Show PLAN ADOPTED I IN Iff U J Scheme Follows T That t Successful Co in Wy 1 I Acquisition of royalty Is said promises to become a af fe of the oil 01 Investment activity as a result resul of the expected OJ in this stat stale Jl The ro royalty aly plan In connect connection on I the oil 01 industry is said to originated In Wyoming where pany which was started three ago with wih a capitalization of last year is said to have paid 2 In dividends besides greatly greaty exi eI leg Its Is scope of operations and has increased its Is m The same plan It is stated w followed by the United States R ties tes company recently I and whose president B. B C. C Mon was In a position to study the theo o tons of the Wyoming Royalties pany during his experience in th Industry in that state f t Mr Morrison says sas the plan i m consists in the acquisition of hol through purchase lease or leasing mit and the awarding of ot drilling tracts on a n royalty basis thus thus thus' the chance of ot loss to th J cost of acquiring the holdings an quiring the greater chance offa income should the drilling op opera ra prove successful successful Jl He le states that his company all has acquired 1 15 p pr r cent grossly ties on wel well claims gross In th cle Cliffs San an Rafael and Woo WooI I structures In Utah 74 7 per ce royalties on 1 1700 acres in t Creek field of ot Wyoming 3 5 p pross pen ti gross ross roya royalty I on 60 acres In th I field of Montana Creek and other promising oil 01 properties 01 drilling contracts have not as Y yet negotiated |