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Show EMBARRASSES OIL MEN. New Regulations Put Indian Territory Terri-tory Operators to Much Uneasiness. Muskogeo, I. T. A now compllon-tlon compllon-tlon has arisen under tho now oil lcaso regulations. It has been tho custom for largo operators to mako a flnnnclnl phowing to tho Bccrotary of tho lntor-lor lntor-lor covering $40,000, which entitled thorn to nn approved lcaso on tho full 4,800 ncrts to which thoy woro entitled, en-titled, so far aa tho monoy is concerned. con-cerned. Under tho now regulations, whero bonds havo not been approved or leases' perfected, theso companies havo to submit a banker's certificate showing show-ing that thoy havo J 10,000 on doposlt, nnd thnt It Is to bo used to dovolop oil lonsos solely. This Is going to em-barrnss em-barrnss somo of tho operators who havo not tho money on hand. |