Western Oil Derrick (Oklahoma City, Okla.), Vol. 3, No. 4, Ed. 1 Saturday, January 24, 1920 Page: 2 of 4
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WESTERN OIL DERRICK. SATURDAY. JANUARY 24, 1920
GET IN WITH A WINNER
Western Oil Derrick Leasing Company No. 2
CAPITAL STOCK $100,000. SHARES SI PAR VALUE EACH
You Furnish The Money—We Pick The Leases
The marvelous success which attended the operation* of The Western Oil Derrick Leasing Company of Oklahoma City in acquiring valuable leases, and earn-
ing money to already pay three cash dividends of 5 per cent each has resulted in the formation of another corporation on similar lines to be operated with the same
successful methods as the original company.
The big oil companies have grown enormously rich by investing in oil leases. No big company bought a single lease and then stopped, but kept right on in-
vesting, to be represented in 10, 20, 50 or 106 oil fields.
The Western Oil Derrick Leasing Co. No. 2 proposes to operate in the same manner that has brought huge wealth to the Cosden Company, the Sinclair Com-
pany, the Carter Company, the Gypsy and a dozen other powerful oil corporations that were managed by wise men who knew that the road to oil wealth was through
the oil lease route.
Remember what the original Leasing Company has ac-
complished! Ttys new company with it? $100,000 of capital
should be .me of the biggest winner-, since every dollar re-
ceived by the company will be invested in leases. There are
no salaries. There are no commissions. There is no promo-
The enormous wealth that has been m?.de by the big oil
companies came through investments in
The original Western Oil Derrick Leasiie Company was
a big winner. The No. 2 Company will be a Vgger one on ac-
count of having more capital for investment
We believe that we have the ability and the facilities to
choose as good leases as any company that is n« w operating
in Oklahoma. Louisiana. Texas and New Me\i. y.
The management of this new corporat' n will be the
same as the original company, and is identical with the man-
agement of this newspaper,
THE WESTERN OIL DERRICK
The original company was formed for the purp se of buy-
ing oil leases in active oil territory. The success of the Num-
ber 1 company was far beyond the anticipations if the man-
agement. Profits came earlier than expected, although the
management was confident that the same methods which
made the big oil companies so enormously rich could be utilized
to fine advantage for the shareholders of a snail independent
Hence this Number 2 Company has been formed t> follow
up the operations that were so successful with the parent
The capita! of the new company is $100,000, and the shares
are SI .CO par value, each.
The publishers of this newspaper ha e extraordinary
facilities for obtaining information in advancc of drillir t Der-
ations. This enables the company to acq--.re ie;.?es at ex-
tremely low values, much lower than is possible for the aver-
age lease buyer.
The publishers of this r • wspaper come intj possess!- a of
valuable leases in exchange for advertising. These leases are
passed along to the company at exactly the value placed on
valuable leases in exchange for advertising. These leases ire
off anywhere. No lease is bought at a 1- w p<-:ce and resold t
the company at a profit. The company gets more than its
Tahie in acreage.
NO OPERATING EXPENSES
No salaries are paid by this company. There has been
no promotion stock issued and there never will be. The officers
of this company pay the par value for the shares they own.
The company has no expenses of any kind. No commissions
are paid for the sale < f st'^k. Shares are :tered for sale in
this newspaper and in no other way.
Investors who wish to become familiar with the match-
les- succ<— f the first Leasing Company a.e invited to ask
the shareholder? i that C mpany of the fine dividends which
Dividends are the best test.
Every dollar of money received by this company is invested
in oil leases in territory where wells are being drilled or are
THE NEXT BURKBURNETT
Of course, n one know s where the next Burkburnett or
Ranger r Homer or Cushing field will burst forth, but there
are g inc > be other oil tie'ds that will b"? just as rich as th ^se
which ma®* many mi!'i ns overnight. It is the purpose of
this company t acqu re ease< in many r.elds. and be p- s'.-
t: n tc reap s :rie of the wealth that is t be made with the
opening of a new oil field.
The management f this c rripany is in p> siticn to at once
turn over to the e rr.- any 2.000 acres f ieas.s in eastern New
Mexico which were purchased at hot: m prices that cannot be
duplicated at this time.
It will be recalled that David White, c-ne of America's
most faro us geologists, stated in an addre-s at Dallas th~t
there was every reas nt' believe that the next great < :1 field
would be disc ?red in New Mexico.
Kansas. Ok ih rna and Texas form the rr.id-continent >
field, the grearc-t in the v* rid in the : - duct: rs of high rrade
-■etr>letr"' California - the g-eates: western oil state Nt A
MEXICO LIES BETWEEN THOSE TWO WONDER OIL
FIELDS Can the drillers n*ss this great pool that scientists
decia.c ; d- rmant between the enormous iieids which are
pouring forth such a trer tndous volume of oil ?
THE WAY TO MAKE MONEY IS TO OWN AN INTER-
EST IN OIL LEASES AHEAD OF THE DRILL. THIS
ACTION HAS MADE THE BIG COMPANIES ENORM-
Western Oil Derrick Leasing Co. No. 2,
336 Huckins Estate Bldg-, t
Oklahoma City, Okla.
Gentlemen: Enclosed find check for
S in full payment of
shares of stock
in The Western Oil Derrick Leasing Company
No. 2. the par value of which is 51 a share.
I irr. :nvest;ng in these securities under your
guarantee that not one dollar of the share-
h Mers' money shall be used for the payment
of -alaries. for advertising expenses, for oper-
ating charges of any kind, for commission on
sale of stock, for direct or indirect expenses
of any kind, and I am subscribing upon the
explicit agreement that every dollar of money
paid to the company by stockholders will be
invested in oil leases in territory where wells
are being drilled or are contracted for. Also.
I am becoming a stockholder with the under-
standing and upon your guarantee that not
one share of stock ever will be issued for pro-
motion purposes, or ever has been issued for
that purpose. In becoming a shareholder in
the company I do so upon the condition that
the officers and directors of the companv
bought and (<aid in full in cash the sutr :' SI
for each share owned by ?;ud officers and
Yerv trulv vours,
WESTERN OIL DERRICK
LEASING COMPANY NO. 2
OKLAHOMA CITY, OKLAHOMA
HARRY G- JOHNSON and S. T. BISBEE. Managing Directors.
■nirrTOTr~w"iirm 111 IIIHHIII ™
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Bisbee, Sumner T. Western Oil Derrick (Oklahoma City, Okla.), Vol. 3, No. 4, Ed. 1 Saturday, January 24, 1920, newspaper, January 24, 1920; Oklahoma City, Oklahoma. (gateway.okhistory.org/ark:/67531/metadc152194/m1/2/: accessed January 22, 2019), The Gateway to Oklahoma History, gateway.okhistory.org; crediting Oklahoma Historical Society.