1 came in
for 5,000 barrels. 1*. M. Simons of
Fort Worth paid $60 375 for one-half
of Balentfne's quarter in the 345
lu res and Inter Balentine sold 50 per
cent of his 25 per cent lor $50,000.
again going down at a most satis-
factory rate.
Financial Condition.
The finances of tho company are
In most excellent shape, as shown by
a statement just issued by the secre-
tary and treasurer Messrs Blrdwell
and Jarrell. The stock has been sold
at a minimum expense for the selling I
campaign, as shown by the assets 1
and cash on hand. The big Mogul I
Standard drilling rig, with its full j
equipment of six extra bits, bailers, :
fishing tools water supply system and
other extra equipment, Invoices a lit- j
tie over $30,0(10. All new and all paid i
for. A car anil a half of casing adds |
another few thousand to tho com- I
panics assets, besides a 15 1-2 Inch]
well down nearly r'.x hundred feet, |
and. last but not least, more than
$22,000 in cash on detiosit In the '
banks of Temple and Killeen as a
drilling fuml to finish the present
Well and a No. 2.
The drillers state that the No. 2
well can be sunk for a very few thou-
sand dollars, because they will have
a log of tho formations, and all neces- j
sary casing and equipment In the event (
No. I Is dry, which none of them an- 1
ticipate. however.
Kxplanatiou of Uiq Shut-Down. !
Since the Nolan-Bell rig was shut i
down Homo three weeks ago, there
havo been many rumors as to the
cause. The true explanation Is this:
I at about 400 feet, tho drill encounter-
ed a rock that old drillers declare to j
be tho hardest ever encountered nny-|
; where. Nearly two weeks was re- j
quired to penetrate SO feet Into this <
irock, the progress being measured In;
I Inches per day rather than feet. Af-
ter pounding away tor two weeks, tho
drill suddenly crashed through into
an Immense cave, or crevice, the walls
of which sloped In such a way as to
make it impossible for tho drill to
pass through or beyond it with a
straight hole. In an effort to fill up
! the cavity about fifteen tons of rocks
! were dumped into the hole, but these
| would disappear as soon as the drill
; was lowered. Finally a big green tree,
18 Inches In diameter and about six-
i teen feet long, was cut and dropped
I Into the hole. This immense log dis-
appeared entirely, and has never been
j found. After a consultation tho dril-
I lers decldcd that the only way to get
through was to set casing. In the
i meantime a car of 12 1-2 inch casing ■
| had been ordered, but transportation
I delays prevented the delivery of this;
leasing for nearly a month, during
I which there was nothing to do but ;
j wait.
I The casing arrived late last week,
land early Saturday morning the drill i
j was gotten under way To the delight |
OUR FIELD IS UNLIMITED—SO ARE TIIE CHANCES TO MAKE PROFITS.
Should our interest in production
amount to only 1.000 barrels daily
within a year's time tho income to the
company would -be $2,000 a day or
$730,000 a year, or nearly 500 per cent
on our entire capitalization. It is
probable that we may develop a daily
production of 5,000 barrels, giving us
a daily income of $10,000 or $300,-
000 per month.
This gives you some idea of our
profit possibilities.
No long waits lor your money, div-
idends will be <>aid on regular divi-
dend dates. Seventy-five per cent of
the profits will go to dividends and
EPrNER COIIEN, President
Adv. Mgr. Temple Dally Telegram
W. H. BIRDWELL, Secretary
Commission Merchant
WHITE & EVETTS
Legal Counsel
25 per cent will go to a malnlenance
fund, for repairs, leases, more drilling
rigs, etc.
Your stock certificate entitles you
to an interest In each and everything
owned now or at any time by the
company. The shares are now selling
at $1.00 each, par value, and non-
assessable. The capital is small, yet
sufficiently large to guarantee sta-
bility and permanency—only $150,000.
The progress of our stock sales have
far exceeded our expectations and in
almost every mail we receivo sub-
scriptions from all over the United
States. Northern people know the
value of this stock we are offering
DIRECTORS:
E. K. WILLIAMS
Editor and Owner Temple Daily
Telegram, the Nation's Greatest
Small Town Daily
B. N. JARRELL, Treasurer
Mgr. Mississippi Store, Central
Texas' Largest Department Store
| of the officers and drillers, it develop-
ed that the cave was Iho end of the
hard formation, and more than forty
feet was made the Saturday, in good,
fast drilling gray lime stone. The
drillers declare that they can make
fifty to seventy feet a day in this
formation, and good progress Is ex-
pected from now (in.
I A\ bile the striking of the cave prov-
| ed very troublesome and expensive, it
, was not altogether unexpected or tin-
| welcome. Prof. Hatch, the Kansas
City geologist who made the location
! for Nolan-Bell's Nos. 1, 2 and 3 wells,
'stated to the directors:
"This country has been nil broken
up by subterranean upheavals, caused
by tremendous oil and gas pressure.
, During the first thousand or fifteen
j hundred feet your drill will encounter
j great crevices and vaclties, through
] which It will be very difficult to rn.inl-
and rapidly see the unusual safely of , tain a straight hole. But these should
it. These northern people are noted
for their keen business perception,
and therefore know that they are get-
ling into an institution properly offi-
cered and with monev making plans.
JOIN I'S NOW AND PARTICI-
PATE IN OUR FIRST PROFITS.
Rigs will be bought as fast as stock
is sold. More contracts are now wait-
ing for us that we can get to in the
next three years,
Mail your order for stock now—do
not put it off. Write us for full in-
formation on any point you do not
thoroughly understand.
W. A. HARRELL, Vice President
Clothing Merchant and Director
Nolan-Bell Oil Company
PROF. S. J. HATCH
Geological Advisor
Kansas City, Mo.
Dixie-Winner
Drilling Co.
ACTHOKIZED CAPITAL $150,000.
Shares $1.00 Each, Fully Paid and Non-Assessable.
Office: Suite 207 Wilson Building.
PHONE 71. P. O. FOX !7d
"MSMPLE, TEXAS.
Subscriptions Received for Ten or More Shares.
DIXIE-WINNER DRILLING CO.,
Box 176, Temple, Texas.
Enclosed find $ for
shares Dixie-Winner Co. stock. Capital $150,000; shares
$1.00, full paid and non-assessable. Mall certificate to:
NAME
TOWN
STATE
be encouraging r ither than disap- I
pointing, because when you get deen
enough you will tap ono of these
crevices from which the oil will spout
over your'derrick. It is tho most ideal
condition under which to find oil, and
you will find It here, in immense quan-
tities."
So the directors now have more
faith in the old geologist than ever.
The crevice just passed through has
been named "the Hatch Crevice," and
the next one will be called "Hatch
Crevice No. 2" and so on The drill-
ers are looking for crevices now, rath- !
er than dreading them although ns ,
warned by the geologist, they are ex-
tremely troublesome, and often sorely I
try the patience of a driller.
2.000 Koreans Arrested.
(Correspondence of tha Associated Press)
Honolulu, Nov. 21.—Three thousand
Koreans, men, women and children,
were arrested by the Japanese in
Korea, between Oct. 1 and 15 last, ac-
cording to advices received by Y. W.
Seung, editor of the Korean National
Herald, published here.
In the Japanese army and police
force occupying Korea there are 100,-
000 men, according to Seung's ad-
vices.
Moleskins High.
j (Correspondence of the Associated Press. >
| London, Nov. 28.—Moleskins are in
such demand for coats and furs that i
| mole trappers are already completing |
| contracts to dealers at per hun-!
|dred agains* a pre-wa* p-.ice of twen- '
, ty-five pb.l'i •• , er .• ,.j, !
An Official Announcement F rom the
Nolan-Bell Oil
Company
To its More than 1,800 Shareholders Through-
out the Nation:
i
Pursuant to our promise to keep the stock-
holders informed as to the progress being made,
we, the officers and directors of the Nolan-Bell
Oil company, issue the following statement as
to the condition of the affairs of the company:
About three weeks ago, the drill ran into a
cave, or crevice, at a depth of approximately
five hundred feet. Efforts to fill this cave so
that the drill might pass on with a straight hole,
was found impossible without setting casing to
guide the tools. A car of 121-2-inch casing had
previously been ordered, but was more than a
month in arriving, which necessitated a suspen-
sion of drilling for approximately three weeks.
Last Thursday the casing arrived. The set-
ting of five hundred feet of casing required but
a few hours, and the drill was again started Fri-
day night. Good progress is now being made.
Saturday's run showing more than forty feet.
The drill is now in soft gray limet and the drill-
ers state that fifty feet per day can be made in
this formation, which means that, while we may
not have a gusher by Christmas, as originally
hoped for, we are again making good progress
toward the goal.
Financial Status of the Company
Weare proud to announce that the entire
capital stock of $75,000 has been sold, and that
the finances of the company are in perfect
shape. We have $30,000 v/orth of drilling ma-
chinery and equipment, paid for, a car of 12 1-2
inch casing paid for, more than 500 feet of 151-2
inch hole; and more than $22,000 in cash to the
credit of the drilling fund on deposit in the
banks of Temple and Killeen.
We have a good, competent drilling force on
both day and night shifts and we hope to be able
to report rapid progress of the well from now
on, and a gusher by early spring at the latest.
(Signed)
WALTER M. BACON, Pres.
W. H. BIRDWELL, Secy.
B. N. JARRELL, Treas.
JUDGE M. M. WHITE, Director
E. K. WILLIAMS, Director
EPPNER COHEN, Director
*V. A. HARRELL, Director
CARL MANNING, Director
J. LEE WERST, Director
JNO. S. MOORE, Director.
$
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Williams, E. K. Temple Daily Telegram (Temple, Tex.), Vol. 13, No. 34, Ed. 1 Monday, December 22, 1919, newspaper, December 22, 1919; Temple, Texas. (https://texashistory.unt.edu/ark:/67531/metapth470207/m1/5/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Abilene Library Consortium.