Show f SUNDAY SUNDAY- MORGAN CANNING COMPANY 9 90 0 First Fit Pfd PM at Yield 89 0 No 10 funded debt ahead of oC this issue and anel none may be placed a ahead ot of it I. I nt present It 1 I is therefore In similar position to a First Mortgage on 11 ii the a assets I of oC the Company n It I Is Cumulative t It I carries a a. Convertible privIlege which should provo prove valuable A Sinking Fund pro o provides f fc the retirement of 5 per cent of or the outstanding Stock each year ear commencing 1923 1023 With Interest such opportunities for conservative Investment rates falling cannot long Jong remain available J. J A. A CO v Investment Securities liccie Main St. St Was Wu 1 77 Tel 3 Salt lake Lake 7 City Utah Ogden aden Utah I Cold Needed Thee rr moat t b be more mor mort gold Jold before or world affairs affair DUal pr properly adjust 1 Se offer ofer stock Moek in a gold cold Jold property of meg mag- I slid t f repels repels- n Ii H ton lint Ot alon AIOM no great dividend I return but returns 0 n cx- n a fu I ra i Hi ilia U ill I I Write rUe for Part Facts lat an EASTON SHAW 2 Broadway New York City I MORNING MAY 8 s 1921 92 I Announcement tt II Believing strongly in the future of Utah as a coming coming com corn ing lag oil oi state and particularly Lirly luly in that part known as the SAN RAFAEL RAFEL SWELL VELLI in Emery County the undersigned undersigned un un- un have formed the Reserve Oil Oi Company of Utah The company takes over cil dl and I gas gas prospectors prospector's permit No issued by the tile U U. S. S Government to Mr C. C A. A Quigley of Salt Sal Lake lake City and embracing 2560 acres in Sections 23 24 25 and 26 T Township 20 S. S Range 1 11 t I East S. S L. L L M. M The Tile land is located on the San Rafael river and is so situated as to afford ideal drilling conditions The property adjoins that of the theOld theOld theOld Old Emery Oil Oi company and the San Rafael Oil Oi Corporation Corpora Corpora- tion ton both of which companies companies com corn are now actively ly drilling drill drill- lug ing while the Carter Oil Oi company a subsidiary of the tile Standard Oil Oi company is movin moving a drilling equipment equip ment in for early operations I on this tills same saJe structure The RESERVE OIL COMPANY OF UTAH in addition to having purchased pur pu chased a drilling rig rg which is now being moved on to its holdings has provided a treasury of several thousand dollars in cash with which to begin active operations I at once i iVe 4 Ve We quote from Dow DO Jones Co Editors of Wall Vali Val Street Journal Joural the reco recognized financial authority authority authority author author- ity of New York on their Bulletin No 5 dated Th Thursday Oct Oct 1920 There is no doubt that the oil oH conquest of the great Rocky Mountain territory will wit be made by fhe the Standard Stand ard Oil Oi Company of Indiana Geological definition of oil oi structures in numerous locations loca loea lions tons in Wyoming Montana Montana Mon Mon- tana Utah and Colorado lead to the most optimistic optimistic- estimates as to the future oil yield of this section In Utah is located the big biggest est oil oi structure in the tue tie United States and probably the world It I has an area of many hundred square miles mies far removed from any railroad but Standard Oil Oi has so far progressed with wit its preparatory work as to warrant the expectation tion ton that the oil oi world will willbe willbe wi be astounded at results if hr the course of the next year or so The officers of the RESERVE OIL OIL- OL CO COMPANY IPA Y OF OI UTAH have ha havea haea a keen appreciation of oC the tho value alue of oC oil 01 as the LIFEBLOOD OF THE INDUSTRIAL WORLD land and the GREAT MASTER R FORTU FOR FOR- TU TUNE BUILDER E and confidently conti- conti dently denty look forward to a wonderful wonderful won won- growth of or the state In Inconsequence Inconsequence inConsequence consequence of oC the development dc of oC this Important resource and unreservedly feel teel that the people peo pie of r Utah should be the beneficiaries bene bene- ther rom While numerous requests are comin coming from outside capital tot for forthe the tho privilege of oC underwriting of oC and taking over o such part our Treasury stock as the cOmpany company company com com- pany wishes to dispose of oC at the present time it will wi be the polIcy policy pol pOi icy of oC this company to permit perit Utah people to purchase the the stock to be o offered before beCore any stock offering Is made on the th outside In this way wy Utah Uth capital cap cap- its ital may assist In the development develop ment meet of oC the great oil oi industry of oC the state antI and and Seat In turn tur receive the tho advantages advantage of oC rapidly In Increasing fn- fn creasing stock valuations that are sure sum to follow To this end enda a definite stock of of j r i 1 be e the the announced later j-h j i l th principal or of th state OFFICERS AND DIRECTORS C. C A. A QUIGLEY QUILEY President Presidents s C. C B. B lA HAWLEY Vice F. F B. B COOK Secretary L. L B. B ICK Treasurer E. E A. A CULBERTSON Director A. A V. V ICI Director I F F. F J. J GUSTIN Director V. V C. C Director Office Office 33 33 Exchange P 8 Salt Lake City Utah |