Ogden Standard-Examiner | 1922-07-08 | Page 2 | Pacific Oil Buys into Pipe Line

PACIFIC OIL BUYS INTO PIPE LINE SAN FRANCISCO. July 8 In the annual report of the Pacific Oil company com-pany for the calendar year 13J1. made i-uidic today by President Paul Shoup, s the announcement that the company has bourrht ErS.eSO additional shares of the stock of the Associated Oil company com-pany and has acquired Interest In th' Associated Pipe Dine. The Income account for the year, shows that the Pacific Oil company earned In 1921, after all deductions bout $4. GO a share on its outstanding apltal ytock, while It declared in the ame period dividends of $3 a share.