Casper Daily Tribune Newspaper, April 8, 1922, Page 7

CC EEEEESSE'S'S:' #s«~= =o . SATURDAY, APRIL 8, 1922. Che Casper Daily Eribune PAGE SEVEN ~| Colonel Hatfield Cuts Another “Melon” April Dividend of 10% Brings Six Months Total to 1557 Immediate Wire Reservations Honored for April “Pay Day” Another cash dividend of 10 per cent on April 10. = It is little wonder that investors in every state im the union are eager to enlist with me in this Project. Though less than half a year old the Texas- Mexia Drilling Syndicate has already paid 145 per cent cash dividends—another 10 per cent on April 10—155 per cent in all—a cash divi- -paying record perhaps unrivalled in the ing history of oil. Every time I sit down to sign dividend checks, and I have done so frequently in the past five months, I get a thrill of pleasure that is most gratifying. I cannot help but speculate uporthe feelings of the folks who get these dividend checks, be- ¢ause many of them have lost money in oil, and I can imagine no higher boon or blessing from heaven than the privilege of making money for the folks who had the faith and courage to join me im the more or less uncertain pioneer days of my enterprise. I say, it gives me pleasure tomake moncy for other people, because in so doing, I not only reward their faith in me, but I make a definite contribution to the world’s industrial develop- ment by encouraging investors to put their money into enterprises organized to convert na- ture’s bounty into the necessary articles of com- merce. Five cash dividends paid—another an- nounced for April 10—155 per cent in all, and the future rosy with promise—my predictions coming true—my dreams about to be realized. To participate in the April 10 dividend, readers of this issue of The Tribune must act quickly, Wire reservations received before midnight of April 10 will be honored in the April dividend disbursement. Wire your reser- vation, mail your remittance. E-must predict again. My predictions are coming true. In my t last week I predicted acreage values would soar with my an- nouncement of three wells to be drilled for the Texas-Mexia Drilling Syndicate. That's just what happened. When my announcement went out to the world that I would start drilling three wells for this enterprise, that very day reports reached me from my “grubstake’”’ field crews that acre- age surrounding the locations of my No. 1 well in San Saba County_ my No. 1 well in Crane County and my first well in Kaufman County had increased in value in some instances as rouch as 100 per cent. So great is public confidence in my projects that the oil fraternity seems to take it for grant- ed that just as surely as I drill on a structure oil-will be found. Next Monday morning (weather permitting) my first well on 2,000 acres in San Saba County will be spudded in. I entertain no doubts about the San Saba field, because neighboring operators in this area have encountered splendid production of a very valuable oil of high lubricant content from shallow depths. Drilling is i ive in San Saba County-— profitable commercial production is encounteréd at from six to nine hundred feet and the field gives every promise of being one of unusually long life. I imtend to drill many wells in San Saba County—profitable production is practically as- sured at minimum development cost, and I shall depend upon San Saba County to yield substan- tial revenue and augment my ability to pay fre- quent and substantial dividends in this enter- Prise. Folks who joined me six months ago have profited Monday night should see my first well drill- ing on 20,000 acres in Crane County. My own judgment and that of other geolo- gists with whom I have counseled, and my 25 yeers’ experience in locating oil pools in all parts of the world, convinces me that I shail get a monstrous gusher in Crane County. An apparently perfect structural condition exists here. On a great natural dome with its enclosures plainly marked in the bold geology of that region, I will strike for fabulous fortunes for my unitholders and myself. 1,760 feet is the depth at which I plan on tapping a veritable lake of petroleum. and here, I am planning not only tremendous profits for my associates, but for myself I am striving for the distinction of being the discoverer of a new and extremely rich oil field. In my. mind it is but a matter of months, perhaps weeks, until I will stand acknowledged to the world as the Colonel Humphreys of an- other “Mexia,” in Crane County. In San Saba County I will drill with safety and security for the shallow sand where a semi- refined oil of great value is found. From this source I expect a substantial income to perpet- uate dividends. On 20,000 acres in Crane County I expect to encounter gusher production at less than 2,000 feet. Here, I anticipate getting a 3,000 to 5_000-barrel well, and from the sale of acreage surrounding it I expect to derive sufficient quick cash to enable me to declare at least a 100 per cent dividend leaving the well and several thou- sand acres of leases to be a constant source of revenue and profit to my unitholders and myself. Then for Kaufman County. By May 10 I in- tend to spud in my first well on 5,000 acres in Kaufman County—by that time my first Okla- homa well will be drilling on recently acquired acreage in Coal County. So it will go, well after well until my program is completed, my dreams realized. You Need the Wires Now for April Dividend Shower The press frequently refers to me as the cash dividend paying mon- arch of Texas oil. In all humility I accept this title, but by accepting it I do not wish to brand myself as an egotist. My present cornpany, the Texas-Mex‘s Drilling Syndicate, was or- ganized scarcely-six months ago. The early days of this enterprise were trying indeed. 1 was handi- capped by lack of capital, beset on all sides by the customary disad- vantages of a man working aione. For five long years I had traveled, most of the time on foot, over practically every township in the state of Texas. I searched for oil structures with the perseverance of a crusader—I found them. I believe that the great natu- ral arc on our 20,000 acres in Crane County covers a veritable ocean of oil. I am convinced in my own mind that beneath our San Saba Coun- ty acres lies a deep rich sand literally saturated with petro- leum. Every lease that I acquired for my syndicate is, in my belief, bound to yield large fevenue. My record of having paid 145 per cent cash dividends in five months, and my announcement of another cash dividend of 10 per cent payable April 10, is most striking when you consider that during this period I have not pro- duced one pint of oil or drilled a single oil well. These remarkable dividends have been paid from the sale of water to drilling neighbors from a surfcae lake on one of our leases and frdm revenue derived from acreage deals. Six months from today I expect to have established a cash divi- dend paying record in this proj- ect that will so far outstrip my record for the first six months that I shall never be called upon te defend my title now held under a newspaper decision—the cash dividend paying monarch of oil. In all humility I say these things because I believe in my heart that they will come true. Sincerely, One by one in sure succession each of my predic- tions have becomea reality. I predicted that acreage values surrounding my various drilling locations would rise—they have. Now I predict that the few remaining unsold shares im my syndicate will be quickly subscribed.. I predict that before my next dividend date is announced every single, solitary unit of the present limited allotment at $2.00 per share will have been issued. I predict that many people will be disappointed if they delay too long to join me im this project while units are selling at $2.00 each. What the price of my shares will be when the pres- ent limited allotment is exhausted, cannot say—per- haps $3.00 or $4.00 or $5.00, because— By that time my first well in San Saba County should be producing, and our 2,000 acres there should be worth $1 500,000.00. By that time our drill may have pierced the pay sand in Crane County, and our 20,000 acres and well there may be readily salable at many times the total capi- talization of the syndicate. By then my Kaufman County well should be near- ing the Woodbine sand and the well and 5,000-acre lease there may be yielding a great big fortunc in oil every day. So great is my confidence in my three Texas well sites and my Oklahoma location that I cannot help but feel that it is but a matter of weeks now until my syn- dicate will be recognized as one of the most profita- ble industries in the southwest, and my unitholders and myself regarded as one of the wealthiest groups of people in this country. Just think of it: 155 per cent cash dividends in six months—four wells contracted for, many, many more wells planned—several big acreage deals pending— literally millions of dollars in profits possible. The April cash dividend of 10 per cent will be paid to all unitholders of record on that date—wire reser- vations received up to midnight of the 10th will par- ticipate in this melon-cutting. You need the wires now—telegraph your reserva- tion—amail your remittance. Just say you want to be with me. I'll do the rest. handsomely. They have not only gotten all their money back, but counting the April dividend, they have re- ceived 55 per cent “‘to boot.” Investors who came in with me as recently as 60 days ago when my units were selling at a dollar, have not only received substantial cash dividends, but like my early associates, they have seen the market value of their shares double. Truly, these people are fortunate, but I believe that their good fortune is just beginning. I believe that those who join me now, those who subscribe for my units AT TODAY’S MARKET PRICE will reap proportionately as great rewards. A few months ago it was impossible for any mortal to predict what success I would have in this venture— my acreage was unproven—my “grubstake” plan of de- velopment untried. I might succeed then, but I also might have failed. But now things are different. My. geological re- ports on our acreage are accepted as almost conclusive evidence of the existence of oil—my “grubstake” op- erating’ plan is recognized as an epoch-making depar- ture in industrial organization—it seems I cannot fail now—my success is regarded as a certainty. My only concern now is to extend the family circle of ray unitholders into an ever-widening arc. I want men and women in every hamlet in this land to share in the profits of this project. My financing may soon be over. The price of my units must certainly advance soon —dividend should follow dividend with monotonous regularity—I say, my units should advance soon—that is not all—they will advance steadily. From $2.00 to $4.00—from $4.00 to $6.00—from $6.00 to $8.00—from $8.00 to $10.00—from $10.00 to $12.00. On and on, upward and upward; in fact_ be- fore another winter comes my units will sell at from $20.00 to $30.00 each, I verily believe. I have explained all—you understand now that if you wish to join me and participate in the April divi- dend, your reservation must reach me by midnight April 10—mail will not reach me in time. You need the wires now—telegraph your reserva- tion, mail your check. This very minute. 500,000 UNITS Sold in Blocks of Not Less Than Ten or More Than 1,000—Limited Offering of Units. at $2.00 Each. COLONEL B.M. HATFIELD SOLE TRUSTEE Texas-Mexia Drilling Syndicate Suite 1211 F. & M. Bank Bldg. Reference: Any old-time driller or oil operator in any part of the world on Cooperative — Profit Sharing Development Plan The Texas-Mexia Drilling Syndicate has been organized under a declaration of trust, on file with and recorded by the county clerk at Groesbeck, Texas, and with myself as sole Profits, Will.receive dividends on basis of $2,500 worth of units each, and I will receive dividends on $10,000 of the units. The units on which the working members of our ergan- SNe AR. “ : : ‘ s ization and I will receive dividends will not be our private trustee; and also recorded in Tarrant County, Texas, Our Sny- property, but. willbe held in. cacrow by the bank, and oe wi dicate is divided into 500,000 equal beneficial interests or units receive only the profits earned by these units, as more wells with a var value of $1.00 each, fully paid and non-assessable. ars Soeipered aril ah eg a members of the Syndicate } ; a . F pegin to share in the profits, the number of the escrowed units eRe ee ore eee an yo noe all the Aatereny DOSE St 8ny. on which each will draw dividends will be decreased. The total time. A quarterly statement showing the exact financial con amount of these escrowed units on which th orking mem. dition of the Syndicate will be mailed to each interest holder. vers of the organization an d 1 will draw dividends will never From any income which the Syndicate may have, 10 per | {ie only one of lis kind over morken Out womdres heen o das a reservi C 90 cent, ¢ ed. out— es tha fous actual operating resueusustorll: be olaits diviense’ trees investors who furnish the capital and the workers who actually create the value and make possible the in the profits of the Syndicate, and it and continued success of this enterpri fits, will both share agsures the quick and especially docs it insure the maximum of effort and efficiency in operaiion at the minimum of expense. woe ft The Unique Grubstake Unit Plan Explained _ | dividends to be declared as often as profits are earned. These dividends will be distributed on the following plan: The drilling crew that completes tho first producer for the Syndicate, thus creating actual values and making possible In lieu of stated salaries or wages, all of the employes and CLASSIFICATION OF GRUBSTAKE FORCE: officials of the Texas-Mexia Drilling Syndicate are working on Grubstake employes are divided into throe clasaes. } ior peeve Seek aeeemeeee : PIA! Font be Class A—Heads of departments and office employes, includ: : se Sonoes: Pci ee fr anes AU eee ing attorneys, chemists and engineers, to the number of 38. the Syndicai ve bee: aced 1 s to ne Hs Basel trom cine to to all vera plagek: from Class B—Drillers and drilling crews, to the number of 56. } heads of departments to the humble field workers. The num Class C—Refiners and distributors to the number of 16. ber of units allotted to each to b rmined by Col. B, M Ma a total grubstake force of 100 Hatfield, sole trustee, according to the value of services ren Hatt UM ALLOTMENTS OF GRUBSTAKE UNITS. OcrThese units are escrowed, not given or sold to any om Oth of 100,000 or 10,000 units. z ploye, and the interest of each individual in his or her escrowed a ~1-25th of 100,000 u 2,500 units. units is continued to the dividends therefrom, for such time —Based on efficiency. as he or she r~mains a loyal employe of the Syndicate. payments in cash to the grubstake force aro determine? In the event of a worker’s death during employment, one half of the dividends automatically cease and the other halt ng @xpenses. reverts to the employe's estate in perpetuity. 0 per month and boan on a job. In the event of either total or partial disability of any bs B. employe while on duty he or she receives the full benefit of Cash payments to everybody cease when income from any the apportioned units. other source reaches the amount of cash payments. i ee SSS —— Very truly yours, See ecerceccsesceceseceseseeeseeceees Cerecocccsecccsocece jr APPA ? COL, B. M. HATFTELD, cDT-48. WwW é Sole Trustee , ‘ ‘ TEXAS-MEXIA DRILLING SYNDICATE, a ee 1211 F, & M. Bank Building, Fort Worth, Texas. FORT WORTH, TEXAS DEAR SIR AR : $1 Express P VALUE $1.00 EACH Inclosed please find Check P. 0. COL] B. M. HATFIELD, SOLE TRUSTEE. - ‘ : ran — F) “<c SsYK “AT U at $2.00 per Unit (not less than 10 or more than 1,0 iz. ‘ME> D! 4LING SYNDICATE, Ae Ae a SYNDICATE of which Col. B, M. Hatfield is Sole ‘Trustee. 1211 F. & M. BANK BLDG., FORT WORTH, TEXAS. Make certificate in the name of and mafl dividend checks to: RESERVE .-..-.......+..- UNITS. MAILING CHECK DIVIDEND RECORD TO DATE: hie ie a OE eT 4 Sk NBER UMEL res. ae iWrite First Name in Ruin TODAY. I WANT APRIL DIVIDEND. . Fort Worth, Texas AIEEE ON: 5 mers aeentns)