OCR Text |
Show Pun Oil Gain Control of Humphreys 'DENVER, fol... Bep't. 1 Comoletl". of th. ante of tha atock af th. Humph, re.a Oil aompooy lo tho Indian. .1. ml componr, . aubaldlarr of th. Pur. Oil company, wa. .nnoune.4 by A. K. Humphr.y. Jr.. tr.Murar of lb. com-Pny. com-Pny. today. . " Tha Ir.naactlo. Involv.. th. pavm.ol Of 111.144.404 frtr 444.444 of Ih. ('." 0 .in. outatandln. at th. r.ia of .. per ah.r. It.pt. mbr II, and 14 p.. ah.r. avarr I wo month, for ten nx'Tiiha. niakln. . total of 144 per ah.r., wnh T par cent Intereai on der.rreA pem.ni. Tba holdtnga .f th. .lumplir.y, oil company by th. Mtunphrera I'.irel.um Oompuif nr. all, to b. conveyed to tn tndl.nol. .t th. r.l. .f li.t ,4 for th. Humphrey. ..troteuni ah.rea. rnverlna 74,ia .h.r. Th. other aeea of Humphrey. P.trol.una .r. not to b. conv.yed, howev.r. A n.w corpora I to. wit th f.irmed .nd It. Mock dfetrlbuted al dlrid.naa to Hiimphreya Petroleum aherehoideia and the naw company will hold th. .ther .eeeta, Inaludlo. Mm. .reducuo. and Ueeia Cnttl tk. Inat payment pa m.d. th. pr.eent mana.ement will eonilaee t. ep.rt. Uul yrop.rtlMt. |