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THE UNIVERSITY DAILY KANSAN
THE SAN BERNARD OIL COMPANY
AUTHORIZED CAPITAL $100,000
INCORPORATED UNDER THE LAWS OF TEXAS
APPROVED BY KANSAS BLUE SKY COMMISSION
Par Value of Shares, ONE DOLLAR, Fully Paid and Non-assessable Offices: Lawrence, Kansas, 737 Mass. St.; San Bernardo, Texas
OFFICERS:
GEORGE O. FOSTER, President, Lawrence, Kansas.
P. G. BURNS, Vice President, San Bernardo, Texas.
J. D. KUHN, General Superintendent, Lawrence, Kansas.
GEORGE A. ESTLERY, Secretary, Lawrence, Kansas.
WM. FRANK MARCH, Treasurer, Lawrence, Kansas.
D. COEN BYRN, Assistant Secretary, 737 Mass, St., Lawrence.
Kansas.
DIRECTORS:
George O. Foster, George A. Esterly, W. E. March, Banker; J. D. Kuhn, Chris Schaake, Lawrence, Kansas; L. G. Frisbie, Banker; Frank Alden, Banker; L. Kindred, Bonner Springs, Kansas; P. G. Burns, L. B. Billingsley, San Bernardo, Texas.
The personnel of the above management is of such high standing that every investor can rest assured that no "high finance" will be indulged in the development of this company. Every dollar put into the treasury will be used for developing the valuable acreage controlled by the corporation. The average oil company formed today with the acreage we have, would capitalize for a million, but we put our capitalization low in order to enhance the holdings of each stockholder and to furnish just sufficient capital to drill three wells thus giving three chances to win. Not a dollar or share of stock of the San Bernard Oil Company will be used for promotion. We gave eleven thousand shares of stock and one-eighth royalty for our lease, leaving eighty-nine thousand shares to be sold. One-third of this amount has already been bought by officers and other stockholders We could sell our acreage at a large bonus.
But it is not for sale. We didn't organize for any other purpose than to develop our property for the benefit of our friends and neighbors who join our company. If you want to put your money in an oil proposition that will give you a REAL RUN FOR YOUR MONEY with a REAL CHANCE OF BRINGING IN WELLS THAT PRODUCE FROM 500 TO 30,000 BARRELS managed by men of integrity, personally known to you, we venture to invite you to join us. BUT IF WE FAIL, AND YOU CANNOT STAND THE LOSS AND BE A GOOD SPORT, DO NOT INVEST WITH US. We are not selling our stock with a guarantee of fifty to one or even two to one. What we do is to invite you to join us in developing an oil proposition on one of the most promising structures in the State of Texas, pronounced so by one of the foremost geologists of the country, which report you may be by calling at the office of the Assistant Secretary, 7:17 Mass. St., Lawrence, Kansas.
Our Property
The lease owned and controlled by this Company consists of 220 acres, located in Brazoria County, Texas, at the south end of the West Columbia Field. The West Columbia Field is being developed at a very rapid rate, and wells are being brought in that make from four to thirty thousand barrels so frequently that they cause very little excitement. This, however, is accounted for by the fact that the field is practically under the control of the grant oil companies, such as the Humble, Crown, Gulf Refining, Texas Company, and others.
Our property has many of the visible surface indications that assist the geologists in locating the large oil pools of Texas. Practically all of the heavy producing wells of south Texas are located on mounds or on slightly elevated structures. The land which we have leased has this one big feature, being a large hill with a flat land surrounding with an elevation of 20 to 24 feet. This within itself shows a well defined mesh.
We also have four well defined fumaroles or blowouts that would indicate that at some prehistoric time there had been gas blowouts in this region, and we now know that they reached levels to the sands that are tapped by the drills.
Frm an actual photograph showing large earth tank filled with oil
Our Property Has Been Examined by the Blue Sky Commission of Kansas
and we have official permission to sell our stock in Kansas. This, in itself, is evidence that our property is considered most promising.
Our directors are serving without pay, no commissions are paid for sale of stock, and, as stated above, there is no promotion stock. The books of the company are always open to every stockholder.
We have a car load of derrick material on the ground, and will begin drilling as soon as we have sold 25000 more shares of stock. The directors reserve the right at any time to take the stock off the market or advance the price of same. Bonner Springs, De Soto, Tonganoxie and Linwood are buying large blocks of stock, and we fully expect to have it all sold in a short time.
O. M. Bloom, of Independence, one of the most experienced oil operators in Kansas, has been engaged to assist in our drilling operations.
Any director or officer will take your subscription. Call on the Assistant Secretary, 737 Mass. St., Lawrence, Kansas, for informaion or subscription blanks.
THE SAN BERNARD OIL COMPANY
Immense New Gusher at West Columbia Making 22,500 Barrels Daily Opens New Territory
Angleton, Brazoria County, Toxas, Friday July 13, 2020—Report from West Columbia Wednesday stated that the great gusher that came in Tuesday in new territory has been put under con- dition. The production is at the rate of 22,500 barrels per day. This is even greater than at first reported.
After many thousand barrels had gone to waste for lack of storage facilities, connection had been made to the pipe line running to Damon Mound the greater part of the production was being saved.
The coming in of this great well has brought
visions of wealth to the few people who own land.
Of course Mr. Abrams who owns the large acreage in which the well is located, has an immense farm there.
Judge A. E. Masterson of Angleton ugs 2 1-2
with Judge Todd J. Schmidt of Angleton ugs
well. The value of this little tract today is a for-
warding one.
The Allen R. Cochran estate of which Judge Masterson is executor owns five acres.
darton Owls x 2-12 acres.
Louis Goldman of Houston has a 10-acre tract.
W. R Nash of Columbia and Mr. Brooks of wharton owns 2-1-2 acres.
M. A. Weems of Columbia et al own 25 acres, JR. Benton and T. L. Smith, Jr., of Columbia own 5 acres.
The tracts make a total of 50 acres that was subdivided years ago, during the days of the early 19th century.
boom but no oil. The parties who had the nerve to hold on to these tracts during all of those intervening years, now are going to profit in a very large way.
W. C. Hogg owns a large tract of land very near the well, and a report came Wednesday that he had leased a part of it, receiving a bonus of $200,000.00. Details are lacking.
The estate of Frank Jackson own 40 acres lying at a distance of 1,200 feet from the well Jackson was a negro farmer and the land was his home. He lived many years. He died a few months ago.
C. Glesiec of Angleton owns 128 and a fraction acres a little more than a mile from the well. Other owners have land within a reasonable distance, but the several small tracts named above and the large ones in Jackson tracts cover everything that is close enough to bring exaggerated values just at this time.
We have got to take off our hats to the men who years ago picked West Columbia as an oil field. The faith was well found. They had to be a long time, but their diagnosis of the case was correct.
We have today other spots in this country which are just as promising, and which have been picked as oil fields by men who ought to know. It is also because the work of the development work is done. This may take a few months or it may require years—The Angleton Times.