| Show A MILLION FOR TWENTY the following account of how D R beatty made by an original investment of 20 to together oether with an exhibition of enterprise and snap as told by the national oil reporter of new york is interesting and illustrates what can be done in the oil industry on the night of january 10 mr beatty a real estate dealer of galveston who had been ruined by the great storm was in the office of the galveston news on business connected with one of the relief committees of which he was an active member while he was talking to the managing editor the news of the wonderful lucas gusher came into the office beatty had 20 in his pocket and that is about all he had two hours later he was on a train bound for beaumont by the time he arrived there his 20 had dwindled down to about 10 at 1 per acre he took oil leases on ten acres of land within a stones throw of the lucas well which was then spouting oil at the rate of between and barrels a day today this same mr beatty of galveston could write checks for and they would be honored how much more he is worth no one not even he knows As soon as he got his original ten acres beatty wired to some of his galveston Gal friends and got together enough money to drill a well the beatty well was the second one to come in it is almost if not quite as wonderful a well as the lucas beatty sold his well to the national pipe oil company and got for it his share was about the rest went to his friends who put up the money for boring the hole |
